Bears abound, but none in sight at Denver’s crypto fest
Many entrepreneurs and investors believe the market downturn is constructive to the long-term health of the web3 space.
Aspecta nabs $3.5M to build AI-vetted coder profiles
While LinkedIn is helpful for displaying people's educational and professional achievements, there exists a world of self-taught tech talent whose skills are not so easily reflected.
Seed Club Ventures emerges from stealth with $25M fund focused on DAOs
Seed Club, a DAO-focused accelerator program, has launched its venture arm out of stealth mode with a $25 million fund, the team shared exclusively with TechCrunch. “Seed Club is a DAO for builders
OP3N raises $28M to build ‘WhatsApp meets Amazon’ for web3
OP3N, a web3 AI-powered platform, raised a $28 million Series A round that values the company at $100 million, the startup shared exclusively with TechCrunch. “I wanted to make a connection for crea
Web3 gaming will onboard up to 100M gamers in next 2 years, Polygon and Immutable presidents predict
The web3 gaming space is set to explode over the next few years, Robbie Ferguson of Immutable and Ryan Wyatt of Polygon Labs predict.
Polygon and Immutable partner to help onboard more gamers and developers into web3
Web3 gaming firm Immutable and layer-2 blockchain Polygon partnered to accelerate development and adoption in the crypto gaming space.
Hackers steal around $200 million from crypto lender Euler Finance
On Monday, the blockchain monitoring firm PeckShield sent an ominous tweet directed at the crypto lending platform Euler Finance, simply saying: “Hi […] you may want to take a look.” What th
Web of lies: Web3 isn’t the security fix-all you think it is
Web3 promises greater resilience and security than Web 2.0, but it’s already creating a new playground for opportunistic cybercriminals.
Ant veteran turns to NFT verification for SXSW festival VIP feast
As funding into web3 projects cools down during the crypto winter, startups in the space are increasingly focused on building bridges for mass adoption and exploring revenue opportunities to stay aflo
Coinbase launches wallet API to help integrate Web 2.0 devs into web3 world
Coinbase, the second largest crypto exchange by trading volume, has launched a new product to help onboard developers into web3, the company shared with TechCrunch on Wednesday. It should be easier to
Are NFT marketplaces becoming an open sea for creator royalties?
February wrapped up as a big month for the NFT market as non-fungible tokens on the Ethereum blockchain surpassed $1.5 billion in volume for the first time since May 2022.
Does web3 need a venture bailout now that AI has all the hype?
Shifting investor priorities, more expensive cash and a dearth of large deals could leave many late-stage web3 companies short on cash. And the clock is ticking.
Alchemy launches tool that allows devs to start building dApps within 4 minutes
Alchemy, a web3 development platform, is releasing a new tool to help developers create web3 applications faster, the company exclusively told TechCrunch. The tool, “create-web3-dapp,” will help b
Tencent is finally joining the web3 wild west
China’s web3 community is rallying around the news of Tencent’s march into the decentralized land. On Wednesday, the social and gaming giant held its first global web3 summit in Singapore,
AI-powered crypto search engine Kaito raises $5.3M to improve browsing with AI, ChatGPT
Kaito, an AI-powered search engine for crypto, raised $5.3 million in a seed round led by Dragonfly Capital, the company exclusively shared with TechCrunch. “There’s constantly people fighting
Hong Kong shows desire to be crypto hub with new regulation
As the U.S. government continues to rein in the crypto industry with a spate of regulations, other places are emerging as new hubs for the virtual asset industry. On Monday, Hong Kong proposed rules t
Binance-backed web3 gaming startup Unagi gets funding to expand fantasy sports platform
Web3 gaming company Unagi today announced a €4.7 million ($5 million) seed round of funding, as the French startup prepares to expand its NFT fantasy sports platform beyond football (“soccer&#
Stelo Labs raises $6M in a16z-led round to help crypto wallet users protect themselves
Stelo Labs raised $6 million in a round led by a16z to help crypto wallet users protect themselves through a browser extension.
BNB Chain is doubling down on web3 gaming
This week's episode of Chain Reaction featured an interview with Gwendolyn Regina, investment director at layer-1 blockchain BNB Chain.