Category Archives: Crypto

Do Kwon, the founder of Terraform Labs, has reportedly been arrested in Montenegro, according to a local government official. On Thursday morning, Filip Adzic, the minister of interior of Montenegro, tweeted in Bosnian that Kwon was arrested at the airport in Podgorica, the capital of Montenegro, with falsified documents. Adzic added that they were waitingContinue reading “Terra creator Do Kwon reportedly arrested at Montenegro airport”

American crypto giant Coinbase received a Wells notice today from the Securities and Exchange Commission (SEC). In the wake of Coinbase’s filing regarding the Wells notice, shares of the company are off sharply in after-hours trading. Per a Coinbase SEC filing regarding the matter, the company writes that the government agency’s staff has “advised the CompanyContinue reading “Coinbase stock drops after SEC Wells notice, a possible prelude to ‘enforcement action’”

The U.S. Securities and Exchange Commission sued Justin Sun, the founder of Tron, on allegations of orchestrating “unregistered offer and sale, manipulative trading and unlawful touting of crypto asset securities,” the agency stated Wednesday. The SEC said it was suing Sun, his Tron foundation, the BitTorrent Foundation and BitTorrent (now referred to as Rainberry) overContinue reading “SEC sues Tron founder and celebrities, including Lindsay Lohan, Jake Paul and Soulja Boy, for crypto securities violations”

Stephen Aschettino Contributor Share on Twitter Stephen Aschettino is head of fintech, United States, at law firm Norton Rose Fulbright US LLP. More posts by this contributor Want to survive the crypto winter? Start by inspiring regulatory confidence Mayling Blanco Contributor Mayling C. Blanco represents corporations and individuals in white collar defense, government investigations andContinue reading “3 tips for crypto startups preparing for continued compliance”

While LinkedIn is helpful for displaying people’s educational and professional achievements, there exists a world of self-taught tech talent whose skills are not so easily reflected on the networking site. Rather, their expertise is hidden in the lines of code they write. Aspecta is trying to fill that gap by providing an AI-powered profile builderContinue reading “Aspecta nabs $3.5M to build AI-vetted coder profiles”

Magic Eden, one of the largest cross-chain NFT platforms, launched a Bitcoin marketplace for digital artifacts, the company shared on Tuesday. “We are already a multichain platform and believe that adding Bitcoin will connect us to a deep community of people and a rapidly growing collectibles market thanks to Ordinals,” Zhuoxun Yin, COO and co-founderContinue reading “Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow”

After calling off its plans to go public via a SPAC at a $10.4 billion valuation in 2022, trading platform eToro has secured $250 million in funding at a $3.5 billion valuation. The money is not a typical equity round: it comes by way of an Advanced Investment Agreement (AIA), eToro founder and CEO YoniContinue reading “eToro secures $250M at a $3.5B valuation after scrapping SPAC, seeing slower growth”

Seed Club, a DAO-focused accelerator program, has launched its venture arm out of stealth mode with a $25 million fund, the team shared exclusively with TechCrunch. “Seed Club is a DAO for builders at the intersection of builders and culture with three areas: an accelerator, a community of members and now the venture arm,” saidContinue reading “Seed Club Ventures emerges from stealth with $25M fund focused on DAOs”

OP3N, a web3 AI-powered platform, raised a $28 million Series A round that values the company at $100 million, the startup shared exclusively with TechCrunch. “I wanted to make a connection for creators, chats and commerce in one place,” Jaeson Ma, co-CEO of OP3N, said to TechCrunch. “It’s a web3 version of WhatsApp meets Amazon,Continue reading “OP3N raises $28M to build ‘WhatsApp meets Amazon’ for web3”