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A group of former executives from Binance, one of the largest cryptocurrency exchanges globally, has created a $100 million venture fund, the team told TechCrunch on Thursday. Old Fashion Research…
To get a roundup of TechCrunchs biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Its Wednesday the 25th of May, 2022,…
Nine days ago, Terraform Labs founder Do Kwon shared a plan to revive the Terra Ecosystem after its stablecoin UST and cryptocurrency LUNA nosedived earlier this month, bringing down the…
JPMorgan has said bitcoin’s fair price is 28% higher than its current level, implying “significant upside from here” after a dramatic sell-off in cryptocurrencies. The bank said in a note…
Niantic is exploring web3. Will its user base play along? Niantic This story is part of a group of stories called Platformer is an independent newsletter from Casey Newton that…
Government tends to struggle when it comes to keeping up with tech innovation. The past U.S. tax season that just wrapped up in April was particularly stressful for investors and…
Despite a nightmarish month for cryptocurrencies, venture backers dead-set on the sector are still amassing capital to mint new unicorns in the space. This morning, a16z announced its latest $4.5…
Despite recent swings in cryptocurrency values, many institutional investors appear undeterred. The growth of Babel Finance, which offers a suite of institution-facing crypto financial products, coul… [read more]
Only a handful of “whales,” or big spenders, still own the majority of NFTs. While the digital assets have piqued widespread consumer interest, the user experience associated with actually minting…
Despite a gloomy outlook for crypto markets based on the past few weeks of token turbulence, venture capitalists looking to spend their way into a web3 future aren’t taking their…