Saipriya pradhan

Senate Democrat Says He’s Looking Into Trump’s Crypto Businesses

The leading Senate Democrat on a panel tasked with investigating corruption and mismanagement is scrutinizing U.S. President Donald Trump’s recent crypto activities and whether they’re part of a “pay-to-play scheme to provide access to the Presidency to the highest bidder.” Richard Blumenthal, the ranking Democrat on the Senate Permanent Subcommittee on Investigations — a panel…

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Crypto VC funds struggle to capture money as startup fundraising rebounds in 2025

Crypto venture capital (VC) firms are experiencing operational strain and consolidation, even as project-level fundraising gains momentum.  In the first quarter, crypto startups raised $5.85 billion, already accounting for nearly 61% of the capital raised throughout 2024, according to DefiLlama.  Varys Capital head of venture Tom Dunleavy shared that, despite this influx, fewer active funds…

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