Crypto News | TechCrunch (2024)

Backpack’s founders, who are building a crypto exchange and wallet, have experienced strong growth since launching in 2022. But the road wasn’t easy. FTX co-led Backpack’s $20 million strategic

Starbucks launched Starbucks Odyssey in 2022 as its initial foray into the web3 world.

Two months ago, media giant Fox Corp. partnered with Polygon Labs, the team behind the Ethereum-focused layer-2 blockchain, to tackle deepfake distrust. Fox and Polygon launched Verify, a protocol tha

Welcome to TechCrunch Crypto, formerly known as Chain Reaction -- it was an eventful week in the crypto world.

Even though NFT sales volume is still down 88% from 2022 all-time highs (and down 38% year-to-date), Pallet Exchange is building a new type of NFT marketplace focused on user retention. And it’s doi

The token behind Solana, a layer-1 blockchain that’s competitive with the Ethereum blockchain, has been through the wringer after it plummeted from a high of about $260 in late 2021 to a low aro

Sei Labs, a startup co-founded by a former Robinhood engineer and a former VC from Coatue, has launched a new open sourced project that offers a novel and exciting approach to make Ethereum faster and

Nigeria is actively seeking information from Binance regarding its top 100 users in the country and all transaction history spanning the past six months, according to a Financial Times report. This ne

Controversial eyeball scanning startup Worldcoin has failed to get an injunction against a temporary suspension ordered Wednesday by Spain’s data protection authority, the AEPD. The authority us

The crypto scene continues to remain so hot that bitcoin is hitting one new high after another. It surpassed $72,700 on Monday. This was initially driven by the approval of spot bitcoin ETFs, but is n

A German subsidiary involved in Sam Altman’s controversial crypto blockchain digital identity business, Worldcoin, was reported Friday to have filed a legal challenge against a suspension order

Zora, an NFT-based social network platform, is continuing its expansion beyond the crypto-sphere into the hot artificial intelligence market, Dee Goens, the startups’ co-founder, said on Chain React

Welcome back to TechCrunch Crypto. It was an eventful week: bitcoin’s price hit a new high, Spain’s data protection authority banned Worldcoin and Binance raised eyebrows after making perfume.

hom*omorphic encryption, a complex technique that uses cryptographic algorithms to keep data secure as it travels around networks and to third parties, continues to elude mass-market scalability and th

Spain’s data protection authority has ordered Worldcoin to temporarily stop collecting and processing personal data from the market. It must also stop processing any data it previously collected

What does crypto smell like? Ozone, salt and moss, according to Binance’s new fragrance, “CRYPTO.” Binance is the largest crypto exchange in the world by volume, but it is facing serious challen

The NFT sector has not yet returned to the glory of its 2022 heyday, but that hasn’t stopped the evolution of the tech. For instance, OpenSea has partnered with the music and arts festival conglomer

It’s been a busy year so far for bitcoin, the largest cryptocurrency by market capitalization, and it’s only March. The digital currency hit a new all-time high for the first time since November 2

Binance will discontinue its naira (NGN) services in response to heightened regulatory scrutiny in Nigeria, it said in a blog post today. The cryptocurrency exchange will begin delisting any existing

Amid the speculation and volatility in the casino-like crypto land, there remains a subset of individuals who espouse blockchain’s potential to decentralize various aspects of human activities f