The testimony of Matt Huang, co-founder and managing partner of crypto investment firm Paradigm, at Sam Bankman-Fried’s trial may help the prosecution convince jurors that the former crypto mogu
It was only a matter of time before frustrated customers of the fallen crypto exchange FTX went after its deep-pocketed venture backers. Indeed, the most surprising thing about a class-action lawsuit
Research suggests that most companies want to do the right thing when it comes to diversity, equity and inclusion (DEI). Executives certainly understand that bringing in a variety of voices, experienc
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
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
Crypto startups — fresh off a mind-boggling bull run — are preparing for the next phase of life where the mere mention of “NFT,” “DAO” or “DeFi” may not tempt i
The past few weeks have been a dark time for NFT lovers and players in the cryptocurrency industry, but for startups and executives that are dug into the vision of a crypto future, it’s also bee
NFT marketplace Magic Eden, launched just nine months ago, has raised $130 million in a Series B round co-led by Electric Capital and Greylock Partners, bringing its valuation to $1.6 billion. Lightsp
Welcome back to Chain Reaction. Last week, we talked about layoffs and the Winklevoss rock gods. This week, we’re looking at a new layer of crypto doom and gloom. Get this newsletter in your inb
Hey everyone, and welcome back to Chain Reaction. Last week, we discussed $4.5 billion in new crypto funds from a16z. This week, we’re talking about the arrest that has everyone in the NFT space
A top former executive at the highly valued NFT startup OpenSea was arrested Wednesday and charged “with wire fraud and money laundering in connection with a scheme to commit insider trading,
Despite a gloomy outlook for crypto markets based on the past few weeks of token turbulence, venture capitalists looking to spend their way into a web3 future aren’t taking their foot off of the
Crypto-savvy developers are in short supply these days. Blockchain startups and protocols are fighting to onboard and train more engineers — an even tougher undertaking in a world where developi
Chainalysis, a startup that provides crypto investigation and compliance services, has secured $170 million in a Series F funding round led by GIC, a sovereign wealth fund of Singapore. The company, w
When people think of NFTs, the first use case most of them likely think of is visual art. From Beeple’s $69 million sale of a digital collage at Christie’s to the Bored Apes Yacht Club col
In the world of crypto, where vast amounts of investment are pouring into young and scrappy teams building uncharted technology, it’s increasingly the VC firms who are investing heavily in resea
Vietnamese gaming studio Sky Mavis announced that it has raised $150 million in funding led by crypto exchange Binance to help reimburse users who lost funds during a ~$625 million hack of its play-to
The voracious rise of NFTs as an asset class has been a bubble that seemingly refuses to pop — at least for the time being — but NFT marketplaces are continuing to court investor attention
Katie Haun, who co-led Andreessen Horowitz’s crypto arm before announcing her departure this past December, is ready to take the wraps off her new organization, which she’s calling Haun Ve
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