NFTs
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…
Former web3 gaming founders raise $2.5M for their NFT marketplace to retain users even when there ‘isn’t money to be made’
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…
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…
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NFT fantasy sports startup Sorare lays off 13% of staff as web3 gaming continues to sputter
Web3-enabled fantasy sports platform Sorare laid off 22 employees based in its New York office in February. The move comes as the startup wants certain teams to be concentrated at the company’s Paris headquarters to improve communication and efficiency, a source familiar with the matter told TechCrunch. “As we plan…
The NFT sector has not yet returned to the glory of its 2022 heyday, but that hasn’t stopped the evolution of the tech. For instance, OpenSea has partnered with the…
NFTs don’t always get taken very seriously, particularly now that AI and content creators are hogging the spotlight, but not everyone is so quick to…
Farcaster hype grows, Bluesky opens to the public and SEC’s Hester Peirce is open to new token proposals
Hello and welcome back to the fourth edition of the new and improved TechCrunch Crypto newsletter. Let’s get into the big headlines.
The NFT space has lost a lot of its sparkle over the past few years, but that hasn’t stopped some founders, investors and projects from trucking along in hopes of…
On Tuesday, Elon Musk’s X wrote about a grand vision for the company in 2024, which includes launching peer-to-peer payments and more AI-powered tools. Amid all this, the company silently…
Sony is breaking new ground in the ongoing NFTs and content authenticity saga. At CES 2024 in Las Vegas, the conglomerate known for its electronics, gaming, and entertainment products has…
Logan Paul is offering refunds for CryptoZoo, the failed and allegedly fraudulent Pokémon-inspired NFT game that he launched in 2021. The catch? You can’t sue him if you get a…
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…
NFTs get a lot of heat, but there’s a widespread belief in the industry that there’s ample value underlying the concept and the various use cases it brings.
AR platform Really launches ‘Fandime’ NFTs to reward users with exclusive movie-related content
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…
Sonu launches its music streaming platform and marketplace to reward fans for buying ‘digital twins’ of songs
Sonu (previously known as Sona) is a new web3 streaming protocol that uses DeFi primitives (decentralized finance basic building blocks) to put the financial power back into artists’ hands with…
Welcome back to Chain Reaction. The crypto market and overall ecosystem may be showing signs of recovery after a prolonged bear market.
Taproot Wizards, a Bitcoin-focused Ordinals project, is trying to change the way the blockchain is perceived.
The company’s toy-focused expansion is its bet that NFTs should have a broader presence, one that’s not limited to the digital world.
It’s been a disastrous week for Mila Kunis and Ashton Kutcher, and it’s only Wednesday. The SEC has charged the Hollywood power couple’s NFT-based web series, “Stoner Cats,” calling the…
Welcome back to Chain Reaction. The NFT space isn’t doing too well right now. It seems like there’s a new project being launched every week,…
Coinbase Wallet, one of the biggest self-custody crypto wallets globally, is launching a direct messaging feature so users can interact with one another through its platform, the company shared exclusively…
Welcome back to Chain Reaction, a podcast that unpacks and dives deep into the latest trends, drama and news in crypto with some of the…
Critics have long discredited non-fungible tokens as overpriced JPEGs sold by people who want to make quick bucks. NFT believers want to prove them wrong and show that these certificates…
Pudgy Penguins, an NFT collection that also doubles as a web3 IP company, is releasing a line of toys dubbed Pudgy Toys.
Welcome back to Chain Reaction. Earlier this week, Pudgy Penguins, an NFT collection that also doubles as a web3 IP company, raised $9 million for…
Welcome back to Chain Reaction. This week I’m writing the newsletter from the currently sunny and always beautiful city of Barcelona, Spain.
The partnership will provide Alibaba’s clients with a launchpad that aims to help businesses launch their own metaverse spaces on Avalanche’s blockchain.
The NFT market may be down from its 2021 peak, but founders, builders and collectors alike are still flooding into the space. And many are looking for fresh capital. Despite…
OP3N, a web3 AI-powered platform, raised a $28 million Series A round that values the company at $100 million, the startup shared exclusively with TechCrunch. “I wanted to make a…
