Cointelegraph reached out to executives working in the crypto space to get their thoughts on the recent downward trend in VC funding.
Saqr Ereiqat, co-founder of Dubai-based venture-building firm Crypto Oasis, believes that despite the negatives brought about by the downturn, there are still positive takeaways from the current situation. Ereiqat explained:
Even though there are positive outlooks, the executive still expressed empathy toward projects that are struggling because of the lack of funding. “It’s disheartening to witness numerous companies facing the risk of extinction due to the scarcity of funding opportunities,” he said. Ereiqat also told Cointelegraph that this situation emphasizes the importance of strategic decision-making for projects.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Discover the energy oasis that can transform your life!If power cuts and shortages are frequent at your place, here's a powerful machine that can fulfil all the energy needs of your power-hungry appliances.
Leer más »
Bitget launches crypto loans product despite 2022 troubles in the sectorCrypto trading platform Bitget is making a foray into the cryptocurrency loan sector by introducing its Crypto Loans product.
Leer más »
First Mover Americas: Cryptocurrency Trading Volumes Increase for First Time in Three MonthsCrypto trading volumes rose in June for the first time in three months amid optimism following the filing of spot bitcoin exchange-traded-fund (ETF) proposals by BlackRock and others. LedesmaLyllah and godbole17 report in First Mover Americas
Leer más »
Crypto Trading Banned for Banks in Denmark, Saxo Bank Down FirstBlow to the cryptotrading sphere in Denmark as regulator steps in. cryptocurrency
Leer más »
Israeli Lawmakers Support Axing Crypto Capital Gains Tax for ForeignersJUST IN: A bill to extend certain tax benefits already afforded to Israel's high-tech firms to the country's crypto sector passed a preliminary reading in the country's parliament on Wednesday. iamsandali reports
Leer más »
Gemini co-founder Cameron Winklevoss Demands $1.5B From Digital Currency Group | CoinMarketCapCameron Winklevoss, co-founder of the Gemini crypto exchange, has proposed a 'final offer' in debt-restructuring talks over the bankrupt crypto lender Genesis.
Leer más »