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Crypto Investment Decline Amid Scandals
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VC investment in cryptocurrency declined in 2023 due to scandals and regulatory issues, with a significant drop in funding to $9.5 billion. High-profile fraud cases and NFT sales plummeted. However, Tres Finance secured $11 million in Series A funding, and the approval of bitcoin ETFs and anticipated IPO of Circle Internet Financial offer hope for the industry.
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How can the cryptocurrency industry address the challenges posed by scandals and regulatory issues to regain investor confidence?
What measures can be taken to enhance transparency and governance in the cryptocurrency industry to mitigate the impact of fraud and money laundering?
What strategies can Tres Finance employ to capitalize on the optimism surrounding bitcoin ETFs and the anticipated IPO of Circle Internet Financial?
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