US approves first spot bitcoin ETF applications for 11 issuers
It’s been over a decade since the first application for a spot bitcoin ETF was filed. After a number of denials over the years, the U.S. Securities and Exchange Commission…
Valkyrie co-founder expects $10B inflows for spot bitcoin ETFs by end of year
The SEC might finally approve spot bitcoin ETFs on Wednesday after denying applications for more than a decade. Valkyrie co-founder and CIO Steven McClurg expects $10 billion or more to…
Are megafunds squeezing out small VCs and distorting the seed market?
This is our Friday show, and today, Mary Ann Azevedo and Alex Wilhelm took on the week's biggest tech, startup and venture capital news. © 2023 TechCrunch. All rights reserved.…
Talks of bitcoin spot ETF approval circulate as India blocks exchange sites and crypto is seeing more optimism
Welcome back to Chain Reaction. Happy New Year! The crypto space has been off to a strong start for 2024 as reporters and ETF analysts have reported that a bitcoin spot…
Crypto losses declined over 50% in 2023
Hackers and scammers laid back on the weekends, CertiK report finds Jacquelyn Melinek 9 hours While hackers continue to hack the crypto industry for a cash grab, the dollar amount…
Why Puma is sticking to its web3 bets as crypto shakes off a long-held winter
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 TechCrunch+ it has no…
Love ’em or hate ’em, NFTs can survive thanks to the communities that drive them
NFTs have suffered everything from ridicule and scams to a broad dip in demand due to the crypto winter. Sometimes it almost feels like some of the projects in the…
Hackers stole $2 billion in crypto in 2023, data shows
For yet another year, hackers stole billions of dollars in crypto. But for the first time since 2020, the trend is downwards, according to crypto security firms. This year, hackers…
A strong foundation can help raise early-stage capital
As valuations come down, now more than ever, founders “need to prove their company is built to last with long-term profitability and scalability in mind,” writes Russ Heddleston, CEO of…
Akron Energy raises $110M to grow U.S. bitcoin mining capacity, launch AI cloud service in Norway
Akron 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 TechCrunch. The round was…
Arkon Energy raises $110M to grow U.S. bitcoin mining capacity, launch AI cloud service in Norway
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 TechCrunch. The round was…
Dog-themed memecoins are pawing their way back into investors’ hearts
Welcome back to Chain Reaction. 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. Editor’s…
Why tokenization of assets can be a key driver of growth in crypto
Startups that find product-market fit can do well in any industry, but that’s not enough if you’re a web3 company. No, you have to go beyond and find real use…
Crypto valuations ‘came back to earth’ in 2023, but VCs expect them to rise again in 2024
The past couple of years have proved to be a turbulent time for the crypto industry. As if a spate of big crypto institutions failing or going under wasn’t enough,…