web3
Exclusive: Can Web3 Foundation Achieve a Truly Decentralized Web?
Following the technical underpinnings of Polkadot in Part 1, Jack Platts, Head of Collaborations Web3 Foundation reveals their effort towards the goal of decentralized web! He also explained the governance and technical challenges in achieving a decentralized web!
KuCoin Rolls Out $100m Creators Fund to Accelerate Web3 Growth, Empowering Early-Stage NFT Projects
Crypto exchange KuCoin has announced a $100 million “Creators Fund” to enhance the Web3 ecosystem and support early-stage NFT projects in sports, arts, GameFi, and celebrities.
Binance Introduces New Fan Engagement Platform for Ukrainian Football Team FC Shakhtar
Binance has announced that it will introduce a new fan programme for Ukraine football team FC Shakhtar.
Google Cloud and Polygon Labs partner for Ethereum scaling
Google Cloud will provide framework and developer tools to aid Polygon Labs’ Ethereum scaling protocol. The partnership aims to streamline developer integration for decentralized applications on Polygon.
Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies
Visa teams up with SmartMedia Technologies to launch a pioneering Web3 Loyalty Engagement Solution, revolutionizing customer loyalty with gamified, immersive experiences and digital wallets.
Binance to Launche Pixels (PIXEL) on Launchpool
Binance announces the launch of Pixels (PIXEL) on its Launchpool, a social web3 game on the Ronin Network, offering BNB and FDUSD holders a unique opportunity to farm PIXEL tokens before its trading debut.
Web3 Foundation Claims DOT is a Piece of Software and Not a Security
Web3 Foundation has made a conclusion based on SEC terms that Polkadot is not a security
Hong Kong Embraces Web3 Despite Crypto Market Volatility
Hong Kong's financial secretary, Paul Chan, has emphasized the need for the city to embrace Web3 technology, despite the fluctuations in the crypto market. Chan has proposed a strategy that focuses on proper regulation and promoting development to facilitate Web3's steady growth. He also noted that Hong Kong plans to prioritize financial security, prevent systemic risks, and focus on investor education and protection. The region's approach to crypto regulation contrasts with that of the United States, which has adopted a more hardline response to the industry.
Binance Boosts Web3 Wallet with New Features and $1M Airdrop Campaign
Binance enhances its Web3 Wallet with ERC-404 token support, an Inscriptions Marketplace, and announces a $1M airdrop to engage users.
Mythical Games Unveils Mythos Foundation DAO, Mythos Token to Democratize Web3 Gaming
Mythical Games enlisted 22 partner companies and several big-name advisors in an effort to bring decentralization to Web3 gaming through the launch of the foundation and the token.
Hong Kong's Crypto Rise: Harbinger for China?
Hong Kong's rising status as a crypto hub amidst regulatory amicability sparks speculations on China's evolving stance towards digital assets. The significant crypto activity in Hong Kong, combined with its thriving Over-The-Counter market, reflects a conducive environment for both institutional and retail crypto engagements. As Hong Kong continues to bolster its crypto market, it might be hinting at China's exploratory approach towards understanding and possibly embracing digital assets in the long term.
BinaryX Introduces Cyber Incubation Fund to Support Blockchain Games
BinaryX launches a new 220,000 BNX Cyber Incubation Fund, aimed at driving the growth and adoption of Web3 games.
BNB Chain: Driving the Next Billion User Revolution in Web3, NFTs, and the Metaverse – An Exclusive Interview
Discover BNB Chain's strategy for onboarding 1 billion Web3 users, bridging the decentralized tech gap, managing transaction costs, and future platform developments in our exclusive interview.
Coinbase Launches WaaS to Simplify Adoption of Web3 Wallets
Coinbase has introduced Wallet-as-a-Service (WaaS) to provide enterprises with a customizable on-chain wallet API for easier customer onboarding, loyalty programs, and in-game purchases. The WaaS infrastructure features multi-party computation (MPC) cryptography to improve private key security, user-friendly backup functionality, and control over product experiences while reducing implementation cost and complexity. The solution is being used by companies like Floor, Moonray, thirdweb, and tokenproof.
Argent Crypto Intends to Build a Super App for Web3 with New $40m Funding
Argent, a London-based crypto wallet service provider wants to build a Super app that will serve as the go-to hub for all things crypto, including Web3.0, DeFi, DAOs and NFTs.
McDonald's Hong Kong Partners with Sandbox to Launch First Metaverse Experience, McNuggets Land
McDonald's Hong Kong has teamed up with The Sandbox to create the first Web3 experience platform. This partnership has resulted in the launch of "McNuggets Land", a unique metaverse gaming experience that marks the 40th anniversary of McNuggets.
Wormhole Announces W Token Airdrop
Wormhole, a leading interoperability protocol, has unveiled its native token W and an airdrop to decentralize its network, reinforcing its commitment to the Web3 vision.
Portal Debuts on Binance Launchpool for BNB and FDUSD Farming
Binance Launchpool has added cross-chain gaming startup Portal for a new farming event. Users can earn PORTAL tokens by staking BNB and FDUSD over 7 days starting February 22nd. PORTAL will then list on Binance against major trading pairs.
Polkadot (DOT) New Vision: JAM Session Unveiled by Gavin Wood
Polkadot's founder, Gavin Wood, announces a new vision for the next generation of Polkadot technology named JAM.
Anichess announces strategic partnership with esports giant Team Secret
Anichess teams up with global esports brand Team Secret to enhance competitive gaming and Web3 connections.
OKX Ventures Backs Monad Labs to Accelerate Web3 and Decentralized Computing Innovation
OKX Ventures, the investment arm of crypto exchange OKX, invests in Monad Labs, driving innovation in Web3 and decentralized computing.
VeChain Announces VeBetterDAO Mainnet Launch
VeChain unveils the mainnet launch of VeBetterDAO, a platform designed to accelerate Web3 adoption, sustainability, and decentralized governance.
Astar & Startale: Illuminating the Path to Web3 Mass Adoption
Astar and Startale lead the web3 mass adoption through strategic enterprise partnerships.
Lista (LISTA) Megadrop Is Now Open: Participate with BNB Locked Products or Web3 Quests!
Binance announces Lista (LISTA) Megadrop with BNB Locked Products or Web3 Quests participation.
SWAYE Unveils Revolutionary Telegram-based Game Onboarding
SWAYE leverages Telegram for seamless Web3 game onboarding.
Animoca Brands and EVG Solidify Partnership with Strategic Cross-Investments
Animoca Brands and EVG announce strategic partnership with cross-investments to enhance Web3 ecosystem.
Guild of Guardians Launches to High Ratings and Immersive Gameplay
Guild of Guardians launches with high ratings, showcasing immersive gameplay and strategic depth.
Future of Web3 Gaming: Insights from Immutable (IMX)'s Robbie Ferguson
Immutable (IMX)'s Robbie Ferguson discusses the state and future of web3 gaming.
Web3 Governance: Studying Political Systems at Scale Using DAOs
Exploring how DAOs are used to study political institutions through large-scale experiments.
Tezos (XTZ) Gaming Community Sees New Game Launches and Partnerships in May 2024
Explore new game launches and strategic partnerships in the Tezos gaming community this May.
The Role of BNB in Shaping the Future of Web3
Discover the BNB token's significance in BNB Chain's Web3 ecosystem.
Creating Subgraphs on Linea: A Comprehensive Guide
A detailed guide on building subgraphs on Linea using The Graph's decentralized network.
a16z Crypto: Key Strategies for Finding Product-Market Fit in Web3
Explore five essential strategies for achieving product-market fit in the Web3 space.
Key Insights on Startup Pricing Strategies from a16z Experts
a16z experts discuss startup pricing strategies on web3, consumer psychology, and business economics.
Sei and Gitcoin Launch $250k Creator Fund to Boost SEI Ecosystem
Sei and Gitcoin launch a $250k Creator Fund to support SEI v2 ecosystem growth.
Research Offers New Insights into DAO Governance Mechanisms
Exploring governance in DAOs through web3 experiments
Sui Generis Bridges Web3 Gap for Artists Through NFT Auctions
Sui Generis leverages Sui technology to build a thriving NFT art community.
Gaming Giant gumi Joins Injective (INJ) as Validator
gumi, a top Web2 gaming publisher, joins Injective (INJ)as a validator, bolstering Injective's PoS network.
World of Women (WoW) Joins Tezos Ecosystem to Drive Gender Parity in Web3
World of Women joins Tezos to empower women in the digital economy.
Circle Expands Web3 Services to Solana (SOL), Empowering Developers with New Tools
Circle's Web3 Services now support Solana, enhancing developer tools.
Why Top Gaming Studios are Diving into Web3 Gaming
Top gaming studios are investing in Web3 gaming. Discover why this trend is gaining momentum.
Bondex Secures Strategic Investment from Animoca Brands to Expand Web3 Recruitment Platform
Bondex garners strategic investment from Animoca Brands to enhance its Web3 recruitment platform.
Linea LEIA Unveils First Seven Investments to Boost Web3 Innovations
LEIA announces inaugural investments targeting DeFi, Social, and Gaming sectors.
OKX Ventures Leads Seed Round in Decentralized Data Protocol Codatta
OKX Ventures spearheads seed investment in Codatta, aiming to monetize Web3 data.
Injective (INJ) Partners with The Graph to Enhance Open Data Accessibility
Injective (INJ)integrates with The Graph to offer developers enhanced access to on-chain data, fostering the creation of sophisticated dApps.
Circle Launches Credits Program to Support Blockchain Developers
Circle introduces a Credits Program to assist developers with blockchain deployment costs, offering up to $1,000 in credits for Web3 services.
Manta Network Unveils $10 Million Moon Mission Meme Grants
Manta Network launches a $10 million Moon Mission Meme Grants program to boost meme culture on its platform. Apply now to lead the meme wave.
SUI: SuiNS Adopts @ Symbol for Streamlined Blockchain Identity
SuiNS updates its naming standard from .sui to @, enhancing identity consistency across Web2 and Web3 platforms.
Exploring Governance: From Democracy to AI Oversight in Web3
The latest a16z podcast delves into governance, covering democracy's history, corporate boards, and AI oversight with experts Noah Feldman and Andrew Hall.
BNB Chain Announces Veld Hardfork with Major Enhancements
BNB Chain reveals the Veld hardfork, scheduled for June 25 on Testnet and July 8 on Mainnet, introducing significant updates and optimizations.
Immutable (IMX) Pioneers the Future of Web3 Game Economies
Immutable (IMX) is spearheading the evolution of game economies with Web3 technology, unlocking new revenue streams and true digital asset ownership for players.
Fireblocks Partners with TRES Finance to Enhance Web3 Financial Reporting
Fireblocks collaborates with TRES Finance to streamline Web3 accounting and financial reporting, offering automated solutions to meet regulatory demands.
Astar Network and Startale Announce Strategic Merger for Web3 Growth
Astar Network and Startale announce a strategic merger, initiating a two-phase strategy to leverage combined strengths for innovation and growth in the web3 ecosystem.
TinyTap and Open Campus to Host EDU Denver, a Fusion Event for Education and Web3 Leaders
TinyTap and Open Campus announce EDU Denver, a free event uniting education and Web3 leaders, scheduled for June 24, 2024.
The Importance of Decentralization for Web3 Startups
Discover why decentralization is vital for web3 startups, promoting competition, protecting freedoms, and rewarding all stakeholders equitably, according to a16z crypto.
Serial Founder Ben Rubin Discusses Product Market Fit and Web3 Innovations
Ben Rubin, creator of Meerkat and Houseparty, shares insights on finding product market fit and his new venture in Web3 with a16z crypto.
Smart Contracts: Revolutionizing Digital Agreements
Explore how smart contracts are transforming digital agreements with automation, security, and transparency. Learn about their real-world applications and future potential.
a16z crypto: Exploring Key Frameworks for Decentralization in Web3 Startups
a16z crypto outlines three key frameworks for decentralization: technical, economic, and legal, highlighting their importance for Web3 startups.
Comprehensive Guide to Launching a dApp on Injective
Learn how to launch a decentralized application (dApp) on Injective, from installing injectived to deploying smart contracts and building a frontend.
