Crypto

Phantom, a crypto wallet for Solana blockchain users, will start supporting the Ethereum and Polygon blockchains in a public launch across browsers, iOS and Android on Monday, May 1, at 9 a.m. EST, the company exclusively told technewss. Support for the two new blockchains was ori

For all the investment speculation and hype, cryptocurrency has so far struggled to find meaningful use cases. Now there’s some effort from Singapore to turn the general public into crypto adopters through blockchain payments. Cosmose AI, a nine-year-old company that uses AI analytics to trac

The Internal Revenue Service (IRS) plans to send four agents who specialize in investigating cybercrime to Australia, Singapore, Colombia, and Germany starting this summer. These four new positions represent a significant increase in the IRS's global efforts to fight cybercrimes, such as those

One of the biggest drivers for digital identity is to be able to verify who you are and that what you're saying is real amid the extreme (and somewhat scary) growth of artificial intelligence technology. While there's a lot of hype around owning your own digital identity, there is a lot of

The NFT market may be down from its 2021 peak, but founders, builders and collectors alike are still flooding into the space. And many are looking for fresh capital. Despite NFTs being a part of the web3 world, traditional business mechanics are unavoidable for founders in the post

The Securities and Exchange Commission announced Monday that it’s charging Bittrex, a crypto exchange, “for operating an unregistered national securities exchange, broker and clearing agency.” The SEC is also charging Bittrex’s foreign entity for “failing to register a

Aging payment rails is not a new problem for the U.S. banking infrastructure, but Silicon Valley Bank's collapse put it in the spotlight, especially for payment companies that had their payment rails with the bank. A payment rail is a network for how payments move from the payer to the payee. W

It’s been more than a decade since I first starting covering Bitcoin, and I feel like I’ve seen the ups and downs of crypto. From the Mt. Gox days through the ICO boom and the later NFT cycle, it’s been a fascinating ride. The web3 world that Bitcoin kicked off back in 2009 has be

As the collapses of Signature Bank and Silvergate sent crypto companies scrambling, a virtual bank from Hong Kong is extending a warm welcome to web3 startups. Hong Kong-based ZA Bank is now allowed to serve as the settlement bank for regulated web3 companies in the city, the company said today at

Sei, a layer-1 blockchain focused on trading, has raised $30 million, Jayendra Jog, co-founder of Sei Labs, exclusively told technewss. A company spokesperson shared an $800 million valuation for the round with technewss prior to publication. While many Layer-1 blockchains provid

As the crypto market continues to find its footing in an ever-shaky climate, Andreessen Horowtiz, which launched a $4.5 billion web3 fund last year, released its second State of Crypto report. It dives into everything from blockchain activity to new technologies, but one theme that stands out is t

Crypto funding might have declined last quarter, but investors behind the largest funds in the space are sticking to their guns. “There's always going to be a need for big funds and investors to help the startups get the funding they need,” Lydia Chiu, vice president of Bus

Ava Labs, a company that launched the layer-1 blockchain Avalanche, has partnered with SK Planet, a data management and marketing platform unit of South Korean company SK Square. SK Planet will launch Avalanche Subnet UPTN to offer web3 infrastructure in South Korea.  The partnership comes less th

LayerZero Labs, a web3 messaging protocol, has closed a $120 million Series B round, raising its valuation to $3 billion from $1 billion, the company said on Tuesday. Unlike Web 2.0 messaging platforms like WhatsApp and Telegram, this messaging protocol lets users send different ty