Smart contracts continue to rise amid market downturn: BNB Chain Q2 report
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Although some
Meanwhile, regulatory scrutiny is expected to rise along with developments within the space. According to the report, compliance will be key for developers and organizations. The report recommended that companies stay updated with regulatory changes and ensure compliance.
As crypto market prices remained low, venture capital funding also recorded one of its worst quarters. On July 6, data showed that Q2 of 2023 recorded one of the lowest quarters in terms of crypto fundraising. Despite this, executives working in the crypto industry have largely remained optimistic about the crypto space’s long-term prospects.
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