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As the NFT boom fades, major gaming companies slow their crypto plans

When there’s money to be made, feedback can, and often does, go unheard. Still, a few major gaming companies did backtrack on their plans to add...

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North Korean Lazarus hackers linked to $100M Harmony bridge theft

Researchers say the hack was consistent with the activities of the North Korean hackers.

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This crypto winter may be long, but builders remain bullish

Many of the top digital assets in the cryptocurrency market are down significantly, but some market participants are shrugging it off and focusing on...

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Web3 artist Latashá on educating creators about crypto’s ebbs and flows

Latashá, a musician who has sold NFTs of her work for tens of thousands of dollars, joined the Chain Reaction podcast to talk crypto education

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Hacker exploits Harmony blockchain bridge, loots $100M in crypto

Another day, another crypto bridge exploit.

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Cryptoys banks a16z funding to build NFTs for kids

The past several months haven’t been entirely kind to the NFT market — while transaction volume hasn’t stuttered too significantly,...

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Blockchain gaming unfazed by crypto volatility as gamers ‘seek out entertainment’

While the crypto industry was in freefall over the past few months, web3 games remained fairly stable.

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Uniswap acquires NFT marketplace aggregator Genie

The past few weeks have been a dark time for NFT lovers and players in the cryptocurrency industry, but for startups and executives that are dug into...

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Magic Eden raises $130M, hitting unicorn status at $1.6B valuation

NFT marketplace Magic Eden, launched just nine months ago, has raised $130 million in a Series B round co-led by Electric Capital and Greylock...

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Bybit crypto exchange joins the the list of companies cutting staff

Singapore-based crypto exchange Bybit has joined a long list of companies that have laid off some of their employees. As the cryptocurrency market is...

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Iran to cut electricity to authorized crypto miners: report

Iran’s relationship with the crypto mining sector is a love-hate one. The government is again restricting crypto mining activity as it tries to...

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Another brutal week for crypto and crypto companies

Welcome back to Week in Review, the newsletter where we recap the most read stories to cross TechCrunch over the last week.

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Immutable launches $500M fund to boost web3 gaming adoption

The crypto gaming industry is continuing to grow in popularity as more capital is deployed in the space and traditional Web 2.0 gaming studios look...

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Crypto’s emphasis on community could lead followers off a cliff

The idea of the "family" culture that businesses push for is seeping deeper into the crypto world as communities are formed on a toxic,...

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Crypto founders face falling valuations, pulled deals amid market volatility

VCs are playing with web3 founders’ hearts, wallets and valuations as the market shifts to a VC-friendly landscape

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Samsung launches Samsung Wallet to help you store your cards, digital keys, IDs and more

Samsung announced today that it’s launching “Samsung Wallet” to enable users to store select digital keys, boarding passes, identification...

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In Southeast Asia, a booming crypto scene

Southeast Asia, a diverse region with an expanding population and rising income, is emerging as a popular destination for crypto entrepreneurs and...

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As Celsius accelerates the crypto sell-off, who pays the price?

Many market participants indicated Celsius may be a riskier firm than many originally believed it to be, with some pointing toward a lack of...

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Hedge funds plan to buy more crypto amid a down market and potential regulatory clarity

The crypto hedge fund market is evolving as traditional players want to get a slice of the digital asset pool.

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Jay-Z and Jack Dorsey launched a Bitcoin academy in a public housing complex

Is billionaire-funded crypto education really what low-income people need?

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As DAOs continue to blossom, here’s how to keep yours from wilting

This past year has been one big growth spurt for DAOs (decentralized autonomous organizations) but not everyone in the space is convinced that...

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The NFT slump is real (really)

The data doesn't appear to indicate that there is a more attractive way to view NFT activity today. It is, by a number of measuring methods,...

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Proposed bipartisan US crypto bill could be ‘sigh of relief’ for the industry

"The bill matters as it is a step in the right direction for legislation and definition of 'crypto,' what a 'crypto asset'...

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Meet the trans, anarchist founder who just landed $25M to reform how crypto is stored

Tux Pacific dropped out of college and taught themselves cryptography. Now, they've landed startup funding from a16z and other top VCs

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Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds

The startup’s “share-to-earn” data token model will reward users for contributing valuable information, which it will then use to help its...

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Web3 startup Calaxy raises $26M to give content creators their own social tokens

The success of websites like Cameo have shown that people want personalized interactions with celebrities and web3 companies are emerging to provide...

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Three quarters of Asia’s wealthy investors will own digital assets by 2022: report

Seventy-three percent of “affluent” investors in Asia intend to hold some form of digital assets by the end of 2022, according to a new...

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The arrest heard ’round the crypto world

Hey everyone, and welcome back to Chain Reaction. Last week, we discussed $4.5 billion in new crypto funds from a16z. This week, we’re talking...

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