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Daily Crunch: Adobe snaps up Figma in proposed $20B deal that has some scratching their heads

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. Happy Thursday! Has everyone recovered from Zoom […]







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Virtual research institute battles Long COVID with backing from Ethereum co-creator Vitalik Buterin

A new nonprofit “startup” is emerging from stealth today with $15 million in funding from Ethereum co-creator Vitalik Buterin, with a focus squarely on studying and treating Long COVID. While […]




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How the upcoming Ethereum Merge could change crypto’s rewards, costs and reputation

Ethereum, the second-largest blockchain by market cap, is about to undergo a massive transformation known to the crypto community as “the Merge.” It’s a long-awaited systemwide upgrade that experts say […]




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Thirdweb raises $24M at a $160M valuation from Haun Ventures, Shopify and Coinbase for its Web3 development kit

There’s been a lot of hype about “Web3”, but the reality is that it’s still a largely nascent and fragmented concept, and that has led to Web3 startups building platforms […]




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Y Combinator alumni raise $80 million for DAO to back crypto startups

Groups of people seeking to invest together have been turning to the crypto-native DAO (decentralized autonomous organization) structure for a collective decision-making framework. While an investment DAO typically can only […]




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Safeheron secures $7M to make private keys safer for crypto wallets

Crypto enthusiasts promise to build a decentralized money system that allows people to freely trade without any intermediary intervention. It’s a rosy picture, but recent events of security vulnerability indicate […]




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Web3 giant Parity Technologies teams up with Watr over platform to track ethical commodities

As the US and Europe bakes in abnormal summer heat, the climate continues to climb up the world’s agenda. With everyone now talking about energy, how commodities are traded is […]




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How should web3 companies approach fundraising during a downturn?

Jenny Q. Ta Contributor The financial market crash this year has had a unique effect on the web3 industry. Web3 companies are the newest members of the fintech ecosystem, and […]




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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 […]