The creator of one of the earliest and most enduringly iconic virtual worlds is returning to his roots. Second Life’s founder Philip Rosedale will rejoin the company he founded in 1999 as a strategic advisor after High Fidelity, the spatial audio company Rosedale co-founded in 2013, invested in Second Life’s developer Linden Lab. The deal […]
WTF is .xyz?
If you’ve visited a crypto company’s website recently, you’ve probably visited a URL ending in “.xyz” instead of its cheugier counterpart, .com. From fintech Block, formerly known as Square, to venture firm Paradigm, to blockchain startups like Mirror, .xyz has become the go-to URL ending for many web3 companies. But what does it mean, and […]
$500 Neopets NFTs Are So Sad Most Of Them Are Crying
As threatened back in September, the lovable childhood heroes known as the Neopets have turned to the dark side, transformed randomly into a series of non-fungible tokens and sold to folks interested in owning their own small slice of the death of our …
Utopia Labs is building an operating system for DAOs
Decentralized autonomous organizations, or DAOs, are all the rage at the moment. We’re seeing explosive growth in this sector as people experiment with building companies on top of tokens and smart contracts. And where new organization types bloom, so does the need for infrastructure. Utopia Labs is a team of four founders who met on […]
OpenSea admits incident as top exec is accused of trading NFTs on insider information
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 […]
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 […]