Startups

TC editors weigh in: Tech, trends and controversy in the cryptoverse

Comment

There’s never a dull moment in the cryptoverse. Blockchain, DeFi and web3 technologies continue to evolve rapidly in a world of wild extremes. How extreme? Consider these two examples.

The Terra ecosystem disappears in a multi-billion-dollar crash-and-burn while traditional investment firm Andreessen Horowitz closes a $4.5 billion crypto megafund. Then you have crypto’s ongoing regulatory tug-of-war against the backdrop of the Coinbase insider trading suit.

It’s a lot to track and digest, and it’s why we’ve asked part of our editorial team, Lucas Matney, Jacquelyn Melinek and Anita Ramaswamy — who eat, sleep and dream all things crypto — to weigh in and share their insight and perspectives. They’re also the braintrust behind the programming at TC Sessions: Crypto and the hosts of TechCrunch’s Chain Reaction podcast.

Before we dig into the juicy stuff, here’s a reminder to join us — and these ace editors — at TC Sessions: Crypto on November 17 in Miami. Buy a launch pass now and you’ll save $250.

Without further ado, here’s a quick look at what our editors are most excited about heading in to TechCrunch’s first TC Sessions: Crypto event.


What are your top priorities or goals as you put together the programming for the first TechCrunch Sessions: Crypto event?

Anita Ramaswamy: I’m focused on making sure our speaker lineup and the topics we’re putting together are representative of the diversity of views and backgrounds present in the web3 community.

Lucas Matney: I’m spending a lot of my time building out an agenda that ensures we’re doing justice to the unprecedented excitement surrounding this industry while also providing the less glamorous context on inherent risks around pushing more consumers toward products that promote speculative investing.

Jacquelyn Melinek: I’m hoping to create a program that dives into the complexities of the industry while making the content easily accessible to those who are crypto curious, while also having experts in the space highlight and comment on the risks associated with the industry.

Speaking of the event name, will we get to hear about more than just “crypto”?

LM: You bet. While adoption of cryptocurrencies continues to be the high-level focus of the industry, the space has grown much less monolithic over the past two years with founders pushing forward new blockchain technologies for organizing and running communities online and incentivizing the early adoption of new products on the web.

JM: There’s a deeper level to the crypto industry than just “crypto.” Attendees will be able to listen to discussions on a range of topics that benefit or derive from it, but also are creating their own path with the technology. Crypto is the center of the industry, but isn’t the be-all-end all term for discussion.

AR: Absolutely — lots of people use the word “crypto” as a synonym for everything related to blockchain technology, though it mainly captures the financial applications/tokens themselves. Those are important, but we’ll also be talking about how blockchain tech and the ideas shaping it are impacting founders, creators and everyday internet users who may not be as deeply immersed in the web3 space. Cryptocurrency itself is at the heart of most web3 projects, but I’d consider this to be a broader web3 event.

What makes 2022 a particularly fascinating year to hold our first crypto event?

JM: This year has been nothing short of turbulent — I mean that in both good and bad ways — and a lot of people want answers pertaining to that volatility. Even by the time the event takes place, the crypto industry may be vastly different from when we began planning it. There’s a chance we will have to mold our discussions to fit the current landscape, but that’s the sort of “beauty” of this industry. It’s constantly changing and fitting that we host an event during one of the “crypto winters,” because we have to provide content and conferences even when everything isn’t going according to plan. Hosting an event this year shows that we’re here to provide discussions during the good and bad times.

AR: Regardless of the recent talk of “crypto winter,” I believe the last two years have marked a significant inflection point in the arc of crypto’s history. Market conditions may (and probably will) fluctuate, and we’ll dig into that plenty at the event, but the last two years have seen a huge influx of people dipping their toes into crypto for the first time. That’s why 2022 is a great time to reframe some of the discussions we’ve been having within the crypto community with a wider perspective and an eye to the future.

LM: Crypto may be inside a downturn at the moment, but it’s during these periods that players looking for a quick buck depart the industry and the industry streamlines. Holding this event in 2022 promises an opportunity for those looking to stick around to hear from lasting power players on their success stories and how they survived past winters.

Regarding your own background, how did you become interested in writing about the crypto, NFT, blockchain and web3 communities?

