Crypto company Anchorage raises $350 million at $3 billion valuation

Less than a year after raising an $80 million Series C round, Anchorage is announcing that it has raised a $350 million Series D round. With today's funding round, the company has reached a valuation of more than $3 billion. Anchorage offers a custody solution for big institutions, such as publ

Hong Kong accelerator Brinc raises $30M Series B

I've visited Brinc's headquarters the last few times I've been to Hong Kong, and been impressed with the range of different startups the accelerator works with. I knew the organization primary through its consumer hardware companies — a primary focus when it was founded, back in 2

The irrational exuberance of web3

This year’s hottest new tech terms are definitely “web3” and “metaverse.” The former refers to a decentralized web, based on the blockchain, while the latter is a combination of the internet and augmented and virtual reality. It is possible that we will see a merging o

Coinbase will let you view your NFT collection in its browser wallet

While Coinbase is better known for its cryptocurrency exchange, the company has also been working on a couple of self-custody wallets under the Coinbase Wallet brand. This type of wallets put you in charge of your crypto assets as private keys are stored on your devices. Today the company is bringi

Andreessen Horowitz backs NFT investor group behind rare Wu-Tang Clan album purchase

The crypto collective that bought Wu-Tang Clan’s “Once Upon a Time in Shaolin” album and an NFT of the original Doge image has a new member: venture capital firm Andreessen Horowitz. The firm tells technewss it has made an investment in PleasrDAO, a blockchain-aligned group of a

Crypto gaming giant Dapper Labs takes its next shot with Genies NFT platform ‘The Warehouse’

As they near the end of a blockbuster year for NFTs that saw more than $10 billion in transaction volume, today’s NFT project developers are finding themselves facing a dilemma — whether to chase today’s dollars or tomorrow’s users. Dapper Labs, maker of one of the year̵

Ledger to launch crypto debit card

Ledger is the latest crypto company working on a debit card that connects directly with a crypto wallet. The company unveiled at its Ledger Op3n conference plans to launch its own debit card called the Crypto Life card. While Ledger is better known for its hardware wallets, the company has been wor

Kickstarter plans to move its crowdfunding platform to the blockchain

Crowdfunding platform Kickstarter is making a big bet on the blockchain, announcing plans to create an open source protocol “that will essentially create a decentralized version of Kickstarter's core functionality.” The company says the goal is for multiple platforms to embrace the

Long-time Lyft CFO departs to become CFO at NFT marketplace OpenSea

Lyft’s long-time CFO Brian Roberts, who took the company public, announced Monday that he was departing the rideshare company that he joined in 2014 to take the same role at NFT marketplace OpenSea. Roberts confirmed earlier reports in a Twitter post. The departure is another signal of how ex

Don't let new hybrid workplaces keep the old systemic racism

Systemic racism is nothing new in America, and the effects of unconscious racial bias have long created inequity in the workplace. So why — when presented with the task of developing new “normal” hybrid workplaces — are we allowing the same systemic problems that boxed generations o

DAOs as the future? Hard pass, thanks

It seems like just yesterday that exchanges like Coinbase opened the eyes of the traditional economy to the benefits that cryptocurrencies offer as an asset class. Cryptocurrencies and other decentralized technologies have created applications that promise to create real social value by offering an

Facebook’s top crypto executive David Marcus is leaving the company

Facebook parent company Meta is losing its top crypto executive later this year. David Marcus who leads crypto unit Novi and previously helmed the company’s Messenger unit, announced Tuesday that he will be leaving the company later this year. Marcus joined Facebook in 2014. His departure mar

Coinbase acqui-hires team behind BRD crypto wallet

As crypto proponents look to onboard a new generation of users, one of the major consumer onramps has been a host of consumer wallet apps with slick interfaces. Today, Coinbase announced that it is bringing on the team from BRD — a crypto wallet startup that first launched its mobile wallet b

TabTrader raises $5.8M for a mobile app that aggregates crypto exchange data

As many of the top cryptocurrencies seem to temporarily stabilize near all-time highs, users looking to speculate on tokens that are a bit more volatile are searching across exchanges to find deals. Amsterdam-based startup TabTrader has been capitalizing on this search with a platform that aggregat