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State of Crypto VC Funding in 2023 in Wake of FTX Fallout

Kavita Gupta, Delta Blockchain Fund founder and GP, reacts to a recent report from Galaxy Digital, which notes that in the first quarter of 2023, venture capitalists invested $2.4 billion into crypto-focused startups and protocols, the lowest level in roughly two years. Gupta said, "after the big bubble..crypto VCs are being much smarter about where the money is going." Plus, Gupta explains why she thinks "it's a very smart time to invest."

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Revolut Brazil CEO on State of Crypto Regulation in Latin America

"Brazil is a highlight in terms of how evolved it is in terms of regulation," Revolut Brazil CEO Glauber Mota said. Mota also discusses how the digital bank is opening its business in Brazil and the local regulatory environment in the country.

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21.co CEO Reacts to Binance Resuming Bitcoin Withdrawals

Binance briefly paused bitcoin withdrawals for around two hours Sunday afternoon U.S. time as the number of unconfirmed transactions hit a record high. Its second pause, taking place Sunday evening U.S. time, was also for just over two hours. "What's going on right now in Bitcoin is quite unprecedented," 21.co co-founder and CEO Hany Rashwan says, reacting to this development.

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Ripple's Fight Against SEC Could Cost the Firm $200M, CEO Garlinghouse Says: Report

Blockchain company Ripple's legal battle with the U.S. Securities and Exchange Commission (SEC) is set to cost the firm around $200 million, Cointelegraph reported Monday, citing Ripple CEO Brad Garlinghouse. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De weighs in.

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Bitcoin Drops After Binance Pauses Withdrawals Twice

Bitcoin (BTC) has slipped below $28,000 as traders react to crypto exchange Binance pausing withdrawals twice over the weekend. Binance has since resumed bitcoin (BTC) withdrawals. Those latest market updates and other news shaping the cryptocurrency world are in this episode of "The Daily Forkast."

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Binance Resumes Bitcoin Withdrawals After Second Pause in 12 Hours

Crypto exchange Binance has resumed bitcoin (BTC) withdrawals after a second pause over the weekend, as the Bitcoin network suffers from unprecedented congestion. 21.co co-founder and CEO Hany Rashwan discusses the potential impact on the crypto markets. Plus, Rashwan's outlook for memecoins as Pepecoin (PEPE) holders may be taking profits on their positions.

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DOJ Investigating Binance for Russia-Related Sanctions Violations: Bloomberg

Bloomberg reports that the U.S. Department of Justice's national security division is conducting an inquiry into whether Binance allowed Russian customers to access the exchange in violation of U.S. sanctions related to Russia's invasion of Ukraine. Spokespeople for Binance and the Justice Department did not immediately return CoinDesk's requests for comment. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De shares the latest developments.

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VCs Invested $2.4B Into Crypto Startups in Q1 2023: Galaxy Digital

A recent Galaxy Digital report reveals that venture capitalists invested roughly $2.4 billion into crypto-focused startups and protocols in the first quarter of this year. The report notes that this is the lowest level in over two years. Kavita Gupta, Delta Blockchain Fund founder and GP, joins "First Mover" to discuss the state of VC investments and how global crypto regulations are impacting the industry overall.

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Digital Bank Revolut Is Launching Crypto Investments in Brazil

Digital bank Revolut, which already offers crypto investments across Europe, is now open for business in Brazil. Revolut Brazil CEO Glauber Mota discusses the company's expansion into Latin America and shares his outlook on the adoption of digital assets in Brazil.

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Solana Labs CEO: Wasn't Sure the Ecosystem Would Survive After FTX

Former FTX CEO Sam Bankman-Fried was a big supporter of Solana, previously investing in its native token SOL. Solana Labs CEO and co-founder Anatoly Yakovenko weighs in on FTX's "outsized" influence on the ecosystem and what its collapse meant for Solana.

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