Top Web3 Headlines from This Week 04.14.2023
Here are the top web3 stories from this week.
Capital Raised
Two New Funds and More Startups Attract $$
💰 Bitkraft reported on their $220MM token fund for web3 gaming. Bitget announces their $100MM Crypto fund for Asia. Layer 1 blockchain Sei grabbed another $30MM in funding, and Layer 2 CryptoGPT got $10MM. Zero knowledge startup Polyhedra raised $15MM. Techstars Web3 Dublin announced the 12 startups in their new cohort. Gaming leader Razer launched a web3 incubator.
Crypto Report
A16Z Releases State of Crypto Report
📰 A16Z Crypto published their Q1 2023 State of Crypto Report this week. The mostly upbeat publication showed continued growth in blockchain developers and users after bottoming out last year. They cover big trends including Layer 2 and zero knowledge solutions that A16Z says will be key for market growth.
Market Challenges
More Hacks and a Fraud Charge
📉 South Korean Crypto exchange Gdac was the victim of a $13MM hack, and SushiSwap was hit for $3.3MM. JPM and Deutsche banker was charged with a Crypto fraud.
Content
Social Media Vet Discusses Decentralized Social
🎙️ Sriram Krishnan held roles at Facebook, Snapchat, and Twitter, and he now hosts a popular tech podcast and works with A16Z Crypto. He joined the Bankless Podcast for a far-reaching conversation on the future of social media in a web3 world.
Diversity in Tech
Stories of Diverse Founders, VCs, and Builders
💪🏽 Goldman Sachs provides an update on their One Million Black Women program. North Miami offers a diversity-focused tech bootcamp. Spotlight article on Yolanda Barton from RevereXR, who will soon be featured in our Diverse Web3 Builders series. Our venture studio non-profit W3 Studio is selling NFT membership passes here. Also, you can check out our list of pitch competitions, grant programs, and other founder resources here.
Follow me on LinkedIn for more frequent updates on web3.
*Thank you for reading this post. If you would like this directly to your Inbox twice a week, please subscribe. I would also really appreciate if you could share this post with someone who is interested in learning about Crypto and web3.*
