Monad Labs raises $19M to grow its smart contract platform and improve the Ethereum space
Monad Labs, the team supporting the Monad blockchain, has raised $19 million in seed funding led by Dragonfly Capital, it exclusively told TechCrunch. “Monad is an effort to fundamentally optimize s
Thirdweb raises $24M at a $160M valuation from Haun Ventures, Shopify and Coinbase for its web3 development kit
There’s been a lot of hype about “web3”, but the reality is that it’s still a largely nascent and fragmented concept, and that has led to web3 startups building platforms to en
Telegram founder wants to explore web3-based auctions for custom usernames
Telegram founder Pavel Durov said Monday that he wants to integrate web3 into the messaging app. Durov said on his Telegram channel that he was impressed by the TON project — an independent proj
Why education is key to halting hacks like the $190M Nomad exploit
Following the loss of almost $200 million on crypto protocol Nomad, security experts insisted that more education and security protocols are necessary for protecting against hacks.
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
Japan’s gaming blockchain builder Oasys raises $20M in private token sale
Veterans from the established gaming world are flocking to web3. Whether they do it out of a fear of missing out or genuine belief in blockchain technologies, the trend appears irreversible at least f
New York-based Digital Asset to help Japan’s financial giant SBI develop ‘smart yen’
SBI Holdings, a Japanese securities and banking giant that launched a crypto-asset fund for retail investors last year, has been actively investing in the infrastructure that will allow it to roll out
Despite tooling limitations, DAO optimists see new use cases for a democratic, token-based future
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.
Stanford cryptography researchers are building Espresso, a privacy-focused blockchain
If blockchain technology is to reach true mass adoption, it will have to become cheaper and more efficient. Low transaction throughput on some of the most popular blockchains, most notably Ethereum, h
VC-backed DAO startups are racing to define what DAOs actually are
Amid the growth in web3, NFTs, DeFi and tokens, institutional investors are also looking at how they can leverage another crypto structure called DAOs to build a new model for community action on the
Success of web3 hinges on remedying its security challenges
In both Web 1.0 and Web 2.0, security models changed in tandem with application architectures to help unlock entirely new economies. The same will happen for web3.
Propy launches NFT platform in the US, allowing real-world property to be bought as an NFT
Last year we covered how early blockchain startup Propy planned to use the technology to smooth real-world real estate sales by introducing the concept of smart contracts. It went on to actually sell
How should we regulate DeFi?
How can authorities enforce regulations that don't rely on the presence of intermediaries? And how will regulations protect users and the market?
DAOs as the future? Hard pass, thanks
While the problems DAOs might solve are real, DAO proponents misunderstand the nature of these problems and offer a tool that creates more harm than benefit.
Watr launches ESG-oriented blockchain for commodities, partners with Algorand
With COP26 negotiations in full throw this week, the climate is probably the highest up the global agenda it’s ever been. And as the world slowly emerges from the global pandemic, more people are ta
Matter Labs scores $50M from a16z to bring zero-knowledge rollup scaling to Ethereum
As some of the most popular cryptocurrencies reach all-time highs, plenty of new users and decentralized app developers are embracing the Ethereum network and quickly discovering that the blockchain r
Ethereum: The great handshake
Ethereum and the emergence of Web 3.0 paint a shifting picture -- an internet not just private, but open and transparent by default.
Tenderly raises $15.3M to help Ethereum developers ship decentralized apps faster
Blockchain infrastructure startups are heating up as industry fervor brings more developers and users to a space that still feels extremely young despite a heavy institutional embrace of the crypto sp
Blockchain startup Propy plans first-ever auction of a real apartment as a collectible NFT
We previously wrote about Propy using blockchain technology to smooth real-world real estate sales by introducing the concept of smart contracts. Propy was the first blockchain startup to make that wo