decentralization
Karma3 Labs raises $4.5M to improve trust in web3 with ratings and recommendations
There’s no reputation system in the decentralized world of web3, so it’s hard to figure out which entities and individuals to trust and depend on.
Newsmast brings curated ‘communities’ to the open source Twitter/X alternative Mastodon
An organization called Newsmast is introducing a new approach to decentralized social media with the launch of an updated version of its Mastodon mobile app that now integrates content from…
While platforms like Reddit and Twitter are changing rules and making life difficult for developers of third-party clients, the ecosystem of Mastodon apps is still growing. Today, indie developer Jake…
Dispersion Capital launches $40M fund focused on decentralized infrastructure
This deep into the crypto winter big venture fund debuts are few and far between, a far cry compared to previous years. But the freeze is not stopping some venture…
Decentralized social network Mastodon announced that it is making it easier to create an account on the fediverse — or at least its own server. Now, when you try to…
Houseparty’s founder launches Towns, an open source group chat web app and protocol
After launching a pair of well-loved but ultimately star-crossed social apps, Ben Rubin is going all-in on decentralization. Rubin previously founded Meerkat and Houseparty — apps that pioneered mobile livestreaming…
Damus, one of the fastest-growing Twitter alternatives, has been pulled from China’s App Store just two days after the app was approved by Apple. The app, which runs atop the…
Tres raises $7.6M to help web3 teams manage their financials and crypto data
Tres, a financial “data lake” for web3 companies, has raised $7.6 million in a seed round led by boldstart ventures, its founder and CEO Tal Zackon, exclusively shared with TechCrunch.…
Since the Merge, the second most valuable blockchain’s cryptocurrency, ETH, has tumbled — and some are saying its price hasn’t bottomed out yet.
NEAR protocol spin-off Open Web Collective launches venture arm to invest in early-stage web3
Open Web Collective, a blockchain and web3 accelerator, has launched a new division called OWC Ventures to invest in early-stage crypto startups, the team exclusively told TechCrunch. The division is…
Singapore’s KNN3 wants to enable social discovery for decentralized apps
There’s no shortage of startups trying to make sense of the explosive growth of data generated from blockchain applications. Nansen has the support from a16z to provide on-chain data analysis…
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Thursday episode…
Arpeggi Labs banks a16z funding to build web3 music software
The quest to define what exactly a web3 use case looks like hasn’t always been easy but has allowed plenty of founders to get creative in building out products designed…
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‘The Merge’ could be good news for China’s Ethereum enthusiasts
When China banned cryptocurrency mining and trading, many saw it as putting an end to a burgeoning industry in the world’s second-largest economy. As it turned out, the country’s crypto investors, developers and hobbyists continue to play a critical role in building the backbone and applications of web3. The Merge, the much-anticipated network update on Ethereum…
We asked a range of crypto market players for their thoughts on the Merge and which Ethereum-based startups may hit the ground running.
How the upcoming Ethereum Merge could change crypto’s rewards, costs and reputation
The long-awaited systemwide upgrade will, experts say, reduce the blockchain’s energy consumption by about 99% by switching its transaction verification system away from “proof-of-work.”
Few areas in tech today are as polarized as the blockchain gaming space. Legacy developers and gamers are calling play-to-earn games Ponzi schemes, while crypto-believers say games that incorporate “tokenomics”…
Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Thursday…
Grab a cup of coffee and strap in, because this pitch deck teardown is pretty different from most of the ones I’ve done to date.
Safeheron secures $7M to make private keys safer for crypto wallets
Crypto enthusiasts promise to build a decentralized money system that allows people to freely trade without any intermediary intervention. It’s a rosy picture, but recent events of security vulnerability indicate…
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Law Commission proposes revolutionary rules for ownership of crypto tokens and NFTs
There is a major earthquake happening in the sphere of digital assets, which is expected to create shockwaves that will impact tech not only in the real world but also in the metaverse.
Sports partnerships are more than just a deal for major crypto companies
Are alliances between crypto companies and sports teams paying off in a meaningful way?
Polygon launched a $100 million ecosystem fund and an “uncapped” fund to help projects built on the now-defunct Terra ecosystem migrate to its blockchain.
Investment in infrastructure is critical for crypto startups, not a ‘nice to have’
It’s said that the best investment opportunity in a gold rush is the business selling the picks and shovels. But an even better place to invest is the land all…
CoinFund launches $300M web3 fund to invest in early-stage crypto
As capital continues to deploy the crypto economy, another big fund is entering the space. Seven-year-old CoinFund is launching a $300 million early-stage web3 venture fund, CoinFund Ventures I, which…
Crypto scams have declined, but hackers remain resilient in bearish markets
When it comes to crime, illicit activity is still abundant regardless of crypto volatility, according to a new Chainalysis report.
How should web3 companies approach fundraising during a downturn?
It’s a delicate balance of gauging the various fundraising options available and knowing which practices to embrace or avoid along the way.
Tencent veterans secure $13M to build cross-chain decentralized identities
There are many startups working on decentralized identities for the next generation of the internet. Four Tencent veterans want their offering .bit, an identity protocol built on the blockchain, to…
Crypto lending and financial services companies have been at the forefront of the industry’s latest controversies ever since the collapse of the Terra stablecoin, with many drawing parallels between the…
Jump Crypto leads Injective’s $40M round to help expand DeFi applications
Even though digital asset markets have been shaky, the blockchain sector continues to scale as demand increases from both crypto-native and traditional institutions looking to use the technology. Layer-1 blockchain…
