scalar capital

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…

The Dogefather sends his regards

There’s no shortage of headlines about the onset of “crypto winter.” Amid a growing pile of bankruptcies, one of the buzziest startups in the business, the NFT marketplace OpenSea, announced…

Startups race to build a crypto-native, consumer-friendly messaging platform for web3

Once regarded as a fad (for some, it still is), NFTs, digital assets that depict real-world objects, are becoming increasingly popular within and outside the crypto world. But with large…

South Africa’s NFTfi raises $5M so people can use their NFTs as collateral for loans

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…

Dfinity’s valuation soars to $9.5Bn after revealing its governance system and token economics

Sometimes smart contracts can be pretty dumb. All of the benefits of a cryptographically secured, publicly verified, anonymized transaction system can be erased by errant code, malicious actors or poorly…

Sagewise pitches a service to verify claims and arbitrate disputes over blockchain transactions