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The Never-Ending Money Pit of Doom Reaches New Heights as Crypto VC Funding Soars Past the Point of Sanity

An illustration of a money pit with an endless staircase leading up to it, surrounded by flames and smoke, as if burning out of control. A blockchain chain is wrapped around the edge of the pit, while various cryptocurrency logos are scattered throughout the scene, some sinking into the depths below.

title goes here – ‘Crypto VC Funding Surges: Because What Could Possibly Go Wrong?’.

Source: cointelegraph

Crypto venture capitalist (VC) funding had a resurgence in August despite the summer illiquidity in the wider crypto markets. Crypto VC funding rose to $633 million in August, up over 15% from $550 million in July, according to DefiLlama data. Blockchain investments by month. Source: DefiLlama Most of the VC interest was captured by blockchain infrastructure development firms, according to Luca Prosperi, the CEO and co-founder of on and offchain […]

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