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WEB3

Web3 (WEB3 or Web 3.0) refers to the next generation of the internet, characterized by decentralized and peer-to-peer networks that aim to give users more control over their data and digital interactions. It is a vision of the internet that incorporates blockchain technology and smart contracts, enabling trustless and transparent transactions, decentralized applications (dApps), and the secure storage and sharing of data. Web3 seeks to empower individuals, promote privacy, and foster a more open and collaborative digital ecosystem.

Abra Opens New Division with Yield and Web3 Investment Services for Premium Clients
web3

Abra Opens New Division with Yield and Web3 Investment Services for Premium Clients

Abra continues to offer tailored-made investment solutions to Investors by opening a new division.

Opera Web Browser Gets into Web3 Space, Adds Multiple Tokens into Its Crypto Wallet
web3

Opera Web Browser Gets into Web3 Space, Adds Multiple Tokens into Its Crypto Wallet

The integration of the eight new blockchain ecosystems is set to enable Opera users to access more decentralized apps (dapps) and services.

Spotify Intends to Add NFTs to Streaming Service: Report
web3

Spotify Intends to Add NFTs to Streaming Service: Report

Spotify seems to be making an entry into the NFTs technology. The streaming music platform is looking for talents to work in the early stages of Web3 projects.

Crypto Exchange FTX Expands Business to Africa, Partnering Kenyan Fintech Firm AZA Finance
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Crypto Exchange FTX Expands Business to Africa, Partnering Kenyan Fintech Firm AZA Finance

To expand its global footprint and presence on African soil, top-notch cryptocurrency exchange FTX has partnered with AZA Finance, a Kenyan-based fintech company.

Solana to Replace Ethereum in Blockchain Gaming, Paradox Studios Founder Says
web3

Solana to Replace Ethereum in Blockchain Gaming, Paradox Studios Founder Says

Compared to Ethereum’s Solidity language when developing play-to-earn (P2E) games, the ease of use of Solana’s building language- Rust will give Solana a competitive edge, according to AmioTalio.

Orbs and Fantom Integrate to Push the Boundaries of Web3
web3

Orbs and Fantom Integrate to Push the Boundaries of Web3

The bridge between the major blockchain networks has set its sights on one of the new contenders to join the race for Web3, Fantom

Espresso Systems Raises $32M in Seed Funding, Bringing Scaling & Privacy Solutions to Web 3
web3

Espresso Systems Raises $32M in Seed Funding, Bringing Scaling & Privacy Solutions to Web 3

Espresso Systems is developing right solutions to address the technical and log-jam issues that prevent the advantages of Web3 scalability and privacy.

Analytics Platform Dune Analytics Raises Nearly $70M in Series B Round, Led by Coatue
web3

Analytics Platform Dune Analytics Raises Nearly $70M in Series B Round, Led by Coatue

Ethereum-centric analytics platform Dune Analytics has raised $69,420,000 in Series B funding led by New York-based private equity firm Coatue.

$75M Capital Raised by Blockchain Founders Fund for Metaverse and Web3
web3

$75M Capital Raised by Blockchain Founders Fund for Metaverse and Web3

Singapore-based venture capital Blockchain Founders Fund (BFF) has announced the launch of a new Venture Capital Fund II to support emerging projects in the cryptocurrency, Metaverse and Web3 space.

Crypto.com Becomes 1st Crypto, NFT Partner with Women's Professional Sports Team Angels FC
web3

Crypto.com Becomes 1st Crypto, NFT Partner with Women's Professional Sports Team Angels FC

Crypto.com announced on Tuesday that it has partnered with Los Angeles' Angel City Football Club (ACFC) for exclusive rights to issue official cryptocurrencies and NFTs.

Reddit Intends to Tokenize Karma Points and Onboard Half a Million Users to Web3
web3

Reddit Intends to Tokenize Karma Points and Onboard Half a Million Users to Web3

Reddit reportedly plans to decentralize social media, with its latest plans being to tokenize Karma Points using the Ethereum blockchain.

Fundraising by Crypto Companies Accounts for $8.2B in Q3
web3

Fundraising by Crypto Companies Accounts for $8.2B in Q3

A study says that as cryptocurrencies continue gaining steam, crypto companies raised capital worth $8.2 billion in the third quarter of 2021.