Crypto

Security engineer jailed for 3 years for $12M crypto hacks

Shakeeb Ahmed, a cybersecurity engineer convicted of stealing around $12 million in crypto, was sentenced on Friday to three years in prison. In a press release, the U.S. Attorney for the Southern Dis

Kiki World, a beauty brand that uses web3 for customer co-creation and ownership, raises $7M from a16z

If you think that choosing a nail polish color or which ingredients go into your face cream can’t have anything to do with blockchain, think again. Kiki World, a beauty startup launched last yea

Nine crypto VCs on why Q1 investments were so hot and how it compares to previous bull market

If the 2023 crypto venture landscape was an ice-cold pot of water, the first quarter of 2024 is the part where the bubbles start to form right before water boils, Tom Schmidt, a partner at Dragonfly C

The AI world needs more data transparency and web3 startup Space and Time says it can help

As AI proliferates and things on the internet are easier to manipulate, there’s a need more than ever to make sure data and brands are verifiable, said Scott Dykstra, CTO and co-founder of Space and

TechCrunch Minute: Sam Bankman-Fried’s sentencing marks an end to the FTX saga

After a lengthy trial and conviction, we finally learned how long former crypto baron Sam Bankman-Fried will be behind bars: up to 25 years. It’s a lengthy sentence, but one that given the scale

SBF’s prison sentence marks the end of the crypto grift era — so what’s next?

Nearly everything else that's being built on or enabled by blockchains replaces something that's already being done fairly well.

Sam Bankman-Fried gets 25 years in prison for fraud and money laundering at FTX, ordered to pay $11B in forfeiture

Before sentencing, Bankman-Fried acknowledged in court that he made a "series of bad decisions," but argued they were not "selfish" ones.

SBF sentenced, Worldcoin hit with another ban order and big web3 pre-seed rounds are back

Welcome to TechCrunch Crypto, formerly known as Chain Reaction. This is the last edition of this newsletter. I want to personally thank each of you for reading this and if you would like to stay in to

0G Labs launches with whopping $35M pre-seed to build a modular AI blockchain

As the crypto space heats back up, so has funding for new startups. 0G Labs, a web3 infrastructure firm,” has raised $35 million in a pre-seed round, the team exclusively told TechCrunch. If $35 mil

Web3 investment firm Borderless Capital acquires CTF Capital to bring AI and quant expertise

Borderless Capital, an investment firm that specializes in web3, announced Tuesday that it is acquiring CTF Capital, a quantitative trading and asset management firm headquartered in Miami, with techn

Worldcoin hit with another ban order in Europe citing risks to kids

Controversial crypto biometrics venture Worldcoin has been almost entirely booted out of Europe after being hit with another temporary ban — this time in Portugal. The order from the country&#82

A new web3 network is being built right now that wants to end Big Tech’s control of your data

Many of the people building web3 feel like the traditional web ecosystem has taken advantage of users and their data. While it benefits a number of businesses, data miners and even AI models, some see

Solana memecoin hype continues, Backpack’s beta phase was a success and Starbucks axes its NFT program

Welcome to TechCrunch Crypto. This week, Starbucks killed its Odyssey NFT program, Solana continued to see memecoin momentum and India faces more challenges with the crypto space.

Rails launches with $6.2M round for its decentralized FTX alternative

Rails, a decentralized crypto exchange, has raised $6.2 million in attempts to fill the void FTX left behind after crashing in 2022, the startup’s co-founder and CEO Satraj Bambra exclusively told T

Crypto exchange OKX ceases services in India; KuCoin becomes FIU compliant

Updated at 12.16am IST, March 23: KuCoin said it has become the first global crypto exchange to comply with India’s FIU. KuCoin said it will support local banks in India and other fiat entities

TechCrunch Minute: Solana is ushering in a new round of memecoin mania

Blockchain is back and Bitcoin is hot, the Ethereum blockchain is seeing price gains, and lots of folks are stoked about ETFs. But lately, one less-mainstream blockchain is perhaps making the biggest

How crypto exchange Backpack climbed its way to success after its major investor FTX died

Backpack’s founders, who are building a crypto exchange and wallet, have experienced strong growth since launching in 2022. But the road wasn’t easy. FTX co-led Backpack’s $20 million strategic

Starbucks ditches its Odyssey NFT program

Starbucks launched Starbucks Odyssey in 2022 as its initial foray into the web3 world.

Blockchain tech could be the answer to uncovering deepfakes and validating content

Two months ago, media giant Fox Corp. partnered with Polygon Labs, the team behind the Ethereum-focused layer-2 blockchain, to tackle deepfake distrust. Fox and Polygon launched Verify, a protocol tha

Bitcoin hits new high, Solana price jumps as memecoins mania rises and Worldcoin faces heat in Spain

Welcome to TechCrunch Crypto, formerly known as Chain Reaction -- it was an eventful week in the crypto world.
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