Immutable (IMX) and MARBLEX Forge Alliance to Enhance AAA Web3 Gaming
Immutable (IMX) and MARBLEX are partnering to bring AAA games to Immutable zkEVM, enhancing the Web3 gaming experience with a $20M Ecosystem Boost Program.
Immutable (IMX) and Space Nation Launch Limited-Edition NFT Collection
Immutable (IMX) partners with Space Nation to release a limited-edition NFT collection, the Immutables, enhancing the web3 MMORPG space universe.
Money B Unveils NFT Track 'Sit Next to Me' on Gala Music Featuring Guapdad 4000
Hip hop legend Money B releases new NFT track 'Sit Next to Me' featuring Guapdad 4000 on Gala Music platform, embracing Web3 technology.
Gala Games Introduces Tradability of NFTs, Empowering Players Through Web3
Gala Games leverages Web3 to empower players with tradable NFTs, enhancing player freedom and control through platforms like OpenSea.
BNB Chain Welcomes New Projects in DeFi, AI, and Web3 Gaming
BNB Chain introduces new projects in DeFi, AI, and Web3 gaming from June 23 to June 30, enhancing its ecosystem.
Circle Enhances Web3 Services with Solana Support and New Developer Tools
Circle introduces Solana support for Programmable Wallets, new Smart Contract API, and Circle Credits Program to aid developers. Learn more about the latest updates.
Brian Pak Sheds Light on Web3 Security Challenges and Innovations
Brian Pak of ChainLight discusses combating Web3 hacks and DeFi exploits, and the role of law enforcement in securing the crypto ecosystem.
Astar Network Emerges as Preferred Blockchain for Global Enterprises
Astar Network, through its Yoki Origins campaign, showcases its robust ecosystem by onboarding numerous projects and achieving significant milestones.
OKX Ventures Invests in Prodia for Distributed Cloud Computing Expansion
OKX Ventures announces seed round investment in Prodia to enhance distributed cloud computing with Web3 infrastructure.
Understanding the Data Ownership Protocol (DOP) and Its Impact on Web3 Privacy
Explore the Data Ownership Protocol (DOP), a breakthrough initiative enhancing data privacy in Web3 with zk-SNARKs and ECDSA technologies.
Immutable (IMX)'s Record-Breaking Growth and Strategic Partnerships in June 2024
Immutable (IMX) experiences record-breaking growth and significant partnerships in June 2024, including a major migration of NetMarble's MARBLEX platform.
Startale Expands Team to Advance Decentralized Web3 Vision
Startale is hiring for multiple roles to build a decentralized internet. The company seeks talent in DeFi, tech project management, and social media.
Immutable (IMX) Expands to Japan: Partnership with QAQA and DM2C Studio to Drive Web3 Gaming
Immutable (IMX) partners with QAQA and DM2C Studio to introduce web3 gaming to the Japanese market, enhancing digital ownership and gaming experiences.
Eden Games to Launch Blockchain-Integrated Cosmic Royale in Animoca Brands’ Motorverse
Eden Games, under Animoca Brands, announces Cosmic Royale, a blockchain-integrated party royale kart racing game, as part of the Motorverse ecosystem.
NFT Artists and Web3 Communities Shine in Linea's Culture SZN Wave 3
Discover the NFT artists and web3 communities featured in Linea's Culture SZN Wave 3, including SendingMe, TownStory, Danielle Zosavac, and more.
Sei Foundation Introduces $50M Japan Ecosystem Fund for Gaming and Entertainment
Sei Foundation launches a $50M Japan Ecosystem Fund to support Web3 gaming, social, and entertainment sectors, aiming to boost crypto startups in Japan.
Gala Games Launches Early Access for Legends Reborn
Gala Games has opened early access for Legends Reborn, a web3 collectible card game, offering players free cards and multiple ways to build their decks.
Manta Pacific Pioneers Real-World Asset Integration in Web3
Manta Pacific is leading the charge in integrating real-world assets into Web3, enhancing the Manta Network ecosystem with innovative RWA initiatives.
Linea Launches Culture SZN to Spotlight NFT Creators and Communities
Linea's Culture SZN highlights over 20 NFT creators, encouraging community engagement through free mints and votes to form Linea Guilds.
Treasure Tapper Unveils New Daily Reward Feature to Enhance User Experience
Treasure Tapper introduces a new Daily Reward feature, allowing users to claim coins daily and prepare for upcoming game-enhancing upgrades.
Immutable (IMX) Passport Surpasses 1 Million Sign-ups, Eyes Further Growth
Immutable (IMX) Passport hits 1 million sign-ups, revolutionizing web3 gaming with a user-friendly, non-custodial wallet solution.
BNB Chain Announces Winners of 2024 Q2 Hackathon
BNB Chain revealed the winners of its 2024 Q2 Hackathon, spotlighting top projects like Context Pilot and Kiwi Pad Bot.
Gala Games Community Thrives on Discord Engagement
Gala Games' Discord serves as the core of its community, offering real-time updates, team engagement, and valuable discussions.
Web3 Artist Push Discusses NFTs, Culture SZN, and the Power of Love
Digital artist Push talks about Culture SZN, NFTs, and spreading love in the web3 ecosystem.
Treasure Tapper: Revolutionizing Web3 Adoption Through Gamification
Treasure Tapper is driving mass web3 adoption with its innovative approach, turning time and attention into real crypto rewards, according to Gala News.
Understanding Tokens and the Vision Behind Mocaverse
Explore the purpose of tokens and how Mocaverse aims to revolutionize network effects in the Web3 ecosystem.
BNB Chain Introduces New Projects for Mid-July 2024
Explore the latest projects onboarded by BNB Chain from July 8th to July 14th, including innovations in DeFi, AI, and Web3 gaming.
Bitfinex to List UXLINK Governance Token for Decentralized Social Platform
Bitfinex announces listing UXLINK, the governance token of the UXLINK decentralized social platform, enhancing Web3 adoption.
BNB Chain Announces 'Become A Champion Builder' Hackathon for Q3 2024
BNB Chain's Q3 2024 hackathon invites developers to create transformative decentralized applications with a prize pool exceeding $500,000.
Understanding UXLINK (UXLINK): A New Era of Social Interaction in Web3
UXLINK merges real-world social connections with blockchain, offering a secure and transparent platform for interaction, trading, and community building.
BNB Chain to Participate in Blockchain Rio 2024, Showcasing Web3 Innovations
BNB Chain will attend Blockchain Rio 2024, Latin America's premier blockchain event, featuring industry leaders and immersive experiences.
BNB Incubation Alliance to Return at Bitcoin 2024 in Nashville
BNB Chain announces the second BNB Incubation Alliance at Bitcoin 2024 in Nashville, fostering growth for early-stage blockchain projects.
Fireblocks Introduces Self-Service Tools to Empower Blockchain Startups
Fireblocks launches a suite of self-service tools to help blockchain startups innovate quickly and securely.
Debunking Common Myths About Web3 Gaming
Explore the truth behind five common myths surrounding Web3 gaming, including AAA studio involvement, user-friendliness, and financial models.
BNB Chain Unveils New Projects for Early July 2024
BNB Chain introduces new projects from July 1st to 7th, spanning DeFi, AI, Web3 gaming, and more.
Key Insights on Decentralized Social Networks from Mask Network and Lens Protocol
Mask Network's Suji Yan and Lens Protocol's Stani Kulechov discuss the future of decentralized social networks at ETHCC.
Vitalik Buterin and Anoma Founders Discuss ZK Potentials in Web3 Social Protocols
Vitalik Buterin and Anoma founders delve into Zero-Knowledge Proofs' potential in Web3 social protocols at ETHCC[7] in Brussels.
Binance Launchpool to Integrate DeFi BNB Assets with Web3 Wallet
Binance extends DeFi BNB Assets support to its Web3 Wallet, enhancing the BNB ecosystem. New integrations include liquid staking tokens and more.
Sui Foundation Awards Grants to Innovative Web3 Projects
The Sui Foundation announces its latest grant recipients for May-July 2024, supporting projects that enhance the Sui ecosystem.
Comprehensive Guide to Web3 Development in 2024
Explore the essentials of Web3 development, skills required, and how to start a career in decentralized applications, according to BNB Chain Blog.
Decentralized Social vs. Web3 Social: Key Insights from ETHCC 2024 Panel
Experts at ETHCC 2024 discuss the future of decentralized social networks, highlighting data ownership, censorship resistance, and infrastructure development.
Storacha: Revolutionizing Decentralized Hot Data Storage
Storacha introduces a cutting-edge, decentralized hot storage network, transforming web3.storage. Learn how it works and its impact on the decentralized internet.
Circle Introduces Key Updates for Web3 Services in July 2024
Circle's July 2024 updates include Social Logins, Email OTP for Programmable Wallets, and an 'enum' update for Solana API endpoints.
Telegram Introduces Browser with Web3 Support, Mini App Store, and More
Telegram's latest update includes a new in-app browser with Web3 support, a Mini App Store, and features like gifting Stars to friends.
OKX Ventures and Aptos Foundation Introduce $10M Ecosystem Growth Fund
OKX Ventures and Aptos Foundation have announced a $10M fund to support the growth of the Aptos ecosystem and Web3 adoption.
Essential Guide for Studios: Choosing the Right Blockchain for Web3 Games
Discover how to choose the right blockchain for Web3 game development. Learn about gaming-focused platforms, security, scalability, and ecosystem support.
Revolving Games and Animoca Brands Collaborate to Develop Scalable Node Network
Revolving Games partners with Animoca Brands to create a scalable Web3 gaming ecosystem leveraging decentralized infrastructure and the RCADE token.
Immutable (IMX) Achieves Major Milestones in July 2024, Expands into Japan
Immutable (IMX) records significant growth with 2M Passport signups, new gaming titles, and expansion into Japan in July 2024.
Comprehensive Guide to Token Design, Launch, and Rights Management
a16z crypto provides an in-depth guide on designing, launching, and managing token rights, covering essential strategies and best practices.
BNB Chain Unveils Attestation Ideas for 2024 Q3 Hackathon
BNB Chain announces attestation ideas for its 2024 Q3 Hackathon, with over $500,000 in prizes. Key tracks include gaming, social, and payments.
Exploring Proof of Stake: A Sustainable Solution for Web3
Discover the benefits of Proof of Stake (PoS), a greener blockchain consensus mechanism ensuring security and decentralization in the web3 ecosystem.
Exploring the Salt Server Architecture of zkLogin by Mysten Labs
Mysten Labs unveils the salt server architecture behind zkLogin, ensuring secure and private identity management for Web3 applications.
Sui Bridge Test Program Reveals Key Bug Fixes and Insights
The Sui Bridge incentive program, conducted in June, identified bugs and gathered insights for a smoother bridging experience. Over 184,000 transactions were completed.
BNB Chain Launches $1M Gas Grants Program to Boost Web3 Innovation
BNB Chain announces a $1M Gas Grants Program aimed at supporting Web3 startups and developers over a three-month period.
BNB Chain Introduces New Projects from August 6th to 19th
BNB Chain welcomes new projects spanning DeFi, AI, Web3 gaming, and more between August 6th and 19th. Discover the latest additions and their unique contributions.
The Role of Hashes in Web3 Technology
Explore the importance of hashes in Web3, ensuring data integrity, security, and efficiency in blockchain technology.
ETFs: Catalysts for Bridging Traditional Finance and Web3 Adoption
ETFs are pivotal in merging traditional finance with Web3, offering regulated access to blockchain investments. Learn how ETFs are driving mainstream Web3 adoption.
Binance Labs Invests in Four Web3 Projects from BNB Chain's MVB Season 7
Binance Labs has invested in four standout projects from BNB Chain's MVB Season 7, aiming to accelerate growth and innovation in the Web3 space.
Strategies for Hiring and Retaining Talent in Web3 Startups
Experts from a16z crypto discuss effective strategies for hiring and retaining talent in web3 startups, ensuring workplace satisfaction and business scalability.
Crypto Scams Surge in 2024: ASIC Cracks Down on Fraudulent Schemes
The rise in crypto scams in 2024 underscores the need for vigilance in the Web3 space, according to the Australian Securities and Investments Commission (ASIC).
