Framework Ventures co-founder says DeFi gives hope following FTX collapse

Injective launches $150M ecosystem fund to accelerate interoperable infra and DeFi adoption

Injective, a layer-1 blockchain focused on building financial applications, has launched a $150 million fund ecosystem initiative, the platform’s CEO and co-founder, Eric Chen, told TechCrunch. “We’ve seen a lot of ecosystem funds in the past do various things, but there isn’t really an established ecosystem fund for Injective and Cosmos as a whole,” Chen […]

Read more
As BlockFi files for bankruptcy, how contagious will FTX’s downfall become?

DCG’s crypto lending subsidiary Genesis files for Chapter 11 bankruptcy

Genesis Global Trading, a subsidiary of the crypto conglomerate Digital Currency Group (DCG), filed for Chapter 11 bankruptcy in the Southern District of New York (SDNY) court late Thursday night. Genesis Global Holdco and two of its lending business subsidiaries Genesis Global Capital and Genesis Asia Pacific filed voluntary petitions under the bankruptcy code for […]

Read more
Delphia co-founder placed on leave after sexual assault allegations from former employee

Delphia co-founder placed on leave after sexual assault allegations from former employee

Delphia, a mobile investment platform, is facing a lawsuit and allegations that its co-founder and CTO Cameron Agius-Westland sexually assaulted and harassed a former employee, according to a complaint filed on Monday and shared exclusively with TechCrunch. The complaint alleges that on August 17, 2022, Westland “sexually assaulted and harassed Plaintiff for at least 30 […]

Read more
The Easy Company raised $14.2M to build an easy-to-use ‘social’ crypto wallet

The Easy Company raised $14.2M to build an easy-to-use ‘social’ crypto wallet

The Easy Company has raised $14.2 million in a seed round and launched its “social” crypto wallet to help onboard more mainstream audiences, it shared exclusively with TechCrunch. Easy aims to combine user-curated profiles with engaging social features so that people can search, navigate and discover the world of web3 on their own. Today, its […]

Read more
Solana price spikes as newly launched dog coin BONK gains community hype

Solana price spikes as newly launched dog coin BONK gains community hype

Last week, Solana (SOL) fell to its lowest level since February 2021. But its price has risen over 12% in the past 24 hours on Tuesday after almost nine days of consecutive losses that brought its price to around $8 on Friday. Amid Solana’s movement, the two largest cryptocurrencies by market cap, bitcoin and ether, […]

Read more