Jacquelyn Melinek
Senior reporter, Crypto, TC+
The Latest from Jacquelyn Melinek
Goldman Sachs co-leads $70M investment in Elwood Technologies
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
Fortis Digital Ventures closing $100 million raise for new crypto fund
The fund aims to make blockchain investing easier through asset allocation, risk management and position sizing in crypto.
Terra resumes blockchain production after halting to prevent hacks amid UST crash
The halt means no new blocks are being generated on the blockchain network after its block height of 7603700, and holders can’t move their Terra assets until the blockchain is unfrozen.
Animoca Brands plans to add education to its multibillion-dollar NFT and gaming business
Animoca Brands has grown into one of the biggest firms in the metaverse, play-to-earn gaming and NFT worlds, but it wants to enter a new sector: education.
Terra’s UST crash will make life harder for crypto as regulation looms
TerraUSD (UST) fell from grace after it depegged from its $1 value on Monday and since dropped as much as 70% to $0.2998, when it was never supposed to deviate from the dollar-equivalent value.
UST founder Do Kwon shares plan to save its stablecoin from mass destruction
The past few days have been extremely volatile across the crypto economy, after one of the largest stablecoins, TerraUSD (UST), depegged from its $1 value and fell to 29 cents this morning.
US Treasury Secretary Janet Yellen pushes for stablecoin regulation by end of year
Stablecoins have been a hot topic both on and off Capitol Hill. Earlier today, U.S. Treasury Secretary Janet Yellen pushed for regulation during an annual testimony in front of the Senate Banking Comm
Polygon among $9.3M investment in Paper to help onboard NFT buyers via email
Paper, a crypto-focused payments processing company launched in February, closed a $7.3 million seed round after a $2 million angel investment for a total of $9.3 million in fresh capital.
Bitcoin’s value nears $30,000 mark as Luna Foundation Guard liquidates wallet
Bitcoin’s price is down more than 50% from its November 2021 peak and has fallen over 11% today, nearing the $30,000 mark, leaving many investors scrambling to figure out what’s going on.
Shark Tank’s Kevin O’Leary talks crypto and why he’s pro stablecoins
Shark Tank’s Kevin O’Leary talks about the kind of crypto company he would create if he decided to do so.
Coinbase’s NFT marketplace is off to a lackluster start
It’s been a little over two weeks since Coinbase launched its highly anticipated NFT marketplace for select waitlisted beta users — and digital collectibles trading has been sluggish.
Crypto gaming is growing, but can it reach people outside of the web3 world?
Some crypto games are considering the free-to-play model as a way to help new gamers enter the often gated crypto gaming market, which is known for having a play-to-earn model.
Why Axie Infinity’s co-founder thinks play-to-earn games will drive NFT adoption
As we’re almost halfway through 2022, a question stands: Is Axie holding up to its hype?
Amberdata raises $30M to chase the ‘unlimited opportunity’ of bringing traditional finance into web3
Amberdata, an institutionally focused digital asset data provider, has raised $30 million in its Series B, its CEO Shawn Douglass exclusively told TechCrunch. The company is now valued at $330 million
Crypto Bahamas signals stronger ties between old and new worlds of finance
Some Crypto Bahamas attendees were dressed in suits, while others wore T-shirts and casual shorts, juxtaposing the professional financial world against the new digital age.
Bitcoin miners say energy efficiency and regulatory certainty are crucial for the industry’s success
Bitcoin mining is often criticized as an imperfect process due to its energy expenditure, but major firms in the industry are trying to maximize efficiency and sustainability while seeking regulatory
Crypto-focused Dragonfly Capital launches $650M third fund
The crypto market is showing no signs of slowing down as funds and investors alike continue to deploy massive amounts of capital into the ecosystem. Today’s evidence of the trend: Dragonfly Capital,
Stablecoins are here to stay, but will they see wider adoption?
The growth of the total stablecoin supply in the past year has shown anything but stability, which some market participants believe signals a long-term path for more success.
Artists like Harry Connick Jr. are using web3 to engage with fans
Web3 has attracted people from all walks of life, from finance analysts and hedge fund managers to software developers. But a fairly new group entered the space over the last 12 months: artists.
Top NFT collections are bringing in millions of dollars weekly, but which will survive?
Many blue-chip NFT holders said that demand comes with inherent risk and market volatility that play a part in the future of the digital collectibles and their liquidity.