Crypto startup funding falls to lowest level in 2 years: Report

Venture capital investment in crypto startups plunged to its lowest level in almost two years during Q4 2022, data from PitchBook showed. VC firms invested $2.3 billion in crypto startups during the quarter, a 75% drop from the same period the previous year. Overall, record $26.7 billion was invested in blockchain startups in 2022, most of which came in Q1.