Browsing: Crypto

Even though NFT sales volume is still down 88% from 2022 all-time highs (and down 38% year-to-date), Pallet Exchange is building a new type of NFT marketplace focused on user retention. And it’s doing it on a blockchain less known for NFT trading: Sei. Co-founders Kelvin Wang and Davy Li have convinced investors that there’s

The token behind Solana, a layer-1 blockchain that’s competitive with the Ethereum blockchain, has been through the wringer after it plummeted from a high of about $260 in late 2021 to a low around $8 in early 2023. But like every good movie with a character redemption arc, Solana has one too. The cryptocurrency passed

Zora, an NFT-based social network platform, is continuing its expansion beyond the crypto-sphere into the hot artificial intelligence market, Dee Goens, the startups’ co-founder, said on Chain Reaction. Not to be confused with Sora, the text-to-video tool offered by OpenAI, Zora aims to help creators, brands and artists better monetize their content through NFTs. Last

Welcome to TechCrunch Crypto, formerly known as 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 . Hello and welcome back to the TechCrunch Crypto newsletter. To start things off, here’s a shameless plug: I went on Yahoo

Homomorphic encryption, a complex technique that uses cryptographic algorithms to keep data secure as it travels around networks and to third parties, continues to elude mass-market scalability and thus adoption — not least because currently, the complexity that makes it so effective also makes it slow and hard to use widely. But in a world

Sei Labs, a startup co-founded by a former Robinhood engineer and a former VC from Coatue, has launched a new open sourced project that offers a novel, and exciting approach to make Ethereum faster and less expensive for developers. On Wednesday, Sei launched The Parallel Stack, a public good project – meaning free for any

Nigeria is actively seeking information from Binance regarding its top 100 users in the country and all transaction history spanning the past six months, according to a Financial Times report. This news overlaps with the revelation of the names of the two executives from the cryptocurrency exchange who were detained two weeks ago: Tigran Gambaryan

A German subsidiary involved in Sam Altman’s controversial crypto blockchain digital identity business, Worldcoin, was reported Friday to have filed a legal challenge against a suspension order from Spain’s data protection authority. It also told us it has paused services in the market. Earlier this week it emerged that the Spanish authority, the AEPD, had

The crypto scene continues to remain so hot that bitcoin is hitting one new high after another. It surpassed $72,700 on Monday. This was initially driven by the approval of spot bitcoin ETFs, but is now being pushed higher ahead of a “halving” event, which will limit the amount of new supply put into circulation