BlockBeats news, on August 14, former Ark Invest crypto head and current Placeholder VC partner Chris Burniske predicted the peak prices of mainstream cryptocurrencies in October as follows: Bitcoin: $142,690; Ethereum: $6,900-8,000; SOL: $420. Chris Burniske also pointed out that the crazier the prices in August, September, and October, the more convinced he is that October will see a peak. If the market can quickly pull back significantly and remain sluggish, perhaps this bull run can last even longer.

BlockBeats news, on July 31, the encryption data company TACEO completed a $5.5 million seed round financing, led by Archetype VC, with participation from a16z CSX, Cyber.Fund, acapital, and Polymorphic Capital. This funding will accelerate TACEO's launch of its innovative data infrastructure product "Private Shared.

Odaily News Japan's Financial Institution SBI allows users to exchange credit card points for BTC, ETH, and XRP, meaning that Japanese credit card users can now convert loyalty points into Crypto Assets through SBI VC Trade and APLUS. It is reported that 2,100 points can be exchanged for Crypto Assets worth more than 2,000 yen. (CoinDesk)

Gate News bot message, Zypher Network announced the completion of $7 million in financing, led jointly by UOB Venture and Signum Capital, with participation from Hong Leong Group (, Cogitent Ventures, Catcher VC, Hydrogenesis Labs, DWF Venture, and others.

Encryption analyst @ahboyash stated that by mid-2025, 56 venture-backed tokens will have been listed. Most of them are valued between 50 million and 1 billion, and some token trading prices have fallen below the valuation of the previous round of financing, which may result in losses for investors.

Odaily News Draper VC founder Tim Draper stated in a recent interview that Bitcoin may replace the US dollar within 10 years. (Bitcoin News) Tim Draper previously believed that Bitcoin could reach $250,000 by 2025, and the main factors driving the development of Bitcoin are: general market optimism following Trump's trade agreement, the anticipated regulatory framework soon to be introduced, and the continuous development of Web3 applications built on the Bitcoin blockchain.

Gate news, the global venture capital community is embracing the digital asset space with unprecedented optimism. Several top venture capital partners have revealed to the media that, driven by the strong influx of Wall Street capital, **the total investment in digital asset startups is expected to soar to between $20 billion and $25 billion by 2025**.

Gate News bot news, DeFi protocol Veda announced a financing of 18 million USD to accelerate the adoption of its vault platform. The platform enables asset issuers to build cross-chain yield products, including yield-generating stablecoins. The company disclosed on Monday that this round of financing was led by CoinFund, with participation from institutions such as Animoca Ventures, BitGo, Mantle EcoFund, GSR, Relayer Capital, PEER VC, Draper Dragon, Credit Neutral, Neartcore, and Maelstrom.

Gate News bot message, TAC has completed $11.5 million in seed and strategic round financing, with $5 million of the strategic round led by Hack VC. TAC is a blockchain built specifically for EVM dApps, designed to connect to the TON and Telegram ecosystem. The TAC Mainnet is set to launch soon and is currently being rolled out in phases. In the current DevMainnet phase, major DeFi protocols such as Curve, Morpho, and Euler have begun deployment, with over 20 major applications preparing for Mainnet integration. TAC enables Ethereum dApps to be seamlessly deployed on TON. The functionality and liquidity of EVM bring the TON ecosystem, allowing developers to focus on consumer use cases.

Gate News bot message, SBI Holdings and SBI Shinsei Bank have jointly invested a total of $50 million in USDC stablecoin issuer Circle, with each party contributing $25 million. SBI has previously reached a comprehensive business cooperation agreement with Circle and established a joint venture, Circle SBI Japan. At the same time, SBI VC Trade has become the first official platform in Japan to offer USDC trading. SBI stated that it will continue to deepen its cooperative relationship with Circle to promote the application of USDC in the Japanese financial system.

Gate News bot message: According to data from DefiLlama, this week has been relatively calm, with venture capitalists and other investors investing $3 million in crypto asset startups, bringing the total funding to over $7.7 billion in 2025 so far. As in previous weeks, investors are focusing on infrastructure projects aimed at expanding Ethereum, quantitative trading, and enhancing Bitcoin functionality.

A new study jointly conducted by Chainplay and Strorible shows that nearly half (45%) of venture (VC)-backed cryptocurrency projects have ceased operations, and 77% of these projects have less than $1,000 in monthly revenue. The study, which looked at 1,181 projects that received financing between January 1, 2023 and December 31, 2024, also found that venture capital firm Polychain Capital had the highest failure rate of investments, with 44% of its projects having died.

