Crypto

As the layer-1 blockchain Ethereum continues to focus on a road map toward greater decentralization, its co-founder, Vitalik Buterin, thinks that moment might come sooner than expected. In the early days after Ethereum's launch in 2015, Buterin said he was doing development and research, but no

The U.S. has sanctioned decentralized cryptocurrency mixing service Tornado Cash for its role in enabling billions of dollars’ worth of cryptocurrency to be laundered through its platform. Tornado Cash, along with other mixers such as AlphaBay, enables customers to conceal the source of their

The collapse of Three Arrow Capital and the counterparties wrapped in the crypto hedge fund’s troubles have drawn questions about the soundness of the heady digital asset investment space. For the industry’s survivors, watching their rivals fall to pieces overnight has been an alarming

It feels like yesterday that the NFT boom captured the attention of the crypto community, making waves even outside the web3 world. But a year or so down the line, the NFT hype has somewhat died down. But that isn't stopping some in the crypto world from staying optimistic about non-fungible to

Blockchain-based games have seen a surge in popularity, but playing them is getting expensive. Play-to-earn games like StepN require players to purchase an NFT before they can participate, while other crypto video games offer users pricey upgrades such as virtual avatars and distinctive skins or co

In the wake of the Robinhood earnings anti-hype cycle, you might imagine that investors are a bit over the consumer trading game. Robinhood rode the pandemic-induced consumer savings and investing boom all the way to the top and is now on the decline as its active user count falters, its revenue s

Kurtosis, a crypto-focused developer tool system, has raised $20 million in a Series A round led by tech-focused hedge fund Coatue. Investors in the round include Coinbase Ventures, the Chainsmokers' Mantis VC and angel investor Olivier Pomel, who is the CEO and founder of Data

Starbucks will unveil its web3 initiative, which includes coffee-themed NFTs, at next month’s Investor Day event. The company earlier this year announced its plans to enter the web3 space, noting its NFTs wouldn’t just serve as digital collectibles, but would provide their owners with a

Although the crypto market isn't always sunshine and flowers, some prominent industry players, including Solana co-founder Raj Gokal, still have an optimistic outlook for growth — at least about their own projects. “I think the thesis and promise of Solana as a network is it's perfo

Imagine paying millions of dollars for a JPEG of a monkey just to have it stolen from your digital wallet. That’s exactly what happened to actor Seth Green, who ended up pleading with the hacker (and likely paying them over $100,000) to return the NFT back to him. Green’s predicament is

Following the loss of almost $200 million in a security exploit on crypto protocol Nomad, security experts insisted that more education and security protocols are necessary for protecting web3 communities from hackers. “The crypto ecosystem is currently in a nascent stage of adoption,” Nick Per

U.S. regulators are seizing their moment during this ongoing crypto bear market to crack down on bad actors in the space as many investors are already souring on the asset class. The U.S. Securities and Exchange Commission charged 11 people today in connection with Forsage, a crypto project that ra

The runaway success of Axie Infinity and StepN has convinced a flurry of entrepreneurs that web3 gaming, where the ownership of in-game assets is in the hands of users via blockchain adoption rather than a centralized platform, is the future. Some of the biggest hits in the space to date reward use

A new web3-focused production hub, Trustless Media, has launched out of stealth mode as it aims to build an NFT community-owned media company. The company raised $3.25 million in a seed round and plans to launch “NFTV shows,” which will allow the content of the shows to be owned by community me