crypto

Temporary Disruption: Nigerian Cryptocurrency Enthusiasts Face Temporary Inconvenience with Binance, Kraken, and Coinbase Platforms

Gettyimages 1239052293 594x594 1
Some cryptocurrency exchanges in Nigeria faced accessibility issues for users, prompting speculation of imposed restrictions on crypto sites, the Financial Times reported. On Wednesday, local media reported that Nigeria’s telecom regulator, the Nigerian Communications Commission (NCC), received instructions from the country’s apex bank to suspend access to crypto websites, including Binance, Coinbase and Kraken. According to Bloomberg, a presidential spokesman confirmed Nigeria’s issuance of a directive instructing telecoms and internet service providers to block access to cryptocurrency trading platforms. Only users attempting to access the website are impacted, although the app is currently available,” Binance stated. While several Binance users in Nigeria reported difficulties accessing the site in the early hours of Thursday, it appears that the directive to restrict access has been temporarily halted, as these cryptocurrency trading platforms, including Kraken and Coinbase, are currently accessible.

A Comprehensive Approach to Cryptocurrency: Examining the Long-Term Outlook

Gettyimages 1182668877
“It’s the single best time to invest in [crypto] companies,” according to 10T Holdings and 1RoundTable Partners’ CEO, Dan Tapiero. Crypto reporter Jacquelyn Melinek has the inside scoop on why his firm is taking the long view to ride out the volatility of the web3 landscape as it raises its fourth fund. Get the TechCrunch+ Roundup newsletter in your inbox! I’m interested in working in space technology and will be applying for jobs in that field while I’m on OPT. I’ve heard that most space tech companies are reluctant to hire individuals on F-1 student visas due to export rules and other compliance issues.

Worldcoin Unveils New Orb Design for Enhanced User Experience

Screen Shot 2023 05 26 At 3.37.15 Pm 2
Worldcoin to launch new Orb to make its eyeball scanning device look “more friendly” The next iteration will look similar to an “Apple product,” CEO saysIt’s been a little over 180 days since Worldcoin publicly launched – and its futuristic looking Orb device is getting an upgrade, Alex Blania, CEO and co-founder of Tools for Humanity, shared exclusively with TechCrunch. “The new orb is coming” and the “next iterations will look quite different,” Blania said during a fireside chat at a StrictlyVC event on Wednesday. The next Orb will roll out the first half of this year and will have alternative colors and “form factors,” in an effort to look “much more friendly,” Blania shared. Tools for Humanity is the company that created Worldcoin, the crypto project co-founded by Blania, Sam Altman and Max Novendstern. Its flagship device is a five-pound chromatic bowling ball-sized device that looks like something out of a sci-fi movie.

Worldcoin Unveils New Orb Design for Enhanced User Experience of Eye-Scanning Device

Screen Shot 2023 05 26 At 3.37.15 Pm 1
Worldcoin to launch new Orb to make its eyeball scanning device look “more friendly” The next iteration will look similar to an “Apple product,” CEO saysIt’s been a little over 180 days since Worldcoin publicly launched – and its futuristic looking Orb device is getting an upgrade, Alex Blania, CEO and co-founder of Tools for Humanity, shared exclusively with TechCrunch. “The new orb is coming” and the “next iterations will look quite different,” Blania said during a fireside chat at a StrictlyVC event on Wednesday. The next Orb will roll out the first half of this year and will have alternative colors and “form factors,” in an effort to look “much more friendly,” Blania shared. Tools for Humanity is the company that created Worldcoin, the crypto project co-founded by Blania, Sam Altman and Max Novendstern. Its flagship device is a five-pound chromatic bowling ball-sized device that looks like something out of a sci-fi movie.

Introducing the New Orb by Worldcoin: A User-Friendly Upgrade to their Eye Scanning Device

Screen Shot 2023 05 26 At 3.37.15 Pm
Worldcoin to launch new Orb to make its eyeball scanning device look “more friendly” The next iteration will look similar to an “Apple product,” CEO saysIt’s been a little over 180 days since Worldcoin publicly launched – and its futuristic looking Orb device is getting an upgrade, Alex Blania, CEO and co-founder of Tools for Humanity, shared exclusively with TechCrunch. “The new orb is coming” and the “next iterations will look quite different,” Blania said during a fireside chat at a StrictlyVC event on Wednesday. The next Orb will roll out the first half of this year and will have alternative colors and “form factors,” in an effort to look “much more friendly,” Blania shared. Tools for Humanity is the company that created Worldcoin, the crypto project co-founded by Blania, Sam Altman and Max Novendstern. Its flagship device is a five-pound chromatic bowling ball-sized device that looks like something out of a sci-fi movie.

