Jacquelyn Melinek
Senior reporter, Crypto, TC+
The Latest from Jacquelyn Melinek
Former Binance executives launch $100M crypto fund
A group of former executives from Binance, one of the largest cryptocurrency exchanges globally, has created a $100 million venture fund, the team told TechCrunch on Thursday. Old Fashion Research (OF
Terra community passes proposal to revive LUNA cryptocurrency following stablecoin-led implosion
Terraform Labs' plan to revive the Terra Ecosystem after its stablecoin UST and cryptocurrency LUNA nosedived earlier this month has passed and been approved by the community.
Polygon launches ‘uncapped’ fund to help Terra projects migrate to its blockchain
As members of the Terra community try to pick up the pieces from its currently defunct economy, Polygon is beckoning to the dozens of developers who had projects built on the inoperative blockchain.
StarkWare quadruples valuation to $8B in 6 months, closing round in choppy market
StarkWare Industries raised $100 million at a valuation of $8 billion just six months after the unicorn closed a $50 million Series C, quadrupling its valuation from $2 billion to $8 billion.
Mastercard exec is bullish on crypto, sees mass adoption ‘sooner rather than later’
Mass adoption of blockchain technology and digital assets is going to happen sooner rather than later, according to Mastercard’s VP of new product development and innovation, Harold Bossé.
Vibes hold steady at crypto conferences amid bearish market
It’s been a hard month for the global cryptocurrency market. And yet, community members continue to gather nonstop to network, learn and party at what feels like endless crypto conferences.
Luna Foundation Guard adviser says Do Kwon hasn’t reached out since UST crash
“The truth is, I found my information [about this situation] on Twitter like everyone else,” Luna Foundation Guard adviser Jonathan Caras said.
M&A is coming for DeFi protocols as market conditions change
At the Permissionless conference in West Palm Beach this week, conversations around crypto M&A were heating up as market players discussed this trend growing at the protocol level for DeFi.
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.