Month: June 2021
These Two College Friends Are Agents For Meme NFTs
YouTube and TikTok An NFT auction on the platform OpenSea for three viral memes. On Sunday night, the auction hammer will come down on NFTs for three viral memes: the Numa Numa Dance, Crazy Nastyass Honey Badger, and Two Pretty Best Friends. Over the last few months, several well-known memes…
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In search of a new crypto deity
Hello friends, and welcome back to Week in Review! Last week, I wrote about tech taking on Disney. This week, I’m talking about the search for a new crypto messiah. If you’re reading this on the TechCrunch site, you can get this in your inbox from the newsletter page, and…
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Square will invest $5 million to build solar-powered bitcoin mining facility
Financial services firm Square Inc. will partner with blockchain technology provider Blockstream Mining to build an open-source, solar-powered bitcoin mining facility, Blockstream announced in a press release Saturday. Square confirmed the news in a tweet, saying it was “committed to driving further adoption and efficiency of renewables within the bitcoin…
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Get thrifty, and your startup might just acquire a generation
Etsy, a marketplace for kitschy and creative DIY goods, acquired Depop, a hippy and thrifty marketplace for resale goods, for $1.625 billion this week. So, today we’ll discuss the tale of two marketplaces, a deal that has given us a peek into the evolving ethos of social shopping. Depop, for…
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India reportedly warns Twitter of ‘unintended consequences’ if it fails to follow new rules
India’s government has told Twitter it could face “unintended consequences” if it fails to comply with the country’s new social media rules, Reuters reported. India’s technology minister wrote in a June 5th letter to Twitter that the company’s responses to previous government letters about the new rules did not confirm…
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Not every SPAC is pure garbage
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here. Ready? Let’s talk money, startups and spicy IPO rumors. Happy…
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