New York Attorney General Letitia James filed a lawsuit against three crypto companies: Gemini Trust Company, Genesis Global Capital and its affiliates and Digital Currency Group (DCG) for allegedly d
Genesis Global Trading, a subsidiary of the crypto conglomerate Digital Currency Group (DCG), filed for Chapter 11 bankruptcy in the Southern District of New York (SDNY) court late Thursday night. Gen
Meltem Demirors hasn’t just been working in crypto for seven years — she’s been shaping its trajectory. Demirors, chief strategy officer at publicly traded European digital asset man
Welcome back to Chain Reaction. Last week, we looked at the near-term future for crypto gaming as VCs zero in on where to place consumer bets. This week, we’re looking at hardware wallets and th
Welcome back to Chain Reaction. Last week, we looked at web3 without Web 2.0’s winners. This week, we’re looking at a crossover episode for meme investing. You can get this in your inbox e
Mask Network, a Binance-backed startup that enables users to send cryptocurrencies and encrypted messages on established internet platforms like Twitter, has an ambitious goal: to become the corporate
The typical fund consists of deploying capital into certain sectors or industries, but venture capital firm OP Crypto is taking their own twist on the term. OP Crypto is raising $100 million for its n
Welcome back to Chain Reaction. Last week, we talked about layoffs and the Winklevoss rock gods. This week, we’re looking at a new layer of crypto doom and gloom. Get this newsletter in your inb
Despite continued volatility in the crypto markets, there still are plenty of funding rounds being announced by traditional finance players betting on companies experimenting with crypto. Elwood Techn
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 blockchain launched by NBA Top Shot creator Dapper Labs is
The Bitcoin 2022 conference brought over 25,000 attendees to Miami last month to discuss the future of the world’s largest cryptocurrency. The event, which attendees have described as “extravagant
Kentucky and mining-focused businesses alike have reaped benefits from legislation to incentivize bitcoin miners to establish roots in the southeastern state.
Luno, a subsidiary of Digital Currency Group (DCG), today announced that it is launching Luno Expeditions, an early-stage investment arm to back fintech and crypto/web3 startups globally. The fund wi
Africans and people in emerging markets missed out on the first set of opportunities that technological advancements brought to the world. Computers, the internet, fintech, artificial intelligence, an
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest pri
Magic, a San Francisco-based startup that builds “plug and play” passwordless authentication technology, has raised $27 million in Series A funding. The round, led by Northzone and with pa
While markets grapple with the concept that the pandemic might not be entirely in the rear view mirror, investors are continuing to seek out investment opportunities outside public markets as they see
Bain Capital Ventures (BCV), the venture arm of the 37-year-old private equity firm Bain Capital, announced this morning that it has $1.3 billion more smackers to invest across two funds, a $950 milli
The crypto industry as a whole has seen a momentous year of growth, heavily spurred on by the entrance of institutional investors adopting bitcoin due to its store of value properties. The 2020 spike
Meet Multis, a French startup that is building business bank accounts, except that it lets you store, send and receive cryptocurrencies. The startup just raised a $2.2 million seed round. Investors in
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