LM: So much of my own initial interest was tied to the developer fervor around the space that felt distinct from the financial speculation. The close bond between technologists in the NFT community and emerging digital artists – who have never had an effective means of monetizing their work – provided an early inspiration for me to further explore the sector and dig into communities working on things that had never been done before. It’s been a wild ride since — all playing out 24/7 on Twitter.

AR: I credit a cousin of mine, who is now a commodities trader, with sparking my initial interest in blockchain – I’ll never forget visiting his family while I was still in college and listening to him explain things like decentralization and hashrates to me in the context of Bitcoin. It sounds nerdy, but as a political science major, I was fascinated trying to wrap my head around the ideology behind it. And as a former investment banker-turned-business-journalist, I spent much of the pandemic following huge, bureaucratic financial institutions as they slowly warmed up to the idea of crypto, oftentimes because of customer demand.

JM: I had a personal interest in crypto prior to covering the industry full-time, but never dove too deep into it. Little did I know, the space is so much bigger than what I initially thought. Once I started reporting on it, I found that many of the “good” industry players were innovative — even though they were a bit gritty — and determined to succeed regardless of the hurdles thrown at them. That, to me, was inspiring. My interest also stems from my love for learning. Even though I’ve covered an array of crypto topics, I still learn something new almost every day. This industry keeps me curious and always on my toes.

Finally, beyond the obvious reason that it’s an awesome city, why host this event in Miami?

JM: Miami has become one of the front-runners representing the crypto industry and has a vibrant community of builders, developers, and retail and institutional investors alike.

AR: Miami has always been one of the most global cities in the United States, with a vibrant immigrant community. Now the city has become somewhat synonymous with crypto, with major investment firms and startups in the space settling in to call Miami their home. As a Miami-born resident of New York, it’s been fascinating to see what a marked impact the influx of crypto talent into Miami has had on both my friends and family who still live there and on my peers in NYC, many of whom have moved to Miami temporarily or permanently.

LM: Just as crypto was the breakout success of the tech market’s rally over the past several years, Miami become a poster child for a new brand of tech center during a pandemic-fueled exit of young tech workers from the Bay Area. People have plenty of opinions on the city, but no one argues that Miami lacks passion or intensity — elements I’m particularly excited for TechCrunch Sessions: Crypto to tap into.


There you have it, and we’ll be sure to check in with our team as we get closer to TC Sessions: Crypto. In the meantime, take advantage of our special launch pricing and save $250 on General Admission passes. Buy your pass or package today, and then get ready to go crypto with the web3, DeFi and NFT communities.

Is your company interested in sponsoring or exhibiting at TC Sessions: Crypto? Contact our sponsorship sales team by filling out this form.

More TechCrunch

Blue Origin has successfully completed its NS-25 mission, resuming crewed flights for the first time in nearly two years. The mission brought six tourist crew members to the edge of…

Blue Origin successfully launches its first crewed mission since 2022

Creative Artists Agency (CAA), one of the top entertainment and sports talent agencies, is hoping to be at the forefront of AI protection services for celebrities in Hollywood. With many…

Hollywood agency CAA aims to help stars manage their own AI likenesses

Expedia says Rathi Murthy and Sreenivas Rachamadugu, respectively its CTO and senior vice president of core services product & engineering, are no longer employed at the travel booking company. In…

Expedia says two execs dismissed after ‘violation of company policy’

Welcome back to TechCrunch’s Week in Review. This week had two major events from OpenAI and Google. OpenAI’s spring update event saw the reveal of its new model, GPT-4o, which…

OpenAI and Google lay out their competing AI visions

When Jeffrey Wang posted to X asking if anyone wanted to go in on an order of fancy-but-affordable office nap pods, he didn’t expect the post to go viral.

With AI startups booming, nap pods and Silicon Valley hustle culture are back

OpenAI’s Superalignment team, responsible for developing ways to govern and steer “superintelligent” AI systems, was promised 20% of the company’s compute resources, according to a person from that team. But…

OpenAI created a team to control ‘superintelligent’ AI — then let it wither, source says

A new crop of early-stage startups — along with some recent VC investments — illustrates a niche emerging in the autonomous vehicle technology sector. Unlike the companies bringing robotaxis to…

VCs and the military are fueling self-driving startups that don’t need roads

When the founders of Sagetap, Sahil Khanna and Kevin Hughes, started working at early-stage enterprise software startups, they were surprised to find that the companies they worked at were trying…

Deal Dive: Sagetap looks to bring enterprise software sales into the 21st century

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world…

This Week in AI: OpenAI moves away from safety

After Apple loosened its App Store guidelines to permit game emulators, the retro game emulator Delta — an app 10 years in the making — hit the top of the…

Adobe comes after indie game emulator Delta for copying its logo

Meta is once again taking on its competitors by developing a feature that borrows concepts from others — in this case, BeReal and Snapchat. The company is developing a feature…

Meta’s latest experiment borrows from BeReal’s and Snapchat’s core ideas

Welcome to Startups Weekly! We’ve been drowning in AI news this week, with Google’s I/O setting the pace. And Elon Musk rages against the machine.

