Former OpenSea exec arrested and charged with insider trading of NFTs

A top former executive at the highly valued NFT startup OpenSea was arrested Wednesday and charged “with wire fraud and money laundering in connection with a scheme to commit insider trading,” according to a press release from the U.S. Attorney's Office in the Southern District of N

The week Jack stepped back

Hey all. Welcome back to Week in Review, the newsletter where we recap some of the top stories to cross TC’s front page over the last 7 days. The most read story on our site this week was about Flowcarbon — a new company and “blockchain-based redemption story” (as Anita put it)

Coinbase is testing a real-time employee feedback system. It sounds rough

The crypto exchange Coinbase is testing a real-time workplace feedback tool called Dot Collector, created by hedge fund billionaire Ray Dalio, founder of Bridgewater Associates. Slack your colleague to say hello? Perhaps you'll be rated as being off-task. Babbling too much in a meeting? You'

As crypto becomes more mainstream, can it stay decentralized?

As global markets continue to face downward trends, crypto markets are anticipating greater adoption as people see the digital asset sector as a hedge against inflation (even though some prices are currently down from their 52-week marks). Whether it’s first-time buyers of cryptocurrency or p

Longtime Bitcoiner Dan Held says this 'crypto winter' won't be as harsh as others

Bitcoin is hovering over its 52-week lows as the cryptocurrency markets continue their bearish posture. But some longtime market participants, like Dan Held, director of growth marketing at crypto exchange Kraken, aren't worried. Held got into Bitcoin in 2012, which is about 100 years ago in cr

Terra community passes proposal to revive LUNA cryptocurrency following stablecoin-led implosion

Nine days ago, Terraform Labs founder Do Kwon shared a plan to revive the Terra Ecosystem after its stablecoin UST and cryptocurrency LUNA nosedived earlier this month, bringing down the crypto markets with them. Today, Terra's plan has passed and been approved by the community.

Volt Capital debuts second $50M fund backed by many of crypto’s kingmakers

Despite a nightmarish month for cryptocurrencies, venture backers dead-set on the sector are still amassing capital to mint new unicorns in the space. This morning, a16z announced its latest $4.5 billion mega-fund. Today, the firm’s honchos Marc Andreessen and Chris Dixon are also placing bet

Mastercard exec is bullish on crypto, sees mass adoption 'sooner rather than later'

Both large and small companies are retaining their crypto optimism despite the recent market correction in the developing technology space. Mass adoption of blockchain technology and digital assets is going to happen sooner rather than later, according to Mastercard's VP of new

Four-month-old Doppel is helping some of the biggest NFT projects spot scams

As NFTs have gained popularity, so, too, has NFT fraud. Copycats can quite easily upload images to an NFT marketplace, mint them and sell them to customers for profit without verifying that those images are their own intellectual property. The problem has become even more widespread as NFTs have po

Vibes hold steady at crypto conferences amid bearish market

It's been a hard month for the global cryptocurrency market. And yet, community members continue to gather nonstop to network, learn and party at what feels like a seemingly endless loop of crypto conferences. But there seems to be a slight vibe shift between just a few weeks a

eBay launches its first collection of NFTs in partnership with web3 platform OneOf

eBay is the latest company to enter the NFT business, as the online marketplace announced today that it’s launching its first collection of NFTs in partnership with web3 platform OneOf. The company’s new “Genesis” NFT Collection will feature 3D and animated interpretations of the ic

'Move-to-earn' Solana app StepN is latest crypto gaming craze

Since its launch in December, StepN, an app that lets users walk and run to earn tokens, has quickly become a household name in the play-to-earn blockchain gaming, or GameFi, world. Two to three million users worldwide are now active on the app every month, StepN’s co-founder Jerry Huang rece

Terra creator Do Kwon faces prosecution in South Korea

Do Kwon, the creator of the stablecoin TerraUSD (UST) and its sister token Luna, is facing legal prosecution in South Korea over the collapse of the two coins that wiped out billions of dollars from investors around the world earlier this month. The Seoul Southern District Prosecutors’ Office

Luna Foundation Guard adviser says Do Kwon hasn't reached out since UST crash

It has been almost two weeks since Terraform Labs’ cryptocurrency LUNA and algorithmic stablecoin Terra USD (UST) imploded, bringing down the crypto markets with them. There have been public conversations from both the creator of the project, Do Kwon, and entities associated with it about the