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Daily Crunch: Raba Partnership leads $2.1M seed round for African fintech startup Thepeer

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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eBay acquires NFT marketplace KnownOrigin for an undisclosed sum

eBay announced today that it’s acquiring Manchester-based NFT marketplace KnownOrigin. The financial terms of the deal were not disclosed. eBay...

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The fintech funding market is not dead

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines....

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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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How disruptive could a Nike-owned resale platform be?

The concept of a Nike-owned resale marketplace specifically for Nike products is extremely intriguing.

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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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Apple’s big week was not without its flaws

Hi, friends! Welcome back to Week In Review, the newsletter where we recap some of the top stories to cross TechCrunch dot com this week. The most...

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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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Tatsumeeko wants to bring the metaverse to Discord

Tatsumeeko, an “MMORPG-lite” game on Ethereum and Solana developed by the team behind cross-gaming platform ecosystem Tatsu.GG, announced today...

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The NFT slump is real

This is not an exercise in knocking back a few shots of haterade. Instead, it's a reminder that consumer demand for products like digital...

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Salesforce takes crypto plunge with new NFT cloud

Who knows whether it’s FOMO or actual customer demand for such a thing, but Salesforce announced today that it’s launching a pilot of NFT Cloud,...

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DOJ case against ex-OpenSea exec could label NFTs as securities, former SEC lawyer says

The case could determine whether NFTs are indeed securities — and if that label really matters for the future of the digital assets.

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Ayoken raises $1.4M to grow its NFT marketplace for creatives

Ayoken, an NFT marketplace for creatives, has raised $1.4 million pre-seed funding to enable users grow their revenue streams through digital...

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OnlyFans founder makes crypto debut selling influencer trading cards

Zoop, built on the Polygon blockchain, will allow users to trade NFT-based cards featuring their favorite influencers.

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The IRS’s crypto tax partner, ZenLedger, raises $15 million Series B

The new funding comes just weeks after ZenLedger fired its former COO, Dan Hannum, who lied about his credentials

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Four-month-old Doppel is helping some of the biggest NFT projects spot scams

The web3 startup raised $5 million in seed funding led by FTX Ventures and counts Yuga Labs and Dapper Labs as its biggest customers

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eBay launches its first collection of NFTs in partnership with web3 platform OneOf

eBay is the latest company to enter the NFT business, as the online marketplace announced today that it’s launching its first collection of...

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Drip aims to provide thrill of live commerce to NFTs, physical collectibles

Drip is "Shopify for livestream commerce,” providing tooling so users can run live stream auctions, drops or buy it now formats via Drip’s...

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Linktree is rolling out new features to allow creators to showcase their NFTs

Link-in-bio platform Linktree is the latest company that is looking to integrate NFTs into its service, as the company has revealed a set of new...

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Spotify is testing a new profile feature that lets select artists promote their NFTs

Spotify is testing a new feature that allows select artists to promote their NFTs on their profiles, the company confirmed.

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Crypto winter is coming

Lucas and Anita talk about what a crypto downturn means for public and private companies, and what's going on with Terra's UST

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Co:Create aims to help NFT projects launch their own cryptocurrencies

a16z leads $25 million seed investment into NFT tooling startup Co:Create, alongside Tom Brady's Autograph, FTX's Amy Wu, others

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Polygon among $9.3M investment in Paper to help onboard NFT buyers via email

Paper, a crypto-focused payments processing company launched in February, closed a $7.3 million seed round after a $2 million angel investment for a...

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Arianee raises $21 million to deliver ownership NFTs with physical luxury goods

Arianee has raised a $21 million Series A round (€20 million) in a round led by Tiger Global. The company issues digital ownership and authenticity...

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Instagram to start testing NFTs with select creators this week

Instagram head Adam Mosseri announced today that the platform is going to start testing NFTs with select creators this week. Mosseri noted that there...

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Crypto investor and founder Jill Gunter on the increasingly heated competition between blockchains — and what it’ll take to win

Slow Ventures' Jill Gunter on competition between Bitcoin, Ethereum, and new blockchains

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Coinbase’s NFT marketplace is off to a lackluster start

It’s been a little over two weeks since Coinbase launched its highly anticipated NFT marketplace for select waitlisted beta users – and digital...

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Why Axie Infinity’s co-founder thinks play-to-earn games will drive NFT adoption

As we’re almost halfway through 2022, a question stands: Is Axie holding up to its hype?

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