Jacquelyn Melinek
Senior Reporter, Crypto, TC+
The Latest from Jacquelyn Melinek
New month, new crypto market moves?
Welcome back to Chain Reaction. Seems like just yesterday we were ringing in the New Year, but we’ve coasted into February and all seems to be somewhat relaxed (for once) in the crypto world.
BlockJoy raises $12M to help cut operating costs for businesses running blockchain nodes
BlockJoy, a startup providing white label blockchain nodes as a service, raised a total of $12 million from its seed and Series A rounds, the company exclusi1vely shared with TechCrunch. The Boston-ba
Enterprise blockchain adoption may grow as hybrid use cases evolve
Companies like JP Morgan, IBM, American Express, CVS, Cisco, Visa, Walmart and T-Mobile are using blockchain technology to evolve.
Lost your crypto amid Chapter 11 bankruptcy filings? You’re probably not getting it back
Legal experts say unsecured creditors shouldn't expect much following a number of Chapter 11 bankruptcy cases in the crypto space.
Bitcoin-based app Strike expands in Philippines to grow cross-border payment solutions
Strike, a Bitcoin-based payment network and financial app, is expanding to the Philippines to grow cross-border payments and remittance markets. “The Philippines is one of the biggest remitting mark
Haun Ventures leads Sovereign Labs’ $7.4M seed round to help scale blockchains
Sovereign Labs has raised $7.4 million in seed funding led by Haun Ventures to scale blockchains through ZK-rollups.
Crypto security startup Hypernative raises $9M to help prevent web3 cyber attacks
Hypernative, a crypto security-focused startup, has raised $9 million in seed funding as it emerges from stealth, co-founder and CEO Gal Sagie exclusively told TechCrunch. The funding round was led by
Aptos wants to shake up the blockchain space by creating more economic value, co-founder says
Welcome back to Chain Reaction, a podcast diving deep into stories, backgrounds and the latest news with the biggest names in crypto. For this week’s episode, I sat down with Mo Shaikh, co-found
Crypto job hunters should build personal brands and be ‘obsessed with web3’
This month was filled with announcements from major crypto firms that were laying off employees. Of course, this “trend” is not limited to this industry.
Laid off from your crypto job? Here’s what founders are looking for in new talent
Layoffs continue to spread across the crypto job market, but there are still plenty of startups looking to hire new candidates.
Injective launches $150M ecosystem fund to accelerate interoperable infra and DeFi adoption
Injective, a layer-1 blockchain focused on building financial applications, has launched a $150 million fund ecosystem initiative, the platform’s CEO and co-founder, Eric Chen, told TechCrunch. “W
Crypto recruiters see opportunity to snatch up talent amid Big Tech layoffs
Major crypto companies have laid off employees, which is giving startups the opportunity to snatch up new talent.
Web3 gaming needs to focus on sustainable economies, Immutable co-founder says
The crypto gaming industry may look outside of tokenomics to grow and sustain itself for the long haul.
QuickNode raises $60M at $800M valuation to become the ‘AWS or Azure of blockchain’
QuickNode, a blockchain deployment platform, has raised $60 million in a Series B round for an $800 million valuation.
Coinbase and others back ex-FTX US president’s crypto trading infra startup Architect
It has been nearly four months since Brett Harrison stepped down as president of FTX US, the American division of the now-bankrupt crypto exchange. Now, he has raised $5 million for his own startup, A
DCG’s crypto-lending subsidiary Genesis files for Chapter 11 bankruptcy
Genesis Global Trading, a subsidiary of the crypto conglomerate Digital Currency Group (DCG), filed for Chapter 11 bankruptcy in the Southern District of New York (SDNY) court late Thursday night. Gen
More money, more problems for crypto
Do you believe in second chances? Well, FTX’s new CEO John J. Ray III hopes so.
FTX’s new CEO says there’s possibility for exchange to restart
As FTX news subsided in recent weeks, the new CEO of the crypto exchange shared that he is exploring the possibility of restarting the company, according to a report from The Wall Street Journal. John
Ethereum’s shift to proof-of-stake draws increasing institutional interest
Ethereum’s shift from proof-of-work to proof-of-stake increased interest for staking across a number of parties — including institutions.
Solana co-founder sees potential for devs to lead its network in 2023
Solana saw the highest number of new developers contributing to the ecosystem, with its developer count rising by 83%, the fastest of any major blockchain.