Jump Crypto leads Injective’s $40M round to help expand DeFi applications
Even though digital asset markets have been shaky, the blockchain sector continues to scale as demand increases from both crypto-native and...
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There’s always another nightmarish crypto hack around the corner
Welcome back to Chain Reaction. Last week, we looked at the near-term future for crypto gaming as VCs zero in on where to place consumer bets. This...
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Sometimes, stealing crypto is the moral choice
The world of crypto moves quickly and sometimes, when there’s an ongoing heist, the best thing that technically savvy but ethically sound users...
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Why education is key to halting hacks like the $190M Nomad exploit
Following the loss of almost $200 million on crypto protocol Nomad, security experts insisted that more education and security protocols are...
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Hackers abuse ‘chaotic’ Nomad exploit to drain almost $200M in crypto
About 40 blockchain addresses drained $152 million, or 80%, of the stolen funds.
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Gaming vets promise to make blockchain games fun and sustainable
The runaway success of Axie Infinity and StepN has convinced a flurry of entrepreneurs that web3 gaming, where the ownership of in-game assets is in...
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Can VCs game crypto out of this downturn?
Welcome back to Chain Reaction. Last week, we looked at Musk holding onto doge. This week, we’re talking about where all of this crypto VC...
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Gaming vets promise to make blockchain games fun and sustainable
The runaway success of Axie Infinity and StepN has convinced a flurry of entrepreneurs that web3 gaming, where the ownership of in-game assets is in...
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Investors focus on DeFi as it remains resilient to crypto market volatility
As many subsectors in the crypto market continue to take heavy hits from recent volatility, some market players see DeFi as resilient and gaining...
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Get ready for a lot of dead DAOs
After a lengthy crypto bull run, the startups and projects in the space are reining in expectations and settling in for a long-haul crypto winter....
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Former ‘Bitcoin maximalist’ Dan Held sees a future in DeFi for the digital asset
As the crypto markets continue to tumble, a major industry player’s beliefs are also taking a turn as he shifts from being a “Bitcoin...
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VC firm Tribe Capital raises $25M to launch crypto incubator program
As capital continues to enter the crypto space, Tribe Capital has raised $25 million from outside investors and has launched its incubator program,...
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Some venture investors are doubling down on crypto despite an unknown recovery timeline
The crypto markets might be red all over, but that isn’t stopping many venture capitalists from investing in the space.
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Meet the newest crypto builders from web3 accelerator Alliance DAO’s demo day
It seems like every time a demo day ends, there’s a new one waiting around the corner – and as you know, TechCrunch is no stranger to covering...
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Crypto-focused Multicoin Capital launches $430M venture fund
Crypto-native venture capital firm Multicoin Capital announced a new fund, its third and largest to date at $430 million. “As evidenced by our...
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Solana founder Anatoly Yakovenko discusses the crypto downturn at Disrupt
These are turbulent times for both crypto investors and projects alike. Over the past several months, Bitcoin and Ethereum have seen substantial...
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Crypto losses hit $670M in Q2, up 52% from year-ago period
Q2 losses were down from a massive $1.23 billion in Q1, which contained the $625 million Ronin Network hack.
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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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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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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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Crypto startup Ledger teams up with Cathay Innovation to launch $110M sector fund
French VC Cathay Innovation is hoping to secure its bag alongside Ledger, a startup that secures cryptocurrencies
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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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Pear VC’s Anand Iyer goes solo with new $200M fund for crypto developer tools
Iyer, who worked as a developer evangelist at Microsoft and entrepreneur, is funding early-stage founders building web3 infrastructure
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VC funding for crypto projects fell in May, but many investors remain bullish
The year-over-year trend line for crypto funding remains "very positive."
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For remittances, crypto is still a problem looking for a solution
Are remittance payments really ripe for crypto disruption? And can DeFi help what a16z's state of crypto report calls the "huge part of the...
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Y Combinator-backed fintech Pebble uses stablecoins to offer 5% yield on cash
The Y Combinator-backed seed startup comes out of stealth with $6.2 million in funding for its blockchain-based personal finance app
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‘Move-to-earn’ Solana app StepN is latest crypto gaming craze
Since its launch in December, StepN, an app that lets users walk and run to earn tokens, has quickly become a household name in the play-to-earn...
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M&A is coming for DeFi protocols as market conditions change
At the Permissionless conference in West Palm Beach this week, conversations around crypto M&A were heating up as market players discussed this...
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