Jacquelyn Melinek
Senior reporter, Crypto, TC+
The Latest from Jacquelyn Melinek
Solana launches web3-focused smartphone Saga to improve crypto-mobile relationship
The co-founder and CEO of Solana, Anatoly Yakovenko, had a Steve Jobs moment when he stood in front of an auditorium in New York City and announced the launch of Saga, an Android web3-focused smartpho
Blockchain gaming unfazed by crypto volatility as gamers ‘seek out entertainment’
While the crypto industry was in free fall over the past few months, web3 games remained fairly stable.
Magic Eden raises $130M, hitting unicorn status at $1.6B valuation
NFT marketplace Magic Eden, launched just nine months ago, has raised $130 million in a Series B round co-led by Electric Capital and Greylock Partners, bringing its valuation to $1.6 billion. Lightsp
Immutable launches $500M fund to boost web3 gaming adoption
The crypto gaming industry is continuing to grow in popularity as more capital is deployed in the space and traditional Web 2.0 gaming studios look to enter the web3 market. Immutable, an Australia-ba
Crypto’s emphasis on community could lead followers off a cliff
The idea of the "family" culture that businesses push for is seeping deeper into the crypto world as communities are formed on a toxic, cultish stance to unwaveringly back projects they're invested in
Crypto founders face falling valuations, pulled deals amid market volatility
VCs are playing with web3 founders’ hearts, wallets and valuations as the market shifts to a VC-friendly landscape
As Celsius accelerates the crypto sell-off, who pays the price?
Many market participants indicated Celsius may be a riskier firm than many originally believed it to be, with some pointing toward a lack of confidence in its operations.
Hedge funds plan to buy more crypto amid a down market and potential regulatory clarity
The crypto hedge fund market is evolving as traditional players want to get a slice of the digital asset pool.
As DAOs continue to blossom, here’s how to keep yours from wilting
This past year has been one big growth spurt for DAOs (decentralized autonomous organizations) but not everyone in the space is convinced that they’re being formed properly or in a way that ensures
Proposed bipartisan US crypto bill could be ‘sigh of relief’ for the industry
"The bill matters as it is a step in the right direction for legislation and definition of 'crypto,' what a 'crypto asset' is and what regulation will look like," said Nick Donarski, CTO of ORE System
Multicoin Capital leads $60M investment in Delphia to give retail investors edge against hedge funds
The startup’s “share-to-earn” data token model will reward users for contributing valuable information, which it will then use to help its model better pick stocks.
Solana launches $100M investment and grant fund for South Korean web3 startups
Solana Ventures and Solana Foundation have set up a $100 million investment and grant fund to deploy capital into South Korean web3 startups.
Web3 startup Calaxy raises $26M to give content creators their own social tokens
The success of websites like Cameo have shown that people want personalized interactions with celebrities and web3 companies are emerging to provide creators with a way to do that while valuing themse
New York Senate passes moratorium to ban carbon-based crypto mining
The New York Senate has passed a bill that bans crypto mining operations that use carbon-based fuel to power their facilities. The bill specifically is targeting proof-of-work mining, which is one of
DOJ case against ex-OpenSea exec could label NFTs as securities, former SEC lawyer says
The case could determine whether NFTs are indeed securities — and if that label really matters for the future of the digital assets.
VC funding for crypto projects fell in May, but many investors remain bullish
The year-over-year trend line for crypto funding remains "very positive."
SoftBank co-led $66 million round for blockchain-focused InfStones
Despite shaky markets, a steady stream of investors continue writing big checks for blockchain infrastructure providers. InfStones, which aims to help clients build applications across a number of blo
Binance Labs closes $500M fund to focus on web3 and blockchain adoption
Venture capital firms continue to deploy and raise capital for crypto markets despite volatility in recent weeks, with Binance Labs closing a $500 million investment fund to focus on web3 and blockcha
As crypto becomes more mainstream, can it stay decentralized?
Decentralization can mean different things to different people, but most in the web3 community agree that it is one of the key factors to what makes crypto, well, crypto.
Longtime Bitcoiner Dan Held says this ‘crypto winter’ won’t be as harsh as others
Even though there is lots of talk of a crypto winter, Dan Held, director of growth marketing at crypto exchange Kraken, said the sentiment for this current market cycle is different.