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Despite China’s sweeping bans on cryptocurrencies, domestic web3 talent is quietly flourishing, with many venturing beyond the country’s border. From offering crypto derivative products to to making NFT games, Chinese web3 entrepreneurs’ footprint is far-reaching worldwide. We spo…

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Ring ring ring ring Solanaphone

Welcome back to Chain Reaction. Last week, we talked about the NFT community being down bad but still down to party. This week, we’re looking at the desperation of web3 startups for a post-Apple tech industry. If you want to get this in your inbox every Thursday, you can subscribe on TechCrun…

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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 correct soon. Today, however, it is not true.

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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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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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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 tattoos and booze and fun. If you want to get this in your inbox every Thursday, you can subscribe on TechCrunch’s newsletter page. Exit opport…

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

Another day, another crypto bridge exploit.

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Solana launches web3-focused smartphone Saga to improve crypto-mobile relationship

The co-founder and CEO of Solana, Anatoly Yakovenko, had a Steve Jobs moment when he stood in front of an auditorium in New York City and announced the launch of Saga, an Android web3-focused smartphone. “This is something that I fundamentally believe the industry needs to do,” Yakovenko said. “We …

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NFT summer in New York is in full swing amid crypto winter

Anita and Lucas discuss the NFT NYC conference and dive into recent DAO and dogecoin drama

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Meta is pulling the plug on its crypto payments wallet, Novi

Three years after Facebook announced its ill-fated push into cryptocurrency, aka the Libra project, the tech giant has signalled another scaling back of its activity — announcing Friday that Novi, the digital wallet payments pilot it launched last October, will be ending on on September 1. In…

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The Station: Robotaxi roadblock and Tesla layoffs hit Autopilot team

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. H…

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