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Binance, the issuer of the world’s third-largest stablecoin, said on Monday it will convert customers’ holdings in three rival stablecoins USD Coin (USDC), Pax Dollar (USDP) and True USD (TUSD) into its own stablecoin (BUSD) on September 29 to “enhance liquidity and capital-efficiency for users” in a move that has baffled many enthusiasts. As a

Hello and welcome back to Max Q. Happy Labor Day! Due to the scheduling of the newsletter, I’ll have finished writing this by the time NASA makes the second launch attempt of the Artemis I mission. By now, you probably already know how it all went down anyway! In this issue: SpaceX lands more astronaut

This February, Africa and emerging market-focused Nestcoin raised a pre-seed round to build, operate and invest in its web3 applications, including crypto content platform Breach Club and gaming guild Metaverse Magna (MVM). Nine months after its launch last December, the latter has completed a seed sale token round of $3.2 million at a $30M fully

What’s better than saving some coin in your wallet? Saving coin AND getting something for free! Book your TC Sessions: Crypto general admission Launch pass today and get a second pass for free! One general admission Launch pass typically costs $199, but our Labor Day sale gets you two Launch passes for the price of one

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached $65 billion in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by

When I was an early-stage founder, I bristled at the idea of making a five- or even three-year financial projection of my business. I can promise you one thing: It will be dramatically wrong. But as part of your fundraising, you need to make them anyway, and there are a couple of great reasons for

As the new school year starts, a fresh cohort of students will soon be hard at work finding ways to avoid writing papers and watching lectures they slept through, and just generally finding ways to waste the hours as effectively as possible. Fortunately the Switch is currently an absolute treasure trove of time sinks of

As a brutal heat wave cooks the West in the run-up to Labor Day, California’s power grid manager is calling on electric vehicle owners to avoid charging at peak times. The request is part of a broader effort to keep the state’s grid up and running, while locals crank their air conditioners to outlast a

India is planning to speed up testing and safety approvals of electronic devices, including smartphones and earbuds, to reduce their time to market. Currently, it can take as long as 20 weeks to for consumer electronics to pass safety tests — but the new approvals could bring that down to as little as three days.

We’re nearly at the stopping point ahead of a long weekend here in the United States, but that doesn’t mean that the tech market has given up on making news. And the news is not good. In the wake of Snap’s layoffs and startup staff-cutting galore, you are likely not surprised that there is some bad

Google and its video sharing app YouTube outlined plans for handling the 2022 U.S. midterm elections this week, highlighting tools at its disposal to limit the effort to limit the spread of political misinformation. When users search for election content on either Google or YouTube, recommendation systems are in place to highlight journalism or video

Venture capital data thus far in the third quarter indicates that investment into blockchain-focused startups is on pace to contract dramatically compared to recent quarters and the heady 2021 period. Data from Crunchbase and PitchBook indicate that after totaling around $10 billion in some recent quarters, the total dollar value of web3 investments could more

Welcome back to Found, where we get the stories behind the startups. This week’s guest Shiv Rao founded Abridge after experiencing how unnerving it can be to go through a medical emergency with a loved one — even for a practicing doctor like himself. So he and the Abridge team created an app that doesn’t

Lyft is facing a fresh batch of lawsuits from drivers and passengers who say they were sexually and physically assaulted during rides and accused the ride-hailing company of failing to protect its users. Seventeen lawsuits were filed in Arizona, California, Connecticut, Illinois, Kentucky, Michigan, Ohio, Oregon, Texas, Virginia and Wisconsin, according to Peiffer Wolf Carr

Immad Akhund Contributor Immad Akhund is the co-founder and CEO of Mercury and an angel investor with more than 250 investments. A tumultuous financial market, rising interest rates and an uncertain economic future are all infusing a certain flavor of pessimism into the market that is shifting the power dynamic back in favor of investors.

Despite serving as the online watercooler for journalists, politicians and VCs, Twitter isn’t the most profitable social network on the block. Amid internal shakeups and increased pressure from investors to make more money, Twitter reportedly considered monetizing adult content. According to a report from The Verge, Twitter was poised to become a competitor to OnlyFans by

Hello and welcome back to Max Q. I’m writing to you from Florida, where NASA scrubbed Monday’s launch attempt of the Artemis I mission. In this issue: NASA’s Artemis I launch is scrubbed T-Mobile and SpaceX’s new partnership News from Astrobotic, Violet Labs and more By the way… TechCrunch Disrupt finally returns — live and

In otherwise normal times, hospitals generate more than 5 million tons of waste each year, according to Greenhealth. Personal protective equipment (PPE) was in short supply over the past two years, and it was widely reported that some had to reuse what is typically a single-use item, like surgical gowns. MEDU, a Mexico-based startup, wants

Pakistani fintech PostEx has acquired logistics service provider Call Courier, creating what it describes as the largest e-commerce service provider in the country. PostEx will now serve 1.3 million users with over 8,000 merchants across 500 cities in Pakistan, and is on track to having a loan book of more than $12 million. The acquisition

With the Twitter trial date rapidly approaching, Elon Musk’s legal team sent a subpoena to former Twitter head of security Peiter “Mudge” Zatko, who filed a whistleblower complaint against the company that was made public last week. In the complaint,  Zatko alleges that he witnessed “egregious deficiencies, negligence, willful ignorance, and threats to national security

When Elias Davis joined Kli Capital in 2018 it was your average family office headed up by a former tech entrepreneur looking to opportunistically back a new fleet of founders. Kli, launched by dot-com darling Ice.com founder Shmuel Gniwisch, had been cutting checks for two years when Davis arrived, and its casual investing strategy was

Akasa Air, India’s newly launched airline that began operations earlier this month, exposed the personal data of thousands of its customers because of a technical glitch that affected its login and sign-up service. The exposed data, discovered by cybersecurity researcher Ashutosh Barot, included full names, gender, email addresses and phone numbers of customers signing up

Welcome back to Found, where we tell you the stories behind the startups. Super Troopers premiered at Sundance to a receptive, giggling crowd but if you judged it based on its Rotten Tomato score and reviews, you’d think it flopped. Writer, director, comedian, and recent founder Jay Chandrasekhar never felt right about the critiques from

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached $65 billion in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by

Crypto entities ranging from major exchanges to small projects are on the road to stateside regulation. Whether it comes through the Securities and Exchange Commission or the Commodity Futures Trading Commission, many actors in the space are looking for concrete future guidance on how to build compliant businesses in an emerging sector while navigating rules

I have a confession to make. I’ve been in this industry for a long time. I’ve reviewed hundreds of products over the years. Through much of that time, webcams have always felt like a bit of an afterthought. I fully recognize that this quite probably is the worst way to open a webcam review, but

Today is Women’s Equality Day, otherwise known as the day women were granted the right to vote. There’s nuance to the date, of course, as Indigenous women weren’t guaranteed that right in every state until 1962 and Black women weren’t allowed to vote until 1965. This story of delayed progress is still seen in every

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Want to save some dosh on TechCrunch+? Use the code ‘EQUITY’ at checkout for a big discount on annual subscriptions! Alex, Natasha and Mary Ann are back and as a three were in good spirits with more

It’s been almost four years since the Proud Boys were banned from Facebook, but apparently its members are still trying to claw their way back onto the social network after all this time. Meta disclosed Thursday that it recently removed a network of activity affiliated with the violent extremist group after it detected members making

Image Credits: TechCrunch Welcome to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down block by block for the crypto curious. For our Thursday episode focused on major news topics this week, the crew broke down the latest blockchain happenings and volatility including SEC Chairman Gary