Crypto

Cryptocurrency coverage and news on major investments, tokens like Bitcoin and Ethereum, as well as blockchain and web3 startups that aim to build a more decentralized, community-owned future.

Proton’s first cryptocurrency product is a wallet called Proton Wallet that’s designed to make it easier to get started with bitcoin.

Proton releases a self-custody bitcoin wallet

WazirX, one of India’s largest cryptocurrency exchanges, has “temporarily” suspended all trading activities on its platform days after losing about $230 million, nearly half of its reserves, in a security…

WazirX halts trading after $230 million ‘force majeure’ loss

The Mumbai-based firm said one of its multisig wallets had suffered a security breach, and it was temporarily pausing all withdrawals from the platform.

WazirX halts withdrawals after losing $230 million, nearly half its reserves

Vitalik Buterin, the co-founder of Ethereum, issued a warning on Wednesday against choosing a candidate purely based on whether they claim to be “pro-crypto.” In a blog post, Buterin said…

Ethereum co-founder’s warning against ‘pro-crypto’ candidates: ‘Are they in it for the right reasons?’

Real-time payments are becoming commonplace for individuals and businesses, but not yet for cross-border transactions. That’s what Caliza is hoping to change, starting with Latin America. Founded in 2021 by…

Caliza lands $8.5 million to bring real-time money transfers to Latin America using USDC

We’re excited to invite Jesse Pollak to TechCrunch Disrupt 2024 to talk about the future of decentralization.

Jesse Pollak will tell us why Coinbase is launching its own Base blockchain at TechCrunch Disrupt 2024

CoinDCX, India’s leading cryptocurrency exchange, is expanding internationally through the acquisition of BitOasis, a digital asset platform in the Middle East and North Africa, the companies said Wednesday. The Bengaluru-based…

CoinDCX acquires BitOasis in international expansion push

Crypto platforms will need to report transactions to the Internal Revenue Service, starting in 2026. However, decentralized platforms that don’t hold assets themselves will be exempt. Those are the main…

IRS finalizes new regulations for crypto tax reporting

Worldcoin — the crypto “proof of personhood” startup co-founded by OpenAI’s Sam Altman — has been given the green light to resume iris-scanning and other operations in Kenya after a…

Kenya closes its probe of Worldcoin, opening the door to a relaunch of its orbs after a year-long suspension

When Urvashi Barooah applied to MBA programs in 2015, she focused her applications around her dream of becoming a venture capitalist. She got rejected from every school, and was told…

How Urvashi Barooah broke into venture after everyone told her she couldn’t

Stock-trading app Robinhood is diving deeper into the cryptocurrency realm with the acquisition of crypto exchange Bitstamp.

Robinhood acquires global crypto exchange Bitstamp for $200M

The next few weeks could be pivotal for Worldcoin, the controversial eyeball-scanning crypto venture co-founded by OpenAI’s Sam Altman, whose operations remain almost entirely shuttered in the European Union following…

Worldcoin faces pivotal EU privacy decision within weeks

President Joe Biden has vetoed H.J.Res. 109, a congressional resolution that would have overturned the Securities and Exchange Commission’s current approach to banks and crypto. Specifically, the resolution targeted the…

President Biden vetoes crypto custody bill

Japanese crypto exchange DMM Bitcoin confirmed on Friday that it had been the victim of a hack resulting in the theft of 4,502.9 bitcoin, or about $305 million.  According to…

Hackers steal $305M from DMM Bitcoin crypto exchange

Meme Depot, which launched earlier this week, is a startup aiming to create a new category called “meme tech.” More specifically, founder Alex Taub said…

TechCrunch Minute: Is meme tech the next big startup category?

Ledger, a French startup mostly known for its secure crypto hardware wallets, has started shipping new wallets nearly 18 months after announcing the latest Ledger Stax devices. The updated wallet…

Ledger starts shipping its high-end hardware crypto wallet

Accurate weather forecasts are critical to industries like agriculture, and they’re also important to help prevent and mitigate harm from inclement weather events or natural disasters. But getting forecasts right…

Deal Dive: Can blockchain make weather forecasts better? WeatherXM thinks so

Farcaster, a blockchain-based social protocol founded by two Coinbase alumni, announced on Tuesday that it closed a $150 million fundraise. Led by Paradigm, the platform also raised money from a16z…

Farcaster, a crypto-based social network, raised $150M with just 80K daily users

The new coalition, Tech Against Scams, will work together to find ways to fight back against the tools used by scammers and to better educate the public against financial scams.

Meta, Match, Coinbase and others team up to fight online fraud and crypto scams

Good news, crypto founders! Venture capital activity is picking up in the sector, recovering from the multiyear lows investments fell to in late 2023. Put…

$450M for Noname, two billion-dollar rounds, and good news for crypto startups

Bankruptcy lawyers representing customers impacted by the dramatic crash of cryptocurrency exchange FTX 17 months ago say that the vast majority of victims will receive their money back — plus interest. The…

FTX crypto fraud victims to get their money back — plus interest

Robert Kahn has been a consistent presence on the Internet since its creation — obviously, since he was its co-creator. But like many tech pioneers his resum�� is longer than…

Crypto? AI? Internet co-creator Robert Kahn already did it … decades ago

With U.S. regulators continuing to ramp up their scrutiny of crypto, startups and founders in the space are looking overseas to find friendlier climates to support their growth. One such…

Global crypto firms turn to Hong Kong for refuge — and opportunity

The graduates of Alliance DAO are often useful indicators of investor appetite and user adaption trends within the crypto space. The latest batch of the stage-agnostic crypto accelerator, unveiled today,…

Alliance DAO is attracting fewer US founders amid crypto crackdown

Four months behind bars and a massive fine, that’s what CZ is getting from the government for his crypto exchange’s misdeeds. Regardless of how you view the verdict — too…

TechCrunch Minute: Where CZ’s sentencing leaves the state of crypto

Featured Article

Haun Ventures is riding the bitcoin high

Haun Ventures has made 48 investments, including some of its token positions, across its early-stage $500 million and $1 billion later-stage acceleration funds.

Haun Ventures is riding the bitcoin high

Changpeng Zhao, also known as “CZ,” the founder and CEO of crypto exchange Binance, has been sentenced to four months in prison. Six days ago, the US Department of Justice…

Binance CEO ‘CZ’ sentenced to four months in prison

The company announced that it would start to let customers accept cryptocurrency payments, starting with USDC stablecoins, initially only on Solana, Ethereum and Polygon

After 6-year hiatus, Stripe to start taking crypto payments, starting with USDC stablecoin

Carv, a data layer platform that lets web3 gaming and AI companies, as well as gamers, control and monetize their data, has raised a $10 million Series A round led…

Carv raises $10M Series A to help gamers monetize their data

Block, the company behind Square, Cash App and other services, announced a new program today allowing merchants using Square’s solutions to convert a percentage of their daily sales to bitcoin.…

Block lets Square merchants convert a part of their daily sales to bitcoin