BNB Chain to Sponsor ETHTokyo Hackathon with Exciting Challenges
BNB Chain joins ETHTokyo as a gold sponsor, offering two challenges with $2,500 prizes for innovative Web3 solutions.
BNB Incubation Alliance Round 2 Winners Announced at Bitcoin 2024
BNB Chain reveals the winners of the BNB Incubation Alliance Round 2 during Bitcoin 2024 in Nashville, showcasing top blockchain projects.
Exploring Proof-of-Work (PoW) in Web3: Mechanisms, Benefits, and Challenges
Discover the role of Proof-of-Work (PoW) in blockchain technology, its benefits, challenges, and its importance in Web3 ecosystems.
Animoca Brands Partners with Lukka for Enterprise Data Management, Makes Strategic Investment
Animoca Brands selects Lukka for enterprise data management and receives a strategic investment from Animoca Capital.
BNB Chain Expands with New Telegram Mini Games
Explore the latest Telegram Mini Games on BNB Chain, including Eggdrop, Let’s Throw Slime, and Treasure Quests, enhancing Web3 adoption.
Leveraging On-Chain Data to Boost Player Engagement in Web3 Gaming
Discover how web3 gaming platforms are using on-chain data to attract and retain players, ensuring transparency and enhancing user experience.
TON and Telegram Partner with Gala Games to Revolutionize Web3 Onboarding
TON and Telegram collaborate with Gala Games to simplify Web3 onboarding through innovative Telegram Mini Apps.
Understanding Token Compensation: A Comprehensive Guide
Explore how tokens fit into compensation strategies, with insights on structuring grants, vesting schedules, and tax considerations.
BNB Chain Celebrates Anniversary with Ecosystem Catalyst Awards
BNB Chain announces its 4th Anniversary Ecosystem Catalyst Awards to honor innovative projects in categories like DeFi, Gaming, and Infrastructure.
Gala Music Introduces $MUSIC Box with Exciting Prizes
Gala Music unveils the $MUSIC Box for $4.99, offering chances to win $MUSIC, $GALA, exclusive NFT tracks, and a $2k Jukebox Node.
Illuvium's Open Beta Launch: A New Era in Web3 Gaming
Illuvium officially launches its Open Beta on Immutable (IMX), offering a unique web3 gaming experience with high-quality graphics and immersive gameplay.
Exploring Registration-Based Encryption for Blockchain Key Distribution
A new approach to key management on blockchains, registration-based encryption, offers promising advantages over traditional methods like public key directories and identity-based encryption.
Immutable (IMX) Integrates zkEVM with Fireblocks, Expanding Global Access for Web3 Gaming
Immutable (IMX)'s integration with Fireblocks will enhance digital asset management for games, builders, and DeFi projects, offering global access to Immutable zkEVM.
GAMEE Secures Investment from TON Ventures to Enhance Web3 Integration
GAMEE, a subsidiary of Animoca Brands, receives investment from TON Ventures to integrate TON-based digital assets and expand its Web3 gaming ecosystem.
BNB Chain Celebrates Four Years with BNB Day Festivities
BNB Chain marks its 4th anniversary with BNB Day on September 1, 2024, highlighting community milestones and future Web3 ambitions.
Arbitrum Nova Launches on Dune, Enhancing Web3 Gaming and Social Applications
Arbitrum Nova, the AnyTrust chain for Web3 gaming and social applications, is now live on Dune, according to dune.com.
Astar Network Unveils Evolution Phase 1 with Soneium Transition
Astar Network announces Phase 1 of its evolution, transitioning Astar zkEVM to Soneium L2, a collaboration with Sony Group and Startale.
Web3 Gaming Revolution: Insights from Immutable (IMX) Ambassadors
Discover the transformation of gaming through Web3 as Immutable (IMX) Ambassadors share their journeys and insights, highlighting the benefits of true asset ownership.
Gala Games Introduces $TREZ Litepaper with New Ecosystem Incentives
Gala Games has unveiled the $TREZ litepaper, detailing new incentives and rewards for its Telegram mini app gaming ecosystem.
Immutable (IMX) Passport Surpasses 2 Million Signups, Revolutionizing Web3 Gaming Wallets
Immutable (IMX) Passport surpasses 2 million signups, setting a new standard for web3 gaming wallets by addressing the unique needs of gamers and developers.
Injective (INJ)Launches Remix Web IDE for Seamless Smart Contract Development
Injective (INJ)introduces the Remix Web IDE plugin, streamlining smart contract development directly from the web browser.
DARKTIMES Introduces Medieval Brawler Royale on Sui Blockchain
DARKTIMES, a medieval brawler royale game, leverages Sui blockchain for enhanced Web3 player engagement and asset ownership.
Web3 Adoption Faces Challenges Amid Market Dynamics
Web3 adoption, while progressing, is hindered by speculation and lack of consumer-facing dApps, according to Binance Research.
BNB Chain Celebrates 4th Anniversary with Global Community Spotlight
BNB Chain marks its 4th anniversary by celebrating the contributions of its global community, known as Martians, highlighting their efforts in various regions.
New Projects Announced on BNB Chain (August 20 - August 31)
BNB Chain introduces a range of new projects from DeFi to AI and Web3 gaming. Discover the latest additions to the BNB Chain ecosystem.
SuiPlay0X1: Innovative Web3 Gaming Handheld Opens Preorders
SuiPlay0X1, the first Web3 gaming handheld, starts preorders at $599. Integrates Sui games and Steam for a unique gaming experience.
Pool Masters Integrates with Immutable (IMX)'s Main Quest: What Players Can Expect
Pool Masters, from the creators of 8 Ball Pool, joins Immutable (IMX)'s Main Quest, bringing web3 rewards and player ownership to mobile pool gaming.
BNB Chain Celebrates 4 Years with New Innovations and Ecosystem Growth
BNB Chain marks its 4th anniversary with the launch of the One BNB strategy, expanded developer support, and significant ecosystem growth.
Animoca Brands Japan Partners with TOKYO STUPID GAMES for Web3 Expansion
Animoca Brands Japan collaborates with TOKYO STUPID GAMES to enhance Web3 expansion and real-world assets integration.
BNB Chain Celebrates 4 Years, Aiming to Onboard the Next Billion Web3 Users
BNB Chain marks its fourth anniversary with a focus on expanding its ecosystem and onboarding the next billion Web3 users through innovative strategies and continuous support for developers.
Circle Introduces NFT Support on Solana and New Sample App for Programmable Wallets
Circle updates Programmable Wallets with Solana NFT support and a new sample app for user-controlled wallets, enhancing developer capabilities.
SuiNS Highlights Milestones and Future Vision
Explore how SuiNS evolved from a naming service to a community-driven identity solution and its future plans for decentralization and $NS token launch.
BNB Incubation Alliance (BIA) to Host Third Edition at Token 2049 Singapore
BNB Incubation Alliance's third edition will take place at Token 2049 Singapore, aiming to foster early-stage blockchain projects within the BNB Chain network.
IOTA Strengthens European Blockchain Leadership Through Key Partnerships and Compliance
IOTA Foundation drives blockchain innovation in Europe with strategic partnerships and adherence to EU regulations, positioning itself as a leader in Web3 and sustainable DLT applications.
TipLink Revolutionizes Payments with Easy-to-Use Links
TipLink introduces a groundbreaking way to send money using simple interactive links, enhancing accessibility and affordability in payments.
BNB Chain's MVB Program Launches Season 8 to Boost Web3 Innovation
BNB Chain's Most Valuable Builder (MVB) Program returns with Season 8, aiming to accelerate Web3 innovation with enhanced support and resources.
Sei Announces $50K Gauntlet Gaming Competition and $250K Creator Fund Round #4
Sei launches a $50K gaming competition and a $250K Creator Fund Round #4 to support Web3 gaming creators.
ETHCC Web3 Social Day Highlights: Decentralized Social Networks vs. Web3 Social
ETHCC Web3 Social Day featured a deep dive into decentralized social networks and Web3 social platforms. Key figures discussed the future of social media.
ETHCC Web3 Social Day Panel Discusses Future of Decentralized Social Networks
A recap of the ETHCC Web3 Social Day panel discussing decentralized social networks and Web3, featuring insights from experts on Nostr, Ethereum, and more.
Gala Games to Showcase Innovations at TOKEN2049 Singapore 2024
Gala Games will participate in TOKEN2049 Singapore 2024, presenting its vision for a decentralized future and exploring new partnerships.
Creating a Web3 Marketplace Dapp on Linea: A Comprehensive Guide
Learn how to build a Web3 marketplace dapp on Linea, covering front-end and smart contract development for a decentralized marketplace.
Key Market Design Insights for Web3 Builders from a16z Crypto
Discover three essential takeaways on market design for Web3 builders from a16z Crypto's latest insights, focusing on strategies for marketplaces, network effects, and token design.
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.
Web3 Startup Funding Drops 82 percents YoY
VC funding for Web3 start-ups decreased by 82% YoY in Q1 2023, dropping to $1.7 billion. The number of big funding rounds hitting nine figures almost completely dried up over the past year. The decline in Web3 funding is attributed to investors opting for a risk-off approach and seeking opportunities in industries they know best.
Metaverse will change the world in 2022
After Facebook has announced to change its name to "Meta" last summer, the whole world has focused on a term called "Metaverse". The word "Metaverse" has been searched in Google and Youtube every day. However, Meta is not a decentralized organization that is not a Decentralized Autonomous Organization (DAO), a Web.30 concept, and GameFi players may not like it.
Mastercard Unveils Interoperable CBDC in Australia
Mastercard, in association with the RBA and DFCRC, has demonstrated a groundbreaking interoperable CBDC solution to enhance Web3 commerce in Australia and beyond. The live demonstration showcased a pilot CBDC holder purchasing an NFT on Ethereum, utilizing Mastercard’s Multi Token Network, emphasizing the potential of blockchain interoperability in fostering secure and efficient digital commerce.
Crypto and NFT Communities Respond to Turkish Earthquake Relief Efforts
Many firms in the field have donated funding, on-the-ground help, and even future NFT charity efforts.
Bosch and Fetch.ai to Create Foundation to Fund Development of Web3
Bosch establishes Fetch.ai Foundation and commits $100 million in funding to create Web3, AI, and IoT products.
Zilliqa declares the establishment of the Zilliqa Group.
Zilliqa Research Pte. Ltd. has formed the Zilliqa Group, a conglomerate focusing on Web3 and blockchain-based products, including gaming and decentralized finance, with a restructured board overseeing the transition.
InfiniteWorld Attains Super Bit Machine for Best-In-Class Gaming, Web3 Experiences
Web3 and metaverse infrastructure firm InfiniteWorld has acquired Super Bit Machine to provide best-in-class experiences in the metaverse world by incorporating multiplayer and real-time game development abilities.
Animoca Brands Reports US$402 Million Bookings for 2022
Animoca Brands, a leading digital entertainment and blockchain technology company, reported strong financial performance in 2022, with bookings reaching A$594 million and a strong liquidity position, despite expanding its business portfolio.
Only1 Launches First Web3.0 Social NFT Platform Built on Solana
Only1, a decentralized web3 social platform, is set to revolutionize how consumers use the social media landscape. Only1 pivots into a creator economy solution to eliminate intermediaries and allow creators to monetise their content easily.
a16Z to Establish Crypto Research Lab
Wallet Street Venture Capital firm, Andreessen Horowitz (a16Z) established its own crypto research lab to conduct blockchain-related academic research.
Hong Kong Boosts Web3 with New Task Force
On June 30th, 2023, Hong Kong's government revealed the creation of a pivotal initiative - the Task Force on Promoting Web3 Development. This significant step, led by Financial Secretary Paul Chan, includes fifteen non-official members selected from relevant market sectors, plus key government and financial regulatory officials.
Hong Kong Aims to Lead in Green Finance and Web 3.0, Says Financial Secretary
Hong Kong is setting its sights on becoming a global leader in two new fields: green finance and Web 3.0, according to a recent speech by the city's Financial Secretary Paul Chan.
