Polygon’s head of investments remains ‘highly bullish on web3’

Polygon launched a $100 million ecosystem fund and an “uncapped” fund to help projects built on the now-defunct Terra ecosystem migrate to its blockchain.

Social investment platform eToro to acquire fintech startup Gatsby for $50M

Multi-asset social investment network and Robinhood competitor eToro has signed a definitive agreement to acquire Gatsby — a fintech startup which also aimed to go head to head against Robinhood — for $50 million in a cash and common stock deal. Israel-based eToro told TechCrunch this week that it just received approval from FINRA, the […]

CoinFund launches $300M web3 fund to invest in early stage crypto

As capital continues to deploy the crypto economy, another big fund is entering the space. Seven-year-old CoinFund is launching a $300 million early-stage web3 venture fund, CoinFund Ventures I, which is backed by institutional investors, family offices and crypto-native founders. “We started in 2015 and have invested in more than 100 portfolio companies since then,” […]

Phantom’s Brandon Millman opens his wallet on web3 growth and risk at TC Sessions: Crypto

VC firms love growth, and despite predictions of winter settling in across the cryptoverse, the global crypto wallet forecast is anything but chill. Estimates expect that the crypto wallet market will grow by $686.05 million between 2022 and 2026. Phantom, one of the top Solana-focused wallet apps, recently joined the unicorn club — thanks to […]

Crypto scams have declined, but hackers remain resilient in bearish markets

When it comes to crime, illicit activity is still abundant regardless of crypto volatility, according to a new Chainalysis report.