Worldcoin reveals “orb” scanner, aims to distribute cryptocurrency to 1 billion people.
Citcon raises $30M to make paying with mobile wallets ‘as easy as paying with a credit card’
Citcon, a mobile wallet payment provider, has closed on $30 million in funding in a Series C round co-led by Norwest Venture Partners and Cota Capital. Sierra Ventures and Sonae IM also joined the financing, which brings San Jose-based Citcon’s total raised since its 2015 inception to nearly $50 million. Citcon’s mission is straightforward: to […]
Hong Kong-based fintech XanPool raises $27M for its decentralized payment network
XanPool, a payment infrastructure provider that facilitates faster crypto and fiat settlements, announced today it has raised a $27 million Series A led by Valar Ventures. The round included participation from CMT Digital, Wise founder and chairman Taavet Hinrikus and existing investors Gumi Gryptos and Antler. The funding brings XanPool’s total raised since it was […]
Republic may build a secondary exchange for digital securities, fueled by $150 million in new funding
There’s plenty of frustration in the world of startups over when a digital asset does and does not constitute a security in the eyes of the Securities & Exchange Commission. Where many see regulatory murkiness, the five-year-old, New York-based investing platform Republic sees opportunity. Indeed, while many outfits grapple with whether to distance themselves from […]
Does the NFT craze actually matter?
Hello friends, and welcome back to Week in Review! Last week, we talked about Apple’s subscription addiction. This week, I’m diving deep into whether there’s actually any meaning to pull out of the NFT mania of 2021. If you’re reading this on the TechCrunch site, you can get this in your inbox from the newsletter […]
Ted Cruz says bitcoin will stabilize Texas electric grid—here’s why he’s wrong
Numbers and potential incentives just don’t add up.
Crypto remittances are a lifeline for the world’s most vulnerable
Crypto has already revolutionized remittances in unstable, conflict-ridden places. Afghanistan presents a textbook use case for cryptocurrencies in failed states.
‘Fantasy startup investing’ NFT platform Visionrare shuts down paid marketplace after a day in open beta
Just over 24 hours into its open beta, Visionrare, which launched an NFT marketplace for “fantasy startup investing,” is temporarily shutting down and refunding users who purchased shares, saying it will relaunch soon as a free-to-play game. The platform allowed users to bid on auctions of fake NFT shares of real startups, building up a […]
Coinbase CEO Brian Armstrong might not be having fun at work, you guys
Aside from billions in personal wealth and impressive levels of corporate control, what’s the point of being a successful tech CEO these days? I’m not asking in the abstract. There are tweets.
NFT startup Dapper Labs acquires virtual influencer startup Brud
Dapper Labs, the NFT startup behind NBA Top Shot which was recently valued above $7.5 billion, made an interesting acquisition this morning, telling Decrypt that they have purchased virtual influencer startup Brud and will be bringing the entire 32-person team aboard. Brud is best known for its digitally rendered social media influencer characters, specifically one […]