Welcome to TechCrunch Fintech! This week, we’re looking at Rippling’s controversial decision to ban some former employees from selling their stock, Carta’s massive valuation drop, a GenZ-focused fintech […]
Robinhood acquires global crypto exchange Bitstamp for $200M
Stock-trading platform Robinhood is diving deeper into the cryptocurrency realm with the acquisition of crytpo exchange Bitstamp. Robinhood said it expects the deal to close in the first half of […]
VCs are selling shares of hot AI companies like Anthropic and xAI to small investors in a wild SPV market
VCs are clamoring to invest in hot AI companies, willing to pay exorbitant share prices for coveted spots on their cap tables. Even so, most aren’t able to […]
Hackers steal $305 million from DMM Bitcoin crypto exchange
Japanese crypto exchange DMM Bitcoin confirmed on Friday that it had been victim of a hack resulting in the theft of 4,502.9 bitcoin, or about $305 million. According […]
Peter Thiel-founded Valar Ventures raised a $300 million fund, half the size of its last one
The perception in Silicon Valley is that every investor would love to be in business with Peter Thiel. But the venture capital fundraising environment has become so difficult, […]
Meta, Match, Coinbase and others team up to fight online fraud and crypto scams
Hosting scams on your platform is bad for business, which is why on Tuesday, a group of major tech companies including Match Group, Meta, Coinbase and others are […]
Global crypto firms turn to Hong Kong for refuge — and opportunity
With U.S. regulators continuing to ramp up their scrutiny of crypto, startups and founders in the space are looking overseas to find friendlier climates to support their growth. […]
TechCrunch Minute: Where CZ’s sentencing leaves the state of crypto
Four months behind bars and a massive fine, that’s what CZ is getting from the government for his crypto exchange’s misdeeds. Regardless of how you view the verdict […]
Security engineer jailed for 3 years for $12M crypto hacks
Shakeeb Ahmed, a cybersecurity engineer convicted of stealing around $12 million in crypto, was sentenced on Friday to three years in prison. In a press release, the U.S. […]