Can Andreessen Horowitz prevent the next crypto winter?

Hey everyone, and welcome back to Chain Reaction. Last week, we talked about the rough road ahead for Coinbase. This week, we’re talking a bit about Andreessen Horowitz’s multibillion-dollar bet on web3’s continued viability. Read on to check out the...

Tech layoffs top 15K in a brutal May

It’s been a rough month in the tech sector. We’ve rounded up week after week of layoffs, and according to aggregator layoffs.fyi, more than 15,000 tech workers have lost their jobs this month. Hopefully the sun will come out in June. A number of tech companies that...

Bowery opens a new vertical farm in Pennsylvania

When I wrote my big TC1 on Bowery Farming late last year, there was a lot of talk of the company’s third commercial farming site in Bethlehem, Pennsylvania. Today the facility finally comes online after a big press unveiling. The New Jersey–based vertical farming...

Former Binance executives launch $100M crypto fund

A group of former executives from Binance, one of the largest cryptocurrency exchanges globally, has created a $100 million venture fund, the team told TechCrunch on Thursday. Old Fashion Research (OFR) – whose name is derived from the classic cocktail – was founded...

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