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.
Sortium Blockchain Studio Launches 1st 3D Living NFT "Kymera"
Web3 technology provider Sortium Blockchain Studio has launched the first 3D living NFT called "Kymera" based on-chain DNA.
Celestia's Core Values: Bridging Off-chain Governance with User-centric Network
Mustafa Al-Bassam delineates five core values for Celestia's social layer aimed at enhancing trust-minimization and user-centric network functionalities. These values include the primacy of off-chain governance, user elevation, credible neutrality towards execution environments, economic sustainability, and minimizing overhead and state bloat. The discourse provides a profound insight into Celestia's commitment to fostering a user-driven, trust-minimized blockchain network.
Animoca Brands Lands $75m in New Funding
In its latest funding round, digital entertainment, blockchain, and gamification outfit, Animoca Brands announced it has raised the sum of $75 million.
Chainlink Unveils Constellation: A Grand Hackathon Event
Chainlink announces its largest hackathon, Constellation, from November 8 to December 10, 2023, with a $350,000 prize pool across seven core tracks. This event follows the trajectory of growth from Chainlink's inaugural hackathon in 2020. The hackathon is open to Web3 engineers of all experience levels and covers a broad spectrum of blockchain applications. It not only serves as a competition but a learning platform offering extensive educational resources and technical support to participants.
DeFi Platform Space and Time Pulls $10m in Series A Funding
DeFi startup Space and Time has secured $10 million in a Series A funding round as the firm seeks to develop its one-in-a-kind cryptographic protocol called proof-of-SQL.
Hack VC Closes $150M Fund I, Increases Assets Under Management to $425M
Crypto venture firm Hack VC has closed a $150 million maiden fund, bringing total assets under management to $425 million. Hack VC is a long-time web3 investor, having backed over 100 projects since 2014. The firm remains firmly bullish on web3's future potential and will deploy its new capital to seed critical infrastructure startups.
Animoca Brands' Japanese Unit Raises $45m
Animoca Brands' Japanese unit raised $45 million in financing at a $500 million pre-money valuation.
Snapchat CEO Announces Exit From Web3 Sighting Financial Difficulties
Chief Executive Officer of Snap Inc. Evan Spiegel has announced that the firm is pulling out of all its investments in Web3 technology, citing financial difficulties at the moment
Scaramucci's Skybridge Capital to Launch Venture Fund for Web3 & Crypto Investments
SkyBridge Capital is planning to unveil a dedicated venture fund that will invest in web3 and crypto companies.
Mirana Ventures Invests $8 Million in Toncoin (TON)
Mirana Ventures has launched a long-term partnership with TON Foundation, investing $8 million in Toncoin to drive mass adoption of token-governed technologies and collaborate with other blockchains.
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.
Web3 users can now register .eth domains with fiat options
ENS has launched a fiat on-ramp for .eth domain registrations through MoonPay, allowing Web3 users to pay with fiat options such as Apple Pay and Google Pay instead of only Ether. ENS has also upgraded its platform to streamline sign-ups and expand its usability for hosting censorship-resistant websites.
Animoca Brands's New Management Team Onboards
Animoca Brands, a digital entertainment, blockchain, and gamification startup has announced that it has onboarded many new staff to take up leadership positions in the company.
Coinhouse Trims 15% Workforce Amid Crypto Sector Challenges
French crypto exchange Coinhouse trims 15% of its staff, mirroring broader sector challenges. The move, announced on October 13, 2023, primarily affects the web 3.0 department, hinting at a strategic shift towards core crypto investment services amidst a bearish market scenario. The company's evolution, from a workforce of 100 to 60 within a year, highlights the cautious recalibration among crypto entities in navigating market and economic uncertainties.
web3 gaming METAPIXEL Suspended Indefinitely
The METAPIXEL project has been suspended indefinitely due to a range of internal and external factors. Key team members, including Kate, Daniel, and Nathan, have announced their departure from the project. The development comes after 18 months of active work on the project, leaving both the team and the community in a state of uncertainty.
Japan Blockchain Association Proposes Cryptocurrency Tax Reforms to Government
The Japan Blockchain Association (JBA), led by Representative Director Yuji Kano of bitFlyer, submitted a proposal for cryptocurrency tax reforms to the government on July 28, 2023.
Astar Network Partners With Shibuya to Support Tokyo Ward’s Web3 Strategy
Blockchain innovation hub Astar Network has partnered with Shibuya, the Tokyo ward famed for its commerce and finance. The agreement will see Astar support Shibuya’s new web3 initiative and host events that support this strategy.
Morningstar Ventures Invests $5M to Open 37xDubai, a Novel NFT Art Gallery in Central Dubai
Morningstar Ventures, an investment firm specializing in digital assets and blockchain technology, is opening its first interactive digital art gallery in the heart of Dubai. Located in the Burj Daman Tower (DIFC area), ‘37xDubai’ is positioned amidst Dubai’s business and lifestyle center.
Unstoppable Women of Web3 Leads Initiative to Provide Web3 and Metaverse Education for 6 Million African Women
The initiative will consist of free digital identities, educational streams, online courses, in-person networking, and more to bring more women in Africa into Web3 and the metaverse
Animoca Brands subsidiary Forj Unveils $APE Accelerator to Boost ApeCoin Ecosystem
Forj, under Animoca Brands, has inaugurated the $APE Accelerator to bolster the ApeCoin ecosystem. The accelerator is now open for applications, inviting innovative Web3 projects to leverage the platform and connect with a substantial ApeCoin community. The initiative underscores a community-driven approach to enhance the utility and value of ApeCoin.
Web3 Startups Witness 76% Plunge in Venture Funding in Q2 2023
Web3 startups saw a 76% drop in Q2 2023 funding, with only $1.8B raised. Despite VC downturn, Bitcoin and Ether prices surged. Future of Web3 funding remains uncertain.
OKX Faces Allegations of Restrictive Practices in ICE Coin Listing
OKX, a leading crypto exchange, faces allegations of unfair trading practices following its listing of the ICE coin. Despite technological advancements and a growing global presence, these accusations put the company's commitment to transparency and user trust to the test.
Romania's ICI Bucharest Launches NFT Trading Platform for Web3 Adoption
ICI Bucharest has announced the launch of its in-house NFT trading platform, ICI D|Services, on April 26. The platform aims to facilitate the adoption of Web3 in Romania and connect private and public sector institutions and users. ICI Bucharest has been exploring blockchain and nonfungible tokens as the space gains traction globally.
Keiji Inafune and Seiichi Ishii with Minnapad for New Web3 Projects
Famed Developers of Iconic Game Franchises, Mega Man and Tekken to Serve as Inaugural Legends DAO Partners with Their Original IPs, BEASTROID and BRAIN FIGHTER, on a New Platform
Coinfest Asia is Back in 2023, Carrying the Theme of Web2.5!
Coinfest Asia, the immersive Web3 festival in Asia, will be back on 24-25 August 2023 in Bali. Previously, the 2022 edition of Coinfest Asia managed to have more than 2,000 participants from more than 50 countries, these participants started from the institutional level, retail, and regulators.
Google, UK, FTX and Binance in Crypto News
Google expands its Web3 program with 11 blockchain partners, while the UK government commits $125 million to accelerate its AI readiness. FTX is set to sell LedgerX for $50 million, and Binance.US backs out of a $1 billion Voyager asset purchase, citing regulatory concerns.
Kompute Seeks to be the “AWS” of Decentralized Cloud Computing
Kompute, a blockchain company based in Estonia, intends to render significant control and anonymity in cloud computing through a decentralized model explicitly created for Web3.
Bitget Launches Web3 Fund
Bitget has launched a Web3 Fund to support venture firms and projects globally, with a focus on Asian projects solving real-world problems. Bitget plans to partner with venture capitalists and expand its products and services in 2023.
Over 220 Web3 Companies Settle in Hong Kong, Boosting Virtual Asset Development
Hong Kong has welcomed over 220 Web3 companies from 20 countries and regions, focusing on sectors like virtual asset exchanges, blockchain infrastructure, network security, and payment services, aiming to balance development with regulatory frameworks.
KuCoin Labs Rolls Out Incubation Program with Univers Network to Boost Web3 Exploration
KuCoin Labs, the incubation and investment arm of crypto exchange KuCoin, has launched an incubation program with Univers Network to aid the exploration of the Web3 space.
Bybit-Backed Gaming Platform Enters the Web3 World for Enhanced Experience
Yeeha Games, a $50 million-funded GameFi platform backed by crypto exchange Bybit, has entered the Web3 world to act as the bridge between gaming and finance (GameFi) and traditional gaming.
Coinbase CEO Proposes Web3 Version of LinkedIn
Coinbase CEO Brian Armstrong has received over 150 applications for its inaugural Coinbase Ventures Summit in October. He introduced the Web3 version of LinkedIn, a decentralized platform, and suggested companies issue NFTs for employment verification. The summit aims to foster crypto innovation.
Chainalysis Finds Ownerships of Web3 DAOs Are Not Actually Decentralized
Chainalysis research study shows that most DAOs are not actually decentralized as they are intended to be, instead, they are normally controlled by a few founder members. In fact, they are designed to prevent an accumulation of power by a few members.
Usain Bolt Partners with Step App to Propel Healthier World
Usain Bolt, the 8-time Olympic gold medalist and 11-time world champion, has teamed up with Step App to take fitness and exercise a notch higher by incorporating Web3 and the metaverse.
Binance Integrates AI Chatbot ChatGPT into Its Education Platform
Binance, the cryptocurrency exchange and blockchain developer, has integrated the AI chatbot ChatGPT into its education platform, Binance Academy. The new AI-driven tool, known as Binance Sensei, sources answers from Binance Academy's education platform using machine learning to help users answer questions related to Web3. However, the integration of AI in education has sparked concerns about the potential misuse of the technology.
Fonbnk and Tanda Partner to Launch Airtime Trading Marketplace in East Africa
Fonbnk and Tanda have partnered to launch an airtime trading marketplace in East Africa, allowing micro-entrepreneurs to earn revenue and store their profits in dollarized stablecoins. The partnership increases liquidity in the marketplace through the buying and selling of prepaid airtime for profit, providing more earning opportunities and creating a growth flywheel effect through improved liquidity and marketplace efficiency.
Walt Disney Seeks Attorney to Explore Emerging Technologies in NFTS
Walt Disney Company is hiring a deal attorney to explore emerging technologies, including NFTs.
WEF Launches Coalition to Deal with Climate Change through Web3.0
The World Economic Forum (WEF) has established a Crypto Sustainability Coalition to investigate the capability of Web3 in tackling climate change.
Polkadot (DOT) Launches Alpha Program to Foster Collaborative Building
Polkadot launches the Alpha Program, a groundbreaking initiative to foster collaborative building and lower entry barriers for blockchain projects. The program provides resources, community support, and the opportunity to shape Polkadot's future.
AntChain Integrates Zero-Knowledge Proof for Enhanced Privacy and Verification in Web3.0 Era
Ant Group's AntChain has announced a new architecture upgrade for its privacy collaboration platform, AntChain FAIR, introducing Zero-Knowledge Proof (ZKP) as a core technology for verifiable computation. This extends trustworthy data transfer to the verification of computation processes, data attributes, and identities.
SBI Holdings to Launch Investment Fund for Emerging Companies like Web3, AI, and Metaverse Startups
SBI Holdings plans to invest 100 billion yen in startups focusing on Web3, AI, and metaverse, with financial institutions supporting Japan's goal to nurture its startup ecosystem and enhance its Asian startup hub position.
NEAR Protocol Expands Gaming Ecosystem with Vortex Gaming Partnership, Strengthening Web3 Integration
NEAR Protocol has expanded its gaming ecosystem by partnering with Vortex Gaming, a Web3 subsidiary of INVEN, Korea's largest game media and community. This collaboration aims to attract more users and companies to the NEAR ecosystem while strengthening the NEAR game ecosystem. INVEN, with a monthly active user count of 7.2 million, brings valuable expertise and content to the partnership.
CoinList announces Bondex (BNDX) community sale with Revised Participation Model
CoinList announces Bondex's community sale with new user-friendly updates, including a 7-day purchase window and no queues. Token listing expected on June 11, 2024.
