FTX owes at least $8 billion to hundreds of thousands of individual traders and institutional clients

FTX CEO Sam Bankman-Fried’s repeated attempts to come up with last-minute emergency financing to save his flailing business have run into a brick wall

Priority is taking care of customers as the falling exchange is in talks with players to gain liquidity

Bear market DeFi-builders are still receiving a fairly steady stream of funding, mostly from crypto-native investors

Venture capital firms invested $5.5 billion into crypto startups this quarter, according to the latest Galaxy Digital report

Venture capitalists have together raised $121 billion this year, but only $32 billion has been deployed so far

The explosive growth of Blockchain.com has reportedly been tempered by the bear market, with far lower valuations on the horizon

Venture funding in the crypto space has been on the decline this year compared to 2021, according to a second quarter 2022 report

Crypto valuation models require a high degree of understanding, because crypto assets exist along a spectrum of functionality

Venture funding is picking up again after the market downturn

Modular blockchains, as opposed to monolithic blockchains, are, in theory, highly scalable because of their segmented nature

Blockworks exclusive: Arca leads $1.6 million investment in the “Bloomberg Terminal for NFTs”

Grant committees tend to favor network-building projects over technical ones, industry participants say

Aptos, which some call a ‘Solana Killer,’ is not living up to the hype so far

The latest raise brings the protocol’s total funding this year to $24 million

The latest raise is one of the largest-ever funding rounds for a DeFi protocol

Blockworks Exclusive: Somani’s new project, Eclipse, is designed to be deployed on multiple chains in case a Terra-like event happens again

The crypto custody firm had originally sought a Series C raise at a $3 billion valuation before the market downturn, according to Bloomberg

The region, now a hub for crypto companies, is “a market of significant strategic importance,” exec says

Morgan Creek Digital, Take-Two Interactive Software, Polygon, Ubisoft, Xsolla and others also participated in the round

NYDIG saw a “flight to quality” from institutional types last quarter, doubling its bitcoin balances year-on-year while shopping its new fund

Institutional investors put to work more than $100 million in digital asset startups last week, bucking the bear market trend

Blockworks exclusive: Palihapitiya appears wary of the lingering bear market for digital assets, according to two sources familiar with the matter

If the fundraise is successful, Uniswap will be valued at $1 billion

Re, a DeFi reinsurance protocol, offers accredited investors exposure to the massive, uncorrelated asset class of insurance premiums