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Hello and welcome to Daily Crunch for Wednesday, March 23, 2022! Lots to talk about today, including bushels of news from both startups and Big Tech alike. But as we are entering Event Season, a reminder that you can showcase your startup at our upcoming climate event, and that Early Stage should feature some pretty solid small group chats. – Alex
The TechCrunch Top 3
Build-A-Bing: Microsoft was hacked by the Lapsus$ hacking group, leading to the leaking of company source code for Bing, Bing Maps and Cortana, TechCrunch reports. Does this mean that founders can parse the Bing code, learn from it and build a competing search engine? Let’s hope so?
Yuga’s yuge funding round: The team behind the Bored Ape NFT phenom are busy, raising $450 million and sketching out a vision for tokens, games, and more. A good question at this juncture is why it is so expensive to build crypto companies. It seems that every major raise in the space is larger than the last. H …