Japan Moves to Boost VC Investments in Web3 Companies Through Cryptocurrency Acquisition Bill
Japan's government plans to amend LPS laws to allow cryptocurrencies acquisition and holding, aiming to simplify investment processes and support Web3 businesses, boosting domestic startups.
Binance Labs Announces ColLabs: A Web3 Investment Community Platform
Binance Labs has launched ColLabs, an invite-only Web3 investment community, aiming to bridge the gap between venture capitalists, startups, and investors in the Web3 space. The platform combines a blog, newsletter, and Telegram channel for exclusive content and deal-sourcing opportunities.
London-Based Fabric Ventures to Close Funding for Two New Web3 Funds
Fabric Ventures, a London-based venture capital firm, is on track to close two new Web3.0 funds that will focus exclusively on the “Open Economy.”
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.
Emerging Web3.0 Protocol Aligned Secures $34M in Venture Funding
Aligned has announced it has secured the sum of $34 million from investors as it seeks to advance the reach of the emerging Web3.0 world.
Bitget U30 Hackathon Recognizes Budding AI and Blockchain Innovators
Bitget’s Under 30 Virtual Hackathon, a part of its Blockchain4Youth initiative, concluded on October 16, 2023, showcasing exemplary AI and blockchain innovations. With over 1,000 participating teams, winners were recognized across various categories, each receiving $10,000. The hackathon highlighted promising young talents, aligning with Bitget's aim of promoting blockchain and cryptocurrency adoption among the youth.
Visa and Transak Revolutionize Crypto Withdrawals with Visa Direct Integration
Visa partners with Transak, leveraging Visa Direct for seamless cryptocurrency withdrawals and payments globally. This collaboration enables users to convert over 40 cryptocurrencies directly from wallets like MetaMask into fiat, enhancing crypto-to-fiat transactions and accelerating mainstream crypto adoption.
Shanghai, China, Launches a Comprehensive Technical Initiative for the Metaverse (2023-2025)
The Shanghai Municipal Science and Technology Commission announced today the release of its "Shanghai Metaverse Key Technology R&D Plan (2023-2025)".
Binance Labs Launches Season 7 of Incubation Program for Web3 Innovators
Binance Labs invites early-stage Web3 founders to apply for Season 7 of its Incubation Program, offering tailored mentorship and resources.
VEXT is next for Veloce in Web3 evolution
VEXT is next for Veloce in Web3 evolution, London-based company to launch VEXT utility and governance token.
Mark Cuban-Backed NFT Platform Nifty's Shuts Down After Failed Investment Opportunities
Nifty's, a notable platform focused on Web3 creators, announced the cessation of operations earlier today, marking a significant shift in the digital ownership landscape.
Google Creates Web3 Team to Take Advantage of Growing Crypto Popularity
To set the ball rolling in Web3, Google is assembling a team to create services for developers in this ecosystem through its cloud unit, according to CNBC.
Binance's New Blockchain Platform Aims to Build Web3 Infrastructure
BNB Chain stores storage metadata, while third-party storage providers store data.
HeartX Launches Web3 Marketplace and Community Aim to Revolutionize Digital Art Industry
HeartX, previously known as ArteX, a trailblazer in the digital art industry, has recently rebranded and unveiled a groundbreaking web3 marketplace and community that empowers artists, collectors, art consultants and art lovers to redefine the value of digital art. The HeartX platform provides a secure, immersive, and transparent space for creating, sharing, and trading digital artworks, catering to artists, collectors, and the web 3 community alike.
BNB Chain and MetaMask Resolve Glitch Affecting opBNB Gas Fees
BNB Chain and MetaMask have successfully addressed a glitch that led to the display of inflated gas fees for opBNB transactions. The issue was rooted in MetaMask's default algorithm, which set a minimum recommended gas price based on averages across various Layer 1 and Layer 2 networks. This has been corrected, and users can now benefit from opBNB's lower gas fees for faster and more cost-effective transactions.
FIFA Club World Cup 2023 Partners with Modex for Exclusive NFT Collection Launch
FIFA Club World Cup 2023™ combines football and digital tech with FIFA+ Collect's exclusive NFT series, partnering with Modex to enhance fan engagement and memorabilia experience.
Blockchain Game Developer Oasys Grants $20m Investment in Private Token Sale
Oasys, a Japan and Singapore-based blockchain gaming company, has secured a $20 million investment from a cryptocurrency leader in private token sales.
Solana Launches $100m Web3.0 Fund for South Korean Startups
Layer-1 blockchain protocol Solana has launched a $100 million fund to back startups in the South Korea Web3.0 ecosystem through its subsidiaries Solana Ventures and Solana Foundation.
$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.
Hub71+ Digital Assets Initiative Aims to Advance Web3-Based innovations
Hub71 will invest $2 billion in Web3 startups in Abu Dhabi.
BNB Chain Begins Innovation Incubator Program To Boost European Web3 Startups
The innovation incubator program will provide long-term support to web3 startups in Europe by offering outstanding web3 resources as well as training through reputable partners and community professionals.
HK SFC Details JPEX Probe; CEO Affirms Hong Kong's Web3 Commitment
Hong Kong's SFC has provided a detailed timeline of its investigation into the fraudulent activities of the unlicensed virtual asset trading platform JPEX. Despite the ongoing case, SFC CEO Leung Fung-yee reaffirms that Hong Kong's commitment to developing a Web3 ecosystem will not waver.
Bundle Africa Stops Exchange Services
Bundle Africa is discontinuing its exchange services to focus on Cashlink, a Web3 payment solution. Users are advised to withdraw funds by September 10, 2023. The shift reflects the growing needs of the blockchain community.
OKX to Open Office in Australia
Brand Ambassadors Daniel Ricciardo, Scotty James, and McLaren F1 driver Oscar Piastri join event at Melbourne Arts Centre to celebrate ahead of Australian Grand Prix
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.
Hong Kong Investors Launch $100M Fund for Web3 Startups
ProDigital Future, a new $100 million fund led by Hong Kong-based equity firm SAIF Partners, aims to support early-stage Web3 companies in the regional market. The fund has already raised $30 million during its half-year fundraising period and plans to raise $100 million by the end of 2023. ProDigital Future has already invested in six digital-asset projects, including GigaSpace and One Future Football. The fund intends to operate in Hong Kong, Australia, Singapore, Europe, and the United States, while adhering to the necessary licensing and regulatory requirements.
Cristiano Ronaldo to Bring his Fans into Web3.0 through Binance Partnership
Binance exchange has signed Cristiano Ronaldo, a Portuguese footballing legend who now plays for Manchester United FC in an exclusive multi-year deal.
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.
Circle Introduces Gas Station and Smart Contract Platform to Streamline Web3 Development
Circle announces new Web3 services—Gas Station and Smart Contract Platform—to simplify blockchain development and lower costs. These user-centric solutions aim to accelerate the mass adoption of blockchain technologies.
27% Female Professionals Participate in Web3-related Projects, KuCoin Study Shows
A study shows only 27% of female working professionals have participated in web3-related projects, which is still lower than their male counterparts.
Web3 Security CertiK X Account Compromised in Phishing Scam
CertiK, a blockchain security firm, suffered a cyber attack on its X account, leading to phishing scams, raising concerns about crypto security vulnerabilities and sophisticated social engineering tactics.
Protagonist Establishes $100m Crypto Fund, Supporting Blockchain & Web3 Ecosystems
Protagonist, a Miami-based crypto fund and incubation lab rolled out a $100 million fund to boost emerging blockchain and Web3 networks.
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.
OKX to Power Web3 Innovation as a Sponsor of Consensus 2023-Affiliated Hackathon 'Web3athon'
OKT Chain (OKTC), the EVM and Wasm-compatible chain backed by OKX, the world’s second-largest crypto exchange by trading volume, has announced its sponsorship of the upcoming Web3athon event taking place in conjunction with Consenus 2023.
Coinbase to Host Crypto Community Event in India to Support Entrepreneurs
As contained in a Blog post shared by Coinbase Global Inc, it will be hosting a crypto community event in Bangalore to discuss the future of crypto and web3 in the country.
HK-based Gusto Collective Raises $11m in Funding Round Led by Animoca Brands, Gaw Capital
Hong Kong-based Gusto Collective has raised $11 million in its Seed Plus funding round led by Animoca Brands and Gaw Capital.
Octopus Ventures Leads $9.5m in Seed Round for Web3 Fintech Firm Merge
Merge, a fintech startup that provides crypto and web3 companies with a range of banking and payments solutions has raised $9.5 million from venture capital firms led by Octopus Ventures.
My Neighbor Alice and ELLE: a Groundbreaking Collaboration for an Unprecedented Web3 Gaming Experience
In a landmark partnership, My Neighbor Alice (MNA) has teamed up with the iconic brand ELLE to create a unique and immersive gaming experience that showcases the best of both worlds.
Firstblock Introduces Firstblock Labs To Support The Next Generation Of Web3 Innovators
FirstBlock, a leading blockchain solutions provider, announces the launch of FirstBlock Labs, a virtual laboratory designed to support and help Web3 startups thrive in the rapidly growing blockchain industry.
Binance Announces Upgrade to Proof-of-Reserves Verification
Binance's zk-SNARKs update improves proof-of-reserves verification security and transparency.
Japan's Web3 Project Team Releases White Paper to Boost Crypto Industry
Japan's Web3 Project Team, a part of the country's ruling Liberal Democratic Party, has released a white paper with recommendations for expanding the country's cryptocurrency industry. The paper suggests modifications to tax regulations, establishing accounting standards, and creating a DAO law, among other proposals.
Bitget creates an AI-powered crypto trading tool
Bitget, an influential entity in the fields of crypto derivatives and copy trading, has introduced a novel tool called the Martingale AI trading bot. This AI-powered innovation is engineered to help its users trade cryptocurrencies with higher efficiency.
MLB is Looking to Hire an Expert to Expand its Metaverse Presence
The Major League Baseball is looking to fill a metaverse role to boost its engagement in the space
BORA to Establish Cross Chain with Polygon in expanding Web 3.0 Market: KBW 2022
South Korean-based and blockchain-based content platform operator BORANETWORK (BORA) announced Wednesday to establish a cross-chain with Polygon to expand the global ecosystem and user liquidity contact points.
Dubai Regulator Grants Virtual Asset License to Former Singapore Legislator's Company
The VARA license allows Calvin Cheng- a former Singaporean member of Parliament, for his Web3 company to operate within Dubai’s crypto market.
Japan's Akatsuki Raises $20m Fund for Investing in Web3 Projects
Japan's Akatsuki announced that it has raised a $20 million fund for investing in web3 projects, according to The Block.
Heterosis Launches Dynamic NFT Flower Collection
Snark.art and OG.Art's Heterosis project has launched a collection of dynamic NFT flowers that can be bred and customized by users. The project creates two virtual flower markets and is housed in a metaverse greenhouse that can be accessed via various devices.
C98 News: Coin98 Ventures Rebrands to Arche Fund for Web3 Focus
Coin98 Ventures rebrands as Arche Fund, supporting Web3 projects and businesses through three pillars: Arche Ventures, Kompass, and Arche Capital, promoting adoption and ecosystem stability.
Binance CEO Changpeng Zhao to Speak at the 2023 Hong Kong Web3 Festival
Binance Founder and CEO Mr. Changpeng Zhao (CZ) confirms his attendance at the Hong Kong Web3 Festival 2023. Mr. Zhao will be the closing speaker on the Opening Day of the conference, 12 April 2023, and will deliver his speech virtually
BNB Chain Introduces Web3 Verification Tool
BNB Chain has launched a verification tool to help users identify genuine affiliations and potential threats in the Web3 space. The tool aims to prevent fake bridges, deceptive websites, and imposter social media profiles, ensuring user safety.
Coinbase CEO Criticizes Singapore's Aim to Become a Web3 Hub at Expense of Crypto Trading
Armstrong seems to say that Singapore can’t become a Web3 hub while doing away with cryptocurrency.
