French startup Ledger has added more money to its Series C funding round. The company designs and manufactures so-called hardware wallets to secure crypto assets. In 2021, the company raised €356 million ($385 million at today’s exchange rate). And the company is adding another €100 million ($108 million) in new funding. This is an extension […]
AI is riding high on a curve of hype, which means some of the practical questions that might grow louder over time — the many costs (financial and social), the business models — may not be the most front of mind right now. Today a startup called Fetch.ai is announcing $40 million in funding in […]
Another bomb has fallen on the crypto space — and the impact could be far-reaching On Monday, the U.S. Commodity Futures and Trading Commission announced it was suing Binance, the world’s largest crypto exchange by volume; its CEO, Changpeng Zhao; and chief compliance officer Samuel Lim. The company, Zhao and Lim are being sued for […]
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 at the moment around the laws they’re supposed to be in alignment with. Take, for instance, what the U.S. Commodity Futures […]
U.S. prosecutors today filed a superseding indictment against former FTX CEO Sam Bankman-Fried alleging he bribed Chinese officials. According to court filings from the U.S. District Court for the Southern District of New York, “in or about 2021,” Bankman-Fried “authorized and directed a bribe of at least $40 million to one or more Chinese government […]
Binance, the world’s largest crypto exchange by volume; its CEO Changpeng Zhao; and Chief Compliance Officer Samuel Lim, are being sued by the U.S. Commodity Futures and Trading Commission, according to a filing on Monday. The company, Zhao, Lim are being sued for allegedly breaking trading and derivatives rules. The exchange has never registered with […]
W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. When The Cure’s frontman Robert Smith said he was “sickened” by Ticketmaster fees, many of us felt vindicated. The platform then refunded some […]
Welcome back to Chain Reaction, a podcast that interviews newsmakers in crypto to better understand the tech behind the hype and the people working to build a decentralized future. For this week’s episode, Jacquelyn interviewed Emin Gün Sirer, the founder and CEO of Ava Labs. Ava Labs has raised a total of about $640 million, […]
Welcome to another episode of The TechCrunch Podcast where we break down the biggest stories in tech news with the people who cover it. This week, I talk with Taylor Hatmaker about the TikTok CEO’s congressional testimony and Jacquelyn Melinek is here to catch us up on everything that’s been going on in crypto, from […]
Updated at 7.02 Pacific Time on March 24: Binance said it has completed the maintenance and resumed deposits, withdrawals and spot trading functionalities. Our original story follows. Binance, the world’s largest crypto exchange, has temporarily suspended all spot trading, deposits and withdrawals citing an “issue” that it’s working to resolve. “Initial analysis indicates matching engine […]