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Crypto Winter Led to 91% Plunge in VC and Other Investments for January
A CoinDesk analysis shows crypto startups only raised $548 million last month. The FTX failure’s full impact on industry fundraising likely remains to be seen.

Crypto Issuance Startup Tokensoft Brings Its Token Launchpad On-Chain
Tokensoft version 2 will allow for greater abstraction in how teams structure their token distributions.

Crypto Services Company Prime Trust Lays Off One-Third of Staff
The cost-cutting measure comes after a rocky start to 2023 for the Las Vegas-based company.

WazirX Says Binance Lied About Ownership as Dispute About India’s Largest Exchange Escalates
The back-and-forth about the ownership of WazirX could have a devastating effect on the Indian exchange and its users.

How a Crypto Quant Firm Shook Off the Bear Market – and FTX Exposure
Pythagoras Investment's two funds finished the turbulent year up 8%.

Web3 Social Wallet Tribes Launches With $3.3M in Funding
The crypto app startup was founded by a former Coinbase engineer.

Crypto Exchange BitMart to Join Custodian Copper’s ClearLoop Network
Institutional clients will be able to trade on the BitMart exchange while their digital assets remain safeguarded in Copper’s custody.

Circle Ventures Backs $4M Round for Blockchain-Based Debt Provider Obligate
The startup, formerly known as FQX, lets companies raise money through debt securities.

Crypto Conglomerate DCG Suspends Dividends Amid Distress at Genesis Unit
"In response to the current market environment, DCG has been focused on strengthening our balance sheet by reducing operating expenses and preserving liquidity," it told shareholders in a letter Tuesday.

Crypto White Hat Platform Immunefi Banned 15 ChatGPT-Generated Bug Reports. Here's Why
Bug reports are “really an art,” an Immunefi developer told CoinDesk.
