Category Archives: Crypto

Last week, Solana (SOL) fell to its lowest level since February 2021. But its price has risen over 12% in the past 24 hours on Tuesday after almost nine days of consecutive losses that brought its price to around $8 on Friday. Amid Solana’s movement, the two largest cryptocurrencies by market cap, bitcoin and ether,Continue reading “Solana price spikes as newly launched dog coin BONK gains community hype”

Last week, Solana (SOL) fell to its lowest level since February 2021. But its price has risen over 12% in the past 24 hours on Tuesday after almost nine days of consecutive losses that brought its price to around $8 on Friday. Amid Solana’s movement, the two largest cryptocurrencies by market cap, bitcoin and ether,Continue reading “Solana price spikes as newly launched dog coin BONK gains community hype”

Hot on the heels of Ledger announcing it’s working with iPod creator Tony Fadell to create its newest hardware wallet, competing hardware wallet startup Foundation Devices announced it has raised a $7 million seed round to double down on its “sovereign computing platform,” which it says is empowering its users to “reclaim their digital sovereignty.”Continue reading “Foundation raises $7M to return ‘sovereignty’ to a chaotic crypto world”

PayPal is primarily known as an online payment method. But the company wants to become an easy way to get started with cryptocurrencies. In that regard, ConsenSys, the company behind MetaMask, announced that it would add an integration in its crypto wallet so that users can buy cryptocurrencies using their PayPal account. MetaMask is oneContinue reading “PayPal and MetaMask team up to make it easier to buy crypto”

Aztec Network, a privacy layer for web3, has raised $100 million in a Series B round led by Andreessen Horowitz (a16z), the startup’s co-founders Zac Williamson and Joe Andrews exclusively told TechCrunch. “At a high level, Aztec is an encrypted version of Ethereum,” Andrews said. “Normally on Ethereum everything is public, but we are makingContinue reading “Aztec Network takes on encrypted blockchains with $100M round led by a16z”

Welcome back to Chain Reaction. If you’re reading this, I’m willing to bet you probably weren’t arrested this week and are now sitting in a Bahamian jail. But, you know who was arrested and is sitting in a Bahamian jail right now? Yep, FTX’s former CEO, Sam Bankman-Fried. Seems like the majority of the headlinesContinue reading “SBF’s handcuffs aren’t loosening up anytime soon”

Amber Group, a Sequoia- and Temasek-backed crypto trading firm, has closed a hefty $300 million Series C funding round as the collapse of FTX shakes the crypto world. The news, which the Singapore-based firm announced on Twitter Friday morning, follows on the heels of a Bloomberg report claiming that the crypto trader has ditched aContinue reading “Crypto trader Amber raises $300M as it seeks protection for FTX-hit customers”

Global audit firm Mazars has deleted the website that hosted proofs-of-reserves work for cryptocurrency exchanges. The company told Bloomberg that it is suspending its work with crypto companies on proofs-of-reserves reports going forward. Mazars appeared a few times in crypto news over the past few weeks because it started issuing those reports for cryptocurrency exchanges.Continue reading “Audit firm Mazars ceases proof-of-reserves work for Binance and others”

This week, I talked with Tim De Chant about his coverage of fusion energy and what feels like a rare hopeful story in renewable energy tech. And Jacquelyn Melinek walks us through Sam Bankman-Fried’s alleged crimes and confirmed arrest. Plus, as always, we go over the top stories in tech from the week. Articles fromContinue reading “SBF doesn’t need SPF where he’s going and other TC news”