FTX wants politicians and PACs to return their donations

FTX and its affiliated debtors have sent confidential letters asking politicians, PACs and other recipients of funds to return donations made by the crypto exchange once valued at $32 billion. The recipients are being asked to return donations — or potentially face repercussi

NFT market shows signs of recovery as January trading volumes hit 7-month high

It appears the NFT market is slowly getting back on its feet. Trading volumes rose for two months straight, with January scoring the highest volumes since June last year, according to the Dapp Industry Report: January 2023. The growth in January marked a stark difference from the t

Binance to terminate tech offerings to estranged India partner WazirX

Binance will stop offering its wallet and other tech services that it provided to WazirX, escalating tension with the Indian crypto exchange that it once sought to acquire. The world's largest crypto exchange cautioned on Friday that Zanmai, the firm that operates the WazirX exchange, has not f

BlockJoy raises $12M to help cut operating costs for businesses running blockchain nodes

BlockJoy, a startup providing white label blockchain nodes as a service, raised a total of $12 million from its seed and Series A rounds, the company exclusi1vely shared with technewss. The Boston-based startup aims to reduce operating costs by up to 80% for enterprises running st

India’s retail giant Reliance to accept CBDC at stores

Reliance Retail, India's largest retail chain, will start accepting retail payments in digital rupee in a move that could supercharge the adoption of the country's recently launched CBDC. The Mukesh Ambani-led firm said it has partnered with ICICI Bank, Kotak Mahindra Bank and fintech Innov

Coinbase’s asset recovery tool just saved my bacon

Last year, Coinbase launched an asset recovery tool for people who really don’t understand how blockchain works, and think they can send CDAI coins to an Ethereum wallet. I know that sounds like a pretty specific example, and I am able to make it because I am the numpty that made that mistake

Addressable raises $7.5M to match crypto wallets to Twitter accounts. But how?

Marketo, which was developed — among other things — to enhance marketing around social media users, ended up being acquired by Adobe. Now a new startup hopes to do what Marketo did in Web 2.0, but this time in web3. Addressable has a digital fingerprinting startup that claims to be able

Enterprise blockchain adoption may grow as hybrid use cases evolve

While crypto markets remain volatile, enterprise blockchain adoption is continuing to grow as businesses find new use cases for the technology, according to Daniela Barbosa, general manager of blockchain and identity and Hyperledger executive director at The Linux Foundation. One of the biggest dem

Lost your crypto amid Chapter 11 bankruptcy filings? You’re probably not getting it back

If you lost access to your money when the crypto firm holding your assets filed for bankruptcy, then you’re probably out of luck getting it back. As Chapter 11 bankruptcy proceedings move forward for several big-name crypto companies, those who lost funds are surely hoping to get all — or a

Haun Ventures leads Sovereign Labs' $7.4M seed round to help scale blockchains

Sovereign Labs has raised $7.4 million in seed funding led by Haun Ventures, co-founders Preston Evans and Cem Özer told technewss. The startup is building an “open, interconnected rollup ecosystem” with a software development kit (SDK) to provide a framework for secure and interoperable zero

Sorare teams up with the Premier League for its NFT fantasy football game

French startup Sorare has signed a four-year licensing partnership with the Premier League. This is an important move for the company as the English football league is one of the most-watched sports leagues in the world. Sorare is a fantasy sports gaming experience based on NFTs, or non-fungible to

Laid off from your crypto job? Here’s what founders are looking for in new talent

Layoffs continue to spread across the crypto job market amid macroeconomic volatility and bearish market sentiments, but there are still plenty of startups looking to hire fresh talent. Crypto firms like Coinbase and Crypto.com have cut employees in recent weeks, which has increased the talent pool

Injective launches $150M ecosystem fund to accelerate interoperable infra and DeFi adoption

Injective, a layer-1 blockchain focused on building financial applications, has launched a $150 million fund ecosystem initiative, the platform's CEO and co-founder, Eric Chen, told technewss. “We've seen a lot of ecosystem funds in the past do various things, but there

Crypto recruiters see opportunity to snatch up talent amid Big Tech layoffs

A number of major crypto companies in recent months have laid off employees in an effort to keep their businesses afloat. But as big players drop talent back into the pool, startups are getting the opportunity to snatch them up. Recruiters and talent heads alike shared their thoughts with TechCrunc