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crypto

Crypto startup EigenLayer, led by a former Univ. of Washington professor, raises $100M from a16z

EigenLayer, a Seattle-based blockchain infrastructure startup, raised a $100 million Series B round from Silicon Valley heavyweight Andreessen Horowitz (a16z).… Read More

Tornado Cash co-founder from Seattle area arrested and charged with money laundering

Roman Storm, co-creator and developer of crypto “mixer” company Tornado Cash, was arrested by U.S. authorities in Washington state Wednesday… Read More

Crypto exchange Bittrex shutters U.S. operations, blames regulatory environment

Bellevue, Wash.-based crypto exchange Bittrex announced Friday it was “winding down” its U.S. operations. A post from Bittrex co-founder and… Read More

Blockchain observability platform Sentio raises $6.4M

Sentio, a Seattle startup building a tool to help developers monitor different layers of their blockchain-based applications, announced a $6.4… Read More

Google for crypto: Seattle search engine startup Kaito raises $5.3M

Kaito, an AI-powered search engine that scours the internet for crypto-related topics, raised $5.3 million in a round led by… Read More

Crypto exchange Bittrex lays off more than 80 employees

Prominent cryptocurrency exchange Bittrex laid off employees Wednesday. The Bellevue, Wash.-based company slashed 83 positions, according to a Washington state… Read More

Bank downplays ties to FTX sister company in latest fallout from crypto exchange failure

A bank in rural Washington state sought to distance itself from FTX on Tuesday following a report last week detailing… Read More

‘This too shall pass’: Why crypto leaders are still optimistic about the industry amid FTX fallout

The swift collapse of the giant digital-asset exchange FTX earlier this month sent a contagion through the crypto industry. It not only caused substantial… Read More

Crypto exchange Gemini expanding in Seattle area amid industry turmoil

Gemini, a cryptocurrency exchange co-founded by the Winklevoss twins of Facebook fame, plans to hire 100 people at its Seattle-area… Read More

Portland Trail Blazers end jersey sponsorship with Seattle crypto startup StormX

The Portland Trail Blazers are ending the team’s jersey sponsorship with Seattle crypto startup StormX. The jersey deal was originally… Read More

Seattle blockchain VC firm Bloccelerate raising its second fund

Bloccelerate, a Seattle-area venture capital firm that backs startups building blockchain-related technologies, is raising another fund. A new SEC filing… Read More

Seattle startup helping teens learn about and invest in crypto raises $2.7M

Stack, a Seattle-based startup building a platform that enables teens to invest in and learn about cryptocurrencies, has raised $2.7… Read More

Seattle startup raises $13.5M to help developers build AI-driven applications on the blockchain

From movie recommendations to chatbots, artificial intelligence-powered applications are deeply ingrained in the modern web experience. But building those same… Read More

‘Radical experiment’: HBO spinout led by industry veteran uses blockchain for new combat game

Imagine you’re playing Shrapnel, a first-person shooter due in late 2024 from Seattle game studio Neon. You’ve carefully plucked from… Read More

Meet the Seattle techie picked to lead a new venture arm at iconic auction house Christie’s

Legendary auction house Christie’s got a front-row seat to the NFT craze. In March 2021, the 256-year-old art merchant facilitated… Read More

Here’s what young entrepreneurs and investors think about crypto

Crypto has gone mainstream. Once an esoteric investment held by a select group of people on the internet, it’s now… Read More

Crypto tax software startup BearTax lands $3.2M

BearTax, a Seattle startup that helps cryptocurrency investors file taxes, raised a $3.2 million seed round led by Seattle VC… Read More

Web3 trends to watch: New apps, new consumer behavior, and a massive talent migration

Editor’s note: This is a guest post written by Maria Gilfoyle and Chris Picardo, investors with Seattle-based Madrona Venture Group.… Read More

Xbox vet Ed Fries on blockchain, life as a venture capitalist and the run of extraordinary gaming deals

Ed Fries is having a big week. His games-focused venture fund 1Up Ventures put money into two separate new gaming… Read More

Seattle startup Stack wants to help teens invest in cryptocurrency

Cryptocurrency is increasingly going mainstream, but not everyone is familiar with or using the emerging tech. That group includes young… Read More

Strix Leviathan spins out Makara, a robo-advisor company that helps people invest in crypto

The news: Seattle cryptocurrency startup Strix Leviathan has spun out a new robo-advisor company called Makara. The tech: Makara aims… Read More

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