Mastercard Launches NFT-Gated Artist Accelerator Program
Mastercard announced a new artist accelerator program, which is NFT-gated and only accessible to holders of its Mastercard Music Pass NFT. The program is a collaboration with Polygon and offers free access to educational materials, unique AI tools, and other experiences.
Stars Arena Tightens Security Following $3M Exploit
Stars Arena, an Avalanche-based Web3 social media app, is reinforcing its security measures following a $3 million exploit on October 6, 2023. The steps include the transfer of funds to a secure multisig wallet, a comprehensive security audit, and the engagement of a white hat team for rapid security review. Users have been urged not to deposit any new funds until the security overhaul is completed.
"Web3.0 is Much, Much Better for Creators Than Web2", a16z Suggests
Renowned Venture Capital (VC) firm, Andreessen Horowitz (a16z) has shared data that shows creators have a lot of benefits when they pitch their tents with Web3.0 rather than Web2.0.
The Graph Onboards The Guild as Subgraph Developer with $48M Grant
The Graph Foundation has awarded a $48 million grant to The Guild to help develop subgraph solutions to build the We3.0 ecosystem.
Global Web3 Projects Assemble! Hong Kong Web3 Festival 2023 Releases Sponsor List
Co-hosted by Wanxiang Blockchain Labs and HashKey Group, and organised by W3ME, the Hong Kong Web3 Festival 2023 will take place from April 12 to 15.
Multinational Corporations Continue to File Trademarks in Web3, NFTs, and Metaverse
Multinational corporations, including General Motors, Lacoste, and Walmart, have continued to file trademark applications in Web3, NFTs, and the metaverse, despite the broader market downturn. In February alone, General Motors filed for two new trademark applications covering Chevrolet and Cadillac brands, while Lacoste filed five trademark applications for "CHAMPS-ELYSEES." Walmart also filed trademark applications for the "SamsClub" name and logo. Even amid the bear market, record numbers of trademark applications have been filed for NFTs, metaverse, and crypto-related products in 2022.
Abu Dhabi Women Set to Receive Free Crypto Domains to Expand Their Web3 Knowledge
To give women residing in Abu Dhabi the opportunity to expand their knowledge base and ultimately explore the Web3 world, Abu Dhabi Investment Office (ADIO) and Access Abu Dhabi have teamed up with NFT domain name provider Unstoppable Domains
CITD to Issue HK$100 Million Bonds Utilizing Blockchain
China Information Technology Development Limited (CITD) (HKEX: 8178), a leading technology company specializing in AI and cloud technologies, has announced its plan to issue HK$100 million worth of Bonds using distributed ledger technology (DLT). The proposed issuance aims to revolutionize the bond market by leveraging blockchain and smart contract technologies.
AC Milan Collaborates with MonkeyLeague to Debut e-Soccer Game
Italian soccer champion AC Milan becomes the first soccer club to partner with Web3-based NFT soccer gaming platform MonkeyLeague
Immutable launches its $500M Fund to Boost Web3.0 Gaming Adoption
Blockchain infrastructure platform Immutable has launched a new $500 million fund with which it plans to take care of emerging gaming protocols and Non-Fungible Token (NFT) startups in the Web3.0 ecosystem
a16z Announces $4.5bn Fund for Crypto and Web3.0 Startups
California-based venture capital firm Andreessen Horowitz (a16z) has launched its fourth crypto fund, the Crypto Fund IV, as it prepares to invest fully into blockchain and Web3.0 startups.
Digital Asset Protection Firm Coincover Secures $30 Million in Funding Round
Foundation Capital and CMT Digital invest $30 million in Coincover to safeguard digital assets.
Google Partners With Dapper Labs to Aid the Growth of Web3.0
Google has inked a multi-year partnership with Dapper Labs to help scale the development of Web3.0.
Report: OKX Ventures Boosts Ecosystem with Investments in Aark Digital, dappOS, and 0xScope
OKX Ventures reveals its September investments in Aark Digital, dappOS, and 0xScope, aimed at bolstering the crypto ecosystem covering Layer2 Derivatives, operating protocol, and knowledge graph protocol. These strategic investments are reflective of OKX Ventures’ continuous endeavor to fuel innovation amidst a rapidly evolving crypto landscape.
Solana (SOL) Mobile's "Chapter 2" Phone: A New Era in Web3 Mobile Technology
Solana Mobile's new web3 phone "Chapter 2" achieves unprecedented demand, selling out its first-year sales target within a single day. Priced at $450 and set for 2025 release, this device aims to make web3 tech more accessible.
Covalent Rolls Out Educational Program to Bridge Skills Gap in Web3
Covalent, a Web3 data provider that is backed by Binance Labs and Coinbase Ventures, launched an educational program aimed at bridging the data analytics skills gap for workers in Web3.
Mask Network (MASK) Bonfire Union Achieves $100 Million Milestone
Mask Network launches $100 million fund under Bonfire Union, supporting decentralized social networks and infrastructure, driving Web3 innovation, and contributing to Mastodon and Web3 education through $10 million builder initiative.
Web3 Security 2023 State Revealed, Nearly $2 Billion Lost
CertiK's "Hack3d: The Web3 Security Report 2023" provides a thorough analysis of Web3 security incidents in 2023, highlighting key vulnerabilities and trends in the blockchain and smart contract security landscape.
Japanese Mobile Operator Partners with Accenture to Boost ESG Using Web3
NTT DOCOMO, the leading mobile operator in Japan, has collaborated with Accenture to propel the application and adoption of Web3 when tackling social issues.
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests
Binance has introduced Binance Megadrop, a token launch platform that combines airdrops and Web3 quests. Users can subscribe to BNB Locked Products and complete tasks in their Web3 Wallet to gain early rewards from selected Web3 projects, including BounceBit (BB), a BTC restaking chain.
Opera Browser Launches AI Prompt Feature
Opera One, the latest version of the Opera browser, now includes an AI integration known as AI Prompt, providing contextual prompts for web pages and highlighted text. The new version also includes access to other AI tools like ChatGPT and ChatSonic. The generative AI feature will enable shortened texts for accessible reads, explanations of complex ideas, and content creation. The updated browser is a Web3, "future proof" platform.
Kadena Protocol Launches $100m for Web3 Grants Initiative
Kadena Protocol, a scalable Layer-1 blockchain network has announced the launch of a $100 million Web3.0 grant to empower the growth of innovative startups looking to build on the network.
Web3 Foundation Announces Over $1.1M in Grants Under Wave 19 Program
The Web3 Foundation disclosed the conclusion of its 19th grant wave, allocating over $1.1 million to 33 projects to bolster the Polkadot ecosystem. The foundation marked its 600th grant and 1000th milestone, reflecting the growth and the fervor of the Polkadot developer community, now the second largest globally. This wave spotlighted grants enhancing smart contract capabilities on Polkadot’s ink! smart contracts, and core infrastructure improvements. The foundation continues to welcome new proposals, underlining its ongoing commitment to support the evolving Web 3.0 ecosystem.
Venom Ventures Fund Commits a $5 Million Strategic Investment in the Everscale Blockchain
Venom Ventures Fund, a Web3 and blockchain innovation fund managed by Abu Dhabi-based investment fund manager Iceberg Capital Limited, has announced a strategic partnership with Everscale, a premier blockchain that aims to solve the scalability issues bogging down the Web3 industry.
Hong Kong's Financial Secretary Propels Web3 Expansion
Hong Kong's Financial Secretary, Paul, has highlighted the growing significance of digital entertainment as an economic sector. The government has allocated HKD 50 million to support a thriving Web3 ecosystem, with over 180 companies involved.
Esports, Web3 Firm Ampverse Expands into the Philippines
With the expansion, Ampverse plans to invest more than 100 million pesos in the Philippines' local gaming and esports ecosystem.
Coinbase Uses Multi-Party Computation to Enhance Crypto Wallet Security and User Experience
Coinbase is making strides towards simplifying the onboarding process for web3, bolstering both security and recovery for crypto wallets. The company is deploying a cryptographic technique called Multi-Party Computation (MPC) to eliminate key management hurdles that have long been a barrier to mainstream web3 adoption.
Nansen CEO Predicts Six Key Trends in Crypto
Nansen.ai CEO, Alex Svanevik, outlined six pivotal crypto trends on Twitter, emphasizing the synergy of fintech and crypto, DeFi's potential in gambling, the growing relevance of real-world assets like T-bills, the impending rise of Web3 gaming, SocialFi's development, and Physical NFTs' retail integration. The thread also welcomed community input, reflecting on other emerging trends like blockchain in fantasy sports.
Circle Partners With Grab for Web3 Pilot in Singapore
Circle Internet Financial and Grab are partnering to pilot Web3 customer experiences in Singapore. The 'Grab Web3 Wallet' will integrate Circle's Web 3 Services platform into the Grab app, offering users a seamless experience with blockchain-enabled wallets. This pilot aligns with Singapore's Project Orchid initiative, aiming to explore the potential of digital currencies and blockchain technology in real-world applications. Circle's Web3 Services represent a bridge between Web 2.0 and Web3.
Web3.0 Game Developer Xterio Secures $40M Fund from FunPlus
Xterio, a Web3.0 game developer has pulled the sum of $40 million in a new funding round that has earned the Swiss-based startup a valuation of $300 million
STEPN Commits to Donate $100,000 Monthly towards Carbon Removal
Move-to-earn Web3 running application STEPN has made a commitment to donate $100,000 monthly towards carbon removal as part of its Earth Day goals.
Google's Parent Company May Utilize Blockchain to Revamp its Existing Products
Alphabet Inc, the parent company of search engine giant Google, is not ready to play the second fiddle when it comes to blockchain technology, marked by the company’s in-depth research into the emerging tech.
OKX and Manchester City’s Rúben Dias Debut ‘Train Like Dias’ Global Metaverse Training Experience
OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today debuted ‘Train Like Dias’ its first ‘OKX Collective’ immersive metaverse fan experience featuring OKX ambassador and Manchester City player Rúben Dias.
Mastercard Launches Web3 Musician Accelerator With Polygon
Mastercard launched a Polygon-based accelerator program for Web3 artists. Five international performers will be mentored by the business to establish their Web3 music brands. For those not chosen for the program, Mastercard is offering the Mastercard Music Pass NFT collection.
Arbitrum DAO Explores Grants to Boost Web3 Gaming Development
Arbitrum DAO is discussing grants to support Web3 gaming, with phases of development receiving $100,000 to over $1.5 million. This effort aims to capitalize on the growing $272 billion gaming industry, enhance Arbitrum's gaming ecosystem, and position it competitively in the Web3 space.
Former Coinbase Executive Joins Magic Eden as Head of Product
Former Coinbase executive, Linus Chung, joins Magic Eden as Head of Product. Chung will lead product development, enhance user experience, and drive growth.
Abu Dhabi-based Venom Foundation creates $1B Web3 and blockchain fund.
Abroad. Venom Foundation and Iceberg Capital announced a $1 billion agreement to finance Web3 and blockchain companies. Venom Ventures Fund will invest in payments, asset management, DeFi, and GameFi protocols and Web3 DApps. The investment fund will target entrepreneurs and IT companies to employ Venom's scalable, proof-of-stake blockchain system.
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.
Sber Bank's blockchain technology uses Metamask
Russia's biggest lender integrates its blockchain technology with Ethereum to enter DeFi and Web3. The connection lets users utilize Sber's tokens and smart contracts. Sberbank is developing blockchain goods. It requested a blockchain platform for its "Sbercoin" stablecoin from the Bank of Russia in 2021.
Web3.0 Game Startup Wildcard Alliance Pulls $46M in Series A Funding
Wildcard Alliance, a new Web3.0 gaming startup has raised $46 million in a Series A funding round led by Paradigm Capital.
Binance Web3 Wallet Enhances Crypto Accessibility with Solana (SOL) Integration
Binance's Web3 Wallet now supports Solana, allowing users to manage tokens and access dApps directly, boosting the interoperability and utility of its platform.
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.
Saudi's $250M Tech Innovation Boost with Hashgraph (HBAR)
The Hashgraph Association and Saudi Arabia's Ministry of Investment have launched a $250M DeepTech Venture Studio in Riyadh, supporting over 500 companies in developing advanced AI, blockchain, and VR solutions.
