Monthly Archives: July 2022

5 investors explain why Latin America is poised to weather the crypto winter

The web3 bandwagon really took off in 2021 and 2022 as entrepreneurs and investors both sought to make their mark in the nascent industry. But Latin America stood out thanks to its comparatively high crypto adoption: According to Kim Grauer, head of research at Chainalysis, Latin America has consistently captured between 8% and 10% of…

5 investors discuss Latin America’s symbiotic relationship with crypto

From Bitcoin’s valuation getting pummeled to data breaches at Axie Infinity and layoffs at huge exchanges, crypto isn’t exactly having its best moment. But in many countries in Latin America, where much of the population craves a better financial future, investors are still bullish about crypto’s transformative power. To understand how Latin American startups are…

Netflix partners with Microsoft for its ad-supported plan

It looks like things are coming together for Netflix’s lower-priced ad-supported tier, reported to arrive later this year: Netflix just revealed today that it’s partnering with Microsoft as its “global advertising technology and sales partner” to help the streaming service earn revenue through ads. Netflix COO Greg Peters said in a statement, “It’s very early days,…

Signaling tough times ahead, ChowNow lays off employees

ChowNow, a startup that builds branded online ordering systems for restaurants, today announced layoffs internally, TechCrunch has learned. According to several sources who spoke to this reporter on the condition of anonymity, around 100 people were affected across teams including onboarding, operations, and sales. ChowNow didn’t immediately respond to a request for comment. ChowNow launched…

The US government is digging into NFTs’ impact on intellectual property

After NFTs exploded over the past year, the U.S. Patent and Trademark Office and U.S. Copyright Office are launching a joint study to investigate the digital assets’ impact on intellectual property rights. The study comes about a month after Vermont Senator Patrick Leahy, a Democrat, and North Carolina Senator Thom Tillis, a Republican, wrote to…

Instagram launches its creator marketplace on an invite-only basis

Instagram has officially started testing its new creator marketplace, a hub designed to help brands discover and reach out to creators about partnerships and campaigns. The marketplace is currently available on an invite-only basis to brands in the United States. Brands who are invited to access the marketplace can use the desktop experience within Meta…