Breaking: A Crypto Media Crisis is Upon Us

The author, who runs the crypto media company The Defiant, argues that crypto media is in a full-blown crisis and that the cause is structural, not just a bear market. Crypto venture funding fell to about $4 billion in Q1 2026, down 50% from the prior quarter, according to Galaxy Research, while AI startups captured roughly 80% of global venture funding in that quarter, per Crunchbase. The piece also points to companies building in-house newsrooms and funding influencers, and to a Gallup figure showing only 28% of Americans trust the media to report fully, accurately and fairly.