Startups Weekly: It’s the dawning of the age of AI — plus,  Musk is raging against the machine

IndieBio’s Bay Area incubator is about to debut its 15th cohort of biotech startups. We took special note of a few, which were making some major, bordering on ludicrous, claims…

IndieBio’s SF incubator lineup is making some wild biotech promises

YouTube TV has announced that its multiview feature for watching four streams at once is now available on Android phones and tablets. The Android launch comes two months after YouTube…

YouTube TV’s ‘multiview’ feature is now available on Android phones and tablets

Featured Article

Two Santa Cruz students uncover security bug that could let millions do their laundry for free

CSC ServiceWorks provides laundry machines to thousands of residential homes and universities, but the company ignored requests to fix a security bug.

2 days ago
Two Santa Cruz students uncover security bug that could let millions do their laundry for free

TechCrunch Disrupt 2024 is just around the corner, and the buzz is palpable. But what if we told you there’s a chance for you to not just attend, but also…

Harness the TechCrunch Effect: Host a Side Event at Disrupt 2024

Decks are all about telling a compelling story and Goodcarbon does a good job on that front. But there’s important information missing too.

Pitch Deck Teardown: Goodcarbon’s $5.5M seed deck

Slack is making it difficult for its customers if they want the company to stop using its data for model training.

Slack under attack over sneaky AI training policy

A Texas-based company that provides health insurance and benefit plans disclosed a data breach affecting almost 2.5 million people, some of whom had their Social Security number stolen. WebTPA said…

Healthcare company WebTPA discloses breach affecting 2.5 million people

Featured Article

Microsoft dodges UK antitrust scrutiny over its Mistral AI stake

Microsoft won’t be facing antitrust scrutiny in the U.K. over its recent investment into French AI startup Mistral AI.

2 days ago
Microsoft dodges UK antitrust scrutiny over its Mistral AI stake

Ember has partnered with HSBC in the U.K. so that the bank’s business customers can access Ember’s services from their online accounts.

Embedded finance is still trendy as accounting automation startup Ember partners with HSBC UK

Kudos uses AI to figure out consumer spending habits so it can then provide more personalized financial advice, like maximizing rewards and utilizing credit effectively.

Kudos lands $10M for an AI smart wallet that picks the best credit card for purchases

The EU’s warning comes after Microsoft failed to respond to a legally binding request for information that focused on its generative AI tools.

EU warns Microsoft it could be fined billions over missing GenAI risk info

The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday.  The trustee is asking…

A US Trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’

U.K.-based Seraphim Space is spinning up its 13th accelerator program, with nine participating companies working on a range of tech from propulsion to in-space manufacturing and space situational awareness. The…

Seraphim’s latest space accelerator welcomes nine companies

OpenAI has reached a deal with Reddit to use the social news site’s data for training AI models. In a blog post on OpenAI’s press relations site, the company said…

OpenAI inks deal to train AI on Reddit data

X users will now be able to discover posts from new Communities that are trending directly from an Explore tab within the section.

X pushes more users to Communities

For Mark Zuckerberg’s 40th birthday, his wife got him a photoshoot. Zuckerberg gives the camera a sly smile as he sits amid a carefully crafted re-creation of his childhood bedroom.…

Mark Zuckerberg’s makeover: Midlife crisis or carefully crafted rebrand?

Strava announced a slew of features, including AI to weed out leaderboard cheats, a new ‘family’ subscription plan, dark mode and more.

Strava taps AI to weed out leaderboard cheats, unveils ‘family’ plan, dark mode and more

We all fall down sometimes. Astronauts are no exception. You need to be in peak physical condition for space travel, but bulky space suits and lower gravity levels can be…

Astronauts fall over. Robotic limbs can help them back up.