crypto ecosystem
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Crypto funding drops for fifth straight quarter as investors continue to pull back
Capital flowing into the industry dropped for the fifth consecutive quarter since Q1 2022 to $2.34 billion globally.
52% of companies surveyed say they’re holding off on major crypto investments until regulation is established, according to a Coinbase and The Block report.
A day after the SEC filed 13 charges against Binance and CEO Changpeng Zhao, as well as BAM Trading and BAM Management, it has requested a temporary restraining order to…
Welcome back to Chain Reaction, a podcast that unpacks and dives deep into the latest trends, drama and news with some of the biggest names…
Wolf’s demo day was a refreshing change of pace given that a fair amount of the startups were looking to solve real-world problems that exist today.
This deep into the crypto winter big venture fund debuts are few and far between, a far cry compared to previous years. But the freeze is not stopping some venture…
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Your first look at Alliance DAO’s latest cohort of web3 startups
The crypto industry continues to face myriad headwinds, but there’s no shortage of startups and founders diving into the space. Alliance DAO, a web3 accelerator and builder community, had its most recent cohort, also known as ALL10, present their ideas on Wednesday during a demo day, exclusively covered by TechCrunch.…
LayerZero Labs, the team behind cross-chain messaging protocol LayerZero, has partnered with bug bounty and security services platform Immunefi to launch a $15 million bug bounty for its protocol, Bryan…
Growing concerns in the U.S. crypto industry around regulation is making overseas opportunities look more appealing.
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Brett Harrison ‘never lost faith in the business’ while at now-shuttered FTX
At Consensus 2023, Anthony Scaramucci and Brett Harrison shared their experiences during FTX’s downfall and what life has been like since.
The NFT market may be down from its 2021 peak, but founders, builders and collectors alike are still flooding into the space. And many are looking for fresh capital. Despite…
Welcome back to Chain Reaction, a podcast that interviews newsmakers in crypto to better understand the tech behind the hype and the people working to…
OP3N, a web3 AI-powered platform, raised a $28 million Series A round that values the company at $100 million, the startup shared exclusively with TechCrunch. “I wanted to make a…
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Web3 gaming will onboard up to 100M gamers in next 2 years, Polygon and Immutable presidents predict
The web3 gaming space is set to explode over the next few years, Robbie Ferguson of Immutable and Ryan Wyatt of Polygon Labs predict.
Web3 gaming firm Immutable and layer-2 blockchain Polygon partnered to accelerate development and adoption in the crypto gaming space.
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SVB’s mess could become stablecoins’ problem
After USDC depegged from $1 last week, many are questioning whether SVB’s collapse has bigger implications on the stablecoin ecosystem
Uncertainty stands around multibillion USDC empire as issuer Circle held reserves at Silicon Valley Bank
Update: After publication and our first update to include Circle’s initial statement regarding USDC’s reserves, the company announced that “3.3 billion of the ~$40 billion of USDC reserves remain at…
Crypto bank Silvergate bit the dust this week, leading some analysts to forecast bigger problems for the overall ecosystem.
Thousand Faces, a web3 community-based investment group, hosted its demo day on Wednesday with the top 10 startups from its Female Founder Accelerator program.
Coinbase, the second largest crypto exchange by trading volume, has launched a new product to help onboard developers into web3, the company shared with TechCrunch on Wednesday. It should be…
The Ethereum layer-2 space is continuing to see strong demand as one of its largest scaling solutions, Arbitrum, is seeing renewed growth
Alchemy, a web3 development platform, is releasing a new tool to help developers create web3 applications faster, the company exclusively told TechCrunch. The tool, “create-web3-dapp,” will help builders start their…
Coinbase, the second-largest crypto exchange by trading volume, is diving into the blockchain world in a move that some are excited about.
Customizable rollup provider Eclipse is launching a Solana-focused scaling solution, which allows applications to be compatible with Polygon, the companies exclusively told TechCrunch. Rollups, a part of the layer-2 blockchain ecosystem,…
Coinbase, the second largest crypto exchange by trading volume, has launched Base, an Ethereum-focused layer-2 (L2) blockchain, Jesse Pollak, lead for Base and head of protocols at Coinbase, told TechCrunch.…
Google Cloud has partnered with the Tezos Foundation to grow its web3 application development and provide new services for its customers, the companies announced on Wednesday. “Tezos as an ecosystem…
Coinbase, the second-largest crypto exchange by trading volume, released its Q4 2022 earnings on Tuesday, giving shareholders and market players alike an updated look into its financials. In response to…
Kaito, an AI-powered search engine for crypto, raised $5.3 million in a seed round led by Dragonfly Capital, the company exclusively shared with TechCrunch. “There’s constantly people fighting against information…
Amid signs of life in the NFT market, an NFT-focused startup, Thred, launched today to help users discover new collections, the company exclusively told TechCrunch. “We think of it like…
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SEC’s proposal could affect which crypto companies can manage assets
The SEC proposed a new rule that may back crypto companies further into a corner as regulators continue to crack down on the space.
