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Welcome back to Chain Reaction, a podcast diving deep into the stories, backgrounds and latest news with the biggest names in crypto. For this week’s episode, I interviewed Alex Adelman, the co-founder and CEO of Lolli. Founded in 2018, Lolli is a bitcoin rewards app that lets people earn bitcoin or cash back when they […] → Read More
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 builders start their application within four minutes, Elan Halpern and Vitto Rivabella, product leads at Alchemy, noted. “Web3 is so new,” Rivabella said. “Everyone is experimenting and new […] → Read More
Coinbase, the second-largest crypto exchange by trading volume, is diving into the blockchain world in a move that some are excited about. → Read More
This week big news rolled out in the layer-2 blockchain space as Coinbase launched Base, an Ethereum-focused layer-2 blockchain. → Read More
Customizable rollup provider Eclipse is launching a Solana-focused scaling solution, which allows applications to be compatible with Polygon, the companies exclusively told TechCrunch. Rollups, a part of the layer-2 blockchain ecosystem, are a scaling solution to help make blockchains faster and cheaper. Rollups work by compiling a number of transactions into one bundle to go onto […] → Read More
Coinbase, the second largest crypto exchange by trading volume, has launched Base, an Ethereum-focused layer-2 (L2) blockchain, Jesse Pollak, lead for Base and head of protocols at Coinbase, told TechCrunch. In the past, Coinbase has homed in on the trading and exchange side of its business, but from the utility perspective, it’s still too hard […] → Read More
Google Cloud has partnered with the Tezos Foundation to grow its web3 application development and provide new services for its customers, the companies announced on Wednesday. “Tezos as an ecosystem has built a reputation in institutional and B2B onboarding,” Mason Edwards, chief commercial officer at Tezos Foundation, said to TechCrunch. “This is going to enable […] → Read More
Alternative revenue sources may be a key factor for exchanges as Coinbase sees trading volumes fall but other nontrading areas rise. → Read More
Coinbase, the second-largest crypto exchange by trading volume, released its Q4 2022 earnings on Tuesday, giving shareholders and market players alike an updated look into its financials. In response to the report, the company’s shares are down modestly in early after-hours trading. In the fourth quarter of 2022, Coinbase generated $605 million in total revenue, […] → Read More
Kaito, an AI-powered search engine for crypto, raised $5.3 million in a seed round led by Dragonfly Capital to help users browse web3 better. → Read More
The past few weeks in crypto land have been focused on the latest craze: Ordinals. What are Ordinals, you ask? → Read More
About 122,500 Bitcoin-focused Ordinals have been inscribed to date as the project gains momentum across the crypto ecosystem. → Read More
Stelo Labs raised $6 million in a round led by a16z to help crypto wallet users protect themselves through a browser extension. → Read More
Amid signs of life in the NFT market, an NFT-focused startup, Thred, launched today to help users discover new collections, the company exclusively told TechCrunch. “We think of it like a Yelp, Tripadvisor or Zillow of the space,” Ben Straley, founder and CEO of Thred, said to TechCrunch. Straley has over 25 years of experience […] → Read More
The rule aims to keep customer assets segregated, so if an adviser or custodian files for bankruptcy like Celsius or FTX, users’ assets would be protected. → Read More
Alongside, a crypto index-focused platform, has closed an $11 million seed round led by Andreessen Horowitz (a16z), the company exclusively told TechCrunch. “At a high level, we’re building what I describe as an on-chain Vanguard,” Austin Diamond, CEO and co-founder of Alongside, said to TechCrunch. “The goal is low-fee index products designed to enable total […] → Read More
Ordinals, an NFT-like project on Bitcoin, has grown quickly the past month, signaling a possible new frontier for the cryptocurrency. → Read More
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 smart contract platforms,” Keone Hon, co-founder and CEO of Monad Labs, said to TechCrunch. “We’re ultimately building a platform to optimize both consensus and execution […] → Read More
In true Valentine’s Day fashion, we’re diving into the theme of love…and crypto? According to a new study by Binance, the world’s largest blockchain by trading volume, crypto could have a positive impact on one’s attractiveness. Yes, really. Approximately 83% of participants said liking crypto was an “attractive feature in a relationship,” while 70% said […] → Read More
NFT platform Magic Eden partnered with web3 infra company MoonPay to help users buy digital collectibles with credit cards, Apple Pay and more. → Read More