💸Web3 VCs Pile In On Bitcoin Mining Ventures

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VC crypto funding spiked to $1.75B in November, a $1B increase compared to October. More than 50% was allocated to emerging Bitcoin mining firms.

In other news, Starknet ignites airdrop speculation, United Nations taps Algorand for web3 education, Rari announces Layer 3, long-term BTC bulls keep accumulating, and Kyber's hacker demands control over project.

Plus, Aragon is continuing to ship products despite tokenholders plotting legal action against the Aragon Association.

✍️ In today’s newsletter:

Bitcoin miners spike VC funding
Starknet airdrop speculation
Algorand to educate UN on web3
Rari's L3 network
BTC holders hold strong
Kyber hacker plots coup
Aragon launches on Arbitrum

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Check out our recent interviews with Ethereum's chief scientist, Vitalik Buterin, and MakerDAO's co-founder, Rune Christensen, from the Devconnect conference in Istanbul. And watch our podcast with David Gogel of the dYdX Foundation to find out why his team migrated from an Ethereum Layer 2 to a Cosmos appchain.

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