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Craig Wright Found in Contempt of Court Over Bitcoin Creation Claims

19 December 2024 at 09:03
A UK judge has ruled that Craig Wright violated a court order preventing him from bringing lawsuits based on his spurious claim to be Satoshi Nakamoto, creator of Bitcoin.

World(coin) must let Europeans comprehensively delete their data, under privacy order

19 December 2024 at 09:00

It took a lot more than the initially slated few weeks to arrive, but a pivotal privacy decision that’s been hanging over Sam Altman’s World (aka Worldcoin) for months has finally landed, via a late December decision from the Bavarian data protection authority enforcing the bloc’s General Data Protection Regulation (GDPR), a comprehensive privacy framework […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

With Neverless, former Revolut execs want to make meme coins easy to buy

19 December 2024 at 05:33

There’s an ocean of meme coins beyond Dogecoin, and a new startup called Neverless wants to make it easier to get started with trading crypto, with a particular focus on providing access to small-cap tokens. This is an interesting new crypto startup, founded by three former executives at Revolut, the London-based fintech juggernaut. Phuc To […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

North Korea-linked hackers accounted for 61% of all crypto stolen in 2024

By: Kate Park
19 December 2024 at 05:00

Alongside the rising adoption and value of crypto assets, theft is also on the rise. This year, the total value of cryptocurrency stolen surged 21%, reaching a substantial $2.2 billion. And according to a Chainalysis report released on Thursday, more than half of this amount was stolen by North Korea-affiliated hacking groups. Earlier this year, […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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

19 December 2024 at 04:50

β€œI 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 […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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

18 December 2024 at 06:00

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 L2 network 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 […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Remote enables USDC crypto payouts for contractors

17 December 2024 at 04:00

Getting paid in cryptocurrencies may sound like a bad idea, but this could be an actually useful feature for international contractors. Remote, the company that lets you hire people and manage contractors all around the world, is introducing crypto payouts on Tuesday. Companies based in the U.S. can start paying their contractors with stablecoins in […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

This stealthy African stablecoin startup already processed over $1B in cross-border payments

16 December 2024 at 01:08

Juicyway, an African fintech that leverages stablecoin technology to power fast and cheap cross-border payments, is launching out of stealth after processing over $1 billion in transaction volume for thousands of African businesses over the last three years. The fintech claims to have processed over 25,000 transactions, generating $1.3 billion in total payment volume (TPV) […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Kalshi CEO admits enlisting influencers to dis Polymarket in a now-deleted podcast segment

13 December 2024 at 14:51

Kalshi CEO Tarek Mansour confirmed on a podcast interview that his employees asked social media influencers to promote memes about the FBI’s raid on the home of his archrival, the CEO of Polymarket.Β  Both companies offer competing events-betting markets, a new kind of betting industry where people wager about the outcomes of events ranging from […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Bitcoin ATM giant Byte Federal says 58,000 users’ personal data compromised in breach

12 December 2024 at 00:33

Byte Federal, one of the largest Bitcoin ATM operators in the U.S., said the personal data of thousands of customers may have been compromised during a recent breach. In a filing with Maine’s attorney general, Florida-based Byte Federal said hackers tried to access the data of 58,000 customers, including names, addresses, phone numbers, government-issued IDs, […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

HongShan, Peak XV back stablecoin-powered neobank KAST

11 December 2024 at 00:32

Peak XV and HongShan, the Indian and Chinese investment firms that split from powerhouse Sequoia last year, have co-led a $10 million seed investment in KAST, a dollar-denominated neobank-like platform that lets customers hold and spend stablecoins through traditional payment avenues.Β  Kast also issues credit cards that work with standard merchant networks, enabling users to […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

If you can make this AI bot fall in love, you could win thousands of dollars

6 December 2024 at 14:52

If you can be the first person to get an AI bot named Freysa to say β€˜I love you,’ you’ll win anywhere from $3,000 to tens of thousands of dollars.Β Β 

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Ex-PayPal COO David Sacks is Trump’s new crypto and AI β€˜czar’

5 December 2024 at 17:43

Incoming President Donald Trump has a new crypto and AI β€œczar”: ex-PayPal COO David Sacks. Trump announced Sacks’ appointment Thursday in a post on Truth Social, Trump’s social networking platform. β€œ[Sacks] will work on a legal framework so the Crypto [sic] industry has the clarity it has been asking for, and can thrive in the […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Chainalysis permanently parts ways with its founding CEO

5 December 2024 at 05:00

Michael Gronager, the co-founder and longtime CEO of Chainalysis, has agreed to leave the company permanently, two months after taking a temporary personal leave of absence. Chainalysis, a buzzy 10-year-old, New York-based blockchain data platform, will now be led by co-founder Jonathan Levin, as Levin told TechCrunch, explaining that on Tuesday, its board of directors […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

Bitcoin zooms past $100,000 mark for the first time

4 December 2024 at 20:49

Bitcoin prices have been on the rise this year and the cryptocurrency has reached the $100,000 price point for the first time on Wednesday. The cryptocurrency’s price has jumped more than 5% in the last 24 hours. The latest rally began with the election of Donald Trump as president, as he promised a more crypto-friendly […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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

2 December 2024 at 12:11

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 […]

Β© 2024 TechCrunch. All rights reserved. For personal use only.

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