Lucas Matney, TechCrunch

Lucas Matney

TechCrunch

Chicago, IL, United States

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Recent articles by Lucas:

Apple’s biggest scandal of 2022 is already happening –

Hello friends, and welcome back to Week in Review! I’ve taken the last few weeks to unwind and ensure that my 2022 hot takes are as scorching as possible, or at least as prescient as possible. This week, we’re talking about what I’m sure could be one of Apple’s biggest scandals of the decade thus […] → Read More

NFT kingpin OpenSea lands $13.3B valuation in $300M raise from Paradigm and Coatue –

The NFT auction marketplace OpenSea had a blockbuster 2021 and as a result is seeing its private valuation grow more quickly than almost any other startup. The crypto firm announced late Tuesday that it closed a $300 million Series C round led by Paradigm and Coatue. The raise valued the startup at a massive $13.3 […] → Read More

Skydio debuts updated $1099 self-flying drone with new bells and whistles –

Skydio’s self-flying drone is getting a host of new software, hardware and services updates to ring in the new year. The Bay Areas-based drone company is revamping their flagship drone with a host of features designed around usability and range, along with a major software update focused on bringing more control to users without forcing […] → Read More

Justin Kan’s NFT platform suffers rocky debut as scammer makes off with $150k in user funds –

Despite billions in VC investment, many Web3 crypto platforms still don’t seem to have thought through user protection quite enough in their quest to seize on the excitement and money flowing through the system. Case in point, today Justin Kan’s NFT platform Fractal suffered a security breach when a scammer hacked the announcement bot for […] → Read More

General Catalyst invests $7M in AR startup selling NFT jetpacks –

After months of NFT mania and Facebook’s recent name change to Meta, it’s fair to say that “metaverse” chatter has reached a fever pitch. And while crypto investors are buying up avatars and digital swaths of land in hopes that a digital universe will spring up around these projects, it’s unclear which projects — if […] → Read More

Sound.xyz raises $5M from a16z to explore how Web3 can upend the economics of the music business –

This year, we’ve seen plenty of evidence that NFTs can shake up the economics of selling visual art, but there’s been less activity when it comes to web3 upending the economics of different verticals in the art world, including music. Sound.xyz is a new startup looking to help recording artists monetize their community through NFTs, […] → Read More

Katie Haun is splitting off from a16z to launch her own crypto fund –

Katie Haun, who co-led Andreessen Horowitz’s $2.2 billion crypto fund, is splitting off from the firm and taking a number of colleagues with her to start a new crypto-centric fund, Axios reports. Haun joined the firm in 2018 after a career as a federal prosecutor for the Justice Department working on cyber crimes. She has […] → Read More

Andreessen Horowitz backs NFT investor group behind rare Wu-Tang Clan album purchase –

The crypto collective that bought Wu-Tang Clan’s ‘Once Upon a Time in Shaolin’ album and an NFT of the original Doge image has a new member: venture capital firm Andreessen Horowitz. The firm tells TechCrunch it has made an investment in PleasrDAO, a blockchain-aligned group of a few dozen crypto investors that have been teaming […] → Read More

Nike acquires NFT collectibles studio RTFKT –

Nike is taking a plunge deeper into the world of crypto collectibles, announcing that they’re acquiring the NFT studio RTFKT (pronounced “artifact”). The acquisition announcement comes at an opportune time for the studio, RTFKT is currently behind one of the most talked-about NFT project drops of the month — a sweeping avatar partnership with artist […] → Read More

‘Bored Apes’ shoots for the moon –

Few things have been more fascinating and frustrating to witness in 2021 than the rise of million-dollar NFT profile pic projects. The collections of 10,000 procedurally-generated JPGs earning market caps of hundreds of millions at the hands of seemingly naked speculation have bewildered skeptics and enriched acolytes. The promise for most of these projects has […] → Read More

Justin Kan debuts Fractal, a Solana-based marketplace for gaming NFTs –

While OpenSea has already seemed to win the lion’s share of NFT marketplace traffic, competing storefronts are still striving to find their niche and prepare for a future where NFTs mean more than tradable JPGs. Fractal, a new NFT marketplace co-founded by serial entrepreneur Justin Kan, is looking to capture that opportunity on a rising […] → Read More

Crypto gaming giant Dapper Labs takes its next shot with Genies NFT platform ‘The Warehouse’ –

As they near the end of a blockbuster year for NFTs that saw more than $10 billion in transaction volume, today’s NFT project developers are finding themselves facing an impasse — whether to chase today’s dollars or tomorrow’s users. Dapper Labs, maker of one of the year’s more mainstream breakout NFT hits NBA Top Shot, […] → Read More

Kickstarter plans to move its crowdfunding platform to the blockchain –

Crowdfunding platform Kickstarter is making a big bet on the blockchain, announcing plans to create an open source protocol “that will essentially create a decentralized version of Kickstarter’s core functionality.” The company says the goal is for multiple platforms to embrace the protocol, including, eventually, Kickstarter.com. Kickstarter is launching a new organization called Kickstarter… → Read More

Gift Guide: Camping gear you won’t regret buying –

Buying camping gear is all about making tradeoffs. Lightweight backpacking gear may be perfect for trips where you carry everything with you, but might not be quite as sturdy as the (generally cheaper) heavier options. Little luxury items can make a trip feel plush, but every dollar spent might make you a bit more wary to drop your pack and go for that lake swim. Like I said, tradeoffs! → Read More

Meta’s Messenger boss is leaving the company –

As Facebook transitions its corporate branding and organizes around a “metaverse” future, it seems a number of high-profile execs are departing. Last week, former Messenger boss and current crypto czar David Marcus announced he was leaving at the end of the year. Today, Meta’s current chief of the Messenger division Stan Chudnovsky announced he will […] → Read More

At ‘Lens Fest,’ Snap debuts creations tools for more sophisticated augmented reality experiences –

As Snap’s creators begin to experiment with the company’s augmented reality Spectacles hardware, the company is delving deeper into juicing the capabilities of its Lens Studio to build augmented reality filters which are more connected, more realistic and more futuristic. At the company’s annual Lens Fest event, Snap debuted a number of changes coming to […] → Read More

Long-time Lyft CFO departs to become CFO at NFT marketplace OpenSea –

Lyft’s long-time CFO Brian Roberts, who took the company public, announced Monday that he was departing the ride share company that he joined in 2014 to take the same role at NFT marketplace OpenSea. Roberts had confirmed earlier reports in a Twitter post The departure is another signal of how executives and engineers are migrating […] → Read More

Jack Dorsey dials in on his dream job — bitcoin missionary –

Hello friends, and welcome back to Week in Review! Last week, we took a break from contextualization for some guides to consumption. This week, we’re looking at what’s happening in the mind of one Jack Dorsey. You can get this in your inbox from the newsletter page, and follow my tweets @lucasmtny. the big thing While […] → Read More

Facebook’s top crypto executive David Marcus is leaving the company –

Facebook parent company Meta is losing its top crypto executive later this year. David Marcus who leads crypto unit Novi and previously helmed the company’s Messenger unit, announced Tuesday that he will be leaving the company later this year. Marcus joined Facebook in 2014. His departure marks another major exit from a long-time Facebook executive […] → Read More

Coinbase acquihires team behind BRD crypto wallet –

As crypto proponents look to onboard a new generation of users, one of the major consumer onramps has been a host of consumer wallet apps with slick interfaces. Today, Coinbase announced that it is bringing on the team from BRD — a crypto wallet startup that first launched its mobile wallet back in 2014. While […] → Read More