It was the third full week of 2023, the third full week of consecutive gains for all leading cryptocurrencies, and the third week of...

A recent research report on blockchain/crypto developers says that in 2022, among blockchain ecosystems with 1000+ total number of developers, Solana had the highest...

Maria Shen, partner at Electric Capital, unpacks the venture firm’s latest Developer Report. Hotly anticipated among crypto observers, the annual report captures which chains...

.Key highlights: According to the report presented by Electric Capital for 4 years, the number of blockchain developers continues to increase steadily. While the Solana...

Ethereum (ETH) has seen a five-times increase in developers contributing to the open-source project in this crypto bear market compared to what...

Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 people attended the inaugural event in 2022, making Permissionless the world’s largest DeFi conference. ...

Cryptocurrency company, Luno has launched an early-stage investment arm, Luno Expeditions, to back fintech and crypto or web3 startups across the globe, according to an announcement from TechCrunch. Luno launches investment arm to back over 200 fintech and crypto/web3 startups yearly https://t.co/Jc4jLltUef by @ulonnaya — TechCrunch (@TechCrunch) March 16, 2022 The investment arm will fund between 200-300 startups annually and diversify beyond crypto into the broader fintech space. The fund will invest between $50,000 to $250,000 and dig out between $15 million to $75 million yearly which essentially means an investment between $50 million to $300 million range will be committed when looking at typical investment periods of funds of around three-four years. CEO Jocelyn Cheng will spearhead this new project as she leads an all-female team of five. She has prior experience in investing in the startup industry over the last six years as the managing director at Global Innovation Fund, an impact investment VC. “There are very few truly global and very early-stage fintech funds in the world; we see an exciting opportunity here to build one. The reason why it’s not just pure crypto is that over the past few years, as operators scaling some of the largest crypto businesses in the world, we have noticed that there is such a strong intersection between some of the traditional fintechs and crypto,” said Cheng. Venture Capital Firms Bullish on Crypto Companies Earlier last year, leading venture capital firms such as Paradigm and Andreessen Horowitz have launched crypto funds upto $2.2 billion and $3 billion respectively. Additionally, there have been more crypto funds from Hack VC, Electric Capital, Crypto.com, and Inflection, all launched within the last three months. Luno Expeditions has already invested in 20 crypto and fintech companies such as Nala, a Tanzanian remittance solution; Oraan, a digital bank for Pakistani women; Notabene, a crypto compliance solution in Israel. Others include African crypto exchange platform Busha and fintechs Stitch and Root.

The post Luno Launches Venture Capital Firm Arm to Invest in Web3 Startups appeared first on Cryptoknowmics-Crypto News and Media Platform.

The EU bill to regulate crypto removed language that would have effectively banned mining, sending crypto markets up, while equities fell amid tensions with Russia

The post Market Wrap: Crypto Rises as European Mining Ban Falls Through appeared first on Blockworks.

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. In this episode, Laura[...]

The post The Chopping Block: In ‘the First Crypto War,’ How Should the Money Be Spent? appeared first on Unchained Podcast.

Espresso Systems is developing right solutions to address the technical and log-jam issues that prevent the advantages of Web3 scalability and privacy. (Read More)

The largest buzz came from Electric Capital with its $1 billion raise for two new funds focused on crypto ventures and tokens

The post Funding Roundup: $1.34B Invested in Crypto Companies and Funds This Week appeared first on Blockworks.