Category: Crypto

A dearth of funding for vital open source technologies is leading to a swath of support from startups, unicorns, corporations, and even venture capital firms. Last year, Bloomberg launched its FOSS (free and open source software) fund, committing up to $90,000 per year to various projects. And in October, Indian financial services company Zerodha launched…

It’s clear that Gen Z has an influence on app consumption. Known as the “mobile-first generation,” they make up about 40% of all mobile users worldwide. Curious about their preferences, we recently contacted the app intelligence firm Appfigures, which provided an overview of the 50 most downloaded apps by Gen Z this year. Due to…

Attempts to regulate AI to date have focused on some mythical future instead of understanding what new risks AI actually introduces, argues VC Martin Casado. © 2024 TechCrunch. All rights reserved. For personal use only. ​ The problem with most attempts at regulating AI so far is that lawmakers are focusing on some mythical future…

Former Apple engineer Alex Ruber and former Twitter and Asana engineer Parth Chopra first met on Y Combinator’s founder match platform, then met in person at a thrift store for shopping. They later went on a thrift store shopping trip where they talked about solving problems with finding the right product in the online space.…

Equal, an Indian startup founded by Keshav Reddy, has raised $10M in its maiden funding round led by Prosus Ventures to scale identity verification and financial data sharing. © 2024 TechCrunch. All rights reserved. For personal use only. ​ India, the world’s most populous country and the second-largest internet market after China, is becoming increasingly…

After a chip manufactured by Taiwan Semiconductor Manufacturing Company was found inside a Huawei processor, the US Department of Commerce has ordered the company to halt shipments of advanced chips to Chinese customers, according to a report in Reuters. Huawei faces significant trade restrictions from the US, so the pause on shipments is supposed to…

The PRESS Act would protect a journalist’s sources, and gained unanimous bipartisan support when passed by the House in January. © 2024 TechCrunch. All rights reserved. For personal use only. ​ Folks in America: Your senators only have a few weeks left to pass the PRESS Act, a federal “shield” bill that the House passed…

Lawsuits against X (formerly Twitter) will soon be heard in the US District Court for the Northern District of Texas. The shift was first announced last month as part of a broader set of changes to X’s terms of service and privacy policy. Now, with the changes set to take effect on November 15, The…

Bankrupt cryptocurrency company FTX filed 23 lawsuits Friday against Anthony Scaramucci (pictured above), his hedge fund SkyBridge Capital, and other organizations including Crypto.com and the Mark Zuckerberg-backed lobbying group Fwd.us. These lawsuits are an attempt to claw back money for FTX’s creditors following the company’s collapse. FTX claims that the money targeted in these suits…

Founders hope that their startups continually raise larger funding rounds at escalating valuations. But unexpected challenges, such as a global health crisis or a sudden surge in interest rates, can have a significant impact on a company’s ability to maintain its valuations. Some of these startups may have to resort to down rounds, which are…