crypto

2022: The good, the bad and the wake-up calls

Hello and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We are nearly at the end of the year, so your friendly, loca

Solana founders see now as a time to bridge the blockchain and the physical world

Solana's co-founders see this downturn as an opportunity for its team and developers to build and ignore the noise.

Will SBF saddle up for a testimony after his media tour?

If you’re keeping up with the news cycle, then you know FTX’s former CEO Sam Bankman-Fried has gone on quite a bit of a media campaign.

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

Mastercard director sees FTX collapse as chance for the crypto market to reset

After FTX collapsed and filed for bankruptcy, some market participants aren’t worried about institutional interest in crypto wavering.

FTX and Alameda’s massive investments will take a long time to unwind from crypto industry

FTX and Alameda Research had their hands in a bunch of different startups. The depth of its roster of investments wasn’t very transparent until now.

Stripe announces fiat-to-crypto onramp widget

Payment giant Stripe is going to offer a new product that makes it easier to hold cryptocurrencies without signing up to a cryptocurrency exchange. The company’s new fiat-to-crypto widget can be emb

Does B stand for Bankman-Fried or Bankruptcy?

Time flies when you’re reading crypto news, am I right? Feels like every day something is going down in the crypto world and this week continued to prove that.

Was Sam Bankman-Fried’s appearance a performance?

FTX founder Sam Bankman-Fried talked from an undisclosed location in the Bahamas today with reporter Andrew Ross Sorkin for a DealBook event, a discussion that his legal team “very much” d

SBF claims massive ignorance on obvious conflicts in FTX downfall

“I didn’t ever try to commit fraud on anyone, I was shocked by what happened this month,” Sam Bankman-Fried (SBF), the founder and former chief executive of the fallen FTX, said at The New York

Crypto exchange Kraken cuts 1,100 jobs

Crypto exchange Kraken today announced it’s letting go of 1,100 staffers. The announcement came from a company blog post and follows similar news from DoorDash that it was also cutting staff. N

Binance poised for Japan expansion after buying local exchange Sakura

Binance’s sprawling empire is about to get bigger as it eyes expansion in Japan. The world’s largest crypto trading platform has acquired 100% of Sakura Exchange BitCoin for an undisclosed

Bitcoin ‘rarely’ used for legal transactions, on ‘road to irrelevance’, say European Central Bank officials

European Central Bank officials alleged on Wednesday that bitcoin is “rarely used for legal transactions,” is fueled by speculation and the recent erosion in its value indicates that it is on the

South Korean prosecutors seek arrest warrants for Terraform Labs co-founder, investors and engineers

South Korean prosecutors said Wednesday they have requested arrest warrants for eight people related to Terraform Labs for the alleged fraud as the local authorities widen their investigation into the

Solana-focused crypto wallet Phantom adds Ethereum and Polygon support

The new Ethereum and Polygon integrations are live in beta mode on Phantom’s browser and iOS and Android applications.

India to pilot retail digital currency on December 1

India will undertake the first pilot for retail digital currency on December 1, the central bank said Tuesday, extending the test to evaluate the creation and distribution of the e-rupee in the South

BlockFi files for Chapter 11 bankruptcy

This past year has been hectic for the crypto lending platform BlockFi, and today is no different as the company shared an announcement that it filed for voluntary Chapter 11 bankruptcy in the U.S. Ba

Can FTX’s bankruptcy bring order to its chaos?

Welcome back to Chain Reaction. Last week on the podcast, we talked about the FTX collapse, which is still ongoing. This week, we’re taking a break from our Thursday news episode for Thanksgiving, b

Bitcoin believers maintain view it could find institutional buy-in despite FTX chaos

Bitcoin could potentially capture roughly 3.5% of the global monetary market in aggregate over the next 17 years, according to CoinShares.

FTX’s failure could be a stress test for corporate credit card startups

Startups serving startups feels a bit riskier in a post-FTX cryptocurrency era. Here's how Ramp, Brex and Rain are thinking.
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