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.

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.

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.

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.

Web3 App Development Platform Sort Raises $3.5M to Further Product Growth
The startup allows developers to incorporate smart contracts into apps.

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.

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.

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.

What Are VCs Funding After FTX? More Decentralized Infrastructure
Infrastructure projects and regulatory-resistant protocols have attracted cautious investors.
