The Latest from Jacquelyn Melinek
Monthly crypto exchange volume tumbled in May, hitting 32-month low
Follow me on Twitter @Jacqmelinek for breaking crypto news, memes and more. Welcome back to Chain Reaction. Although there are a lot of builders in the crypto space, the total money being invested int
SEC settles with former Coinbase employee over insider trading charges
The U.S. Securities and Exchange Commission (SEC) has settled charges with a former Coinbase product manager and his brother for engaging in insider trading, the agency announced Tuesday. Ishan Wahi,
Solana’s co-founder sees potential for its blockchain to be the ‘Apple of crypto’
Solana co-founder Raj Gokal says the blockchain is focused on attracting new businesses, new projects and independent developers.
Sam Altman’s crypto project Worldcoin got more coin in latest $115M raise
Got coin? No? Well, Worldcoin did. Tools for Humanity, the team building Worldcoin, raised $115 million in a Series C round led by Blockchain Capital.
Take a look at Wolf’s first cohort of Bitcoin-driven startups
Wolf’s demo day was a refreshing change of pace given that a fair amount of the startups were looking to solve real-world problems that exist today.
Mastercard sees ‘a lot of promise’ in blockchain tech if safety and simplicity are prioritized
As brands and financial services firms navigate the crypto world, Mastercard sees opportunity for blockchains to grow with greater safety.
Dispersion Capital launches $40M fund focused on decentralized infrastructure
This deep into the crypto winter big venture fund debuts are few and far between, a far cry compared to previous years. But the freeze is not stopping some venture capitalists from launching new funds
Solana launches ChatGPT plug-in to help users interact with its network
The Solana Foundation is working to integrate AI into its network with a ChatGPT plug-in developed by Solana Labs.
Chainlink co-founder wants web3 to provide cryptographic guarantees to the world
This week's podcast was with Sergey Nazarov, co-founder of Chainlink, a protocol that provides an oracle network to power smart contracts.
Turns out Ledger can hold some of your crypto wallet’s keys, if you agree to it
Ledger, one of the biggest crypto wallet providers, has launched a new feature called Ledger Recover, and not everyone is happy about it.
Pudgy Penguins wants to use its NFT-inspired toys to bring IP to the real world
Pudgy Penguins, an NFT collection that also doubles as a web3 IP company, is releasing a line of toys dubbed Pudgy Toys.
Coinbase launches subscription service with focus on European expansion
Coinbase is launching its subscription service, Coinbase One, in 35 countries, starting with U.S., U.K., Germany and Ireland
Your first look at Alliance DAO’s latest cohort of web3 startups
The crypto industry continues to face myriad headwinds, but there’s no shortage of startups and founders diving into the space. Alliance DAO, a web3 accelerator and builder community, had its most r
LayerZero and Immunefi launch largest crypto bug bounty program with up to $15M in rewards
LayerZero Labs, the team behind cross-chain messaging protocol LayerZero, has partnered with bug bounty and security services platform Immunefi to launch a $15 million bug bounty for its protocol, Bry
Even as crypto exchanges exit Canada, Coinbase intends to play the ‘long game’
As crypto exchanges leave Canada amid new regulatory frameworks, a number of exchanges like Coinabse plan to stay in the market.
Binance is banking big on M&A and VC deals
The world’s largest crypto exchange by volume, Binance, is making big bets on M&A this year, focusing on geographical gaps and customer base.
Pudgy Penguin’s $9M seed round could point to a growing NFT industry
Welcome back to Chain Reaction. Earlier this week, Pudgy Penguins, an NFT collection that also doubles as a web3 IP company, raised $9 million for its seed round. Why does this matter? Pudgy Penguins
Tensor is climbing to the top of the Solana NFT marketplace totem pole
Just two months ago, Tensor raised $3 million in a seed round. Fast forward to today, and it is close to regaining its position as the biggest Solana-based NFT marketplace based on market share.
Crypto needs a global view to build better regulatory models
Growing concerns in the U.S. crypto industry around regulation is making overseas opportunities look more appealing.
Arbitrum co-founder sees DAO’s resolution to voter drama as a ‘testament to decentralization’
For Steven Goldfeder, CEO and co-founder of Offchain Labs, Arbitrum DAO's blunder is simply one of many early steps on the journey to decentralization.