The “eBay of NFTs” is running into a scandal as it admits one of its employees traded the crypto digital assets using insider information from the platform. Yesterday, a top executive at NFT platform OpenSea was accused of front-running sales on the platform, purchasing pieces from NFT collections before they were featured on the homepage […]
SEC wants to regulate Coinbase’s crypto yield product, Coinbase disagrees
Coinbase CEO Brian Armstrong has reacted strongly to the company’s current relationship with the U.S. Securities and Exchange Commission. According to him, the SEC is threatening to sue the cryptocurrency exchange if it launches its yield-generating product called Coinbase Lend. With this new product, Coinbase wants to compete with popular decentralized finance (DeFi) products, such […]
SEC threatens to sue Coinbase over lending product
Cryptocurrency exchange’s chief accuses US regulator of “sketchy behavior.”
“A cruise ship is not very good for people who want to be free.”
The disastrous voyage of Satoshi, the world’s first cryptocurrency cruise ship According to Harris, Koch wanted to try to make the ship more fuel-efficient by installing a smaller engine, which he thought he could do while the ship was at anchor. “We …
Indian crypto exchange CoinSwitch Kuber in talks to raise funds at unicorn valuation
Indian crypto exchange CoinSwitch Kuber is in advanced stages of talks to raise a new financing round at up to $2 billion in valuation, several sources familiar with the matter told TechCrunch. If the talks materialize in a deal, CoinSwitch Kuber will become the second crypto startup in the world’s second largest internet market to […]
The Loot project flips the script on NFTs
Editor’s note: Kyle Russell is the founder of Playbyte, a startup building an app that lets people make games on their phones. Last Friday, Dom Hofmann tweeted the launch of Loot, one of his new projects looking at games and game creation through the lens of NFTs: LOOT – randomized adventurer gear– no images or stats. […]
Crypto platforms need regulation to survive, says SEC boss
$2 trillion industry is too big to exist outside of “public policy framework.”
Offchain Labs raises $120 million to hide Ethereum’s shortcomings with its Arbitrum product
As the broader crypto world enjoys a late summer surge in enthusiasm, more and more blockchain developers who have taken the plunge are bumping into the blaring scaling issues faced by decentralized apps on the Ethereum blockchain. The popular network has seen its popularity explode in the past year but its transaction volume has stayed […]
Coinbase erroneously reported 2FA changes to 125,000 customers
The unexpected 2FA notifications led some customers to panic sell everything.
CryptoPunks blasts past $1 billion in lifetime sales as NFT speculation surges
Hello friends, and welcome back to Week in Review! Last week we dove into Bezos’s Blue Origin suing NASA. This week, I’m writing about the unlikely and triumphant resurgence of the NFT market. If you’re reading this on the TechCrunch site, you can get this in your inbox from the newsletter page, and follow my […]