Burnt Finance is a crypto startup which, as a stunt, burnt a Banksy artwork and but then the NFT they’d minted for it for $400,000, double what it cost on the ‘normal’ open art market. Based on the idea that auctions for NFTs could be improved, it went on to raise $3 million for a […]
Global Processing Services adds $100M to its coffers to grow its embedded finance and API payments platform
Embedded finance continues to be the engine driving the growth of fintech, with one group of companies building core banking, payments and other financial technology, and a much bigger group tapping that technology through APIs to build customer-facing businesses. Today, one of the bigger players on the core technology side — Global Processing Services — […]
The Japanese Internet Reacts To Square Enix’s Crypto Plans
On January 1, Square Enix CEO Yosuke Matsuda (pictured) decided to ring in the New Year with the company’s plans for things like blockchain and NFTs. Read more…
Best of TechCrunch 2021
We asked our staff to vote on their favorite stories of the year, added evergreen content and our top TC+ articles for a well-rounded 2021 list. Enjoy!
Is cryptocurrency an alternative to remittances or an additive factor?
Is cryptocurrency an effective replacement for remittances? No, at least not yet.
Sectors where New Zealand startups are poised to win
New Zealand has historically been capital-starved, but recent investments have increased access to early-stage VC funding. Now, certain industries are emerging as areas where New Zealand can win.
Crypto mayors on the rise
One mayor is certainly notable, and two mayors a pattern. But with more than three mayors on board the bitcoin bandwagon, it’s clearly a trend.
Ubisoft Boss Tells Employees That NFTs Are Just The Beginning
Ubisoft CEO Yves Guillemot held a video Q&A this week to try and reassure developers about the company’s controversial new push behind NFTs, according to multiple sources who were in attendance. But they said his answers were vague and leaned on bu…
‘PayPal for Crypto’ wannabe Ramp raises $52.7M Series A round led by Balderton Capital
In the same way that PayPal and Stripe radically changed online payments by allowing any online service to embed payments, the race is on to have the same impact on crypto assets. To this end, players such as Wyre (raised $29.1M) and MoonPay (raised $555M) have risen to the fore. But in the Summer of […]
Ubisoft Devs Don’t Understand Company’s NFT Push, Either
Last week Ubisoft revealed its new NFT tech platform, called Quartz, and it didn’t go well. The announcement that Tom Clancy’s Ghost Recon Breakpoint would be the first game to implement cryptocurrency-backed items was downvoted on YouTube over 40,000 …