Solana’s co-founder sees potential for its blockchain to be the ‘Apple of crypto’
Solana co-founder Raj Gokal says the blockchain is focused on attracting new businesses, new projects and independent developers.
NFT avatar enabler GoodGang has the blessings of Korean giants Kakao and Naver
Critics have long discredited non-fungible tokens as overpriced JPEGs sold by people who want to make quick bucks. NFT believers want to prove them wrong and show that these certificates of digital ar
Mastercard sees ‘a lot of promise’ in blockchain tech if safety and simplicity are prioritized
As brands and financial services firms navigate the crypto world, Mastercard sees opportunity for blockchains to grow with greater safety.
Solana launches ChatGPT plug-in to help users interact with its network
The Solana Foundation is working to integrate AI into its network with a ChatGPT plug-in developed by Solana Labs.
Chainlink co-founder wants web3 to provide cryptographic guarantees to the world
This week's podcast was with Sergey Nazarov, co-founder of Chainlink, a protocol that provides an oracle network to power smart contracts.
Your first look at Alliance DAO’s latest cohort of web3 startups
The crypto industry continues to face myriad headwinds, but there’s no shortage of startups and founders diving into the space. Alliance DAO, a web3 accelerator and builder community, had its most r
Jia, a blockchain-based lender of small businesses in emerging markets, raises $4.3 million seed
Jia, a blockchain-based fintech providing loans to micro and small businesses in emerging markets, has raised $4.3 million seed funding, and an additional $1 million commitment for on-chain liquidity,
Nexon takes 20-year-old MapleStory into web3 with Haechi’s help
Nexon, one of the biggest gaming companies in the world, is wading into web3 like some of its peers in Asia. The developer of MapleStory is creating a blockchain-powered ecosystem based on the 20-year
Mastercard, PayPal and Robinhood dive deeper into crypto as industry shows ‘promise’
A number of brand-name mainstream financial institutions have been rolling out new crypto products and services in an attempt to make the space more accessible.
Developers are building out the blockchain ecosystem in Barcelona
Welcome back to Chain Reaction. This week I’m writing the newsletter from the currently sunny and always beautiful city of Barcelona, Spain.
Alibaba Cloud, Avalanche partner to deploy metaverses on the blockchain
The partnership will provide Alibaba’s clients with a launchpad that aims to help businesses launch their own metaverse spaces on Avalanche’s blockchain.
As the US cracks down on crypto, Hong Kong extends a warm welcome
On a balmy day in mid-April, thousands of people queued in line to enter the Hong Kong Convention Center where the city’s inaugural web3 festival was underway. Most had flown in from mainland Ch
Now valued at $500M, Cosmose ditches Stripe to adopt Near’s crypto solution
For all the investment speculation and hype, cryptocurrency has so far struggled to find meaningful use cases. Now there’s some effort from Singapore to turn the general public into crypto adopt
Singapore-based Accredify gets $7M to make sure your documents are real
Interested in tech, Quah Zheng Wei left his career as a chartered accountant to teach himself how to code. But it was his experience as an accountant that led to his interest in the blockchain and how
Trading-focused blockchain Sei raises $30M, bringing valuation up to $800M
Sei, a layer-1 blockchain focused on trading, has raised $30 million, Jayendra Jog, co-founder of Sei Labs, exclusively told TechCrunch. A company spokesperson shared an $800 million valuation for the
Blockchain messaging protocol LayerZero raises $120M, hitting $3B valuation
LayerZero Labs, a web3 messaging protocol, has closed a $120 million Series B round, raising its valuation to $3 billion from $1 billion, the company said on Tuesday. Unlike Web 2.0 messaging platform
Hong Kong is charting its own web3 path despite China’s anti-crypto stance
While these developments are encouraging signs to some, others question whether the semi-autonomous region has the right conditions for building all forms of web3 organizations and businesses to thriv
Blockchain startup Fetch.ai grabs $40M to provide monetization and other tooling for AI-generated information
AI is riding high on a curve of hype, which means some of the practical questions that might grow louder over time — the many costs (financial and social), the business models — may not be
Bears abound, but none in sight at Denver’s crypto fest
Many entrepreneurs and investors believe the market downturn is constructive to the long-term health of the web3 space.
Aspecta nabs $3.5M to build AI-vetted coder profiles
While LinkedIn is helpful for displaying people's educational and professional achievements, there exists a world of self-taught tech talent whose skills are not so easily reflected.