Web3 Revolutionizes Startup and Investor Landscape
Professionals at Paris Blockchain Week 2023 discuss how Web3 disrupts traditional business models and offers new opportunities for startups and investors. Different cultures in Web3 and Web2 startups were analyzed, with emphasis on the role of investors in Web3 and the challenges faced by startups.
NFT Royalties Fall Short in Web3 Ecosystem
Loss of creator royalties in the NFT space could be higher than estimated, with Bored Ape Yacht Club and Mutant Ape Yacht Club experiencing shortcomings of around $20 million. This points to previous estimates of $35 million likely being too small. Despite efforts to enforce creator royalties, Boris Pevzner, co-founder and CEO of LiveArt, says the current system is not working as it should, potentially causing artists to lose interest in the industry.
Web3 Hackathon on Astar sponsored by Toyota Motor Corporation
Toyota Motor Corporation, Japan’s largest conglomerate with over 330,000 employees worldwide, is sponsoring its first ever global Web3 hackathon. It has chosen Astar Network, the smart contract platform for multichain, to make Web3 use cases for Toyota’s employees.
Binance Raises $500m Crypto Fund to Enhance Blockchain & Web3 Adoption
Binance has raised $500 million funds to invest in projects that propel crypto use cases and aid the adoption of blockchain and Web3 technologies.
OKX Ventures Fuels Moonbox's AI and Web3 Ambitions with $1M Investment
OKX Ventures invests $1M in AI and Web3 startup Moonbox, aiming to boost development of AI-powered NFTs. The funding will accelerate product growth and promote the integration of AI and Web3.
Pakistan Eyes Educating 1 Million Youths on Crypto and Web3
To expand the knowledge base of 1 million youths on blockchain-based technologies, crypto and web3, the Pakistan administration has partnered with Fasset and JazzCash through the Prime Minister’s Youth Program (PMYP).
Uniswap Labs Unveils New Venture Capital Unit Focused on Web3 Projects
Uniswap Labs Ventures seeks to become a catalyst for the new web3 economy by supporting innovative and disruptive firms that are creating new financial applications and concepts.
Ethics of Web3 Discussed at Paris Blockchain Week
The second day of Paris Blockchain Week 2023 featured a panel discussion on the Ethics of Web3. The panelists agreed that ethical frameworks often lag behind technology and that innovation comes before any ethical standards are implemented. They highlighted the upcoming Markets in Crypto-Assets framework in the European Union as an example of turning ethics into law to protect people and innovation.
Binance Labs Funds Delphinus Lab's zkWASM VM for Web3 Evolution
Binance Labs invests in Delphinus Lab's pioneering zkWASM VM, aiming to boost the Web3 app landscape with enhanced privacy and efficiency.
HashKey Group Secures $100 Million in Series A Funding
HashKey Group raised $100 million in a Series A financing round, reaching a pre-money valuation of $1.2 billion. The Hong Kong-based company plans to use the funds to enhance its Web3 ecosystem and expand its Hong Kong business.
Siemens Issues World's First Blockchain Bond
Siemens claims that "releasing the bond on a blockchain provides a variety of advantages compared to prior approaches," including removing banks as middlemen.
Mastercard Launches Web3 Solution for Crypto Verification
Mastercard has launched a new Web3 solution called "Mastercard Crypto Credential" aimed at enhancing user verification standards in the digital asset space. The solution is designed to provide a unique identifier to users, enabling them to instantly verify that an address they want to send funds to has been vetted by Mastercard and has been operating in compliance with the firm's standards. The solution will support compliance through the exchange of metadata and help reduce the opportunities for bad actors.
QuickNode Closes $60 Million Funding Round
QuickNode raised $60 million. Series B was the company's biggest round since October 2021. Quick Node hosts 16 blockchains, including Ethereum, Matic, Optimism, Arbitrum, and Solana.
PGA Tour Partners With Autograph to Create Digital Collectibles Platform
PGA Tour has partnered with Autograph, an NFT platform co-founded by the legendary quarterback Tom Brady to create a new digital collectables platform, focusing on the Golf World.
Azuki's Twitter Account Hacked, Over $750,000 Stolen
Azuki, a popular nonfungible token project, had its Twitter account hacked, stealing almost $750K in USDC in 30 minutes.
Hong Kong to Host One of Asia's Largest NFT Exhibitions in June
One of the largest non-fungible tokens (NFTs) exhibitions in Asia titled "ARTAVERSE" will be hosted in Hong Kong starting on June 3.
Polygon Launches Web3 .polygon Domains with Unstoppable Domains
Polygon and Unstoppable Domains have partnered to offer the ability to create Web3 .polygon domain names, enabling users to log into Web3 applications, use human-readable wallet addresses, and create decentralized websites. The service will be available to an estimated 180 million users and 40,000 services across the Polygon blockchain ecosystem. Unstoppable Domains makes use of Polygon to mint decentralized domains with zero gas fees. Users will be able to use .polygon domains to create digital identities that are compatible across 750 applications, games and metaverse platforms, as well as to login to web apps, act as cryptocurrency wallet addresses, and create decentralized websites.
SPACE ID and Polyhedra Unite for .zk Domain and ZK Interoperability
SPACE ID collaborates with Polyhedra Network, launching .zk domains and enhancing Web3 interoperability with ZK proofs and a community airdrop.
Revolut Launches Learn & Earn Program in Partnership with Polkadot
Revolut, a London-based financial technology company that offers banking services, has announced the launch of its flagship ‘Learn & Earn’ education courses.
PureFi Introduces SafeTransact to Enhance Web3 Security
PureFi has launched SafeTransact, a new security method that examines blockchain transactions and notifies users of any suspicious activities. The system is designed to integrate with AMLSafe, a multi-crypto wallet from the same ecosystem. SafeTransact aims to improve the security of Web3 transactions and address the potential hacking threats to blockchain networks.
HashKey Exchange and Animoca Brands Unite to Boost Web3 in Asia
HashKey Exchange partners with Animoca Brands to foster Web3 and digital entertainment in Asia, leveraging their strengths in virtual assets and blockchain gaming.
Unstoppable Domains Partners With Multiple Firms to Support Women of Web3.0
Unstoppable Domains has launched Women of Web3.0, an initiative that seeks to recognize and empower women and other marginalized groups in the growing world of Web3.0.
Web3 Security Infrastructure GoPlus Security Reaches Strategic Deal with Dtools
Web3 security startup GoPlus Security has partnered with Web3 ALL-IN-ONE tool Dtools to provide comprehensive security data support for its newly launched token security detection function.
Axie Infinity's 2023 Journey: Surpassing Challenges and Achieving Web3 Dominance
Axie Infinity experienced significant growth in 2023, enhancing user engagement and financial performance with key developments like Axie Core and Axie Evolution, leading in NFTs and blockchain gaming.
OKX Survey: 83% of Community Expects More ETH Staking Around Shanghai-Capella Upgrade, 63% See New Record High by End of 2023
OKX, the world’s second-largest crypto exchange by trading volume and a leading Web3 technology company, today released the findings of a survey on the perceived market impact of the two-part Shanghai-Capella (a.k.a. Shapella) upgrade, which is slated for April 12 and will enable withdrawals of staked ether (ETH).
CoinFund Secures $158M for Seed IV Fund, Surpassing Initial Goal
According to Blockchain.News, CoinFund has successfully raised $158 million for its Seed IV Fund, exceeding its initial target of $125 million. This achievement underscores the firm's commitment to fostering innovation in the web3 ecosystem.
Humanity Protocol Receives Major VC Funding for Web3 Digital Identity Solution
Humanity Protocol has secured strategic investment from top VCs, advancing its mission to create a sybil-resistant digital identity layer for Web3.
Blockchain Gaming N3TWORK Studios Secures $46M in Series A Funding
Blockchain gaming startup N3TWORK Studios has secured $46 million in Series A funding led by venture capital firm Griffin Gaming Partners.
US' 2022 Web3 Trademark Filings 3 Times Over 2021's Total So Far
In 2021, a total of 2,142 NFT-related trademarks were filed, but by the end of September 2022, there were at least over 6,000 such trademarks submitted, data shows.
Circle Launches Circle Research with Perimeter Protocol
Circle launches 'Circle Research' to further technical innovation in crypto, blockchain, and Web3 through open-source research. The initiative's first contribution, Perimeter Protocol, sets a new standard for building on-chain credit markets. Circle releases the Perimeter white paper and public GitHub Repo to advance open protocol transacting with a focus on credit, catering to a wide range of credit scenarios.
Hong Kong Embraces Web3.0 and Advances as an International Crypto Hub, said Chief Executive
Li Ka-chung emphasized Hong Kong's potential in leveraging its strengths as an international financial center and driving the development of cutting-edge technologies, particularly in the realm of Web3.0.
STEPN Integrates Apple Music into Web3 App
Apple and STEPN have collaborated to integrate Apple Music into the STEPN app, marking a second milestone following the Apple Pay integration. This move signifies the growing acceptance of Web3 apps and a step towards bridging the Web2 and Web3 divide, enhancing user experience, and signaling future collaborations between traditional and decentralized tech platforms.
Mitsui Forms Strategic Partnership with Web3 Influencer Animoca Brands
Mitsui & Co., Ltd., a renowned Japanese trading company, has joined forces with Animoca Brands, a leading player in the Web3 industry.
Crypto Executives Launch Investment Firm Tangent to Help Web3 Startups Growth
The launch of Tangent comes amid financial market turbulence that has triggered venture capital funds to slow down investment in the tech sector.
Valkyrie Establishes $30m Venture Fund, Investing in Crypto & Web3 Projects
Valkyrie has announced the launch of its $30 million venture capital fund focused on backing potential startups that are advancing global blockchain and web3 adoption.
Nissan Expands Web3 Efforts with Trademarks and Metaverse Auto Sales
Nissan has filed four new Web3-related trademarks in the US and is experimenting with auto sales in the metaverse in Japan. The trademarks cover its Infiniti, Nismo, and Nissan brands and include plans for virtual goods and a nonfungible token (NFT) marketplace. Nissan Japan is conducting a three-month "demonstration experiment" of its virtual store "Nissan Hype Lab," allowing customers to "study, consult, test drive and purchase Nissan vehicles" while in the metaverse. The company's moves are in line with other car manufacturers, including General Motors and Ford, who have also been actively filing trademark applications for Web3, crypto, NFTs, and the metaverse.
SoftBank-Backed Web3.0 Startup MarqVision Pulls $20M in Series A Funding
MarqVision, a startup known for its Artificial Intelligence (AI) powered platform,has announced it has raised the sum of $20 million in a Series A funding round
PwC Report: Asian Institutional Investors Opt for Third-Party Custody Solutions for Digital Assets
A joint report by Aspen Digital and PwC titled "State of Digital Asset Custody - Understanding and implementing digital asset custody for institutional investors" reveals a rising demand for institutional-grade digital asset custody solutions among family offices, high-net-worth individuals (HNWIs), and external asset managers (EAMs) in Asia.
Revolutionizing the NFTs- Telept City Launches Cutting-Edge AIGC NFT Platform for Web3
Telept Inc., a Web 3.0 startup, has announced today the launch of a ground-breaking first-mover Web PC platform Telept City, which empowers participants to create one-of-a-kind AI generated Non-Fungible Token (NFT) called X-Native. With its cutting-edge AI Generated Content (AIGC) image generation model that has undergone rigorous fine-tuning utilizing a vast database of images, and coupled with an intuitive game-like user interface, provides a novel and accessible AI Web 3.0 experience for participants of all levels.
Decima Fund Secures 4.5 Billion Yen to Bolster Web3 Ventures in Japan
Decima Fund, a specialized Web3 venture fund, announces the successful closure of approximately 4.5 billion Yen in capital to support the global expansion of Japanese Web3 ventures.
Digital Asset Firm Hashdex to Launch Web3 ETF on the Brazilian Stock Exchange
The Web 3 ETF (WEB311) will track Web 3 firms that are expected to benefit from technology infrastructure.
The Metaverse: The Future of Social Life?
