Crypto losses total $428M in Q3, down 36% from previous quarter

Crypto “losses” continued to decline in the third quarter, a new report shows. Immunefi's Crypto Losses Q3 report found $428,718,083 worth of losses in Q3, down 36% from $670,698,280 in Q2 and a drop of 62.9% from $1,155,334,775 during the year-ago quarter. Crypto losses are defined as

Binance founder Changpeng ‘CZ’ Zhao shares his vision of web3 opportunities at TC Sessions: Crypto

When it comes to the decentralized world of crypto, few single entities loom larger or carry more weight in the industry than exchange behemoth Binance. The blockchain giant processed $34 trillion in trading volume in 2021, it says, and the exchange shows few signs of resting on its laurels as it p

Let's not defend Kim Kardashian for shilling crypto

Kim Kardashian is the latest celebrity to land in legal trouble for unlawfully promoting a crypto product to her followers without disclosing details around the payment she had received to do so. The reality star settled with the U.S. Securities and Exchange Commission by paying a $1.26 million pen

Mad Realities’ Devin Lewtan talks onboarding new crypto users through content at TC Sessions: Crypto

If crypto is going to reach “mass adoption,” the industry still has a lot of people it needs to bring on board. Approximately 83% of U.S. adults haven’t ever invested in, traded or used cryptocurrency, according to a Pew Research Center survey conducted this summer. While many bui

Kim Kardashian charged by SEC for pushing crypto, reaches $1.26M settlement

The U.S. Securities and Exchange Commission (SEC) is charging Kim Kardashian for “unlawfully touting” a “crypto security,” the agency announced on Monday morning. The SEC says that Kardashian was in violation of its rules when she promoted a “crypto asset security offe

Web3 banking platform Juno raises $18 million, launches tokenized loyalty program

Juno, a startup that provides checking accounts to crypto enthusiasts and allows them to take their paychecks in digital tokens, has raised a new funding round as it expands its offerings to include a tokenized loyalty program. The one-and-a-half-year old startup has amassed over 75,000 customers i

Uniswap Labs eyes over $100 million in new funding

Uniswap Labs is in early stages of putting together a new round, according to four sources familiar with the matter, as the parent firm of the world’s largest decentralized exchange gears up to broaden its offerings. The startup is engaging with a number of investors, including Polychain and

Tokenization is key to linking TradFi to the blockchain

As more and more traditional institutions begin to dabble in digital assets, some believe the best way for both old-school finance and decentralized finance (DeFi) to grow together is through a cross-chain world and tokenization. At Chainlink's SmartCon 2022 conference, the “Bridging Traditio

Latin American NFT marketplace Minteo raises $4.3M seed round

The major hype around NFTs may have died down a bit since the crypto subsector took off last year, but that isn't stopping startups from building and raising capital in the space. Minteo, a Latin American-based NFT marketplace, is betting on the digital asset sector going big i

US senators aim to amend cybersecurity bill to include crypto

As regulators around the world try to provide frameworks for the digital asset industry, two U.S. senators have introduced a bill to help crypto companies report cybersecurity threats. U.S. senators Marsha Blackburn, Republican of Tennessee, and Cynthia Lummis, Republican of Wyoming, exclusively sh

Solana developer platform Coral raises $20M led by FTX, Jump Crypto to build web3’s iPhone

Developers are a huge catalyst for growth in the competitive world of layer-one blockchains. Where the devs go, they build out applications and robust ecosystems, and user activity and interest tends to follow. Coral has been instrumental in building out dev tools for the Solana blockchain ecosyste

Crypto trading-focused blockchain Sei launches $50M ecosystem fund

While many layer-1 blockchains out there were built for a pretty general purpose, other networks were designed around very specific use cases. Sei, a layer-1 blockchain designed for trading, has launched a $50 million ecosystem and liquidity fund to support new decentralized financ

Cardano founder claims Ethereum community in for a ‘rough time’ following the Merge

The Ethereum system upgrade known as the Merge was executed about two weeks ago, and while things have been running smoothly, not everyone is impressed by the upgrade. Cardano founder and CEO Charles Hoskinson is among them, telling technewss he didn't expect Ethereum's design of proof-of-

Microsoft's M12 led $20M investment in web3 platform Space and Time

Space and Time, a decentralized data platform, has raised $20 million in strategic funding to help businesses grow through smart contract technology. “Our mission is to make smart contracts smarter and expand the use cases of business logic through smart contracts,” Nate Holida