The Latest from Jacquelyn Melinek
Crypto market cap unaffected on the week amid more US lawsuits
If you thought last week was crazy with the SEC clamping down on major crypto companies like Coinbase and Tron, you should buckle up for this week’s news.
Web3 protocol Polytrade raises $3.8M to improve global trade
Polytrade, a web3 protocol focused on global trade, has raised $3.8 million in a seed round led by Alpha Wave, Matrix Partners, Polygon Ventures and CoinSwitch Ventures, the startup exclusively told T
Are cryptocurrencies commodities or securities? Depends on which US agency you ask
As the CFTC and SEC diverge over whether cryptocurrencies are commodities or securities, market players feel confusion and want clarity.
Binance CFTC suit shows that ‘regulators will keep regulating and regulate more’
Binance's CFTC lawsuit may bring about more regulation for the crypto space and affect market players' confidence.
Former FTX CEO Sam Bankman-Fried charged for allegedly bribing Chinese officials
U.S. prosecutors today filed a superseding indictment against former FTX CEO Sam Bankman-Fried alleging he bribed Chinese officials.
Binance and CEO Changpeng Zhao sued by CFTC over trading and derivative violations
Binance, the world’s largest crypto exchange by volume; its CEO Changpeng Zhao; and Chief Compliance Officer Samuel Lim, are being sued by the U.S. Commodity Futures and Trading Commission, accordin
Avalanche wants to digitize all of the world’s assets on the blockchain
Welcome back to Chain Reaction, a podcast that interviews newsmakers in crypto to better understand the tech behind the hype and the people working to build a decentralized future. For this week’s e
Coinbase execs weigh in on the crypto’s future in US amid regulatory scrutiny
If the crypto industry doesn’t get clear rules of the road, expertise will move offshore, experts say.
SEC clamps down on Coinbase and Tron, while Do Kwon is arrested overseas
To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. Welcome back to Chain Reaction. It was a big week in
Terra creator Do Kwon reportedly arrested at Montenegro airport
Do Kwon, the founder of Terraform Labs, has reportedly been arrested in Montenegro, according to a local government official.
SEC sues Tron founder and celebrities, including Lindsay Lohan, Jake Paul and Soulja Boy, for crypto securities violations
The U.S. Securities and Exchange Commission sued Justin Sun, the founder of Tron, on allegations of orchestrating “unregistered offer and sale, manipulative trading and unlawful touting of crypto as
Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow
Magic Eden, one of the largest cross-chain NFT platforms, launched a Bitcoin marketplace for digital artifacts, the company shared on Tuesday. “We are already a multichain platform and believe that
Seed Club Ventures emerges from stealth with $25M fund focused on DAOs
Seed Club, a DAO-focused accelerator program, has launched its venture arm out of stealth mode with a $25 million fund, the team shared exclusively with TechCrunch. “Seed Club is a DAO for builders
OP3N raises $28M to build ‘WhatsApp meets Amazon’ for web3
OP3N, a web3 AI-powered platform, raised a $28 million Series A round that values the company at $100 million, the startup shared exclusively with TechCrunch. “I wanted to make a connection for crea
Web3 gaming will onboard up to 100M gamers in next 2 years, Polygon and Immutable presidents predict
The web3 gaming space is set to explode over the next few years, Robbie Ferguson of Immutable and Ryan Wyatt of Polygon Labs predict.
Polygon and Immutable partner to help onboard more gamers and developers into web3
Web3 gaming firm Immutable and layer-2 blockchain Polygon partnered to accelerate development and adoption in the crypto gaming space.
Bitcoin rises about 14% in 7-day span as US banking system wobbles
It’s been an insanely busy and chaotic past seven days. Unless you live under a rock, you probably know what I’m talking about. But for those who don’t (or just want a recap), let’s get into i
Top crypto app downloads rise over 15% following SVB collapse
Following a shakeup in the U.S. banking system over the past week, crypto exchanges and wallets gained momentum as some look for bankless alternatives. The top 10 crypto applications for exchanges and
Chaos in US banks could push crypto industry toward decentralization
The crypto industry lost some banking on- and off-ramps due to recent banking turmoil, signaling a potential shift toward decentralization.