Web 3
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.
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.
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).
Indian Finance Minister Urges Banks to Use Web3 Technology to Detect Fraud
Indian Finance Minister Nirmala Sitharaman called on banks to use technologies such as Web3 and AI to detect fraud and generate early warning signs at the 75th Annual General Meeting of the Indian Banks Association in Mumbai on September 18.
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.
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.
Revolving Games Raises a $13.2M Seed Round to Build AAA-level Web3 Games
Mobile free-to-play developer Revolving Games, which has raised $13.2 million in seed funding, plans to double down on Web3 gaming.
Web3 Music Platform Coop Records Raises $10 Million
Coop Records, a Web3 music-focused platform founded by NFT song collector Cooper Turley, has raised $10 million, according to Billboard.
Digital Wallet Omni Raises $11m in Seed Funding
On September 7, digital wallet Omni (formerly known as Steakwallet) raised $11 million in seed funding at a $50 million valuation.
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.