Developers Excluded From Broker Label in New DCCPA Bill Draft
Stakeholders say that this latest draft of the bill softens language that would otherwise be detrimental to the Decentralized Finance (DeFi) industry.
4,400 disgruntled investors are hunting for Terra’s Do Kwon
A retail investor group is trying to track down Terraform Labs co-founder Do Kwon following the crash of the Terra ecosystems’ cryptocurrencies.
Stop Writing Dead Programs
Comments
Ethereum Alarm Clock exploit leads to $260K in stolen gas fees so far
Web3 security firm Supremacy highlighted Etherscan transaction history that showed the hacker(s) were able to swipe 204 ETH in gas fees so far, worth roughly $259,800.
The Mystery of 355/113 (2010)
Comments
First Mover Asia: Why Bridges Are So Vulnerable to Exploit; Bitcoin Falls Under $19K
One crypto developer says that centralization and reliance on private key holders are to blame, not the inherent technology and logic behind the bridges themselves.
Skuad manages hiring and compliance for building distributed teams
Singapore-based Skuad helps companies hire employees in different countries while staying compliant with local employment regulations and processing cross-border payroll. The startup announced today it has raised $15 million in Series A funding. Skuad has signed up more than 350 employers so far, mostly from North America, Europe and Southeast Asia. This funding round, which … Read more
We’re Drowning
Comments
Date night? Relationship app Sparks wants to help you plan a lovely evening
There’s an abundance of dating apps on the market, but there aren’t many apps that aim to keep the spark alive after you enter a relationship. Enter Sparks, an app catering to existing couples looking to introduce new and fun experiences to their lives. The Barcelona-based startup, which exhibited as part of the Battlefield 200 … Read more
UK watchdog gives first report into how video sharing sites are tackling online harms
The UK’s media watchdog, Ofcom, has published a debut report on its first year regulating a selection of video-sharing platforms (VSPs) — including TikTok, Snapchat, Twitch, Vimeo and OnlyFans — following the introduction of content-handling rules aimed at protecting minors and others from viewing harmful user-generated video content online. As well aiming to shrink the risk … Read more
Daily Crunch: World’s largest Black-led VC fund leads $4M seed round for Nigerian retail automation startup
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. What’s uuuuup, you wonderful humans. We’re psyched to be reporting live from TechCrunch Disrupt — without ignoring the rest of the world, natch. It’s been a super fun day, and we’re here … Read more
Before ETH drops further, set some money aside for surprise taxes
Ethereum’s Merge resulted in a Proof-of-Work airdrop. That means you could be on the hook for tokens you didn’t even want.
Theneo wants to bring Stripe-like API documentation to all developers
A new company is taking a leaf out of Stripe’s API playbook with a platform that makes it easy for any company to create clear API documentation, while also allowing non-technical team members to contribute to the process. Demoing as part of the Battlefield 200 cohort at TC Disrupt this week, TechCrunch met up with … Read more
We are still early with the cloud
Comments
US to launch ‘labeling’ rating program for internet-connected devices in 2023
The Biden administration said it will launch a cybersecurity labeling program for consumer Internet of Things devices starting in 2023 in an effort to protect Americans from “significant national security risks.” It’s no secret that IoT devices generally have weak security postures. Weak default passwords have allowed botnet operators to hijack insecure routers to pummel … Read more
RIF Robotics powers robots that inspect and organize surgical equipment
Several years ago, Kevin DeMarco’s aunt was an operating room nurse who asked DeMarco — knowing that he programmed robots for a living — if there was a robot that could prepare surgical equipment. After investigating the problem with a colleague at Georgia Tech, where DeMarco was working as a research faculty member, he decided … Read more
OnlyFans CEO says adult content will still have a home on the site in 5 years
OnlyFans has been putting a lot of effort into upcycling its image from an adult content subscription platform to a Patreon-like home for all kinds of creators, but it’s far from moving away from them as users. Today CEO Ami Gan of the platform confirmed that adult content will still have a home on the … Read more
Solana co-founder sees its web3 phone as a ‘developer play’ to target crypto audience
It’s been almost four months since the layer-1 blockchain Solana announced its web3-focused smartphone Saga and as the phone is approaching its official release date, the plan has shifted. “Our goal isn’t to sell 10 million units,” Anatoly Yakovenko, co-founder of Solana, said on stage at Disrupt 2022. “We would be very happy with 25,000 … Read more
Kayhan Space is making orbit safer with timely, automatic collision warnings for satellites
The orbital economy is heating up, but the infrastructure that supports it is starting to creak. Kayhan Space is a startup that makes sure your satellite doesn’t crash into another — or a launch or piece of space trash, for that matter — using modern data crunching techniques and a web-accessible platform. Kayhan presented today … Read more
Crypto Asset Manager Valkyrie Lost the Biggest Investor in Its $11M Funding Round
Valkyrie is seeking other ways to raise the money, which it initially said it didn’t really need.
Advanced Ionics teases electrolysis innovation ‘to clean up’ the filthy hydrogen business
Advanced Ionics, a climate-tech startup that hails from Milwaukee, Wisconsin, is striving to drive down the price of green hydrogen by slashing how much electricity is needed for electrolysis by as much as 50%. That’s an admirable goal, because despite all the talk of hydrogen as a “fuel of the future,” the industry is still … Read more
The Warriors’ Draymond Green will talk new media tomorrow at Disrupt
Fresh off his fourth NBA ring and a blockbuster opening night, Golden State Warriors power forward and 4x NBA champion, Draymond Green, will help us kick off the final day of Disrupt in style. Join us tomorrow at 9AM PT at the Disrupt stage in-person, or catch it live on TechCrunch’s homepage. Green has spent … Read more
Stablecoin demand maintains pace as other cryptocurrencies tumble
More investors are swapping cryptocurrencies for stablecoins, signaling a potential shift toward the less risky asset. Stablecoin dominance is near 16%, about 2.7 percentage points away from an all-time high set in mid-June. (This percentage is determined by how much of the total crypto market capitalization is made up of stablecoins; it is, from one … Read more
Watch Serena Williams talk about the biggest investment she missed out on and more
Serena Williams was our guest at TechCrunch Disrupt 2022, and joined TC Deputy Editor-in-Chief Jordan Crook to talk about Serena Ventures, the investment firm she founded with Alison Rapaport Stillman. She talked to us at length about her approach to startup investing, including how much her investor persona differs from her tennis persona, and also … Read more