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Why Twitter anons are sending crypto to celebrities

Crypto mixers like Tornado Cash can protect people's privacy, but they also have helped facilitate crime

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Solana co-founder says NFTs have ’50 different use cases’ that can onboard millions this year

New NFT use cases stretch from gaming to music, and Solana co-founder Raj Gokal says he sees enough startup activity focused on those areas to feel...

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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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What will it take to reignite the NFT market?

It seemed doubtful that the period of hype that gave us endless Bored Ape derivatives would last forever. But what's next?

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The Dogefather sends his regards

Welcome back to Chain Reaction. Last week, we looked at a crossover episode for meme investing. This week, we’re talking about Musk dumping...

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The SEC takes a long-feared position in Coinbase insider trading suit

A former product manager at Coinbase has been arrested, the US Justice Department announced Thursday, after being charged in a cryptocurrency insider...

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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 Tencent insurance boss joins web3 powerhouse Animoca Brands

Animoca Brands, the Hong Kong-based gaming company and the investor behind web3 big names like The Sandbox, Sky Mavis, Dapper Labs, and OpenSea, just...

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GameStop looks to diversify its meme money

Welcome back to Chain Reaction. Last week, we looked at web3 without web2’s winners. This week, we’re looking at a crossover episode for...

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NFT marketplace OpenSea lays off 20% of its staff: ‘We have entered … crypto winter’

Despite a significant depression in crypto markets, plenty of top players have been hesitant to say that the good times are over for the time being,...

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Shanghai gives nod to NFT trading platforms

After flagging concerns over the financial risks associated with non-fungible tokens, some of China’s authorities are putting forward guidance...

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Despite falling NFT sales volume, there’s more underlying strength to the market than you’d think

Bearish sentiment in the crypto markets has trickled down to the NFT subsector.

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TechCrunch+ roundup: Overinflated valuations, equity crowdfunding, SCOTUS v. climate tech

All valuations are hypothetical, so bear that in mind the next time you're reviewing an offer letter.

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OpenSea’s $13B valuation doesn’t make sense as NFT trading volumes plunge

The web3 faithful will note that the NFT market goes up and down, and as it is down today, it will go up again. That may be true, and it may even be...

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Formerly rich NFT buyers party through the pain

Welcome back to Chain Reaction. Last week, we talked about infinite pessimism in the crypto markets. This week, we’re talking about parties and...

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Shopify breaks out of the website with 100+ new features including NFTs, local shopping and more

Shopify made a name for itself in its early days with a platform for letting retailers keen to establish their own online shops an easy and quick way...

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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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This Ukrainian deeptech startup has trained an AI to paint war art

A Ukrainian deeptech startup is launching a charity NFT project to sell AI-generated artworks with the twin goal of raising money to support people...

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The Winklevoss twins rock on

Welcome back to Chain Reaction. Last week, we talked about an arrest in the crypto world that had investors sweating. This week, we’re talking...

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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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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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Former OpenSea exec arrested and charged with insider trading of NFTs

A top former executive at the highly valued NFT startup OpenSea was arrested Wednesday and charged “with wire fraud and money laundering in...

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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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Animoca Brands plans to add education to its multibillion-dollar NFT and gaming business

Animoca Brands has grown into one of the biggest firms in the metaverse, play-to-earn gaming, and NFT worlds, but it wants to enter a new sector:...

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a16z, Coatue, USV invest in $725M developer fund for Dapper’s Flow blockchain

The web3 world is continuing to discover that it’s a lot harder to build a developer ecosystem than it is to build a platform. The Flow...

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Daily Crunch: Fairly stagnant since April launch, Coinbase NFT sales volume is under $700K

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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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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Haun Ventures leads $50M round in NFT startup Zora Labs

The NFT ecosystem continues to chug along, but the vast majority of volume is still moving through the centralized halls of NFT marketplace OpenSea,...

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