Web and Technology News
If the 2023 crypto venture landscape was an ice cold pot of water, the first quarter of 2024 is the part where the bubbles start to form right before water boils, Tom Schmidt, a partner at Dragonfly Capital, said to TechCrunch. And he’s not wrong: $2.5…
As AI proliferates and things on the internet are easier to manipulate, there’s a need more than ever to make sure data and brands are verifiable, said Scott Dykstra, CTO and co-founder of Space and Time, on TechCrunch’s Chain Reaction podcast. “Not to…
Welcome to TechCrunch Crypto, formerly known as Chain Reaction. This is the last edition of this newsletter. I want to personally thank each of you for reading this and if you would like to stay in touch, you can follow me on X here for future updates….
Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, was sentenced to 25 years in prison by Southern District of New York (SDNY) Judge Lewis Kaplan, about five months after he was found guilty on al…
As the crypto space heats back up, so has funding for new startups. 0G Labs, a web3 infrastructure firm,” has raised $35 million in a pre-seed round, the team exclusively told TechCrunch. If $35 million sounds like a lot for a pre-seed round, it really…
Many of the people building Web3 feel like the traditional web ecosystem has taken advantage of users and their data. While it benefits a number of businesses, data miners and even AI models, some see it as an overreach.
Some of the problems with the w…
Many of the people building Web3 feel like the traditional web ecosystem has taken advantage of users and their data. While it benefits a number of businesses, data miners and even AI models, some see it as an overreach.
Some of the problems with the w…
Welcome to TechCrunch Crypto. This week, Starbucks killed its Odyssey NFT program, Solana continued to see memecoin momentum and India faces more challenges with the crypto space.
© 2024 TechCrunch. All rights reserved. For personal use only.
Rails, a decentralized crypto exchange, has raised $6.2 million in attempts to fill the void FTX left behind after crashing in 2022, the startup’s co-founder and CEO Satraj Bambra exclusively told TechCrunch. It is currently in the early stages of laun…
Backpack’s founders, who are building a crypto exchange and wallet, have experienced strong growth since launching in 2022. But the road wasn’t easy. FTX co-led Backpack’s $20 million strategic investment round in September 2022. Less than two months l…
Two months ago, media giant Fox Corp. partnered with Polygon Labs, the team behind the Ethereum-focused layer-2 blockchain, to tackle deepfake distrust. Fox and Polygon launched Verify, a protocol that aims to protect their IP while letting consumers v…
Welcome to TechCrunch Crypto, formerly known as Chain Reaction — it was an eventful week in the crypto world.
© 2024 TechCrunch. All rights reserved. For personal use only.
Even though NFT sales volume is still down 88% from 2022 all time-highs (and down 38% year-to-date), Pallet Exchange is building a new type of NFT marketplace focused on user retention. And it’s doing it on a blockchain less known for NFT trading: Sei….
The token behind Solana, a layer-1 blockchain that’s competitive with the Ethereum blockchain, has been through the wringer after it plummeted from a high of about $260 in late 2021 to a low around $8 in early 2023. But like every good movie with…
Sei Labs, a startup co-founded by a former Robinhood engineer and a former VC from Coatue, has launched a new open sourced project that offers a novel, and exciting approach to make Ethereum faster and less expensive for developers. On Wednesday, Sei l…
The crypto scene continues to remain so hot that bitcoin is hitting one new high after another. It surpassed $72,700 on Monday. This was initially driven by the approval of spot bitcoin ETFs, but is now being pushed higher ahead of a “halving” event, w…
Zora, a NFT-based social network platform is continuing its expansion beyond the crypto-sphere into the hot artificial intelligence market, Dee Goens, the startups’ co-founder said on Chain Reaction. Not to be confused with Sora, the text-to-video tool…
Welcome back to TechCrunch Crypto. It was an eventful week: bitcoin’s price hit a new high, Spain’s data protection authority banned Worldcoin and Binance raised eyebrows after making perfume.
© 2024 TechCrunch. All rights reserved. For personal use on…
The NFT sector has not yet returned to the glory of its 2022 heydays but that hasn’t stopped the evolution of the tech.
For instance, OpenSea has partnered with the music and arts festival conglomerate Coachella to release three NFT collections that of…
It’s been a busy year so far for bitcoin, the largest cryptocurrency by market capitalization, and it’s only March. The digital currency hit a new all-time high for the first time since November 2021 when it passed $69,000 on Tuesday morning, as demand…
It’s becoming harder to discern which platforms and people have good intentions online, especially as automated content and anonymous profiles are on the rise. Some web2.0 companies like Uber, Amazon and Airbnb offer rating systems for businesses and i…
Welcome to TechCrunch Crypto, formerly known as Chain Reaction.
To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here.
Hello and welcome back to the TechCrunch Cr…
As the digital asset industry picks up steam again, some crypto funds are looking to hone in on specific sectors. Crypto fund Asymmetric Financial is creating its Bitcoin DeFi Venture Fund I to focus on investing in the blockchain’s nascent space with …
Starbucks launched Starbucks Odyssey in 2022 as its initial foray into the web3 world.
© 2024 TechCrunch. All rights reserved. For personal use only.
NFTs don’t always get taken very seriously, particularly now that AI and content creators are hogging the spotlight, but not everyone is so quick to discount crypto’s oft-derided younger sibling. According to Animoca Brands’ chairman and co-founder, Ya…