Cypto

The promise and warning of Truth Terminal, the AI bot that secured $50,000 in Bitcoin from Marc Andreessen

“I think the most ironic way the world could end would be if someone makes a memecoin about a man’s stretched anus and it brings about the singularity.” That’s Andy Ayrey, the founder of decentralized AI alignment research lab Upward Spiral, who is also behind the viral AI bot Truth Terminal. You might have heard […]

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Aave protocol developer secures $31 million for Lens, a high-performance blockchain for social apps

Avara, the company behind Aave, Lens and Family, is announcing a $31 million funding round led by Lightspeed Faction. With Lens, Avara is building a decentralized protocol that could serve as the infrastructure for social and consumer apps. This funding announcement comes a few weeks after Lens unveiled a completely overhauled version of its protocol,

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Coinbase now lets you buy crypto with Apple Pay in third-party apps

Coinbase announced an integration with Apple Pay on Monday, allowing app makers to build the ability to buy crypto with Apple Pay directly into their apps. The integration is part of Coinbase Onramp, which gives app makers a way for customers to turn their traditional currencies, such as USD, into cryptocurrencies. That process has historically

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A Conversation with Jonathan Levin at Strictly VC NYC 2024

Rebecca Bellan in conversation with Jonathan Levin, co-founder and CSO of Chainalysis at Strictly VC NYC 2024. Subscribe for more on YouTube: https://tcrn.ch/youtube Follow TechCrunch on Instagram: http://tcrn.ch/instagram TikTok: https://tcrn.ch/tiktok X: tcrn.ch/x Threads: https://tcrn.ch/threads Facebook: https://tcrn.ch/facebook Bluesky: https://tcrn.ch/bluesky Mastodon: https://tcrn.ch/mstdn Read more: https://techcrunch.com/ Source

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Block scales back TIDAL investment and shutters TBD in favor of Bitcoin mining

Jack Dorsey’s Block is scaling back its investment in TIDAL, the music streaming platform once owned by Jay-Z, according to a shareholder letter on Thursday. Block is also shutting down TBD, a Bitcoin-focused arm of the business that previously set out to build a decentralized internet, dubbed “Web5.” These cuts will free up the company

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Crypto CEO kidnapped in Toronto, released after paying $1M ransom

The CEO of Canadian cryptocurrency firm WonderFi was kidnapped and held for ransom on Wednesday, according to CBC. Dean Skurka was reportedly shoved into a vehicle in downtown Toronto during rush hour, only to be released uninjured after electronically sending $1 million (presumably CAD) to his captors. The WonderFi CEO is the latest crypto celebrity

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Three venture capitalists try to find the consensus of crypto VC

In the crypto space, it’s time to scale. All signs point toward a period of growth with high market prices, a more favorable regulatory landscape and a large ecosystem of scaling solutions that work. Watch as TechCrunch Reporter Romain Dillet talks with NFX General Partner Morgan Beller, Galaxy Ventures General Partner Will Nuelle, and Dragonfly

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Prominent crypto critic says someone offered bribes to take down a blog post

In August, the crypto news website Web3 Is Going Just Great published a post about the arrest of Roman Ziemian, the founder of crypto trading platform FutureNet, which is alleged to have defrauded victims out of a combined $21 million.  For the news site’s administrator, Molly White, a software engineer and one of the world’s

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Sam Altman’s Worldcoin becomes World, and shows new iris-scanning Orb to prove your humanity

Worldcoin, the Sam Altman co-founded “proof of personhood” crypto startup that scans people’s eyeballs, announced on Thursday that it dropped the “coin” from its name and is now just “World.” The startup also unveiled its next generation of iris-scanning “Orb” and other tools at a live event in San Francisco. Co-founder and CEO of World,

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FTX’s Ryan Salame posts jokes on LinkedIn as he heads to prison

After the criminal implosion of the crypto exchange FTX, many of the company’s executives have been found guilty on various counts of fraud or conspiracy to commit such acts. Ryan Salame, the former co-CEO of FTX Digital Markets, is starting his seven-and-a-half-year fraud sentence today, but not before posting an all-time absurd LinkedIn post (and

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