Venture capitalists are continuing to pull back from crypto, an industry that’s been plagued by scandals, a market downturn and * regulatory uncertainty*. Private funding for crypto startups in the first quarter of this year plunged to its lowest level since 2020, according to data from research firm PitchBook.
Crypto VC Funding Plunges by 80% in Dire Quarter for Startups https://www.bloomberg.com/news/articles/2023-04-12/crypto-vc-funding-plunges-by-80-in-dire-quarter-for-startups
