crypto

US government confirms it didn’t offer any plea deals to Sam Bankman-Fried

It was a slow start to the six-week-long trial.

SBF’s trial has started, this is how he and FTX got here

Former FTX CEO Sam Bankman-Fried's trial begins Tuesday. Here's what you need to know.

SBF’s trial promises to be just as riveting as the rest of the FTX drama

'If the SBF trial starts to look like the crypto equivalent of an organized crime trial, don’t be surprised.'

Kenyan legislative committee calls for Worldcoin shutdown in the country

A Kenyan parliamentary committee formed in August to investigate operations and activities of Sam Altman’s crypto project, Worldcoin, in the East African country, has recommended for it to be shut d

Web3 funding is down again as the crypto winter drags on

Crypto pretty much seems to have lost its allure as far as venture capitalists are concerned.

Three Arrows Capital co-founder Zhu arrested in Singapore airport, sentenced four months in prison

The liquidators behind Three Arrows Capital (3AC), the now-defunct crypto hedge fund, shared that the firm’s co-founder Su Zhu was arrested in Singapore at the Changi Airport while trying to leave t

Mixin hacked for $200M, Worldcoin eyes greater expansion and Haun Ventures’ execs talk crypto regulation

Welcome back to Chain Reaction. We’re gearing up for the highly anticipated Sam Bankman-Fried trial. As for other news, it’s been an interesting and somewhat slower week for the crypto community.

Worldcoin doubles down on emerging markets amid wider criticism

Naysayers reacted to the hype around Worldcoin with almost the same level of intensity as its backers, but the company is still moving forward with its big plans.

Why Solana, Polygon and Aptos expect the enterprise to drive mass adoption

As large enterprises enter the crypto space, there’s potential for “not only millions of users, but billions of users using web3 without even realizing it.”

On-chain leverage trading platform Avantis Labs raises $4M seed round led by Pantera Capital

Avantis Labs, a decentralized finance (DeFi) derivatives ecosystem, has raised $4 million in a seed funding round led by Pantera Capital, the company’s co-founder and CEO Sehaj Singh exclusively tol

Telegram starts to look like a super app, echoing WeChat

Telegram, the popular messaging app with 800 million monthly active users worldwide, is inching closer to adopting an ecosystem strategy that is reminiscent of WeChat’s super app approach. Certa

Akowe wants to fix Africa’s broken certificate system with blockchain

The crypto industry has long been criticized for its disconnection with the real world, but there are players who try to show that the underlying blockchain technology can solve some of our most press

Chris Lehane: The SEC isn’t handling crypto regulation ‘strategically’

As developers turn their gears in the crypto world, regulatory uncertainty is casting a shadow over the work they’re doing.

Katie Haun believes now is a good time to invest in crypto

Nearly two years ago, Katie Haun left Andreessen Horowitz and raised two crypto funds totaling $1.5 billion. And then . . . a crypto market crisis happened. At TechCrunch Disrupt, she looked back

Here’s the crypto news you missed at Disrupt 2023

Welcome back to Chain Reaction. This week I’ve been in San Francisco for TechCrunch Disrupt 2023. It's been a three-day journey jam-packed with panels, booths and conversations.

Former a16z execs launch Bastion

Bastion launched a suite of products so companies can integrate web3 infrastructure into their existing enterprise technologies. 

Mesh, which helps people manage their digital assets, raises $22M

Mesh (formerly Front Finance), a startup developing a service to help customers transfer and manage digital assets like crypto, has raised $22 million in a Series A funding round led by Money Forward

PayPal’s PYUSD stablecoin is now available on Venmo

PayPal announced today that PYUSD, its stablecoin for payments and transfers, is now available on Venmo. PYUSD is available to select users starting today and will be rolling out fully in the coming w

Aptos Labs adds Coinbase Pay to its Petra crypto wallet

Petra, a crypto wallet built by Aptos Labs, is integrating Coinbase Pay onto its desktop and mobile applications in hopes of alleviating web3’s growing pains, the companies exclusively told TechCrun

After cutting ties with Binance, Checkout.com says crypto companies are about 4% of its total processing volume

Credit cards payment processor Checkout.com views crypto as a meaningful space for merchant relationships but needs to continue to focus on regulatory growth, according to Céline Dufétel, president
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