VCs set sights on African countries beyond the ‘Big Four’

Africa’s tech startup scene has grown significantly over the last decade, with various reports showing a sizable increase in the number of deals, ticket sizes and funding. Last year, startups in the continent raised about $5 billion, double what was raised in 2021...

Uniswap Labs COO MC Lader on the incentives behind DeFi

Crypto lending and financial services companies have been at the forefront of the industry’s latest controversies ever since the collapse of the Terra stablecoin, with many drawing parallels between the web3 financial system and the broader markets in 2008. But...

Mark Cuban, Mavericks in hot water over Voyager ‘Ponzi scheme’

Lawsuits from disgruntled investors are beginning to stack up after crypto prices plummeted over the past few months, leaving them with steep losses. Billionaire Mark Cuban is the latest celebrity on the receiving end of investor ire. A group of Voyager Digital...

A Tornado (Cash) flew around my room

Image Credits: TechCrunch It seems like there are always people butting heads in the crypto world, and this week was no different. Cryptocurrency mixer Tornado Cash was hit with sanctions by the U.S. and Binance and WazirX disagree over whether the Indian exchange was...

Twitch founder Justin Kan: Web3 games don’t need to lure players with profit

Top crypto VCs are constantly touting the potential of video games as one of the most compelling use cases for blockchain technology. Andreessen Horowitz partner Arianna Simpson, for example, who led the firm’s investment in crypto game Axie Infinity, has given...

There’s always another nightmarish crypto hack around the corner

Welcome back to Chain Reaction. Last week, we looked at the near-term future for crypto gaming as VCs zero in on where to place consumer bets. This week, we’re looking at hardware wallets and the endless journey towards feeling safe in the crypto world. To get...