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The clock is ticking for one of our Super Early Bird sales! You have just 5 days left to lock in your 2 for 1 Passes at the lowest rates of the year for TechCrunch Disrupt 2025. Save up to $1,400 on two of the same individual ticket type. This limited-time offer ends this Friday,…
In the summer of 2020, as pandemic-driven volatility gripped markets, SoftBank Group shocked Wall Street with a series of massive options bets on U.S. technology stocks. Behind those trades — which earned SoftBank the “Nasdaq whale” moniker — was Akshay Naheta, an executive whose career has been marked by bold wagers on disruption. Now, after…
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…
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. Kast also issues credit cards that work with standard merchant networks, enabling users to…
Incoming President Donald Trump has a new crypto and AI “czar”: ex-PayPal COO David Sacks. Trump announced Sacks’ appointment Thursday in a post on Truth Social, Trump’s social networking platform. “[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…
Bitcoin prices have been on the rise this year and the cryptocurrency has reached the mark of $100,000 price point for the first time on Wednesday. The cryptocurrency’s price has jumped more than 5% in the last 24 hours. The latest rally began with the election of Donald Trump as president, as he promised a…
With Elon Musk playing such a high-profile role in Donald Trump’s transition team, Musk’s buddies, many of them Silicon Valley venture capitalists, are reportedly being tapped to help out. For instance, VC firm Andreessen Horowitz, and in particular co-founder Marc Andreessen, is repeatedly being mentioned. He, along with Antonio Gracias and Joe Lonsdale, are reportedly…
Jack Dorsey’s Block is scaling back its investment in TIDAL, the music streaming platform once owned by Jay-Z, according to a shareholder letter on Thursday. Block is also shutting down TBD, a Bitcoin-focused arm of the business that previously set out to build a decentralized internet, dubbed “Web5.” These cuts will free up the company…
OpenAI’s official press account on X appears to have been compromised by the same cryptocurrency scammers who did the same with company leadership in previous months. Late Monday afternoon, OpenAI Newsroom, an account OpenAI recently created to spotlight product- and policy-related announcements, posted about a supposedly new OpenAI-branded blockchain token, “$OPENAI.” “We’re very happy to…
In a development that will surprise few, former WeWork CEO Adam Neumann’s climate/crypto/carbon-credit startup Flowcarbon appears to be in the process of curling up to die, Forbes reported today. Buyers of the outfit’s “Goddess Nature Token,” pitched as the first step in putting carbon credits on the blockchain, have reportedly been contacted about receiving refunds…