Arnold is a Bitcoin enthusiast who has been active in the blockchain sector since 2016. He enjoys talking about blockchain and its implications for the future of humanity.
On the brighter side, DeFi will continue to expand and adapt, with DAO governance eventually becoming a major driver of activity.
New research expects a gloomy year for Bitcoin as DeFi and DAOs rise
Last week, A16z reportedly said it would raise $3.5 billion for its VC fund, as well as another $1 billion for Web3 seed investments.
Andreessen Horowitz aims to raise $4.5 billion to invest in crypto funds
MicroStrategy’s Michael Saylor has no intention of selling from his firm’s $5-billion Bitcoin chest despite a 40% drop in the value.
MicroStrategy CEO won’t sell $5B BTC stash despite crypto winter
Since its inception in 2018, the firm has received a total of $44 million from institutional investors in two funding rounds.
BlockFills raises $37 million to support global expansion
Approximately $33.8 million in crypto assets was stolen from Crypto.com following a security breach on Monday.
Crypto.com shares details on security breach: 483 accounts compromised
Crypto.com's loss in the latest security breach might have costed more than the reported $15 million.
Crypto.com breach may be worth up to $33M, suggests onchain analyst
The move is part of a broader effort by the Singaporean watchdog to regulate advertising cryptocurrency to the public.
Singapore crypto ATMs shut down after central bank crackdown