If it walks like a dog and barks like a dog, perhaps it’s actually a digital asset security – TechCrunch

Coinbase, the U.S.-based cryptocurrency exchange that is the third-largest globally, is “facing a U.S. probe into whether it improperly let Americans trade digital assets that should have been registered as securities,” according to a Bloomberg report. The news follows a move by the U.S. Department of Justice last week to arrest and charge a former…

Instagram responds to criticism with shocking revelation that it will ‘continue to support photos’ – TechCrunch

Instagram head Adam Mosseri posted a video this morning addressing mounting concerns about changes to the app’s feed and its increasing emphasis on video. Even Kim Kardashian and her sister Kylie Jenner, the most-followed woman on Instagram, posted their distaste for the new features, so you know it’s serious — remember when Kylie singlehandedly drove…

VCs and founders alike say investors should fold reproductive rights into ESG standards – TechCrunch

Traditionally, U.S. private market investors who adopted environmental, social, and corporate governance (ESG) frameworks — the very few thus far — did so to evaluate a potential company or investment on how it approached areas like sustainability or diversity. But now, in the post-Roe era, as controversial conservative legislation sweeps the nation, some VC investors…

Egyptian B2B e-commerce platform Cartona raises $12M to scale and explore new verticals – TechCrunch

Startups that solve the supply-chain and operational challenges of players in the fast-moving consumer goods (FMCG) industry–by helping buyers access products from sellers on a single platform–keep attracting venture capital from investors. Cartona, one of the major players digitizing the traditional trade market, including mom-and-pop stores, FMCG producers, wholesalers, and distributors in Egypt, has raised…