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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 […]
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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, […]
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If the crypto industry doesn’t get clear rules of the road, expertise will move offshore, experts say.
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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. Welcome back to Chain Reaction. It was a big week in the crypto world as the U.S. Securities and Exchange Commission clamped down on major crypto companies like Coinbase and Tron […]
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Do Kwon, the founder of Terraform Labs, has reportedly been arrested in Montenegro, according to a local government official.
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The U.S. Securities and Exchange Commission sued Justin Sun, the founder of Tron, on allegations of orchestrating “unregistered offer and sale, manipulative trading and unlawful touting of crypto asset securities,” the agency stated Wednesday. The SEC said it was suing Sun, his Tron foundation, the BitTorrent Foundation and BitTorrent (now referred to as Rainberry) over […]
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Magic Eden, one of the largest cross-chain NFT platforms, launched a Bitcoin marketplace for digital artifacts, the company shared on Tuesday. “We are already a multichain platform and believe that adding Bitcoin will connect us to a deep community of people and a rapidly growing collectibles market thanks to Ordinals,” Zhuoxun Yin, COO and co-founder […]
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Seed Club, a DAO-focused accelerator program, has launched its venture arm out of stealth mode with a $25 million fund, the team shared exclusively with TechCrunch. “Seed Club is a DAO for builders at the intersection of builders and culture with three areas: an accelerator, a community of members and now the venture arm,” said […]
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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 connection for creators, chats and commerce in one place,” Jaeson Ma, co-CEO of OP3N, said to TechCrunch. “It’s a web3 version of WhatsApp meets Amazon, […]
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The web3 gaming space is set to explode over the next few years, Robbie Ferguson of Immutable and Ryan Wyatt of Polygon Labs predict.
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