Crypto

China’s web3 community is rallying around the news of Tencent’s march into the decentralized land. On Wednesday, the social and gaming giant held its first global web3 summit in Singapore, which has emerged as a refuge for China’s blockchain developers after Beijing cracked down o

Google Cloud has partnered with the Tezos Foundation to grow its web3 application development and provide new services for its customers, the companies announced on Wednesday. “Tezos as an ecosystem has built a reputation in institutional and B2B onboarding,” Mason Edwards, chi

Earlier this afternoon Coinbase reported its fourth-quarter and full-year 2022 results. In response to the company's raw numbers, shares of Coinbase are off around 2.2% in after-hours trading as of the time of writing. (The company initially fell much farther before recovering to positive terr

Coinbase, the second-largest crypto exchange by trading volume, released its Q4 2022 earnings on Tuesday, giving shareholders and market players alike an updated look into its financials. In response to the report, the company's shares are down modestly in early after-hours trading.

Crypto exchange Coinbase has confirmed that it was briefly compromised by the same attackers that targeted Twilio, Cloudflare, DoorDash and more than a hundred other organizations last year. In a post-mortem of the incident published over the weekend, Coinbase said that the so-called “0ktapu

Kaito, an AI-powered search engine for crypto, raised $5.3 million in a seed round led by Dragonfly Capital, the company exclusively shared with technewss. “There’s constantly people fighting against information overload,” Yu Hu, founder and CEO of Kaito, said. “We are

As the U.S. government continues to rein in the crypto industry with a spate of regulations, other places are emerging as new hubs for the virtual asset industry. On Monday, Hong Kong proposed rules that would let retail investors trade certain “large-cap tokens” on licensed exchanges,

Japan is joining a growing list of countries exploring the possibility of adopting a digital currency, with the country’s central bank, the Bank of Japan (BoJ), announcing that it would launch a pilot to test a “digital yen” in April.  The move comes more than two years after the

"">African cross-border payments platform Chipper Cash conducted a second round of layoffs last Friday just 10 weeks after it cut approximately 12.5% of its workforce (affecting its engineering team the most). The company's VP of revenue shared the news on LinkedIn, saying “all areas” across

The U.S. Securities and Exchange Commission has charged the collapsed blockchain firm and stablecoin operator Terraform Labs and its founder Do Kwon with defrauding U.S. investors who purchased the digital assets Terra USD and Luna. The U.S. financial regulator accused Kwon and the Singapore-based

Ordinals, a Bitcoin-based NFT-like project, has expanded significantly over the past two weeks, but its creator, Casey Rodarmor, said he had no idea it would explode. “I thought I was building something good and I thought I was meeting an unmet market demand that NFT collectors had expressed a de

Stelo Labs, a web3 security company, raised $6 million in a seed round led by Andreessen Horowitz, the company exclusively told technewss. The company was co-founded by Ben Scharfstein, CEO, and Aman Dhesi, CTO. Both have backgrounds in product management — Scharfstein worked at

Amid signs of life in the NFT market, an NFT-focused startup, Thred, launched today to help users discover new collections, the company exclusively told technewss. “We think of it like a Yelp, Tripadvisor or Zillow of the space,” Ben Straley, founder and CEO of Thred, said to

As many observers question what real value blockchain can bring to video games, a conglomerate is vouching for the space. SoftBank Corp., the telecom operator arm of SoftBank Group, has joined Oasys, a blockchain designed for video games, as a validator. A validator is a node or computer that helps