AI can do everything, but can crypto do something?
Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday Tuesday show covers the latest in tech news from
Web3 gaming will onboard up to 100M gamers in next 2 years, Polygon and Immutable presidents predict
The web3 gaming space is set to explode over the next few years, Robbie Ferguson of Immutable and Ryan Wyatt of Polygon Labs predict.
Uncertainty stands around multibillion USDC empire as issuer Circle held reserves at Silicon Valley Bank
Update: After publication and our first update to include Circle’s initial statement regarding USDC’s reserves, the company announced that “3.3 billion of the ~$40 billion of USDC re
Web3 developer activity spiked in Q4 2022 despite market volatility
Web3 developer activity still grew in the last quarter of 2022, according to a new report, despite crypto market volatility.
Top Solana NFT projects DeGods and y00ts to leave the blockchain and ‘explore new opportunities’
Two top Solana NFT projects, DeGods and y00ts, have announced they are leaving the blockchain in 2023, which is stirring up conflicting sentiments in the crypto community. Over the weekend, DeGods ann
Magic Eden exec sees NFT gaming like the ‘early days of mobile gaming’
The chief gaming officer at NFT marketplace Magic Eden sees the traditional and web gaming worlds coming together.
SBF scheduled to testify tomorrow at US House hearing on FTX collapse
The US House is investigating the events that led to FTX’s implosion, which resulted in the crypto exchange filing for bankruptcy.
NFT-focused startup Metagood raises $5 million to grow ‘social good’ impact
Metagood, a for-profit social impact NFT startup, has raised $5 million in its pre-seed round, the team exclusively told TechCrunch. “We launched the company on the concept of using NFTs as an expre
Crypto VC deployment still slow as investors wait for even lower valuations
Funding for crypto startups have been cut in half and valuations are at a 70% to 80% discount, venture capitalists say.
Crypto VC deals continue drop as activity follows bearish market prices
Venture capital deal flow into cryptocurrency startups is going in the same direction as the cryptocurrency market cap: down.
As crypto regulation looms ahead, here are the bills to look out for
The CFTC and the SEC’s roles around cryptocurrency regulation have been somewhat blurred, and each of these bills aim to provide greater clarity on that front.
Crypto losses total $428M in Q3, down 36% from previous quarter
Crypto "losses” from hacks and fraud continued to decline in the third quarter, Immunefi’s Crypto Losses Q3 report shows.
Latin American NFT marketplace Minteo raises $4.3M seed round
The major hype around NFTs may have died down a bit since the crypto subsector took off last year, but that isn’t stopping startups from building and raising capital in the space. Minteo, a Latin Am
US senators aim to amend cybersecurity bill to include crypto
The update would provide a voluntary way for crypto companies to report bad actors and protect the industry from “dangerous practices.”
Crypto trading-focused blockchain Sei launches $50M ecosystem fund
While many layer-1 blockchains out there were built for a pretty general purpose, other networks were designed around very specific use cases. Sei, a layer-1 blockchain designed for trading, has launc
Ethereum drops more than 17% after ‘way overhyped’ Merge
Since the Merge, the second most valuable blockchain’s cryptocurrency, ETH, has tumbled -- and some are saying its price hasn’t bottomed out yet.
Institutions investing in crypto haven’t ‘wavered one inch,’ LMAX CEO says
LMAX Group CEO David Mercer said institutions are unfazed by crypto assets continuing to trade far below all-time highs.
Former US CFTC commissioner says crypto space has ‘dire need for regulatory clarity’
Companies — crypto or otherwise — that refuse to comply with clear regulations are not going to succeed, according to Dawn Stump, the former commissioner at the Commodity Futures Trading Commissio
Spectral raises $23M to help create web3 credit scores
As more traditional finance products and services find their way into web3, there are some crypto startups emerging with a focus on adding decentralization to old-school practices. Spectral, a credit
Mural raised $5.6M to help brands deploy DAO treasuries
Mural, a crypto firm focused on decentralized autonomous organizations (DAOs) infrastructure, has raised $5.6 million in seed funding, the company’s co-founders Sinclair Toffa and Kevin Alvarez-Fung