startups

Bitski raises $19 million from a16z to become the ‘Shopify for NFTs’

For every crypto-skeptic that sees NFTs as yet another hype bubble, there’s an acolyte who sees NFTs as the key to unlocking the future of the creative web. Bitski, an SF-based startup that builds custom NFT storefronts for brands and creators, is banking on the latter, and they have new investors betting the same. The startup tells TechCrunch they’ve raised $19 million in a Series A led by Andreessen Horowitz. The firm joins a...

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Move Over Bitcoin: OKEx Insights Report Reveals Institutions Are Accumulating Ethereum

Altcoin season is upon us, and there’s no better indicator of this than Ethereum beginning to gain against Bitcoin on the duo’s trading pair against one another. The ratio between the two represents the ongoing battle between the two for cryptocurrency market share. Right now, Bitcoin remains king. But growing institutional interest in Ethereum exposure, especially since the introduction of CME ETH futures in February, has caused...