Crypto

0G Labs launches with whopping $35M pre-seed to build a modular AI blockchain

As the crypto space heats back up, so has funding for new startups. 0G Labs, a web3 infrastructure firm,” has raised $35 million in a pre-seed round, the team exclusively told TechCrunch. If $35 mil

Web3 investment firm Borderless Capital acquires CTF Capital to bring AI and quant expertise

Borderless Capital, an investment firm that specializes in web3, announced Tuesday that it is acquiring CTF Capital, a quantitative trading and asset management firm headquartered in Miami, with techn

Worldcoin hit with another ban order in Europe citing risks to kids

Controversial crypto biometrics venture Worldcoin has been almost entirely booted out of Europe after being hit with another temporary ban — this time in Portugal. The order from the country&#82

A new web3 network is being built right now that wants to end Big Tech’s control of your data

Many of the people building web3 feel like the traditional web ecosystem has taken advantage of users and their data. While it benefits a number of businesses, data miners and even AI models, some see

Solana memecoin hype continues, Backpack’s beta phase was a success and Starbucks axes its NFT program

Welcome to TechCrunch Crypto. This week, Starbucks killed its Odyssey NFT program, Solana continued to see memecoin momentum and India faces more challenges with the crypto space.

Rails launches with $6.2M round for its decentralized FTX alternative

Rails, a decentralized crypto exchange, has raised $6.2 million in attempts to fill the void FTX left behind after crashing in 2022, the startup’s co-founder and CEO Satraj Bambra exclusively told T

Crypto exchange OKX ceases services in India; KuCoin becomes FIU compliant

Updated at 12.16am IST, March 23: KuCoin said it has become the first global crypto exchange to comply with India’s FIU. KuCoin said it will support local banks in India and other fiat entities

TechCrunch Minute: Solana is ushering in a new round of memecoin mania

Blockchain is back and Bitcoin is hot, the Ethereum blockchain is seeing price gains, and lots of folks are stoked about ETFs. But lately, one less-mainstream blockchain is perhaps making the biggest

How crypto exchange Backpack climbed its way to success after its major investor FTX died

Backpack’s founders, who are building a crypto exchange and wallet, have experienced strong growth since launching in 2022. But the road wasn’t easy. FTX co-led Backpack’s $20 million strategic

Starbucks ditches its Odyssey NFT program

Starbucks launched Starbucks Odyssey in 2022 as its initial foray into the web3 world.

Blockchain tech could be the answer to uncovering deepfakes and validating content

Two months ago, media giant Fox Corp. partnered with Polygon Labs, the team behind the Ethereum-focused layer-2 blockchain, to tackle deepfake distrust. Fox and Polygon launched Verify, a protocol tha

Bitcoin hits new high, Solana price jumps as memecoins mania rises and Worldcoin faces heat in Spain

Welcome to TechCrunch Crypto, formerly known as Chain Reaction -- it was an eventful week in the crypto world.

Former web3 gaming founders raise $2.5M for their NFT marketplace to retain users even when there ‘isn’t money to be made’

Even though NFT sales volume is still down 88% from 2022 all-time highs (and down 38% year-to-date), Pallet Exchange is building a new type of NFT marketplace focused on user retention. And it’s doi

Solana’s price rises to $160, highest level since January 2022 as memecoin mania rises

The token behind Solana, a layer-1 blockchain that’s competitive with the Ethereum blockchain, has been through the wringer after it plummeted from a high of about $260 in late 2021 to a low aro

Blockchain startup Sei Labs creates an interesting solution to make Ethereum faster

Sei Labs, a startup co-founded by a former Robinhood engineer and a former VC from Coatue, has launched a new open sourced project that offers a novel and exciting approach to make Ethereum faster and

Nigeria demands Binance disclose top users, executives remain detained

Nigeria is actively seeking information from Binance regarding its top 100 users in the country and all transaction history spanning the past six months, according to a Financial Times report. This ne

Worldcoin fails to get injunction against Spain’s privacy suspension

Controversial eyeball scanning startup Worldcoin has failed to get an injunction against a temporary suspension ordered Wednesday by Spain’s data protection authority, the AEPD. The authority us

Bitcoin hits new all-time high of $72,700 but one index warns we’re in ‘extreme greed’ territory

The crypto scene continues to remain so hot that bitcoin is hitting one new high after another. It surpassed $72,700 on Monday. This was initially driven by the approval of spot bitcoin ETFs, but is n

Worldcoin says it’s paused services in Spain, after filing legal challenge to temporary ban

A German subsidiary involved in Sam Altman’s controversial crypto blockchain digital identity business, Worldcoin, was reported Friday to have filed a legal challenge against a suspension order

NFT platform Zora is offering a novel way for AI model makers to earn money

Zora, an NFT-based social network platform, is continuing its expansion beyond the crypto-sphere into the hot artificial intelligence market, Dee Goens, the startups’ co-founder, said on Chain React
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