Crypto | TechCrunch

Trading-focused blockchain Sei raises $30M, bringing valuation up to $800M

Sei, a layer-1 blockchain focused on trading, has raised $30 million at a valuation of $800 million, Jayendra Jog, co-founder of Sei Labs, exclusively told TechCrunch. While many Layer-1 blockchains p

a16z’s crypto report anticipates developer growth as blockchain scaling solutions expand

Blockchain growth will come via scalability, resulting in developers being excited to experiment and create new products.

As crypto startup valuations come back to Earth, big investors are bargain hunting

Crypto funding declined last quarter, but investors behind the largest funds deploying capital in the space are sticking to their guns.

a16z will ‘continue to tailor’ its multibillion-dollar crypto funds to market opportunities, GP says

For this week’s episode of Chain Reaction, Jacquelyn interviewed Arianna Simpson, general partner at Andreessen Horowitz (commonly known as a16z).

TechCrunch’s crypto-focused podcast Chain Reaction is nominated for a Webby Award

Every week something newsworthy (or chaotic) transpires in the wild world of crypto. And this week was no different, but for somewhat personal reasons. I’m excited to share that the podcast I host,

Can Arbitrum’s recently formed DAO recover from its messy week?

The TechCrunch Podcast Network has been nominated for two Webbys in the Best Technology Podcast category. You can help TechCrunch win by voting for Chain Reaction, which digs into the wild world of cr

The US is losing crypto talent as blockchain devs seek safer havens

The number of blockchain developers in the US has declined every year since 2017, leaving some concerned for America’s crypto future.

Blockchain builder Ava Labs partners with Korea’s SK Planet to expand Asia footprint

Ava Labs, a company that launched the layer-1 blockchain Avalanche, has partnered with SK Planet, a data management and marketing platform unit of South Korean company SK Square. SK Planet will launch

Blockchain messaging protocol LayerZero raises $120M, hitting $3B valuation

LayerZero Labs, a web3 messaging protocol, has closed a $120 million Series B round, raising its valuation to $3 billion from $1 billion, the company said on Tuesday. Unlike Web 2.0 messaging platform

Zealy is an achievement system for web3 communities

Zealy helps web3 companies engage with their communities by giving them tasks that they can achieve in exchange for various rewards.

Twitter’s new homepage logo is very doge-y

Breaking news: A 51-year-old man has made a joke that reeks of the same sophistication a 13-year-old boy might bring to Reddit. After Twitter’s botched attempt to remove legacy blue checkmarks f

Twitter’s new dog icon is sending dogecoin — sigh — to the moon

Today Twitter users are noticing that an image of a dog has been added to a place of prominence. You can see it for yourself on Twitter.com, where you will be greeted with a pup: The particular dog im

Hong Kong is charting its own web3 path despite China’s anti-crypto stance

While these developments are encouraging signs to some, others question whether the semi-autonomous region has the right conditions for building all forms of web3 organizations and businesses to thriv

Investors unfazed by Q1 crypto funding decline

Crypto-focused venture capital investors remain confident in the market as total capital raised dropped in the first quarter.

Crypto market cap unaffected on the week amid more US lawsuits

If you thought last week was crazy with the SEC clamping down on major crypto companies like Coinbase and Tron, you should buckle up for this week’s news.

Smoakland is testing a loophole to sell cannabis by credit card

What do you do when you have a very successful and popular product (marijuana) that is legal in some places, but federally has been a Schedule 1 drug since 1970? Well, you can’t rely on any nati

Crypto wallet company Ledger raises another $108 million

French startup Ledger has added more money to its Series C funding round. The company designs and manufactures so-called hardware wallets to secure crypto assets. In 2021, the company raised €356 mi

Web3 protocol Polytrade raises $3.8M to improve global trade

Polytrade, a web3 protocol focused on global trade, has raised $3.8 million in a seed round led by Alpha Wave, Matrix Partners, Polygon Ventures and CoinSwitch Ventures, the startup exclusively told T

Blockchain startup Fetch.ai grabs $40M to provide monetization and other tooling for AI-generated information

AI is riding high on a curve of hype, which means some of the practical questions that might grow louder over time — the many costs (financial and social), the business models — may not be

Are cryptocurrencies commodities or securities? Depends on which US agency you ask

As the CFTC and SEC diverge over whether cryptocurrencies are commodities or securities, market players feel confusion and want clarity.

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