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Kalshi just raised a $185 million round, led by crypto-focused VC firm Paradigm, bringing the company’s valuation to $2 billion post-money, representatives from Paradigm and Kalshi confirmed to TechCrunch. “Prediction markets remind me of crypto 15 years ago: a new asset class on a path to trillions,” Matt Huang, co-founder and managing partner at Paradigm,…
In 2018, when Bitcoin was trading around $4,000 and most Americans, at least, thought cryptocurrency was a fad, Katie Haun found herself on a debate stage in Mexico City opposite Paul Krugman, the Nobel Prize-winning economist who had dismissed digital assets as near worthless. As Krugman focused on Bitcoin’s wild price swings, Haun steered the…
Iran’s largest crypto exchange, Nobitex, said Wednesday that it was hacked and funds have been drained from its hot wallet. In a statement on its website translated by TechCrunch, Nobitex said it detected unauthorized access to its infrastructure and hot wallet, in which the company stores a portion of its customers’ cryptocurrency. The company said…
Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 set the previous day. The IPO pop demonstrates public market investors’ interest in cryptocurrencies and stablecoins in particular amid…
The U.S. government imposed sanctions on Funnull, a company accused of providing infrastructure for cybercriminals running “pig butchering” crypto scams that have led to $200 million in losses for American victims. On Thursday, the Treasury’s Office of Foreign Assets Control announced the sanctions, saying Funnull is “linked to the majority of virtual currency investment scam…
GameStop announced on Wednesday that it bought 4,710 Bitcoin, which is worth over $500 million at the time of the purchase. The video game retail chain has struggled to stay relevant in a time when digital gaming purchases are increasingly popular — plus, the company took on a new kind of notoriety when it unwittingly…
We were thrilled by the remarkable interest in speaking at TechCrunch Disrupt 2025, taking place October 27–29 at Moscone West in San Francisco. After an in-depth review process, we’ve selected 20 exceptional finalists—10 for breakout sessions and 10 for roundtables. Now, we’re putting the final decision in your hands. Audience Choice voting is open through…
There are just 48 hours left to save up to $900 on your ticket to TechCrunch Disrupt 2025 — and get 90% off the second. After May 25 at 11:59 p.m. PT, Early Bird pricing vanishes — along with your best chance to join 10,000 of tech’s most forward-thinking minds for less. But forget the…
Just 24 hours left to lock in Early Bird pricing for TechCrunch Disrupt 2025 — happening October 27–29 at Moscone West in San Francisco. Save up to $900 on your pass, or bring someone brilliant with you for 90% off their ticket. This deal ends tonight at 11:59 p.m. PT. Grab your Early Bird discount…
The early bird sees the future first — and saves the most. The old saying goes, “the early bird gets the worm.” But in tech — and in life — it’s not really about the worm. It’s about spotting what’s next before the crowd rushes in and the price goes up. TechCrunch Disrupt 2025 is…