Cryptocurrency Industry Funding Hits an All Time Low

Cryptocurrency Industry Funding Hits an All Time Low

Cryptocurrency industry has seen a reduction in funding in the recent days. Bitcoin and Blockchain technology based startups may soon find their fundraising avenues drying up. A recent analysis into the cryptocurrency and blockchain industry has shown a significant dip in the inflow of investments. The analysis conducted by CB Insights has shown a 16% shortfall in the capital flow into the cryptocurrency industry for the first time since 2012. According to the report, the amount of seed funding received by cryptocurrency based startups has reduced by 60%. The huge fall in seed funding is....


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