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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, the dollar amount invested in the space has been in free fall as cryptocurrency prices have taken a historic dive. With that as background, it might …

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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 the vision of a crypto future, it’s also been an opportunity to double down. This week, Uniswap announced that it has made a new acquisition, b…

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Bitcoin falls below $20,000 and Ethereum sinks past $1,000 as crypto market free fall continues

The crypto market suffered one of its most dramatic selloffs in years this week as the prices of top cryptocurrencies declined as much as 35% week-over-week as fears of a broad economic recession intensified. On Saturday, the total global market cap of cryptocurrencies sank below $850 billion as to…

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As crypto selloff accelerates, how much worse can things get?

The crypto markets buckled this week as fears of cascading failures of key blockchain finance players showed just how fragile things are for the asset class, which dipped below a $1 trillion total market cap as Bitcoin and Ethereum led a plunge in token prices. There was plenty for us to talk about…

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Crisis! On the blockchain

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex and Grace are back to cover the biggest, best, and baddest technology news. We are back once again here with your weekly kickoff! Here’s what we got into: St…

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Crypto lender Celsius pauses withdrawals, transfers citing ‘extreme market conditions’

Celsius Network, one of the biggest crypto lenders, told customers Sunday evening that it is pausing “withdrawals, swap, and transfers between accounts” in a move that is sparking discussions and has prompted the price of the firm’s token to take a 60% tumble in the past one hour …

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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, depressed at the moment. This meets our view of a slump.

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Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear

Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offering virtual try-on experience for eyewear. Deal terms were not disclosed, but Memomi has enabled dig…

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Venture studio Adanian Labs fuels startup growth in Africa

The venture studio targets to help build 300 next-generation startups over the next five years.

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