Stacked gets $13M to be the Twitch for web3 gamers

Few areas in tech today are as polarized as the blockchain gaming space. Legacy developers and gamers are calling play-to-earn games Ponzi schemes, while crypto-believers say games that incorporate “tokenomics” are the future for empowering players and creators. Before the debate is set

Meta now lets you post your NFTs on both Facebook and Instagram

Meta announced today that it will now let users post their NFTs across both Instagram and Facebook. Users can connect their wallets like Rainbow, MetaMask, Trust Wallet, Coinbase Wallet and Dapper Wallet to post digital collectibles minted on Ethereum, Polygon and Flow. “As we continue rollin

Investment clubs are cool again, and maybe community is, too

The bets are no longer just on Wall Street — they're in your group chats, book clubs and that awkward shuffle that happens when everyone's trying to get out of the door at the same time at the end of class. Community investment clubs are nothing new, but a renewed interest in decentraliza

CoinDCX launches platform to make DeFi apps accessible to masses

The complex onboarding and user experience is the price people pay to use decentralized apps — and it's also one of the reasons most are not using those services. A top Indian crypto exchange wants to fix that for users worldwide. CoinDCX on Friday launched Okto, a mobile platform that wi

Animoca Brands’ Japan unit raises $45M at $500M valuation for NFT push

Asia’s crypto games and web3 investment powerhouse Animoca Brands is making inroads into Japan as its local unit picks up $45 million in financing at a $500 million pre-money valuation. The investment, which was shelled out equally by the parent firm Animoca Brands and MUFG Bank, the largest

Pitch Deck Teardown: Simba Chain’s $25M Series A deck

Grab a cup of coffee and strap in, because this pitch deck teardown is pretty different from most of the ones I’ve done to date. Why? Let me count the ways. (OK, fine, there are only two ways.) But let’s take a closer look: 1. This is a blockchain pitch. The pitch deck

Polygon founder raises $50M for emerging markets-focused web3 venture fund

Ethereum layer-two scaling platform Polygon raised $450 million earlier this year in its first major financing round. Now, the protocol’s co-founder Sandeep Nailwal is launching another project, he told technewss exclusively — this time, in the form of Symbolic Capital, a venture capit

$10B crypto developer platform Alchemy buys coding bootcamp in first-ever acquisition

Web3 developer infrastructure startup Alchemy, which last raised a $200 million Series C1 last February, has just made its first acquisition ever — and it’s in the education space. The company purchased education startup ChainShot, which runs coding bootcamps for aspiring web3 develope

Worldcoin co-founder in talks with Multicoin, Variant for ‘Blackrock for new economy’ venture

Max Novendstern, co-founder and former chief executive of Worldcoin, is working on a new venture, according to sources and regulatory filings and an investor deck obtained by technewss. A Worldcoin spokesperson confirmed that Novendstern left the firm last year, something which hasn’t been p

Former US CFTC commissioner says crypto space has 'dire need for regulatory clarity'

Many in the crypto space are becoming increasingly impatient as they try to navigate the muddy waters of crypto regulation without stepping on a law enforcement land mine. Regulators, meanwhile, are trying to separate the bad actors in the crypto space — those actively committing fraud —

US SEC Chair Gensler reiterates crypto stance, frustrating those seeking clarity

In the wake of major crypto firms Celsius and Voyager freezing assets and filing for bankruptcy, U.S. Securities and Exchange Commission Chair Gary Gensler took to The Wall Street Journal's op-ed pages to reiterate that securities laws still apply to new technologies like digital assets. But so

Y Combinator alumni raise $80 million for DAO to back crypto startups

Groups of people seeking to invest together have been turning to the crypto-native DAO (decentralized autonomous organization) structure for a collective decision-making framework. While an investment DAO typically can only have up to 100 members in order to stay compliant with SEC rules, Orange DA

Mural raised $5.6M to help brands deploy DAO treasuries

Mural, a crypto firm focused on decentralized autonomous organizations (DAOs) infrastructure, has raised $5.6 million in seed funding, the company's co-founders Sinclair Toffa and Kevin Alvarez-Fung exclusively told technewss. This was the company's first outside capital r

Telegram founder wants to explore web3-based auctions for custom usernames

Telegram founder Pavel Durov said Monday that he wants to integrate web3 into the messaging app. Durov said on his Telegram channel that he was impressed by the TON project — an independent project not affiliated with Telegram — and how it is used for domain name/wallet auctions. He not