/ Crypto winter


Sequoia Capital Cuts Cryptocurrency Fund from $585M to $200M, Will Focus on Startups
/ Crypto, Metaverse

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, 2023
Nansen Downsizes With a 30% Staff Cut

Nansen 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, 2023
Silvergate Slaughtered in Thursday Trading as Major Crypto Partners Jump Ship

Silvergate 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, 2023
Visa and Mastercard to Halt New Crypto Partnerships: Reuters

Visa and Mastercard to Halt New Crypto Partnerships: Reuters

Visa and Mastercard are reportedly pausing their crypto push due to persisting market rout.

February 28, 2023
Coinbase Reports $629 Revenue in Better-Than-Expected Q4 Report

Coinbase 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

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