OpenSea’s next journey is to help Web 2.0 brands get into web3
OpenSea's big journey right now is to make bigger bets with key Web 2.0 and web3 creators or brands, the platform's chief business officer said
Ethereum NFT marketplace passes $1B in volume for first time since May as the creator royalties war heats up
The NFT market may be finding its footing again as the market on the Ethereum blockchain surpassed $1 billion for the first time since May 2022.
Can gaming resurrect the NFT market? OpenSea thinks so
Today at TechCrunch’s crypto-focused event in Miami, OpenSea CEO Devin Finzer discussed his business and the future market for non-fungible tokens. The digital assets, better known by the acrony
There’s still juice in the NFT market despite very real downturn
What does OpenSea's trading volume look like these days? Are other data points trending differently?
OpenSea CEO Devin Finzer discusses staying on top of a turbulent NFT market at TC Sessions: Crypto
The NFT market is worth tens of billions of dollars and saw rapid growth throughout the crypto bull run. NFT exchange OpenSea, led by CEO and co-founder Devin Finzer, emerged as a clear market leader,
Are CFOs OK? (Answer: Yes, but CEOs? That’s complicated)
The CFOs from OpenSea, Brex and Noom are changing teams. Here's what that says about executive turnover in the high-growth startup world.
OpenSea launches NFT marketplace on Avalanche
OpenSea has launched natively on the layer-1 blockchain, Avalanche, both firms exclusively told TechCrunch.
Show me the utility!
Magic Eden looks to challenge OpenSea’s NFT dominance
Few startups in the crypto world boast the market dominance that OpenSea currently enjoys, but numerous venture-backed startups are looking to chip away at their lead. Welcome back to Chain Reaction,
Animoca Brands’ Japan unit raises $45M at $500M valuation for NFT push
Asia’s crypto games and web3 investment powerhouse Animoca Brands is making inroads into Japan as its local unit picks up $45 million in financing at a $500 million pre-money valuation. The inve
How many Coinbases is FTX worth?
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 focused on majo
$10B crypto developer platform Alchemy buys coding bootcamp in first-ever acquisition
Web3 developer infrastructure startup Alchemy, which last raised a $200 million Series C1 last February, has just made its first acquisition ever — and it’s in the education space. The co
Why Twitter anons are sending crypto to celebrities
Welcome back to Chain Reaction. Last week, we talked about a hack that gave new, ironic meaning to the word “trustless.” This week, we’ll get into one of the most polarizing aspects
Solana co-founder says NFTs have ’50 different use cases’ that can onboard millions this year
New NFT use cases stretch from gaming to music, and Solana co-founder Raj Gokal says he sees enough startup activity focused on those areas to feel optimistic about the digital assets more generally.
Hackers abuse ‘chaotic’ Nomad exploit to drain almost $200M in crypto
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
What will it take to reignite the NFT market?
It seemed doubtful that the period of hype that gave us endless Bored Ape derivatives would last forever. But what's next?
The Dogefather sends his regards
Welcome back to Chain Reaction. Last week, we looked at a crossover episode for meme investing. This week, we’re talking about Musk dumping tokens while holding onto others. You can get this new
The SEC takes a long-feared position in Coinbase insider trading suit
A former product manager at Coinbase has been arrested, the U.S. Justice Department announced Thursday, after being charged in a cryptocurrency insider trading scheme related to the listing of new cry
Get ready for a lot of dead DAOs
After a lengthy crypto bull run, the startups and projects in the space are reining in expectations and settling in for a long-haul crypto winter. It’s been a particularly tough time for DAOs, w
Former Tencent insurance boss joins web3 powerhouse Animoca Brands
Animoca Brands, the Hong Kong-based gaming company and the investor behind web3 big names like The Sandbox, Sky Mavis, Dapper Labs and OpenSea, just got a talent boost. Alan Lau, former CEO and chairm