Do Kwon’s Terra trauma and drama lives to see another day
There are some events in your life that you look back on and think to yourself, “Wow, that was a really tough time.” We all have memories like that and I think the crypto community definit
If it walks like a dog and barks like a dog, perhaps it’s actually a digital asset security
Crypto exchange Coinbase is facing an SEC probe into whether it illegally sold securities. So did it?
Crypto’s emphasis on community could lead followers off a cliff
The idea of the "family" culture that businesses push for is seeping deeper into the crypto world as communities are formed on a toxic, cultish stance to unwaveringly back projects they're invested in
Terra’s Do Kwon looks for redemption with Luna token rebirth
Is Terra’s Do Kwon the Bernie Madoff of crypto? Hello and welcome back to the Chain Reaction podcast, where we unpack and explain the latest crypto news, drama and trends, breaking it down blo
Can Andreessen Horowitz prevent the next crypto winter?
Hey everyone, and welcome back to Chain Reaction. Last week, we talked about the rough road ahead for Coinbase. This week, we’re talking a bit about Andreessen Horowitz’s multibillion-doll
Terra community passes proposal to revive LUNA cryptocurrency following stablecoin-led implosion
Terraform Labs' plan to revive the Terra Ecosystem after its stablecoin UST and cryptocurrency LUNA nosedived earlier this month has passed and been approved by the community.
Polygon launches ‘uncapped’ fund to help Terra projects migrate to its blockchain
As members of the Terra community try to pick up the pieces from its currently defunct economy, Polygon is beckoning to the dozens of developers who had projects built on the inoperative blockchain.
Crypto asset manager Babel Finance reaches $2B valuation
Despite recent swings in cryptocurrency values, many institutional investors appear undeterred. The growth of Babel Finance, which offers a suite of institution-facing crypto financial products, could
Will falling tech valuations kick off an M&A boom?
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It’s Monday, which means that Alex and Grace were back a
Y Combinator-backed fintech Pebble uses stablecoins to offer 5% yield on cash
As equities continue to trade down from recent peaks, investors are searching for higher returns. Some have turned to the crypto-based decentralized finance (DeFi) realm, where yields from lending and
Luna Foundation Guard adviser says Do Kwon hasn’t reached out since UST crash
“The truth is, I found my information [about this situation] on Twitter like everyone else,” Luna Foundation Guard adviser Jonathan Caras said.
How close are we to understanding what’s going on?
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers and nuance behind the headlines. This week we recorded live, which is always good fun,
Terra resumes blockchain production after halting to prevent hacks amid UST crash
The halt means no new blocks are being generated on the blockchain network after its block height of 7603700, and holders can’t move their Terra assets until the blockchain is unfrozen.
UST founder Do Kwon shares plan to save its stablecoin from mass destruction
The past few days have been extremely volatile across the crypto economy, after one of the largest stablecoins, TerraUSD (UST), depegged from its $1 value and fell to 29 cents this morning.
Ondo’s decentralized investment bank matches crypto companies with capital providers
The crypto-based decentralized finance ecosystem has, despite bouts of volatility, been ballooning in terms of assets since last year’s “DeFi summer.” DeFi is quickly maturing, which
Terra’s founder plans to back its stablecoin with a ‘basket’ of cryptocurrencies
These bitcoin purchases are just the beginning of Do Kwon and Terra’s larger road map to expand and integrate the TerraUSD stablecoin deeper into the crypto ecosystem.
Burnt Finance raises $8M led by Animoca Brands, launches DeFi-oriented NFT marketplace
Burnt Finance is a crypto startup which, as a stunt, burnt a Banksy artwork and but then the NFT they’d minted for it for $400,000, double what it cost on the ‘normal’ open art market. B
Terra raises $2.8M to build the Plaid for fitness data
This morning Terra, a recent Y Combinator graduate building an API for fitness and health data, announced that it has closed a $2.8 million round. The investment includes capital from General Catalyst
Could NFT auctions be moving away from Ethereum? One new group is betting they will
NFTs were arguably already taking off when Beeple sold his NFT artwork for $69m. But another crypto project attracted attention when it bought an original Banksy artwork for $95,000. The group literal
iRobot’s Terra lawnmower will not launch in 2020, as company ‘reprioritizes’
In its quarterly earnings today, iRobot announced an indefinite delay of its lawnmowing robot, Terra. The Roomba maker has abandoned plans to launch to the long-awaited home robot in 2020. No surprise