“New Crypto Fund Takes ‘Long-Term, Low Volatility’ Approach: Roundtable’s Bet for Sustainable Growth”

Gettyimages 110443467
In fact, in the midst of raising the firm’s fourth fund, he seems to be positively cheery about the state of the crypto market despite how things are going. With over $1.2 billion in assets under management, 10T counts major crypto entities like Gemini, Kraken, Yuga Labs and Animoca Brands as part of its portfolio. And 1Roundtable Partners (1RT), Tapiero’s growth-stage firm, is also raising a not-insignificant amount for its upcoming fund: a minimum of $200 million and up to $800 million. As the bear market thaws, Tapiero sees few other growth equity investors dedicated to the crypto space at this point in time. Taking the long viewWith the new fund, 1RT plans to make about 10 to 15 additional investments with hopes of gaining another five to 10 board seats across those portfolio companies, Tapiero said.

Reviving Venture Interest: Crypto’s Recent Successes

Nsussman Techcrunch Exchange V3 Grn 1
Like a tenacious balloon, no matter how hard crypto gets knocked down, it tends to float back up again. I’ve found that to be true in all the years I have covered the decentralized market and economy since 2013. After a lengthy downturn — a crypto winter, if you want — blockchains and their constituent tokens and services seem to be on a rebound. Data paints the picture: Spot trading volumes reached a 12-month high earlier this month, the total value of crypto tokens has appreciated materially in recent months, and even NFTs are showing signs of life. Yet, despite the run of positive news, venture capitalists’ interest in web3 startups continued to decline in Q4 2023, dipping further underneath a severely depressed third-quarter figure.

“Bullish Bitcoin ETF Volume Surges, Coinbase Faces Legal Battle, Solana Mobile Unveils Cutting-Edge Device, and Google Restricts Cryptocurrency Apps in Indian Market”

Gettyimages 1309660543
Bitcoin spot ETF volume rose, Coinbase went to court, Solana Mobile announces new device and Google cuts crypto apps in IndiaWelcome to TechCrunch Crypto, formerly known as Chain Reaction. To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. Prior to the U.S. Securities and Exchange Commission’s approval of the spot bitcoin ETFs, some experts told me they expected trading volumes to hit $10 billion in a year, not a week. Monica has spent the last 10 years at Ripple, working her way up from the director of communications to now, president. What else we’re writingWant to branch out from the world of web3?

Solana Mobile’s Second Phone Creates Massive Buying Surge, Pushing Preorders to Uphill Heights

Sm Chapter 2
Solana Mobile is swinging for the stars after it announced a second, cheaper web3 phone phone dubbed “ Chapter 2 ” earlier this week. Demand for the Chapter 2 is apparently so high, Solana Mobile hit its 7-day sales goal within the first 24 hours, Raj Gokal, co-founder of Solana and president of Solana Labs, exclusively told TechCrunch. In the first 24 hours after the phone was announced, Solana Mobile saw over 25,000 preorders, and by the 30-hour mark, it had 30,000 preorders, Gokal said. “For developers, Solana Mobile is creating a massive opportunity for crypto app teams looking to incentivize their users,” Gokal said. “Giving back to the community has a snowball effect: As more developers start releasing crypto-incentivized apps to Solana Mobile users, we’ll see even greater adoption,” Gokal said.

Kiln Rakes In $17M During Uncommon Crypto Fundraising Efforts for Revolutionary Staking Tech Provider

Gettyimages 1176138188
According to PitchBook data, VC investments in crypto companies are down by 68% in 2023 compared to 2022. But that’s a small number compared to 2022, the year during which crypto companies raised $30 billion. French crypto startup Kiln just closed a $17 million funding round in December 2023. As a reminder, staking consists in locking crypto assets in a blockchain to secure a blockchain and its transactions. Several proof-of-stake blockchains let its users stake crypto assets, such as Polygon, Solana and Avalanche.