Crypto

Cryptocurrency coverage and news on major investments, tokens like Bitcoin and Ethereum, as well as blockchain and web3 startups that aim to build a more decentralized, community-owned future.

OpenSea, which calls itself the “world’s largest” nonfungible token (NFT) marketplace, received a Wells notice from the SEC, the company said in a blog post Wednesday, indicating the regulator may…

SEC takes aim at NFT marketplace OpenSea

CoinSwitch, a prominent Indian cryptocurrency exchange, is suing rival platform WazirX to recover trapped funds.

CoinSwitch sues WazirX to recover trapped funds

AI giants like Anthropic, OpenAI and Stability AI have faced a lot of heat over how they’ve scraped data and rode rough-shod over others’ intellectual property when training and operating…

Story raises $80M at $2.25B valuation to build a blockchain for the business of content IP in the age of AI

There’s a lot of hype about the promise of AI agents today, but payments are a huge limiting factor. Today, an AI agent might be able to plan a vacation…

Skyfire lets AI agents spend your money

Fabric has developed a custom RISC-V-based chip that is optimized to run the algorithms necessary to establish zero-knowledge proofs and enable fully homomorphic encryption.

How Fabric plans to make advanced cryptography ubiquitous

Former a16z-investor Balaji Srinivasan has booked out an island near Singapore to create his own “Network School.”

Former a16z VC Balaji Srinivasan obtained a private island for his new longevity ‘technocapitalist’ school

Binance, the world’s largest cryptocurrency exchange, has resumed operations for users in India after a seven-month hiatus imposed by a local authority for operating “illegally” in the country. The exchange…

Binance restarts services in India after seven-month regulatory halt

In Puerto Rico, tax breaks enacted in 2012 aimed to juice the economy by encouraging mainland U.S. citizens to do business and live on the island, where they could apply…

The crypto founder who didn’t save Puerto Rico after all

The U.S. Securities and Exchange Commission (SEC) is suing a crypto startup, NovaTech, for allegedly fraudulently raising more than $650 million from over 200,000 investors, many in the Haitian-American community.…

SEC charges crypto firm NovaTech with fraud

The ruling confirmed an earlier decision in April from the High Court of Podgorica which rejected a request to extradite the crypto fugitive to the United States.

Terraform Labs co-founder and crypto fugitive Do Kwon set for extradition to South Korea

The founder of once-hyped crypto startup BitClout is facing trouble. On Tuesday, the SEC charged him with fraud and other offenses.

SEC charges BitClout founder Nader Al-Naji with fraud; says proceeds paid for L.A. mansion, gifts

Indian cryptocurrency exchange WazirX announced on Saturday a controversial plan to “socialize” the $230 million loss from its recent security breach among all its customers, a move that has sent…

WazirX to ‘socialize’ $230M security breach loss among customers

Ledger, a French startup mostly known for its secure crypto hardware wallets, has launched a new mid-range device, the Ledger Flex. Available now, priced at $249, the dinky hardware wallet…

Ledger launches Ledger Flex, a mid-range hardware crypto wallet

Proton’s first cryptocurrency product is a wallet called Proton Wallet that’s designed to make it easier to get started with bitcoin.

Proton releases a self-custody bitcoin wallet

WazirX, one of India’s largest cryptocurrency exchanges, has “temporarily” suspended all trading activities on its platform days after losing about $230 million, nearly half of its reserves, in a security…

WazirX halts trading after $230 million ‘force majeure’ loss

The Mumbai-based firm said one of its multisig wallets had suffered a security breach, and it was temporarily pausing all withdrawals from the platform.

WazirX halts withdrawals after losing $230 million, nearly half its reserves

Vitalik Buterin, the co-founder of Ethereum, issued a warning on Wednesday against choosing a candidate purely based on whether they claim to be “pro-crypto.” In a blog post, Buterin said…

Ethereum co-founder’s warning against ‘pro-crypto’ candidates: ‘Are they in it for the right reasons?’

Real-time payments are becoming commonplace for individuals and businesses, but not yet for cross-border transactions. That’s what Caliza is hoping to change, starting with Latin America. Founded in 2021 by…

Caliza lands $8.5 million to bring real-time money transfers to Latin America using USDC

We’re excited to invite Jesse Pollak to TechCrunch Disrupt 2024 to talk about the future of decentralization.

Jesse Pollak will tell us why Coinbase is launching its own Base blockchain at TechCrunch Disrupt 2024

CoinDCX, India’s leading cryptocurrency exchange, is expanding internationally through the acquisition of BitOasis, a digital asset platform in the Middle East and North Africa, the companies said Wednesday. The Bengaluru-based…

CoinDCX acquires BitOasis in international expansion push

Crypto platforms will need to report transactions to the Internal Revenue Service, starting in 2026. However, decentralized platforms that don’t hold assets themselves will be exempt. Those are the main…

IRS finalizes new regulations for crypto tax reporting

Worldcoin — the crypto “proof of personhood” startup co-founded by OpenAI’s Sam Altman — has been given the green light to resume iris-scanning and other operations in Kenya after a…

Kenya closes its probe of Worldcoin, opening the door to a relaunch of its orbs after a year-long suspension

When Urvashi Barooah applied to MBA programs in 2015, she focused her applications around her dream of becoming a venture capitalist. She got rejected from every school, and was told…

How Urvashi Barooah broke into venture after everyone told her she couldn’t

Stock-trading app Robinhood is diving deeper into the cryptocurrency realm with the acquisition of crypto exchange Bitstamp.

Robinhood acquires global crypto exchange Bitstamp for $200M

The next few weeks could be pivotal for Worldcoin, the controversial eyeball-scanning crypto venture co-founded by OpenAI’s Sam Altman, whose operations remain almost entirely shuttered in the European Union following…

Worldcoin faces pivotal EU privacy decision within weeks

President Joe Biden has vetoed H.J.Res. 109, a congressional resolution that would have overturned the Securities and Exchange Commission’s current approach to banks and crypto. Specifically, the resolution targeted the…

President Biden vetoes crypto custody bill

Japanese crypto exchange DMM Bitcoin confirmed on Friday that it had been the victim of a hack resulting in the theft of 4,502.9 bitcoin, or about $305 million.  According to…

Hackers steal $305M from DMM Bitcoin crypto exchange

Meme Depot, which launched earlier this week, is a startup aiming to create a new category called “meme tech.” More specifically, founder Alex Taub said…

TechCrunch Minute: Is meme tech the next big startup category?

Ledger, a French startup mostly known for its secure crypto hardware wallets, has started shipping new wallets nearly 18 months after announcing the latest Ledger Stax devices. The updated wallet…

Ledger starts shipping its high-end hardware crypto wallet

Accurate weather forecasts are critical to industries like agriculture, and they’re also important to help prevent and mitigate harm from inclement weather events or natural disasters. But getting forecasts right…

Deal Dive: Can blockchain make weather forecasts better? WeatherXM thinks so