/ Crypto winter
Sequoia Capital Cuts Cryptocurrency Fund from $585M to $200M, Will Focus on Startups
Sequoia Capital, the VC firm that invested $210 million in the collapsed FTX exchange, is downsizing its crypto fund to $200 million.
July 28, 2023Nansen Downsizes With a 30% Staff Cut
This Tuesday, the CEO of Nansen announced his company is seeking to downsize with a 30% workforce cut.
May 30, 2023Silvergate Slaughtered in Thursday Trading as Major Crypto Partners Jump Ship
Silvergate’s shares were down 57.69% on Thursday after the company’s major crypto partners decided to take their business elsewhere.
March 02, 2023Visa and Mastercard to Halt New Crypto Partnerships: Reuters
Visa and Mastercard are reportedly pausing their crypto push due to persisting market rout.
February 28, 2023Coinbase Reports $629 Revenue in Better-Than-Expected Q4 Report
While Coinbase’s earnings report managed to beat expectations, it is still very representative of the damage the “crypto winter” caused to the industry.
February 21, 2023