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Venture capitalists are still throwing hundreds of millions at blockchains

A look at the data shows that despite the crypto market’s long downturn, VCs are still betting big.
by Mike Orcutt

Was cryptocurrency a flash in the pan? Less than two years ago, Bitcoin’s skyrocketing price was making people crypto-millionaires overnight. Then coin prices crashed and never recovered. Projects have shuttered, jobs have been lost, and most of 2017’s feverish enthusiasm has worn off. Perhaps the technology isn’t all it was cracked up to be?

Read more on technologyreview.com.

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