web3
Aptos CEO Mo Shaikh shares his journey to web3 and market opportunities in Asia and Middle East
TechCrunch sat down with Shaikh this week at the Korea Blockchain Week 2024 conference in Seoul to talk about Aptos’ expansion; its partnerships with major Asian web2 companies; and how…
Four months behind bars and a massive fine, that’s what CZ is getting from the government for his crypto exchange’s misdeeds. Regardless of how you view the verdict — too…
Kiki World, a beauty brand that uses web3 for customer co-creation and ownership, raises $7M from a16z
If you think that choosing a nail polish color or which ingredients go into your face cream can’t have anything to do with blockchain, think again. Kiki World, a beauty…
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Nine crypto VCs on why Q1 investments were so hot and how it compares to previous bull market
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: $2.52 billion in total capital has…
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…
Borderless Capital, an investment firm that specializes in web3, announced Tuesday that it is acquiring CTF Capital, a quantitative trading and asset management firm headquartered in Miami, with technology and…
A new web3 network is being built right now that wants to end Big Tech’s control of your data
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…
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…
Starbucks launched Starbucks Odyssey in 2022 as its initial foray into the web3 world.
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…
Bitcoin hits new high, Solana price jumps as memecoins mania rises and Worldcoin faces heat in Spain
Welcome to TechCrunch Crypto, formerly known as Chain Reaction — it was an eventful week in the crypto world.
Former web3 gaming founders raise $2.5M for their NFT marketplace to retain users even when there ‘isn’t money to be made’
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…
Zora, an 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…
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NFT fantasy sports startup Sorare lays off 13% of staff as web3 gaming continues to sputter
Web3-enabled fantasy sports platform Sorare laid off 22 employees based in its New York office in February. The move comes as the startup wants certain teams to be concentrated at the company’s Paris headquarters to improve communication and efficiency, a source familiar with the matter told TechCrunch. “As we plan…
The NFT sector has not yet returned to the glory of its 2022 heyday, but that hasn’t stopped the evolution of the tech. For instance, OpenSea has partnered with the…
Amid the speculation and volatility in the casino-like crypto land, there remains a subset of individuals who espouse blockchain’s potential to decentralize various aspects of human activities for the greater…
There’s no reputation system in the decentralized world of web3, so it’s hard to figure out which entities and individuals to trust and depend on.
Asymmetric Financial has a plan to unlock Bitcoin’s trillion-dollar potential with dedicated DeFi fund
As the digital asset industry picks up steam again, some crypto funds are looking to home in on specific sectors. Crypto fund Asymmetric Financial is creating its Bitcoin DeFi Venture…
When the large cloud providers have excess compute capacity, they tend to discount it through programs like AWS’s and Azure’s spot instances. Any time a server idles, it isn’t making…
Hivemapper reveals new Bee dashcam as its latest weapon against Google’s map dominance
Mapping startup Hivemapper will launch a new dashcam later this year that its co-founder believes will speed up efforts to claw market share away from Google. The new Hivemapper Bee…
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…
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Coinbase cites stablecoins, Base as key 2024 priorities after crushing Q4 estimates
After disclosing better-than-expected financial results in its fourth-quarter earnings report, U.S.-based Coinbase has big plans. The second-largest crypto exchange told its investors that it intends to lean heavily on its work with the popular USDC stablecoin this year, lever its recently launched layer-2 blockchain Base as a way to experiment…
New PitchBook data makes it clear that if the larger startup market is suffering from an exit-drought, crypto startups are possibly even more parched.
Farcaster hype grows, Bluesky opens to the public and SEC’s Hester Peirce is open to new token proposals
Hello and welcome back to the fourth edition of the new and improved TechCrunch Crypto newsletter. Let’s get into the big headlines.
The NFT space has lost a lot of its sparkle over the past few years, but that hasn’t stopped some founders, investors and projects from trucking along in hopes of…
It’s been almost 3 years since SEC commissioner Hester Peirce released her updated Token Safe Harbor Proposal 2.0, but she isn’t giving up.
Decentralized social network Farcaster is trying to reach mass adoption through Web 2.0 techniques
More often than not, it’s rare for crypto-native users to have an easy, quick onboarding experience. Farcaster wants to change that.
Featured Podcast
a16z’s Chris Dixon thinks it’s time to focus on blockchains’ use cases, not speculation
“I’m not anti-speculation, but I think it’s a question of priorities… It’s putting the cart before the horse.”
Tether had ‘record-breaking’ net profits in Q4, Polygon Labs does layoffs and hackers steal $112M of XRP
Hello and welcome back to the third edition of the new and improved TechCrunch Crypto newsletter.
Polygon Labs, the team focused on building the layer-2 blockchain Polygon, has laid off 60 employees, or about 19% of its staff, according to a post published Thursday by CEO…
