Crypto

A court in South Korea has issued an arrest warrant for Do Kwon, the founder of Terraform Labs, escalating its probe into the crypto ecosystem whose two tokens lost $40 billion in value in a span of days earlier this year. LUNA, the new token of the revived ecosystem, dropped as high as 48.4% to $2

As institutions continue to dip their toes into the world of digital assets, KKR & Co. is the latest to enter the space by tokenizing a part of one of its private equity funds — a step that may provide institutional private market strategies to more individual investors. “W

When China banned cryptocurrency mining and trading, many saw it as putting an end to a burgeoning industry in the world’s second-largest economy. As it turned out, the country’s crypto investors, developers and hobbyists continue to play a critical role in building the backbone and ap

The Linux Foundation has announced plans for a new collaborative initiative designed to support interoperability across digital wallets, built on an open source bedrock. The OpenWallet Foundation (OWF), as the new effort is called, is the brainchild of Daniel Goldscheider, CEO of open banking start

As the Ethereum network transitions its system through a new upgrade called the Merge, many are wondering which startups within its ecosystem will be best positioned to thrive in a post-Merge world. Overall, it seems like the post-Merge startups that will succeed are ones that prov

If the cryptocurrency economy wants to continue to grow, it will require more widespread adoption. But how do you make it appealing to the masses — especially now that the traditionally volatile digital asset market is going through an especially rocky period? Just last May, Bitcoin, the OG crypt

A new nonprofit “startup” is emerging from stealth today with $15 million in funding from Ethereum co-creator Vitalik Buterin, with a focus squarely on studying and treating Long COVID. While the global pandemic may have neared something close to a conclusion for many, millions of peopl

As we inch closer to a highly anticipated protocol development for Ethereum, some big institutional players may wonder what “the Merge” could mean for them. The system upgrade, set for September 15, plans to reduce the second-largest blockchain's energy consumption by about 99% by moving aw

In the world of sports betting, instant payments and reliable custody are key to the user experience. HotStreak, a web3 platform for daily fantasy sports (DFS) contests, is wagering that the decentralized nature of the blockchain makes it an ideal solution for DFS platforms. The sports betting mark

Binance, the issuer of the world’s third-largest stablecoin, said on Monday it will convert customers’ holdings in three rival stablecoins USD Coin (USDC), Pax Dollar (USDP) and True USD (TUSD) into its own stablecoin (BUSD) on September 29 to “enhance liquidity and capital-effici

LG Electronics said today it has released its non-fungible token (NFT) platform LG Art Lab, which lets users discover, buy, sell and trade NFTs on LG's smart TVs. The announcement comes roughly eight months after LG Electronics said at its press conference that it plans to incorporate NFT featu

Ethereum, the second-largest blockchain by market cap, is about to undergo a massive transformation known to the crypto community as “the Merge.” It’s a long-awaited systemwide upgrade that experts say will reduce the blockchain’s energy consumption by about 99% by switching

Natalia Murillo was an undergraduate at the University of Southern California when a professor taught her about the cryptographic technique of zero-knowledge proofs. She’s been immersed in web3 and blockchain tech ever since, dropping out of college and investing the ~$5,000 she had to her na

Ticketmaster will now let event organizers issue NFTs (non-fungible tokens) tied to tickets on Flow, a blockchain operated by a16z-backed Dapper Labs. The Live Nation subsidiary said that event organizers can make these NFTs available before, during or after the event and even enable special experi