Lucas Matney, TechCrunch

Lucas Matney

TechCrunch

Chicago, IL, United States

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Recent articles by Lucas:

Formerly rich NFT buyers party through the pain –

Welcome back to Chain Reaction. Last week, we talked about infinite pessimism in the crypto markets. This week, we’re talking about parties and tattoos and booze and fun. If you want to get this in your inbox every Thursday, you can subscribe on TechCrunch’s newsletter page. Exit opportunity It’s no secret at this point that […] → Read More

NFT summer in New York is in full swing amid crypto winter –

The NFT NYC conference this week has brought hordes of web3 enthusiasts to Times Square in an extravagant celebration that stands out against the much-less-exuberant crypto market. There have been yacht parties, celebrity cameos and even a Snoop Dogg impersonator running around the event. Hello and welcome back to the Chain Reaction podcast, where we unpack and […] → Read More

Cryptoys banks a16z funding to build NFTs for kids –

The past several months haven’t been entirely kind to the NFT market — while transaction volume hasn’t stuttered too significantly, the dollar amount invested in the space has been in free fall as cryptocurrency prices have taken a historic dive. With that as background, it might not seem like the best time to launch an […] → Read More

Uniswap acquires NFT marketplace aggregator Genie –

The past few weeks have been a dark time for NFT lovers and players in the cryptocurrency industry, but for startups and executives that are dug into the vision of a crypto future, it’s also been an opportunity to double down. This week, Uniswap announced that it has made a new acquisition, buying up NFT […] → Read More

Box CEO Aaron Levie on where web3 doesn’t make sense –

It’s been a rough week for the crypto community as top tokens have seen massive selloffs, pushing some in the space to double down while leaving others to take stock off how the industry got to this point and what widely accepted truths need to be re-evaluated as the crypto internet matures. There haven’t been […] → Read More

Down bad –

Welcome back to Chain Reaction. Last week, we talked about layoffs and the Winklevoss rock gods. This week, we’re looking at a new layer of crypto doom and gloom. Get this newsletter in your inbox every Thursday by subscribing on TechCrunch’s newsletter page. crash redux We’ve talked crypto crashes a couple times already in the […] → Read More

Bitcoin falls below $20,000 and Ethereum sinks past $1,000 as crypto market free fall continues –

The crypto market suffered one of its most dramatic selloffs in years this week as the prices of top cryptocurrencies declined as much as 40% week-over-week as fears of a broad economic recession intensified. On Saturday, the total global market cap of cryptocurrencies sank below $850 billion as top tokens tumbled. Ethereum is trading at […] → Read More

Dogecoin investor sues Elon Musk, Tesla and SpaceX for $258 billion

A class action lawsuit was filed Thursday by a Dogecoin investor who is accusing Elon Musk, Tesla and SpaceX of inflating the price of the cryptocurrency. → Read More

As crypto selloff accelerates, how much worse can things get? –

The crypto markets buckled this week as fears of cascading failures of key blockchain finance players showed just how fragile things are for the asset class, which dipped below a $1 trillion total market cap as Bitcoin and Ethereum led a plunge in token prices. There was plenty for us to talk about this week’s […] → Read More

Andreessen Horowitz’s Sriram Krishnan on crypto social networking –

Web3 has plenty of money going for it — well, yes quite a bit less than a few months ago — but it’s still hard to argue that mainstream consumers have lined up to embrace web3 internet services. There have been some flash-in-the-pan hits so far, but investors are still searching for consumer use cases […] → Read More

The Winklevoss twins rock on –

Welcome back to Chain Reaction. Last week, we talked about an arrest in the crypto world that had investors sweating. This week, we’re talking about rocking through the general malaise of a crypto winter. You can subscribe to this newsletter and get it in your inbox every Thursday on TechCrunch’s newsletter page. blockstars Crypto has […] → Read More

Barely outpacing snails, US lawmakers ponder regulating crypto –

The United States government took a long-anticipated first step toward comprehensive regulatory clarity for the digital asset space this week in the form of a new bipartisan Senate bill. As much as crypto bulls insist it’s still early days for the industry, it’s even earlier days for U.S. regulators — the bill isn’t expected to […] → Read More

Apple brings ‘undo send’ to iMessage –

Apple is in the midst of showing off their latest and greatest software updates at WWDC 2022, but they’ve already debuted a few features that will make a big impact on iOS users. Software engineering SVP Craig Federighi announced new updates to its messaging capabilities Monday. The company debuted a trio of updates to iMessage […] → Read More

The arrest heard ’round the crypto world –

Hey everyone, and welcome back to Chain Reaction. Last week, we discussed $4.5 billion in new crypto funds from a16z. This week, we’re talking about the arrest that has everyone in the NFT space sweating bullets. If you want to get this in you inbox every Thursday afternoon, you can subscribe on TechCrunch’s newsletter page. […] → Read More

Terra’s Do Kwon looks for redemption with Luna token rebirth

Chain Reaction is a weekly TechCrunch podcast where we unpack the latest crypto news, drama and trends, breaking it down block by block for the crypto curious. → Read More

Athleisure icon Ty Haney raises $9.8M in fresh funding for her blockchain rewards startup

Outdoor Voices founder Ty Haney made a name for herself by making sportswear the hottest trend among non-athletes. Now, the 33-year-old entrepreneur is betting she can bring together another underrated duo — consumer brands and crypto. Haney joined TechCrunch’s Chain Reaction podcast this week to talk about her latest venture, Try Your Best (TYB). The […] → Read More

Former OpenSea exec arrested and charged with insider trading of NFTs –

A top former executive at the highly valued NFT startup OpenSea was arrested Wednesday and charged “with wire fraud and money laundering in connection with a scheme to commit insider trading,” according to a press release from the U.S. Attorney’s Office in the Southern District of New York (SDNY). TechCrunch previously covered the firing of […] → Read More

Why web3 companies get hacked so often, according to crypto VC Grace Isford –

On the Chain Reaction podcast this week, Lux Capital’s newest investor, Grace Isford, joined us to talk about the opaque but crucial world of web3 infrastructure. At Lux, Isford invests in the companies working behind the scenes to make sure crypto exchanges are secure and reliable enough to avoid being hacked. Before joining Lux this February, […] → Read More

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-dollar bet on web3’s continued viability. Read on to check out the latest episode of the Chain Reaction podcast as well. To get this in your inbox […] → Read More

Foursquare founder banks funding for mystery 3D social network startup

LivingCities is a "social layer" for consumers based around interacting with virtual spaces that capture the "spirit" of real-life geographies and cities. → Read More