In December 2022, CoinWire polled 10,000 crypto investors. 69% of respondents expected the metaverse to change social lifestyle with a new entertainment model, and 65% expected it to affect social activities.
Cointelegraph has launched an Accelerator program for innovative Web3 startups
The program aims to help Web3’s rising stars boost their media presence, community growth and brand awareness in exchange for project tokens.
Binance Charity Donates $100,000 in Georgia to Empower Women through Web3 Education
In celebration of International Women's Day, Binance Charity, the philanthropic arm of Binance, the world’s leading cryptocurrency and blockchain infrastructure provider, has announced a $100,000 donation to Georgia's Innovation & Technology Agency (GITA) to support web3 education and training. As a result of the partnership, more than 100 women will be able to study professional courses in Web3 and get support to move into the job market.
ChromaWay and COMUNITYmade to Reinvent Near Shore Fashion Supply Chains with Web3 Technology
Stockholm headquartered blockchain technology company ChromaWay announced today that it had signed a Memorandum of Understanding (MOU) to partner with COMUNITYmade to co-design and develop supply chain solutions that leverage decentralized Web3 technologies to strengthen product-provenance and transparency, empower designers, and bring high-quality fashion to market faster.
Alibaba's Largest E-commerce Platform Taobao Firstly Presents NFT Artworks in Festival Week
China's largest e-commerce website, Taobao, a subsidiary of Alibaba Group, exhibited artworks in the form of NFT for the first time in the recent Shanghai Taobao Maker Festival.
Coin98 Debuts Decentralized App Store on NEAR's Blockchain Operating System
Coin98 has launched a decentralized app store on NEAR's Blockchain Operating System, providing seamless access to top L2 and DeFi protocols for over 7 million users.
CoinFund Launches $300m Web3 Fund to Invest in Early Stage Startups
CoinFund is cryptonative investment company. The firm has established a $300 million crypto fund that targets web3 startups.
HashKey Group Announces HashKey Chain
HashKey Group is set to expand its Web3 Ecosystem with the launch of HashKey Chain, a ZK-proof based Ethereum Layer-2 platform, leveraging its token HSK for ecosystem incentives.
OKX Wallet is First in Web3 to Utilize Leading-Edge MPC Technology Together With Support of 37 Blockchains
OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today upgraded its OKX Wallet to become the first Web3 wallet to utilize leading-edge multi-party computation (MPC) technology in combination with its support of an industry-best 37 blockchains.
Binance Announces $90K DODO Token Airdrop for Web3 Wallet Users
Binance launches a new airdrop campaign offering $90,000 in DODO tokens to users of its Web3 Wallet, incentivizing adoption and trading on its platform.
Coinbase Secures Major Payment Institution License from Singapore's Monetary Authority
Coinbase has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), marking a significant milestone in its expansion into the Asian market. The license will enable Coinbase to offer digital payment token services to both individual and institutional clients in Singapore. This move aligns with the company's strategy to tap into Singapore's growing crypto and Web3 ecosystem.
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.
Blockfence and Forta Network Collaborate to Enhance Web3 Users’ Security
Blockfence, a security aggregation provider, has teamed up with Forta Network, a decentralized monitoring network specializing in Web3 threat detection and prevention. This collaboration aims to improve the security of Web3 users by identifying suspicious Ethereum smart contracts using Forta's monitoring platform. As a result, Blockfence users will be better protected from potential losses caused by wallet drainers, phishing, and other scams.
Utopia Labs Raises $23m in Series A Led by Paradigm Capital
Utopia Labs, a Decentralized Autonomous Organization (DAO) management startup has announced it has raised $23 million in a Series A funding round led by Paradigm Capital.
Dubai Seeks to Become Hub of Metaverse
Dubai has set the ball rolling to improve people’s lives and render creative solutions by positioning itself as the global capital of Web3 through its new blockchain and metaverse technology.
HK Legislative Council Member Advocates for Integrating Senior Economy with Web3
Johnny Ng discussed the senior economy's integration with the internet and Web3's potential to boost content creator earnings at the 2023 World Internet Conference, highlighting Hong Kong's growing interest.
Binance Web3 Wallet Enhances Functionality with Blast Network Integration
Binance's Web3 Wallet now supports the Blast Network, offering users an Ethereum Layer 2 scaling solution with built-in yield opportunities for ETH and stablecoins.
PlayDapp's $31 Million Hack: A Blow to Blockchain Gaming Security
PlayDapp, a prominent NFT marketplace, experienced a security breach, resulting in the unauthorized minting of $200 million PLA tokens, worth $31 million.
KuCoin Rolls Out Decentralized Crypto Wallet to Aid Web3.0 Exploration
The Seychelles-based crypto exchange KuCoin has rolled out a decentralized product dubbed KuCoin Wallet, supporting multiple tokens trading and multi-chain aggregation.
Polygon and Google Cloud Partner for Ethereum Scaling Tools
Polygon Labs and Google Cloud have partnered to enhance the development of Ethereum scaling protocol's infrastructure and tools. Google Cloud's framework and developer tools will benefit Polygon's core protocols and simplify developer integration to build, launch and grow Web3 products and decentralized applications (DApps) on Polygon. The partnership is expected to advance Polygon's zero-knowledge development, resulting in faster and cheaper transactions. Polygon will use Google Cloud's Blockchain Node Engine to remove the need for Polygon developers to configure and run Polygon PoS nodes.
Beijing Releases Web 3.0 Innovation and Development White Paper (2023) at Zhongguancun Forum
On May 27, 2023, the Beijing Municipal Science and Technology Commission and the Zhongguancun Science and Technology Park Management Committee unveiled the "Beijing Web 3.0 Innovation and Development White Paper (2023)" at the parallel forum of the Zhongguancun Forum titled "Web 3.0: Future Development of the Internet Industry."
BIGG to Acquire Web3 Company TerraZero in $20M Deal
BIGG Digital Assets plans to acquire TerraZero Technologies Inc. for $20 million, a metaverse company with a 161% growth in Q1 2023. TerraZero will create a subsidiary for BIGG, with TerraZero's CEO serving a 12-month term.
Metaverse Will Bring About the "Construction of New Economies" - Animoca CEO
Animoca Brands CEO, Yat Siu sees the GameFi ecosystem as a major avenue to welcome people into the new economy the metaverse is creating
Breaking: Ripple XRP Acquires Web3 Financial Institution Fortress Trust
Ripple has acquired Fortress Trust, a subsidiary of Fortress Blockchain Technologies, which offers Web3 financial, regulatory, and technological solutions for blockchain pioneers. The acquisition strengthens Ripple's business and product trajectory, following its $250M purchase of Metaco in 2023. The merger extends Ripple's regulatory credentials, including a Nevada Trust license and 30+ Money Transmitter Licenses across the US and Singapore.
Xternity migrates Solana multiplayer Web3 game for Polygon
Polygon and Xternity migrated Synergy Land, a multiplayer Web3 game from Solana, to Polygon. Solana-compatible wallets are linked, burned, then recreated on Polygon. Polygon's update reduces gas charge spikes and fixes chain rearrangement.
Islamic Coin Launches Community Rewards on Haqq Network
Islamic Coin announces a Community Rewards program to appreciate and engage its community. The #ISLM Rewards, launched on October 11, 2023, comprises three waves targeting different engagement levels and community segments. The initiative aims at fostering a Shariah-compliant Web3 financial ecosystem, with the first distribution of rewards commencing on October 11, 2023. The program, however, excludes Dubai residents from participating.
Blockchain Labs and HashKey Capital Launch Future3 Campus, a Web3.0 Innovation Incubator
Blockchain Labs and HashKey Capital have announced a joint initiative to establish Future3 Campus, a Web3.0 innovation incubator aimed at promoting the global Web3.0 ecosystem.
Venom Blockchain Partners with DAO Maker to Incubate Web3 Startups Focused on Real-world Use Cases
Venom Foundation, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM), has announced a partnership with DAO Maker, a leading blockchain growth solutions provider known for their Launchpad, to incubate promising Web3 startups focused on delivering real-world use cases.
Enhancing Metaverse Integration: My Neighbor Alice joins the Board of Directors of OMA3
My Neighbor Alice, the fully-decentralized open-world game, is proud to announce that its Chief Product Officer (CPO) has joined the board of directors of OMA3 (“Open Metaverse Alliance for Web3”).
Investors Interested in Digital Assets Despite Volatile Market
Bitcoin attracted $69 million in inflows, 90% of the week's total, according to CoinShares.
Ninety Eight Launches $25M Ecosystem Fund to Boost Web3 Startups in Asia
Ninety Eight, transitioning from Coin98 Finance, has launched a $25M Ecosystem Fund to support Web3 startups in Asia, leveraging the Viction blockchain and $C98 token.
UAE and OKX Unveil Framework for Metaverse Self-Governance
The UAE AI Office, in collaboration with Web3 tech firm OKX, has released a whitepaper on a "Responsible Metaverse Self-Governance Framework" to address the growing influence of the metaverse and the need for standardized operational guidelines. The report stresses international cooperation for establishing self-regulatory principles ensuring transparent, safe, and ethical metaverse operations.
Seize control of your data with Akord
Akord is a web3 platform that combines cloud and blockchain storage, offering private, public, and public vaults with end-to-end encryption, enabling diverse use cases and perpetual access.
Solana Foundation Forms Strategic Alliance with DMCC Crypto Centre in Dubai
The strategic partnership between Solana Foundation and DMCC Crypto Centre marks a significant milestone towards fostering a thriving Web3 ecosystem in Dubai. By offering technical and business development support, alongside educational initiatives, this alliance is poised to drive innovation and business scalability, further elevating Dubai's standing as a global hub for blockchain and Web3 technologies.
Crypto Assets Conference 2023 (CAC23A) | March 29 to March 30, 2023 | Frankfurt School of Finance & Management
As crypto jargon makes its way into everyday business, Bitcoin and Ethereum disrupt the traditional understanding of currencies and the use of DeFi in traditional banking is increasingly inevitable - the world of digital assets evolves and matures in unprecedented style. With Web3 having the ability to revolutionize how society interacts and tokenization transforming the concept of ownership, blockchain technology has more use cases than ever before. Increasingly, established industries adapt to these use cases and a future without digital assets becomes unthinkable.
dYdX Transitions to Public Benefit Corporation
dYdX Trading Inc. has updated its charter to become a Public Benefit Corporation on 17 October 2023, as announced by its founder, Antonio. This move aims at aligning the company more closely with the web3 community, promoting global economic and technological advancement through open-source and decentralized crypto asset exchanges. This transition, a first of its kind in the DeFi sector, enables dYdX to balance shareholder value with public benefit.
Mastercard Amplifies Artist Exposure with Season 2 of Accelerator and Live Tour
Mastercard's Artist Accelerator enters its second season, collaborating with OnesToWatch to empower emerging artists with live tours and Web3 tech mentorship.
Bakkt to Shift Focus to B2B Technology Solutions
Bakkt said it would continue to provide crypto and loyalty experiences via SaaS and API solutions on a secure platform.
ShareRing Integrates New Website with Blockchain-Based Digital Identities
To tackle the challenge of the loss of autonomy on personal data experienced in Web2, ShareRing has launched a new website with blockchain-powered digital identities that will usher in the Web3 era.
Bitget Wallet Surpasses 20M Users, Solidifying Position in Global Web3 Arena
Bitget Wallet achieves a landmark 20 million users, becoming the fourth-largest Web3 wallet globally, with its unique offerings and strategic innovations.
Launch House Announces $10M Fund for Web3.0 Startups
Launch House, a private community focused on connecting and supporting top entrepreneurs, launched its first fund, House Capital, with a $10 million commitment to invest in early-stage firms within the community and high-growth startups outside.
Hong Kong Web3 Festival 2023, Hong Kong’s Largest-Ever Premier Digital Asset Event, is here.
A Platform for Worldwide Leaders to Discuss the Latest Web3 and Blockchain Trends
NEAR Protocol Partners with ZEP to Enhance Metaverse User Onboarding
NEAR Protocol and South Korea's ZEP are partnering to improve user onboarding and enhance Web3 capabilities, using NEAR's blockchain network and ZEP's metaverse platform.