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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.

News

Indian Finance Minister Urges Banks to Use Web3 Technology to Detect Fraud

Indian Finance Minister Nirmala Sitharaman called on banks to use technologies such as Web3 and AI to detect fraud and generate early warning signs at the 75th Annual General Meeting of the Indian Banks Association in Mumbai on September 18.

Annie Li

Sep 18, 2022

| 1 Min Read

#BLOCKCHAIN #BITCOIN #INDIA #NIRMALA SITHARAMAN #WEB3

Enterprise

Fetch.ai Enhances Web3 Adoption after Onboarding 40,000 New Users

Fetch.ai’s push to a Web3-driven digital economy gained steam after onboarding 40,000 unique and active users from Get My Slice (GMS), a leading consumer-centered data marketplace.

Brian Njuguna

Sep 14, 2022

| 2 Min Read

#FETCH.AI #WEB3 #GMS #DAPP #AEA #BLOCKCHAIN

Finance

North Island Ventures to Invest $125m in 30 to 40 Emerging Crypto Firms

North Island Ventures said in a statement that is launching a new $125 million investment fund to execute 30 to 40 early-stage investments in emerging crypto and Web3 companies and protocols.

Aaron Limbu

Sep 14, 2022

| 1 Min Read

#BLOCKCHAIN #BITCOIN #NORTHISLANDVENTURES #WEB3 #INVESTMENT

Finance

Digital Wallet Omni Raises $11m in Seed Funding

On September 7, digital wallet Omni (formerly known as Steakwallet) raised $11 million in seed funding at a $50 million valuation.

Annie Li

Sep 08, 2022

| 2 Min Read

#BLOCKCHAIN #BITCOIN #OMNI #STEAKWALLET #WEB3

News

Social Media Giant Snap Lays off 20% of Staff, Terminates Web3 Team

Social media giant Snap announced 20% layoffs this week, leading the Web3 team to become a casualty of that move.

Annie Li

Sep 02, 2022

| 2 Min Read

#BLOCKCHAIN #BITCOIN #SNAP #WEB3

Finance

Blockchain Startup Contribution Labs Raises $3M through Equity Sale

Contribution Labs, a Web3-focused startup backed by Alchemy, a pioneer in the blockchain developer platform, raised $3 million through an equity sale.

Annie Li

Aug 31, 2022

| 2 Min Read

#BLOCKCHAIN #BITCOIN #CONTRIBUTIONLABS #WEB3 #ALCHEMY #KUDOS

News

Web3-MI Develops CryptoVillages for Enhanced Crypto Gaming Experience

Web3 Metaverse Innovations Pty Ltd, or Web3-MI, an Australian-based crypto consultancy group, is at the forefront of creating CryptoVillages, a play-to-earn game, to boost the gaming experience.

Brian Njuguna

Aug 28, 2022

| 2 Min Read

#CRYPTOGAMING #WEB3 METAVERSE INNOVATIONS PTY LTD #WEB3-MI #CRYPTOVILLAGES #WEB3