Web3 funding is down again as the crypto winter drags on

Crypto pretty much seems to have lost its allure as far as venture capitalists are concerned. According to new data from Crunchbase, investments into web3 startups declined in the third quarter compared to the second quarter, marking the seventh straight quarter of declines for the sector since crypto venture fundraising peaked in Q4 2021.

SEC continues to delay decisions on crypto ETFs: Law Decoded

When it comes to spot Ether ( ETH) ETFs from VanEck and ARK 21Shares, the SEC delayed making decisions until Dec. 25 and Jan. 10, respectively, while GlobalX will have to wait until Nov. 21 for the commission’s decision. It also delayed deciding on the spot Bitcoin ETF applications of Invesco, Bitwise and Valkyrie until ...