Why Twitter anons are sending crypto to celebrities

Welcome back to Chain Reaction. Last week, we talked about a hack that gave new, ironic meaning to the word “trustless.” This week, we’ll get into one of the most polarizing aspects of crypto — privacy. If someone forwarded you this message,...

Wire grabs fresh funding for secure messaging tech that’s big with G7 governments

More funding for European end-to-end encrypted messaging app, Wire: The enterprise-focused messaging platform told TechCrunch it closed a €24 million Series C round of funding led by growth equity firm Cipio Partners and Iconical, the investment vehicle of Skype...

Solana’s speedy approach to crypto is attracting developers, despite hiccups

Although the crypto market isn’t always sunshine and flowers, some prominent industry players, including Solana co-founder Raj Gokal, still have an optimistic outlook for growth — at least about their own projects. “I think the thesis and promise of Solana...

Tiffany and Gucci’s dip into crypto is a balance of reputation and revenue

Are crypto integrations by household name brands and sports teams evidence of increasing use cases for digital assets and cryptocurrencies — or more of a marketing ploy? This week, Tiffany & Co., Gucci and FC Barcelona all dove deeper into the crypto sphere...

Securities are in the eye of the beholder

Image Credits: TechCrunch The U.S. Securities and Exchange Commission has brought down its wrath on Coinbase. The publicly traded exchange has been under investigation for allegedly selling crypto tokens on its platform that qualify as securities without adhering to...

Investors focus on DeFi as it remains resilient to crypto market volatility

As many subsectors in the crypto market continue to take heavy hits from recent volatility, some market players see decentralized finance (DeFi) as resilient and gaining interest despite the negative macroeconomic environment. Centralized financial institutions are...