Gate News bot message, recently, the crypto assets venture capital community has been discussing the current market conditions. Several VC investors pointed out that the industry faces multiple challenges, including excessively long lock-up position restrictions, lack of a comprehensive legal governance framework, and oversupply of assets in the primary market. Participants emphasized that VC should focus on supporting resilient founders who can continue operating during market downturns. They noted that the market is gradually becoming more rational, and investors are no longer blindly chasing projects lacking fundamentals. However, in the absence of a完善 regulatory system, exchanges raise project valuations through liquidity operations and obtain intermediate profits, causing VC and retail investors to bear losses. Source: WeChat Official Account

The AI intent recognition project Brian, launched at the 2023 ETHPrague Hackathon, has announced its termination due to loss of market advantage and financing issues, criticizing VC for overly focusing on TGE and hype while neglecting actual progress. The team had planned to launch a Web3-specific model and Token, but industry speculation and cost issues led to the project's failure.

BlockBeats news, on May 26, AI trading builder Brian announced in a post that the Brian application is no longer open to users. The Brian API will continue to be available to developers for the next three months, and developers can request access. Brian started at the ETHPrague hackathon in June 2023, aiming to develop a trading builder that allows users to convert text prompts into on-chain trades. The response from sponsors was very enthusiastic, and the project won five first prizes from The Graph, Gnosis, AAVE, Gateway, and Taiko. In the months following the hackathon, Brian went through three stages: closed testing in November 2023, public testing in February 2024, and July 2024.

Hyperdrive completed a $6 million Series A funding round, led by Hack VC and Arrington Capital. The project is built on the Hyperliquid Blockchain and aims to create a decentralized stablecoin market. Other participating institutions include Delphi Digital, SIG DTI, Proof, and others.

Hyperdrive completed a $6 million Series A financing round, led by Hack VC and Arrington Capital. The project is based on the Hyperliquid Blockchain and builds a decentralized stablecoin market. Other participating institutions include Delphi Digital, SIG DTI, Proof, and others.

Hyperdrive completed a $6 million Series A funding round, aiming to build a stablecoin funding market on the Hyperliquid Blockchain, providing features such as stablecoin lending and borrowing, and liquid staking of $HYPE. Hack VC and Arrington Capital led the investment, with follow-on funding from Delphi Ventures, Proof Group, and others. The project's goal is to become a hub for the stablecoin market and yield.

Odaily News 1confirmation founder Nick Tomaino stated on the X platform that the rise of Ethereum means the "death of crypto VC," and that 99% of crypto VCs will soon disappear. The only way for long-term development is to be in the right place at the right time, to obtain institutional capital, to lack vision or creativity, and to stay aligned with users.

PANews, May 11 news, Nick Tomaino, founder of 1confirmation, posted on the X platform stating that the rise of Ethereum means the "death of crypto VCs," and that 99% of crypto VCs will soon vanish. The only way for long-term development is to be in the right place at the right time, to secure institutional capital, to lack vision or creativity, and to stay aligned with users.

The RootData Analyst Competition Season 1 has been launched, with themes including undervalued BN Launchpool projects, airdrop potential of unlisted financing projects, and recognized encryption VC. The competition runs from May 10 to May 23, with a total prize pool of 3000 USDT. The evaluation will consider logic, data application, and analysis perspectives. Outstanding works have the opportunity to be shared and showcased on RootData.

ChainCatcher news, the RootData Analyst Competition Season 1 has now opened. Participants can choose one of three themes to analyze, which include "The Most Underrated BN Launchpool Projects in the Past 12 Months", "The Most Airdrop Potential Unlaunched Financing Projects in the Next Two Quarters", and "The Most Recognized Encryption VC in the Past Two Years and the Reasons", with analysis covering fundamentals, teams, funding, and more. The submission period for this competition is from May 10th 14:00 to May 23rd 14:00 (UTC), with a total prize pool of 3000 USDT, and there are first, second, and third prizes. Among them, there are 2 first prizes, each of which will receive 500 USDT. The evaluation will be based on logical insight (40%), RootData data application (30%), and multi-angle analysis.

According to Gate.io News bot and a report by Fortune, the cryptocurrency company Dinari recently completed a $12.7 million Series A funding round. This round of financing was co-led by Hack VC and Blockchange Ventures, with participation from VanEck Ventures, F-Prime, and Avalanche Fund. After this round of financing, Dinari's total financing amount reached 22.65 million USD. The company mainly provides blockchain technology-based US company stock purchasing services for non-US investors.

The blockchain financial company Dinari has completed a $12.7 million Series A financing round, led by Hack VC and Blockchange Ventures, with participation from VanEck Ventures, F-Prime, and Avalanche Fund. The company's total financing has reached $22.65 million, with a valuation of $40.15 million in 2024. Although the latest valuation has not been disclosed, it has already achieved profitability.

