Blockchain capital dries up as big FinTech deals decline

Cash is drying up for bitcoin and blockchain startups amid a broader decline in FinTech funding, according to new research from KPMG and CB Insights. The report, published today, shows that for the third straight quarter, VC investment in startups using distributed ledgers declined. While enthusiasm for the technology remains, the report said that companies shouldn’t expect additional funds until countless proofs-of-concept emerge on the market. Read more: