Finance

Web3-Powered File Management App Raises $1.5M to Offer Alternative to Google

Fileverse offers a decentralized file management and collaboration service, an alternative to centralized providers such as Google or Notion.

(Fileverse)

Markets

Sino Global, Coinbase and Libra Alums Start $60 Million Web3 Fund

Oak Grove Ventures will focus on early-stage investments in Web3, artificial intelligence and biotechnology.

Singapore, view of Marina Bay with Gardens By The Bay manmade trees in the background (SoleneC1/Pixabay)

Videos

VC Firm CoinFund's Managing Partner Seeing 'Significant' Activity Around AI and Web3

Recent PitchBook data shows crypto companies worldwide raised $5 billion dollars in the first half of the year, down almost 75% from a year ago. CoinFund managing partner David Pakman shares insights into the state of crypto VC funding and what sectors are seeing a significant amount of activity.

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Web3

VC Funding in Web3 Plummets 76%: Crunchbase Data

In the second quarter of 2023, Web3 startups raised just over $1.8 billion, compared to $7.5 billion during the same period last year.

(Getty Images)

Finance

Web3 App Development Platform Sort Raises $3.5M to Further Product Growth

The startup allows developers to incorporate smart contracts into apps.

(Getty Images)

Finance

Binance’s VC Arm, With Over 200 Investments, Focuses on 'Explosive' Potential for Web3

Binance Labs has grown its assets to $9 billion from $7.5 billion despite a bear market and the post-FTX collapse turbulence.

Yibo Ling, Chief Business Officer of Binance Labs (LinkedIn)

Finance

Coinbase Will Be 'Best Investment' Over Next 5 Years: Boost VC's Adam Draper

An early investor in the crypto exchange, Draper made the comment on stage at CoinDesk's Consensus 2023 conference.

Left to right: Lauren Stephanian, Pantera Capital; Jalak Jobanputra, Future Perfect Ventures; Adam Draper, Boost VC; and Tracy Wang, CoinDesk (Shutterstock/CoinDesk)

Videos

Silicon Valley Bank Collapse: Crypto Impact and What's Next

The abrupt collapse of the Silicon Valley Bank and Signature Bank prompted U.S. regulators to impose emergency measures to protect depositors. This comes on the heels of crypto-friendly Silvergate Bank’s shutdown in the same week. Here’s a look at how SVB’s closure is sending ripple effects across the crypto industry, and what’s to come.

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Consensus Magazine

What Are VCs Funding After FTX? More Decentralized Infrastructure

Infrastructure projects and regulatory-resistant protocols have attracted cautious investors.

Investments dropped off in January 2023, according to data collected by CoinDesk. (Sage Young/CoinDesk)

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