Augmented reality’s half-decade of stagnation

Hello readers, and welcome back to Week in Review! Last week, I talked about the future of this newsletter and what’s coming next. The short of which is that in the coming weeks I will be winding down my time authoring the Week in Review newsletter as I start sending out a brand new newslette

Bored Apes maker Yuga Labs acquires CryptoPunks NFT collection

Bored Apes Yacht Club maker Yuga Labs announced Friday that they have acquired the rights to the CryptoPunks and Meebits NFT collections from creator Larva Labs. Bored Apes and CryptoPunks are the two most valuable NFT collections by market cap, and hold a combined worth at a minimum of some $3.6 b

Stripe gets friendly with crypto, again

Payments giant Stripe already powers a pretty major swath of the web’s financial infrastructure, now it’s launching crypto payments support to give customers an easier path to onboard web3 users and interact with cryptocurrencies. The company announced a suite of products today aiming t

White House issues its executive order on cryptocurrencies

The Biden White House showed off a new executive order on Wednesday regarding the regulation of cryptocurrencies. The order essentially lays out a broad strategy for how the government plans to balance consumer protection while ensuring that the United States continues to be a space for innovation

Venture firm Chapter One launches an incubator to give million-dollar checks to web3 startups

Chapter One, an LA-based venture firm which recently announced a $40 million crypto fund, is looking for ways to differentiate itself in the crowded crypto VC world. Its newest effort is called Chapter One Studios, a six-month incubator program which will provide three crypto startups with million-

Stanford cryptography researchers are building Espresso, a privacy-focused blockchain

If blockchain technology is to reach true mass adoption, it will have to become cheaper and more efficient. Low transaction throughput on some of the most popular blockchains, most notably Ethereum, has kept gas fees high and hindered scalability. A host of new projects has cropped up to improve ef

Tracking the future of crypto controversy

Hello readers, and welcome back to Week in Review! Last week, I talked about the environmental impacts of crypto with Kimbal Musk, early Tesla investor and brother of Elon. This week, I’m talking a bit about myself, this newsletter and the future of the web. If someone forward

Learn about LobsterDAO, an influential community of engineers, devs and founders at DeFi & The Future of Programmable Money

DeFi & The Future of Programmable Money, a one-day virtual conference on March 30, offers something for everyone involved with, or interested in learning about, the bleeding-edge world of decentralized finance. While there's plenty of talk about crypto whales, a different sea creature is ma

Electric Capital closes $1 billion in funds to back crypto startups, buy tokens

The fervor surrounding opportunities in the crypto space has seemed to upend the venture world over the past couple of years, with major players shaking up how their firms are fundamentally organized in order to compete with so-called crypto-native investment firms. While a plethora of breakout web

Benchmark’s Sarah Tavel on the ‘bifurcation’ coming to the world of web3

One of just five general partners at the storied early-stage venture firm Benchmark, Sarah Tavel may be leaning the most into crypto, but that hardly means she’s actively writing related checks. On the contrary, Tavel has led one of the only crypto-related bets that Benchmark has made in rece

How Ukraine is using crypto donations

On Saturday, Ukraine’s official Twitter account shared two cryptocurrency wallet addresses — a bitcoin wallet address and an Ethereum wallet address. “Stand with the people of Ukraine. Now accepting cryptocurrency donations. Bitcoin, Ethereum and USDT,” @Ukraine wrote. But it's hard

Katherine Wu leaves Coinbase Ventures to join crypto investment firm Archetype

Coinbase Ventures investor Katherine Wu is leaving the company for early-stage crypto venture capital firm Archetype, less than a year after joining Coinbase as a senior deal lead in September. The move was first reported by Bloomberg. “[T]oday is my last day at coinbase sometimes you take th

Hack VC raises $200M fund to back early-stage crypto startups

The investors behind virtual hack.summit(), the world’s largest blockchain programmer event, have launched a $200 million crypto seed fund under the Hack VC umbrella, fund partner Alex Pack told technewss in an interview. Ed Roman, formerly a solo GP, invested in early-stage tech and crypto

Coinbase crushes expectations in Q4 earnings, but stock sinks as it reports slower start to year

Shares of Coinbase, the American crypto trading giant, initially soared when it reported its Q4 2021 earnings today, but investors quickly sold off the spike bringing the stock price down as much as 9%, hovering just above an all-time low. The company bested investor expectations in the trailing pe