Crypto

Hackers stole around $62 million from Curve Finance on Sunday, causing a ripple effect throughout the crypto sector and raising questions about the strength of the decentralized finance ecosystem. Curve is one of the largest decentralized exchanges (DEX) in the crypto market today, with about $1.67

As the crypto market continues to deal with depressed prices, many traditional investors are shying away from the sector as they seek safer abodes for their capital. Mega VC firm Sequoia Capital is the latest to do so, with the firm paring down two major venture funds, including its crypto fund, in

Many projects and companies would simply give up if they'd been hacked and had hundreds of millions stolen from their ecosystem partners, but it appears Wormhole isn't one of them. Last year, an attacker exploited a vulnerability in the Wormhole liquidity bridge between the Ethereum and Sol

The crypto payments space is seeing a surge of activity these days as developers strive to make decentralized finance as user-friendly as web2 experiences. Eco Inc., an a16z-backed payments startup that’s raised $95 million in funding to date, just unveiled a decentralized payments project ca

The Avalanche Foundation is allocating up to $50 million to purchase tokenized assets created on its layer-1 blockchain, the company exclusively told technewss. The initiative, Avalanche Vista, aims to highlight the value of tokenization in different sectors like equity, credit, r

Cryptocurrency mobile wallet Zengo has introduced a handful of new features combined with a new premium subscription called Zengo Pro that costs $20 per month. This new, optional subscription brings additional security features for users who have a lot of crypto assets or who are really concerned a

Worldcoin, Sam Altman’s audacious eyeball-scanning crypto startup, has started the global rollout of its services to help build a reliable solution for “distinguishing humans from AI online,” enable “global democratic processes” and “drastically increase economic

Last week, the crypto community celebrated a U.S. federal court case that ruled Ripple's XRP token does not make up illegal securities sales — but only in some cases. Though many celebrated the ruling, it's not a true win for crypto. Judge Analisa Torres, who presided ove

As other venture capitalists veer away from the crypto world in hopes of finding other promising startups, CoinFund is doubling down on its investment into the world of web3 with a new $158 million fund. The oversubscribed pool of capital, or CoinFund Seed IV Fund, initially had a target fundraisin

Even amid the crypto winter, some web3 companies are racking up hefty valuations. P0x Labs, the team behind Manta Network, a privacy-preserving protocol running on the Polkadot blockchain, announced today that it has reached a $500 million valuation following a $25 million Series A funding round. L

As crypto and blockchain technology gain more attention among regulators, many are asking, “What are some use cases for the industry beyond making money?” all in an effort to define why it exists in the first place. To help keep track of these use cases, Polygon Labs la

The world of cryptocurrency has often been criticized for being exclusive, catering primarily to speculators and crypto-savvy individuals. Despite this, many advocates believe that the underlying decentralized technology has the potential to benefit society as a whole. Gnosis, a well-regarded block

The now-bankrupt crypto lending firm Celsius Network and its former CEO and co-founder Alex Mashinsky faced several lawsuits on Thursday morning from three separate American entities: The U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Federal

Google has updated its mobile software marketplace policy to allow application developers to integrate digital assets like NFTs into their games through its Play app store, the company's group product manager Joseph Mills announced on Wednesday. As part of the policy update, Mi