Crypto

Last winter, I found myself at a dinner party in the city. It was a mixed crowd, by which I mean people who understood my work, those who didn't, or those who were skeptical of it. I'm a crypto lawyer and policy advocate, so I'm used to questions like: Are you a lawyer for Bitcoin? And

While hackers continue to hack the crypto industry for a cash grab, the dollar amount is down substantially compared to the previous year. The total amount “lost” during 2023 from security incidents was almost $2 billion, down 51% from 2022, according to security-focused CertiK's annual 202

While some brands moved away from web3 in 2023 during a long crypto winter, Puma stayed the course and its head of emerging technology, Ivan Dashkov, told technewss+ it has no intentions of leaving. After two years working with web3, Puma’s tech revenues remain modest, but the sportswear m

Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, said Thursday nine global crypto exchanges — including Binance, Kraken, Kucoin and Mexc — are operating “illegally” in the country without complying with the local anti-money l

Arkon Energy, a data center infrastructure company, closed a $110 million private funding round to expand its operations, the company's CEO Josh Payne shared exclusively with technewss. The round was led by Bluesky Capital Management and included participation from Kestrel 0x1 and Nural Capita

Worldcoin is no longer offering its Orb-verification service in India, Brazil and France, just months after the crypto startup expanded the helmet-shaped eyeball-scanning device to those markets. Tools for Humanity, the foundation that oversees development of Worldcoin, exclusively told technewss

Traditionally, being a hardcore movie fan means collecting physical memorabilia like autographed posters to show dedication. However, in recent years, a number of companies have started betting on digital collectibles to become the new symbol of a fan's devotion. Really (formerly Moviebill) 

The trading volume at top Indian crypto exchange WazirX fell to $1 billion in 2023 as the platform faced intensifying regulatory pressure in its home market alongside a broader slump for digital asset prices — and equities — globally. The total volume of cryptocurrencies traded on Wazir

Lolli, a bitcoin and cashback rewards application, has raised an $8 million Series B round, technewss has exclusively learned. The company's co-founder and CEO, Alex Adelman, said the fresh capital will be used to roll out Lolli’s rewards program to enterprise partners like exchanges, ne

Line Next, a web3 unit of the Japanese messaging app Line, raised $140 million in its funding led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm in South Korea, to expand its web3 platform.  The new funding comes nearly a year after Line Next released its browser-only beta

Digital asset risk infrastructure-focused Andalusia Labs, formerly known as RiskHarbor, has raised $48 million in a Series A round at a valuation “north of $1 billion,” the company exclusively shared with technewss. Lightspeed Venture Partners led the round; other investors include Mubadala Ca

Worldcoin, a crypto project co-founded by Sam Altman, said it now supports integrations for its World ID with Minecraft, Reddit, Telegram, Shopify and Mercado Libre. The company already supports integrations with Discord, Talent Protocol and Okta's Auth0. Launched to the public about four month

Bitcoin's rapid-fire ascent to $44,000 comes on the back of roughly 25% gains in the last week. The grandfather of all cryptocurrencies has had an even more lucrative 2023, rising 158% from its year-ago levels, according to CoinMarketCap data. Given how long the crypto world has been dealing wi

The Bank of Korea (BOK) rolled out details on its pilot program for its retail central bank digital currency (CBDC), stating that 100,000 selected Korean citizens will join the trial in the fourth quarter of next year. The participants will be able to buy goods with tokens in the form of CBDC issue