Coinbase Ventures

The current mini crypto bull run could help get web3 corporate venture capital out of its slump.

Why I’m modestly crypto-bullish in 2024

According to the Crunchbase Web3 Tracker, funding to crypto startups around the world is on pace to notch its seventh-consecutive quarterly decline.

Global web3 venture funding on pace to decline for seventh straight quarter

There’s been a lot of hype about “web3”, but the reality is that it’s still a largely nascent and fragmented concept, and that has led to web3 startups building platforms…

Thirdweb raises $24M at a $160M valuation from Haun Ventures, Shopify and Coinbase for its web3 development kit

Kurtosis, a crypto-focused developer tool system, has raised $20 million in a Series A round led by tech-focused hedge fund Coatue. Investors in the round include Coinbase Ventures, the Chainsmokers’…

Former Palantir engineers raise $20M to simplify web3 tooling

Cross-chain messaging protocol Nomad has become the target of crypto’s latest nine-figure attack after hackers abused a “chaotic” security exploit to steal almost $200 million in digital assets. Nomad, a…

Hackers abuse ‘chaotic’ Nomad exploit to drain almost $200M in crypto

Privacy is a core concern in crypto. Once you know a crypto wallet address corresponds to a certain individual, you can track all the transactions that individual has made through…

This niche cryptographic technique could transform privacy in web3
Crypto

Down bad

1:33 pm PDT • June 18, 2022

Welcome back to Chain Reaction. Last week, we talked about layoffs and the Winklevoss rock gods. This week, we’re looking at a new layer of crypto doom and gloom. Get…

Down bad

Tux Pacific isn’t your average tech founder. They’re a self-taught cryptographer who dropped out of college, a proud member of and advocate for the transgender community and a self-described anti-capitalist…

Meet the trans, anarchist founder who just landed $25M to reform how crypto is stored

Engineers are the bedrock of any tech product, and blockchains are no exception. As the race between different chains heats up, communities of loyalists are duking it out to attract…

Developer infrastructure expert Anand Iyer goes solo with new $20M crypto fund

Blockchain and other web3 projects are racing to reach developers, hosting hackathons, bandying out grants and offering other perks to lure those who can build. But they currently don’t have…

QuestBook raises $8.3 million to help web3 developers secure funds

Featured Article

Corporate venture investors pulled back in Q1 but less than you imagined

Looking at the changing pace of CVC activity, geographic trends and more.

7:00 am PDT • May 15, 2022
Corporate venture investors pulled back in Q1 but less than you imagined

The use of cryptocurrency in sub-Saharan Africa, particularly among its young people, cannot be overstated. Data from blockchain intelligence firm Chainalysis says the region’s crypto usage grew 1,200% last year,…

MARA raises $23M from Coinbase Ventures and FTX to build Africa’s portal to the crypto economy

The NFT ecosystem continues to chug along, but the vast majority of volume is still moving through the centralized halls of NFT marketplace OpenSea, leaving crypto VCs eager to find…

Haun Ventures leads $50M round in NFT startup Zora Labs

Featured Article

Will the corporate venture boom lead to an M&A frenzy?

Why recent CVC activity combined with the current climate for startups could result in a more active M&A market.

9:00 am PDT • May 5, 2022
Will the corporate venture boom lead to an M&A frenzy?

Masa Finance, a hybrid credit protocol and decentralized credit bureau founded by Pngme CEO Brendan Playford in late 2020, has raised $3.5 million in pre-seed funding. According to a statement,…

Masa Finance gets $3.5M pre-seed to build its decentralized credit protocol

The crypto-based decentralized finance ecosystem has, despite bouts of volatility, been ballooning in terms of assets since last year’s “DeFi summer.” DeFi is quickly maturing, which means startups are spinning…

Ondo’s decentralized investment bank matches crypto companies with capital providers

CoinDCX has doubled its valuation to $2.15 billion (post-money) in eight months following a fresh $135 million funding, it said today, as the Indian cryptocurrency exchange looks to aggressively expand…

Indian crypto exchange CoinDCX tops $2 billion valuation in new $135 million funding

India’s Mobile Premier League, or MPL, is in talks to raise capital from a number of investors including the crypto exchange FTX as the mobile gaming startup prepares to make…

Crypto giant FTX in talks to invest in Indian gaming startup MPL

Unstoppable Domains, a popular blockchain naming system provider, is putting together a funding round at a valuation of $1 billion, three people familiar with the matter told TechCrunch. The startup…

Web3 digital identity startup Unstoppable Domains said to seek funding at $1 billion valuation

If blockchain technology is to reach true mass adoption, it will have to become cheaper and more efficient. Low transaction throughput on some of the most popular blockchains, most notably…

Stanford cryptography researchers are building Espresso, a privacy-focused blockchain

As the crypto space has grown in popularity, some of the most popular blockchains have struggled to meet user demand.  New projects are aiming to tackle issues like notoriously high…

Subspace Labs raises funding for a more scalable, sustainable blockchain

Just in time for tax season in the United States, Australian startup CryptoTaxCalculator (CTC) announced it has raised seed capital to expand its automated crypto tax reporting tool further into…

Australia’s CryptoTaxCalculator helps traders demystify the decentralized

Coinbase Ventures investor Katherine Wu is leaving the company for early-stage crypto venture capital firm Archetype, less than a year after joining Coinbase as a senior deal lead in September.…

Katherine Wu leaves Coinbase Ventures to join crypto investment firm Archetype

Jambo, a Congo-based startup building Africa’s web3 user acquisition portal through “learn, play, earn” and democratizing access to crypto-based income-generation opportunities, has raised $7.5 million in seed funding. Experts say…

Jambo raises $7.5M from Coinbase, Alameda Research to build ‘web3 super app’ of Africa

Over $500 million worth of real estate was sold on the top four metaverse platforms in 2021, data shows. Traditional real estate companies are amongst the many investors flocking to…

Republic’s metaverse real estate arm spins off, rebrands as Everyrealm

Renowned Silicon Valley operator Adam Nash thinks you want to donate more than you do, and he’s about to make it dead simple for you to give more. Such is…

Daffy aims to make using donor-advised funds as easy as a few phone taps

The upcoming tax season is likely to prove particularly complex for crypto investors, many of whom will be paying taxes on their crypto holdings for the first time ever. In…

Crypto investors have 1099 problems, but CoinTracker helps make sure filing taxes isn’t one

Crypto.com, a popular cryptocurrency exchange, has extended its venture arm’s fund size to $500 million as it looks to more aggressively back early-stage startups to help the nascent ecosystem grow,…

Crypto.com expands venture arm to $500 million to back early-stage web3 startups

For all of the excitement pulsing through the so-called web3 space in the past year, most of the heartiest sums of investor dollars have seemed to find their way toward…

Goldfinch raises $25M from a16z to power its DeFi lending protocol for borrowers in developing countries

Alternative investments are having a moment. Their popularity has surged over the last decade, with the asset class growing from just over $3 trillion in 2008 to more than $10…

Alto raises $40 million to help individuals make tax-savvy investments in assets like crypto and artwork