VC Roundup: Investors double down on funding for crypto, blockchain startups

June 19, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

This edition of Cointelegraph’s VC roundup features Plural Energy, Everclear, Ava Protocol, GoPlus, and other startups.

The United States SEC and Fidelity assembled to discuss Fidelity's Wise Bitcoin Origin Trust application, reviewing diagrams and examining the operational logistics and functionality of the product. 376 Total views 2 Total shares The United States Securities and Exchange Commission (SEC) recently met with Fidelity to seek additional clarity on its spot Bitcoin (BTC) exchange-traded

Florida CFO wants Bitcoin to be included in state pension funds

Florida’s elected chief financial officer and fire marshal Jimmy Patronis says his letter follows Donald Trump’s plans for a national stockpile of Bitcoin.

Crypto Incubators: An Ultimate Solution or Just a Tool for Startups?

After crypto prices went through the roof in 2017, an eruption of new tokens, companies and products occured. With such a high level of consumer and corporate interest, many promising projects were inevitably lost in the crowd. Fortunately enough, some of cryptocurrency’s biggest names offer their services to a select few projects that are they…

Former U.S. President Donald Trump launches 'MugShot' themed NFT drop

"Never surrender!" the former U.S. President wrote. Former 45th U.S. President Donald Trump is launching a third nonfungible tokens (NFT) drop center around the theme of his ongoing criminal indictments.According to the December 12 announcement, dubbed "MugShot," the trading cards are purchasable via either credit card or Wrapped Ether (wETH) and are not transferrable until

Chinese Internet Court Employs AI and Blockchain to Render Judgement

In China, blockchain technology is increasingly employed to settle court cases, local news outlet Global Times reported on April 25.Speaking at the 2019 Forum on China Intellectual Property Protection, Zhang Wen, president of the Beijing Internet Court — which was established in September 2018, and has since processed 14,904 cases — reportedly said that the…

Bitcoin was pronounced dead 415 times, now it battles for $100K

Based on the growing global money supply projected to peak at $127 trillion in January 2026, some analysts predict a Bitcoin cycle top above $132,000.

The risks and benefits of VCs for crypto communities

Traditional venture capital funds drive valuations through multiple funding rounds. Startups aim for initial public offerings or other exits. Then the sharemarket decides upon a more realistic valuation. But in cryptoland, tokens introduce market capitalization while a company is being built.This means there are a lot of competing interests and agendas. Token sales for Web3 startups…

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