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Crypto VCs made $2.6B worth of deals in the first quarter of 2023

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Valuation trends in the report are mixed, with seed rounds up 33.3% and late-stage rounds up 209.2% compared with 2022; however, early-stage rounds are down 16.7%.

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Coin Market

Crypto Biz: Is AI the exit strategy for miners?

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Bitcoin miners double down on AI, tokenized RWAs top $43 billion, Ripple strengthens its African payments network and Sam Bankman-Fried loses his appeal.

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Coin Market

Bitcoin taps $63K on Juneteenth as July Fed rate-hike odds near 40%

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Bitcoin price action avoided volatility but failed to bounce from local lows after a hawkish Fed meeting and posturing over Strait of Hormuz control from Iran.

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Aave survived $8.45B in withdrawals, but risk questions remain

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Aave handled $8.45 billion in withdrawals without freezing funds, but the episode raised fresh questions about hidden risks in DeFi lending.

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