Jacquelyn Melinek

Former FTX US President Brett Harrison 'never lost faith in the business' while at now-shuttered exchange Jacquelyn Melinek 7 hours It has been almost six months since FTX collapsed, and a lot has transpired since then, including executives being charged to industry businesses facing ripple effects from its demise. At Consensus 2023,...

Both the CFTC and SEC view bitcoin as a commodity for now, though Jacquelyn Melinek 15 hours It’s a confusing time to be a crypto company. The markets are volatile and trading activity is shaky right now, but the biggest problem for crypto firms seems to be that there’s no clarity...

About 40% of web3 games being built will go live in next 12 to 18 months, Immutable co-founder says Jacquelyn Melinek 9 hours Two key players in the web3 gaming space predict exponential expansion in the next few years. Robbie Ferguson, co-founder and president of web3 gaming company Immutable, and Ryan Wyatt,...

Following a shakeup in the U.S. banking system over the past week, crypto exchanges and wallets gained momentum as some look for bankless alternatives. The top 10 crypto applications for exchanges and wallets have risen about 15% since Silicon Valley Bank’s stock fell 60% last week, according to a...

The value of major cryptocurrencies rose Monday in the wake of U.S. government plans to protect Silicon Valley Bank and Signature Bank depositors. The Federal Reserve issued a pair of statements on Sunday with one clear message: Silicon Valley Bank’s depositors, both insured and uninsured, will receive help in...

While the startup world digests the shocking implosion of well-known financial institution Silicon Valley Bank, the fallout may extend to the crypto world as well. One stablecoin in particular, USDC, was known as of January 17 to have held some of its backing capital at SVB, funds that...

Tensor, a Solana-centric NFT trading platform, has raised $3 million in a seed round led by Placeholder, the team exclusively shared with TechCrunch. The startup was co-founded by Ilja Moisejevs and Richard Wu, bringing a collective 10 years of experience in working on trading infrastructure and data-intensive systems. Until...

To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. Welcome back to Chain Reaction. This week big news rolled out in the layer-2 blockchain space as Coinbase, the second largest crypto exchange by trading volume,...

Alternative revenue sources may be a key factor for exchanges, as Coinbase sees trading volumes fall, but other non-trading areas rise Jacquelyn Melinek Alex Wilhelm 9 hours Earlier this afternoon Coinbase reported its fourth-quarter and full-year 2022 results. TechCrunch’s first look at the numbers is here. In response to the company’s raw...

To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. Welcome back to Chain Reaction. The past few weeks in crypto land have been focused on the latest craze: Ordinals. What are Ordinals, you might ask? They’re...