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TechCrunch podcast this week: Crypto cults, 2022 term sheets, and how to win Startup Battlefield

TechCrunch is more than just a site with words. We’re also building a growing stable of podcasts focused on the most critical topics relating to the startup and venture capital worlds. To help y

U.S CFTC charges South African company over $1.7 billion bitcoin ponzi scheme

The U.S commodities regulator, Commodity Futures Trading Commission (CFTC), has filed civil charges against a South African company and its CEO for running a fraudulent commodity pool worth over $1.7

Promoted grabs more funding to help e-commerce marketplaces achieve profitability

For many marketplaces, those search, recommendation and ad functions are typically siloed, but Promoted has them all under one umbrella.

Open source developers urged to ditch GitHub following Copilot launch

Software Freedom Conservancy, a not-for-profit organization that provides support and legal services for open source software projects, has called on the open source community to ditch GitHub after qu

Crypto traceability and market rules agreed by EU lawmakers

European Union lawmakers have agreed a way forward on regulating crypto — covering the traceability of crypto assets being traded in the bloc and wider market rules, to protect against market ma

Google will reimburse developers $90 million to settle a lawsuit over Play Store earnings

Google said Thursday it will pay $90 million to settle a lawsuit with US developers that accused Google of abusing its power of app distribution and charging an unfair fee of 30% for app purchases an

Meta’s co-accused Sama to retain BCorp status until case is determined

Meta’s main subcontractor for content moderation in Africa, Sama, will retain its BCorp certification until the case against it in Kenya, over claims of union busting and exploitation, is determined

Sharpen your credit card, the Apple Store is down (UPDATED)

Update: The Apple Store was unavailable for about two hours, and returned with two notable changes. Apple removed a service provided by Enjoy following the company’s bankruptcy. The startup, fou

China’s tech giants promise speculation-free NFTs

The future of non-fungible tokens is getting more clarity in China as the country’s tech giants come together to formulate standards for the nascent industry. The China Cultural Industry Associa

Visby Medical tests positive for a Series E extension at $1B+ valuation

Medical diagnostics company Visby Medical raised $100 million in a Series E round earlier this year. Today, the company told me it extended that round by an additional $35 million at the same valuatio

Micropyramid lenses triple the light that hits solar panels

Stacks of teeny lenses that look like inverted pyramids could juice up solar panels, helping them capture more light from any angle on both sunny and overcast days. Solar panels perform best in direct

Daily Crunch: OpenSea, an NFT marketplace, revealed email data breach that may have affected 1.8M users

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Crypto wants its own iPhone

Apple’s relative hostility to the desires of crypto developers hasn’t gone unnoticed, and as the industry buckles down for a bear market, some of its proponents are pushing forward plans t

Nikola delays shareholder meeting to drum up support to issue more shares

Troubled electric truck maker Nikola adjourned its annual meeting to July 18, giving the company time to lobby shareholders to pass a money-raising measure to issue more shares of common stock. Nikola

Instagram tests ditching video posts in favor of Reels

Instagram is testing a change that turns video posts into Reels, the company confirmed to TechCrunch. The company says the change, which is currently being tested with select users around the world, i

3 questions for the startup market as we enter Q3

What will Q3 2022 bring for global startups? Let's talk through what we're tracking, expecting and perhaps even dreading.

Fleetzero begins its search for the first giant ship to convert to battery power

Fleetzero has an ambitious goal: to compete with global shipping companies with its own boats, powered entirely by electricity. The company just secured $15.5 million in new funding and is looking for

The SEC rejected bitcoin spot ETFs again. Now what?

As governments worldwide continue to eye the crypto industry, some digital asset managers are pushing back against regulators in an effort to provide more legal investing opportunities. The U.S. Secur

Raspberry Pi introduces a $6 board with Wi-Fi

Everyone’s favorite versatile microcontroller maker, Raspberry Pi, just unveiled a handful of new, budget-minded products. The company is building on the success of its $4 Pico board, which has thus

Here’s Carta’s response to venture becoming more global

Equity service platform Carta has acquired Vauban, an online platform that helps investors back private companies from end to end.
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