Jacquelyn Melinek

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Bitcoin is now worth over $34,500 – but will it hold?

This week, the cryptocurrency’s price shot to nearly $35,000 per token, further cementing its position at the top of the...
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US security remains paramount in the continued rise of AI, according to Treasury Department secretary

As investments grow globally, there’s still a concern stateside for security and making sure the U.S. protects its busin...
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Ex-SDNY prosecutor says Caroline Ellison, Gary Wang and Nishad Singh probably won’t get jail time

Gary Wang, co-founder and CTO of FTX; Caroline Ellison, CEO of Alameda; and Nishad Singh, FTX head of engineering, all p...
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Walmart and Outlier Ventures’ web3 accelerator launches with five startups

Walmart’s incubation arm, Store Nº8, and Outlier Ventures have joined forces to launch its web3 accelerator program, Sto...
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There’s ‘great hope’ for bitcoin spot ETF approval in 2024, says Bitwise’s general counsel

Even though the industry has been slowly moving toward regulation, the future ahead looks bright. © 2023 TechCrunch. All...
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Third Point managing director doubles down on SBF investor fraud in trial testimony

Robert Boroujerdi, managing director at Third Point, testified on Thursday at Sam Bankman-Fried’s trial in assistance wi...
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SBF trial brings in FTX exec and experts, NY AG sues three crypto firms for fraud, Reddit kills blockchain program and FTC sues bankrupt Voyager

Welcome back to Chain Reaction. It’s week three of the Sam Bankman-Fried trial…how are you holding up? © 2023 TechCrunch...
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SBF asked FTX general counsel to create ‘legal justification’ for using billions in customer funds amid collapse

Can Sun, former FTX general counsel, took the stand on Thursday to testify on behalf of the prosecution’s case against S...
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NY Attorney General sues Gemini, Genesis and DCG for allegedly defrauding crypto investors of over $1B

New York Attorney General Letitia James filed a lawsuit against three crypto companies: Gemini Trust Company, Genesis Gl...
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FTX misused customer funds, accounting expert who assisted in Enron prosecution testifies

The Sam Bankman-Fried trial is 11 days in and witnesses continue to take the stand on behalf of the prosecution’s case. ...
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Meet Alliance DAO’s latest accelerator cohort of startups building in crypto winter

TechCrunch+ got to see a number of startups during web3 accelerator Alliance DAO’s latest demo day, which we're covering...
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Trezor launches two new devices to help onboard crypto newbies

Trezor, a hardware crypto wallet company, debuted two new products this week at the Bitcoin Amsterdam conference —...
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FTX trial stirs up more chaos as ex Alameda CEO Caroline Ellison testifies on faulty balance sheets, bribes and more

Welcome back to Chain Reaction. To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to ...
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Former Alameda CEO Caroline Ellison explains how FTX hid losses, sandbagged lenders

“We were in a bad situation,” Ellison said. Source: TCじゃぱん
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Alameda Research allegedly paid Chinese officials around $150M to regain $1B worth of exchange accounts

The accounts were reopened to Alameda after Ellison made about $100 million to $150 million in payments of “crypto trans...
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Alameda Research’s ex-CEO Caroline Ellison testifies, claims SBF directed her to commit crimes

Caroline Ellison, the ex-CEO of Alameda Research, took the stand as the fifth witness for the prosecution in Sam Bankman...
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As SBF’s trial heads into its second week, here’s what we know so far

Here are the juicy details we gleaned from the first week of testimonies. Source: TCじゃぱん
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Alameda had a $65B line of credit and ‘unlimited withdrawals’

Alameda's "unlimited funds" came from FTX customers, the crytpo exchange's co-founder says on the stand. Source: TCじゃぱん
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Following the SBF trial, 3AC arrest and Q3 web3 funding drops

Welcome back to Chain Reaction. The SDNY is becoming a second home for me because the highly anticipated trial for Sam B...
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SBF’s trial has started, and here’s what you missed

Today, we have a special episode for you: Equity teamed up with Chain Reaction and Jacquelyn Melinek to talk about the o...
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Phaver raises $7M to help make onboarding to web3 social platforms easier

Phaver aims to to build a service that provides a web3 onboarding experience that’s similar to existing social platforms...
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Meet the 12 jurors on Sam Bankman-Fried’s trial

The second day for Sam Bankman-Fried’s trial was filled with jury selection, opening statements and testimonies from the...
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US government confirms it didn’t offer any plea deals to Sam Bankman-Fried

It was a slow start to the six-week-long trial. Source: TCじゃぱん
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SBF’s trial promises to be just as riveting as the rest of the FTX drama

'If the SBF trial starts to look like the crypto equivalent of an organized crime trial, don’t be surprised.' Source: T...
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SBF’s trial starts soon, but how did he — and FTX — get here?

Former FTX CEO Sam Bankman-Fried's trial begins Tuesday. Here's what you need to know. Source: TCじゃぱん
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Pudgy Penguins’ approach may be the answer to fixing NFTs’ revenue problems

The company's toy-focused expansion is its bet that NFTs should have a broader presence, one that’s not limited to the d...
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Three Arrows Capital co-founder Zhu arrested in Singapore airport, sentenced four months in prison

The liquidators behind Three Arrows Capital (3AC), the now-defunct crypto hedge fund, shared that the firm’s co-founder ...
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Mixin hacked for $200M, Worldcoin eyes greater expansion and Haun Ventures’ execs talk crypto regulation

Welcome back to Chain Reaction. We’re gearing up for the highly anticipated Sam Bankman-Fried trial. As for other news, ...
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Worldcoin doubles down on emerging markets amid wider criticism

Naysayers reacted to the hype around Worldcoin with almost the same level of intensity as its backers, but the company i...
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Why Solana, Polygon and Aptos expect the enterprise to drive mass adoption

As large enterprises enter the crypto space, there’s potential for “not only millions of users, but billions of users us...
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