NFTs
Crypto Crashes Rattle Venture Capitalists After $19 Billion Haul
Bitcoin plunged anew last week to erase nearly 50% from October’s record high, before rebounding.
Photographer: Camilo Freedman/BloombergCrypto venture capital funds are confronting an identity crisis.
Plummeting digital-asset prices and a wave of market consolidations are exposing the fragility of an industry that boomed on speculation but has struggled to build sustainable, revenue-generating businesses.