The privacy blockchain project Miden was founded by former Meta engineers and completed a $25 million seed round of financing on April 29, led by Andreessen Horowitz, Hack VC, and 1kx. Investors include Finality Capital Partners, Symbolic Capital, and others. Miden is dedicated to achieving transaction privacy through zk-SNARKs while focusing on blockchain performance and decentralization. Polygon Labs will receive a 10% share but did not invest directly.

Gate.io News bot message, "Fortune" reported that the crypto startup Theo has completed a $20 million financing. This financing was conducted in two rounds: In March 2024, the quantitative investment firm Manifold Trading led a $4.5 million seed round; subsequently, the crypto asset investment firms Hack VC and Anthos Capital led a $15.5 million round. Theo was co-founded by former Optiver and IMC Trading employees Abhi Pingle and his brother Arijit Pingle, along with TK Kwon. The company is dedicated to developing high-frequency trading (HFT) strategies for ordinary investors.

L1 Blockchain developer Pharos Network has launched its first public testnet, providing a testing environment for developers aimed at supporting smart contracts development, performance testing, and stress testing. Future plans include improving tool resources, expanding service support, and more. Previously completed a $8 million seed round funding.

According to @kylechasse, SBI VC Trade, a crypto exchange owned by Japanese financial giant SBI Group, acquired 4,000 BTC worth $330 million.

According to @kylechasse, SBI VC Trade, a crypto exchange owned by Japanese financial giant SBI Group, acquired 4,000 BTC worth $330 million.

According to Golden Finance, the founder of Enigmafund VC said in X that BlackRock still holds more than 571,514 BTC (about $48,007,176,000). In the last 7 days, they have sold around 1,621 BTC (currently worth $136,164,000-$145,890,000).

Placeholder VC partner points out that Trump's strategic reserve proposal may be a negotiating tactic that needs to persuade Congress to pass. Trump can start with this and then make concessions, similar to his previous absurd claims. This move implies that if Congress does not agree to BTC reserves, more outrageous conditions will be proposed.

BlockBeats news, on February 23, according to official sources, ResearchHub has received a $2 million investment from Boost VC. It is reported that BoostVC is deepening its commitment to accelerating scientific research at ResearchHub. This funding will further strengthen ResearchHub's efforts to make research more open, transparent, and collaborative.

Zak Folkman, co-founder of World Liberty Financial, said at Consensus Hong Kong 2025 that the amount raised in the public sale is not the key to the sale of WLFIToken, but rather the establishment of a connection with the community. The project has not received support from VCs since its inception, and retail investors initially had concerns about valuation and fundraising goals, but several milestones have been achieved. WLFIToken is not only a governance token but also has practical applications. It is not yet open for trading, so the community should be cautious about unofficial information.

According to PitchBook's report, the financing amount in the Crypto Assets field will rise by 13.6% to reach $2.5 billion by the fourth quarter of 2024. Investors mainly invest in early-stage startups, with the median valuation doubling to $52 million compared to the previous year, while late-stage companies only receive 5% of the total financing rounds. Stablecoins and artificial intelligence are expected to be highly followed by VC this year.

Alon Cohen, co-founder of pump.fun, said that the value propositions of most tech-focused AltCoins and memes are the same, but they have low Circulating Supply, high FDV, involve VC institutions, and VC institutions typically use retail investors as an exit liquidity. He responded to a tweet, suggesting that the memes on the pump.fun platform have disrupted the price cycles in the AltCoin market. Cohen said that pump.fun has existed since before April 2024, and predicted that the collapse of the AltCoin market in April 2024 was because retail investors suffered heavy losses. This discussion highlights the contradiction between utility-focused AltCoin investors and pure speculative traders.

The cryptocurrency industry does not need any project to raise more than $10 million. VC's massive funding for projects like Berachian, Monad, Abstract, Movement is simply because they need to spend this money. In fact, VC is providing these newly established companies with more than 5 years of operating capital, and these projects can also obtain additional funding during token issuance. Tom finally urged not to have more than $10 million in financing and no more than $100 million in valuation.

encryption researcher @hmalviya9 analyzed the valuation of the Berachain project, and according to Berachain, approximately 34.3% of the supply allocated to VC raised a valuation of 142 million USD. It is speculated that the average get on board price for VC is about 0.82 USD, and the predicted Bull Market price for BERA will be between 10-15 USD, while the Bear Market price will be between 5-10 USD.

Golden Finance reported that according to @hmalviya9's monitoring, the return benchmark of venture capital funds in the current cryptocurrency market cycle is only 6 times, compared to 563 in the previous cycle.