Daily Crunch: Binance opens after platform launches bug forces to stop spot trading, deposits and withdrawals


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Friday Crunch is here! Friday Crunch is here! We are ready to sit by the proverbial pool with an umbrella full of drinks. (Actually, it’ll be the TV and the beer, featuring fancy cocktails and pools.) Christine And came

TechCrunch’s Top 3

  • Probably nothing to see here.: For some time there, cryptocurrency giant Binance had to temporarily suspend spot trading, deposits and withdrawals, Manish Reports. Everything is back to normal this morning.
  • He’s goneGoogle has removed Kenya-focused lending apps from the Play Store following a new policy to require digital lenders to provide license verification. Annie He wrote. In February, we saw something similar play out with Indian government and loan apps.
  • Big investment in EV: Ford is kicking the accelerator when it comes to electric vehicles and by 2025, it will produce the next generation of electric cars at a $5.6 billion plant in Tennessee. Kirsten Reports.

Startups and VCs

ZigZoo, known for its TikTok-style video sharing app for kids, is launching a separate app aimed at Gen Z users. Lauren Reports. The new app takes the original name and is intended for ages 13 and up, while the original kid-focused app was aimed at Generation Alpha (ages 3-12) and rebranded as “Zigazu Kids.” Previous users in the younger age group will automatically migrate to Zigazoo Kids.

WebAssembly (Wasm for short) is an open standard that allows browser-based applications to run with native performance. Frederick Reports. It has also been extended to support non-browser environments, which is pushing the latest buzz around it. But like any new technology, it needs a robust device ecosystem to realize its full potential, and Dylibso has raised $6.6 million to help developers take the tech to production.

Here are six more as we spin our wheels in preparation for the weekend:

Pitch Deck Teardown: Prelaunch.com’s $1.5M Seed Deck

Image Credits: Prelaunch.com (Opens in a new window)

Earlier this week, Haje Jan Camps interviewed Narek Vardanyan, CEO of Prelaunch.com, to get his perspective on how hardware startups can validate products before they go to market.

In a follow-up, he analyzed the pitch deck from Prelaunch.com’s $1.5 million seed round, showing investors how the company monetizes product predictions:

  • Cover slide
  • Summary slide
  • Market context slide
  • Problem slide
  • The solution slider
  • Problem with the current solution slide
  • Product Slide 1
  • Results slide
  • Product slide 2
  • Product slide 3
  • Product slide 4
  • Vision slide
  • Value proposition slide
  • Dragging and sliding parameters
  • Business model and price drift
  • Market trends drift
  • Why slide now
  • Group slide
  • Question slide
  • Contact us slide.

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams stay ahead of the pack. You can register here. Use code “DC” for 15% off annual subscription!

Big Tech Inc.

Remember yesterday when we discussed the arrest of Terraform Labs CEO Do Kwon? all right, Kate He has new information, and Kwon seems very rude, trying to flee to Dubai with, among other things, fake documents. Both the United States and South Korea have requested Do Kwon’s extradition so he can face more charges. It is not yet known where it will end up.

Now let’s wrap up our Tik Tok coverage from yesterday. CEO Shaw Zi-chew seems to have displeased the congress audience. However, we learned some new things: Sarah The social media giant reportedly scans public videos to determine the age of users. Chew also denied that ByteDance staff were spying on journalists. Taylor It has more on that.

And we have five more for you:

  • On the other side of the pond: Natasha L It has a couple of overseas government news. The U.K.’s antitrust watchdog says new evidence “temporarily alleviates” concerns about an antitrust probe of the Microsoft–Activision deal over the supply of video game consoles in the U.K. And the French parliament voted to introduce biometric surveillance at the Paris Olympics.
  • Up, up, but not far.Blue Origin released a report on the launch anomaly six months ago and “promised to fly again soon,” Devine wrote.
  • Cancel at any timeThe Federal Trade Commission has proposed new rules to make it easier to cancel free trials and registrations. Aisha It has more.
  • Experiment, Experiment 1, 2, 3Battery swapping provider Gogoro plans to expand its scale in new markets through B2B partners like Foodpanda in Singapore. Rebecca Reports.
  • 800,000 problems and AI is not oneThe Allen Institute has created a database of 3D models of everyday objects — he writes of 800,000 virtual props to play with.


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