Crypto funding drying up – Bloomberg ...News

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Crypto funding drying up – Bloomberg
Global venture capital investment in the sector has hit its lowest level since 2020 Private funding in crypto startups has fallen dramatically this year as the industry reels from scandals, bank implosions and regulatory uncertainty, Bloomberg reported on Wednesday, citing data from research company PitchBook.    Global venture capital (VC) funding for crypto startups totaled $2.4 billion in the first quarter of 2023, its lowest level since 2020, according to PitchBook. The figures represent an 80% slump in private VC investment compared to an all-time high of $12.3 billion recorded in the same period last year, d

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