Even amid the crypto winter, some web3 companies are racking up hefty valuations. P0x Labs, the team behind Manta Network, a privacy-preserving protocol running on the Polkadot blockchain, announced t
Foundation Devices announced it has raised a $7 million seed round to double down on its "sovereign computing platform."
Web3 developer platform Fleek has raised $25 million in Series A funding led by Polychain Capital, the company shared exclusively with TechCrunch. Additional investors in the round include Coinbase Ve
Uniswap Labs has raised $165 million in a new funding round as the parent firm of the world’s largest decentralized exchange looks to broaden its offerings. The Series B funding was led by Polyc
In the world of sports betting, instant payments and reliable custody are key to the user experience. HotStreak, a web3 platform for daily fantasy sports (DFS) contests, is wagering that the decentral
Welcome back to Chain Reaction. Last week, we looked at Musk holding onto doge. This week, we’re talking about where all of this crypto VC money is possibly gonna go. To get this in your inbox e
It’s easy to be skeptical of the big social media giants. They typically sell user data to advertisers and have been mired in controversy for their approach to content moderation. Web3 proponent
Privacy is a core concern in crypto. Once you know a crypto wallet address corresponds to a certain individual, you can track all the transactions that individual has made through their wallet on any
As I speak to Tong Pow over Google Meet, he appears as a cartoon medieval-helmet-clad cat that talks and bobs its head, mirroring Pow’s movement behind the webcam. The visor may be hiding a Ches
The adoption of DAOs has skyrocketed in the past year, and participants believe this is just the beginning, claiming more use cases will form in the subsector.
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
One of the best parts of being a journalist is getting to pepper experts with whatever questions you have in mind, allowing you to learn lots, often quickly, about much. The downside to that upside is
Element Finance has raised a $32 million Series A round at a $320 million valuation. The company has been building a new DeFi (decentralized finance) protocol on top of the Ethereum blockchain. It let
Avalanche, a relatively new blockchain with a focus on speed and low transactions costs, has completed a $230 million private sale of AVAX tokens to some well-known crypto funds. Polychain and Three A
As the broader crypto world enjoys a late summer surge in enthusiasm, more and more blockchain developers who have taken the plunge are bumping into the blaring scaling issues faced by decentralized a
Switzerland-based privacy startup Nym Technologies has raised $6 million, which is being loosely pegged as a Series A round. Earlier raises included a $2.5 million seed round in 2019. The founders als
We’ve been tracking one of the few genuinely interesting stories to come out of the blockchain world, ever since Dfinity raised $102M from Andreessen Horowitz and Polychain Capital for a decentralis
Merico, a startup that gives companies deeper insights into their developers’ productivity and code quality, today announced that it has raised a $4.1 million seed round led by GGV Capital, with
Some Libra Association members like Andreessen Horowitz and Coinbase Ventures are double-dipping, backing a competing cryptocurrency developer platform. Launching today with over 50 partners, non-prof
Vitaly Bahachuk wants you to share your crypto. His company lets you lend cryptocurrency peer-to-peer via smart contract, ensuring you can send your buds some red-hot Ether and, in theory, they have t
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