Crypto saw lots of chaos, charges and price changes in November

We didn’t publish a Chain Reaction newsletter last week because of Thanksgiving. But we’re back -- and saying goodbye to November after a month filled with lawsuits, price changes and crypto chaos

Optimism execs are optimistic for Ethereum’s future amid its ongoing scaling battle

The goal is to help users forget which chain developers are building on, because it ultimately won’t matter.

South Korea to launch digital currency pilot with 100,000 residents next year

The Bank of Korea (BOK) rolled out details on its pilot program for its retail central bank digital currency (CBDC), stating that 100,000 selected Korean citizens will join the trial in the fourth qua

Robinhood brings its stock-trading platform to the UK, its first international market

We knew it was coming, but stock-trading platform Robinhood is finally open for business in the U.K. — its first international market since debuting in the U.S. more than a decade ago. Robinhood

Feds seize Sinbad crypto mixer allegedly used by North Korean hackers

As part of an international law enforcement investigation, the FBI and the Dutch Financial Intelligence and Investigation Service have seized the websites of a crypto mixer that was allegedly used by

Acctual raises $3.85M to help crypto companies better manage their bills

Acctual has raised $3.85 million in seed funding at a $15 million post-money valuation to help crypto startups manage their money, the company’s co-founder and CEO Atikh Bana exclusively told TechCr makes DeFi accessible to the average consumer

Hussain Elius is best known as the co-founder of Pathao, one of Bangladesh’s top ridesharing apps. For his latest startup, however, Elius is exploring the world of DeFi with, a self-custodi

Crypto enforcers wielded a heavy hand this year, but don’t expect it to get softer in 2024

This was quite the year for the crypto industry. From funding shortfalls to the SBF saga playing out in public, the industry and its proponents had a wild year.

Binance and CEO ‘CZ’ plead guilty to federal charges, agreed to pay $4.3B in fines

It’s been an eventful week for crypto exchanges and the U.S. government. Changpeng Zhao, also known as “CZ,” the founder and CEO of Binance, is stepping down and has pleaded guilty to a number o

Just how big of a recovery will it take to bring investors back to web3?

The crypto community has been enjoying a welcome reprieve from the dismal climate of the past year but it's unclear if these recent gains will translate into more lasting interest in the decentralized

Amidst OpenAI chaos, Sam Altman’s involvement in Worldcoin is ‘not expected to change’

Sam Altman's involvement in crypto project Tools for Humanity, which is building Worldcoin, remains uninterrupted, per a source close to the project.

China’s tech giants dip their toes into web3, but prospects are limited so far

During the Staking Summit in Istanbul, a conference attended by hundreds of individuals involved in the staking practice of the crypto ecosystem, two exhibition booths stood out. They belonged to Tenc

Worldcoin token’s value drops nearly 10% after Sam Altman removed as OpenAI CEO

Sam Altman, the now former CEO of OpenAI, has departed his role and is leaving its board, according to a company post on Friday. But questions about his role at other entities like Worldcoin, the cryp

Crypto market showing signs of recovery as prices, NFT sales rise on the month

Welcome back to Chain Reaction. The crypto market and overall ecosystem may be showing signs of recovery after a prolonged bear market.

How Jane Street-backed ZetaChain aims to expand Bitcoin’s use cases

Despite its dominant market share in the crypto sphere, Bitcoin has had limited applications compared to other blockchains which have blossomed to facilitate asset transfers in everything from financi

Aave Companies rebrands to Avara and acquires crypto wallet Family to expand its web3 reach

Web3-focused software technology company Aave Companies is rebranding to Avara, its founder Stani Kulechov told TechCrunch exclusively. The crypto parent entity is best known for supporting Aave Labs,

Taproot Wizards raises $7.5M for its Ordinals project to bring the ‘magic’ back to Bitcoin

Taproot Wizards, a Bitcoin-focused Ordinals project, is trying to change the way the blockchain is perceived.

After six quarters of falling venture interest, crypto investors see recent price gains as positive signal

Investors are getting back in the groove of investing in web3, crypto and blockchain technology.

Prosecutors will likely proceed with SBF’s second trial in March

Bankman-Fried won’t be sentenced till March, but he also has a second trial where he faces additional charges, including for foreign bribery.

Moving on from SBF trial with Circle IPO rumors, a massive new crypto fund and sanctions

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