Cypto

FTX crypto fraud victims to get their money back — plus interest

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Bankruptcy lawyers representing customers impacted by the dramatic crash of cryptocurrency exchange FTX 17 months ago say that the vast majority of victims will receive their money back — plus interest. The news comes six months after FTX co-founder and former CEO Sam Bankman-Fried (SBF) was found guilty on seven counts related to fraud, conspiracy, and […]

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Crypto? AI? Internet co-creator Robert Kahn already did it… decades ago

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Robert Kahn has been a consistent presence on the Internet since its creation — obviously, since he was its co-creator. But like many tech pioneers his resumé is longer than that and in fact his work prefigured such ostensibly modern ideas as AI agents and blockchain. TechCrunch chatted with Kahn about how, really, nothing has

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Alliance DAO is attracting fewer US founders amid crypto crackdown

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The graduates of Alliance DAO are often useful indicators of investor appetite and user adaption trends within the crypto space. The latest batch of the stage-agnostic crypto accelerator, unveiled today, comes at a moment of great excitement for the recovering market. Just two months ago, Bitcoin hit its all-time high; though the value of the

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After 6-year hiatus, Stripe to start taking crypto payments, starting with USDC stablecoin

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Stripe, the fintech giant, continues to inch its way back into the cryptocurrency market. On Thursday the company announced that it would let customers accept cryptocurrency payments, starting with just one currency in particular, USDC stablecoins, initially only on Solana, Ethereum and Polygon. This will be the first time that Stripe has taken crypto payments

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Block lets Square merchants convert a part of their daily sales to bitcoin

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Block, the company behind Square, Cash App and other services, announced a new program today allowing merchants using Square’s solutions to convert a percentage of their daily sales to bitcoin. The feature, rolling out in the U.S. starting today, will transfer 1-10% of Square sellers’ daily sales to their personal Cash App account. This amount

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Security engineer jailed for 3 years for $12M crypto hacks

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Shakeeb Ahmed, a cybersecurity engineer convicted of stealing around $12 million in crypto, was sentenced on Friday to three years in prison. In a press release, the U.S. Attorney for the Southern District of New York announced the sentence. Ahmed was accused of hacking into two cryptocurrency exchanges, and stealing around $12 million in crypto,

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Kiki World, a beauty brand that uses web3 for customer co-creation and ownership, raises $7M from a16z

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If you think that choosing a nail polish color or which ingredients go into your face cream can’t have anything to do with blockchain, think again. Kiki World, a beauty startup launched last year, wants consumers to co-create products and co-own the company with the help of web3 technology. On Tuesday, LA-based Kiki announced that

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