Moscow, Thursday, April 18, 2024 – The integration of 1inch with the liquidity layer of Web3, Lumia, was announced on March 19, 2024, Orion reported. The integration would give 1inch users a firsthand experience of utilizing Lumia, the liquidity layer, and its services from centralized exchanges (CEXs) directly to DeFi. Compared to centralized exchanges, 1inch […]
Abu Dhabi, Friday, February 23, 2024 – A leading International Financial Center (IFC) well known for blockchain innovation, Abu Dhabi Global Market (ADGM) announced on February 7, 2024, their Memorandum of Understanding (MOU) with the Solana Foundation, a non-profit organization with expertise in blockchain platforms. The alliance is aimed at developing Distributed Ledger Technology (DLT) solutions […]
New York, Monday, September 30, 2024-Co-founder of Binance Changpeng Zhao was released from a US correctional facility on September 27 after serving a four-month sentence on September 27, Bloomberg reported. Zhao had been detained following a plea deal that resulted in a $4.3 billion fine for Binance due to compliance failures allowing illicit transactions. Additionally, […]
Catenaa, November 23- Binance, the world’s largest cryptocurrency exchange by trading volume, today announced the launch of its first-ever self-custody Web3 wallet. The new wallet will allow users to store, manage, and trade their digital assets without the need for a third-party custodian. The Binance self-custody Web3 wallet is a non-custodial wallet, which means that […]
Singapore, Monday, March 4, 2024 – Binance, the leading global cryptocurrency exchange, announced significant upgrades to its Web3 wallet today. These enhancements aim to streamline user experience within the decentralized finance (DeFi) space. The Binance Web3 wallet received a significant upgrade today, bringing a suite of new features designed to enhance the user experience within […]
George Town, Thursday, April 25, 2024 – The Binance Academy announced that it is partnering European Business University in Luxembourg and ESCP Business School to offer degree courses on Web3 and other related subjects on April 16. The initiative aims at exploring the digitally accessible platform for students, injecting prominent features of blockchain and Web3 […]
Singapore, Monday, January 22, 2024 – Web3 trading platform Bitget Wallet, formerly known as BitKeep, has launched a new inscription ecosystem called GetScribe, aiming to simplify access to omnichain inscriptions for users and developers. With this launch, Bitget Wallet strengthens its focus on Web3 technology and accessibility. GetScribe provides a range of key features to […]
Singapore, November 15, 2023 – BlockSec, a leading Web3 cybersecurity firm, today announced the launch of Phalcon, the world’s first Web3 crypto hack blocker. This groundbreaking software will help protocol teams prevent hacks and protect their users from financial losses. Phalcon’s technology uses a variety of techniques for real-time detection and prevention of attacks. These […]
Dover, DE, Tuesday, April 09, 2024- ChainGPT, a company offering AI-powered Web3 infrastructure, has launched a $1 million grant program to bolster innovation at the intersection of artificial intelligence (AI) and Web3 technologies. Web3 refers to a decentralized version of the internet built on blockchain technology, while AI encompasses intelligent machines that can learn and […]
Brussels, August 31, 2023: Global interbank messaging service provider Swift announced that its experimental operation using blockchain technology based on the Cross-Chain Interoperability Protocol CCIP of Chainlink was a success. The Swift CCIP Chainlink experiment started in June 2023. It was announced in a press release on June 13, 2023, and the results were announced […]
Thursday, May 30, 2024 – ChainML, the Web3-based AI research and development company, secured $6.2 million in a seed extension round that concluded last year. The funding round was led by Hack VC, and several venture capital firms—Foresight Ventures, Inception Capital, HTX Ventures, Figment Capital, Hypersphere Ventures, and Alumni Ventures—have participated. The leading investor in […]
BEIJING, Tuesday, December 21 – China has unveiled its strategy for Web3, the emerging concept of a decentralized internet, choosing to embrace its technological potential while maintaining strict control and avoiding involvement with cryptocurrencies, according to a government statement. In contrast to neighboring Hong Kong’s ambition to become a hub for virtual assets, China’s Web3 […]
What is the Cosmos Hub and How Does it Work? The Cosmos Hub aims to become the internet for blockchain, which is expected to lead to the widespread use of blockchain technology. It is an open-source project to connect various blockchains to create a faster, interoperable, scalable, and low-fee hub. The Cosmos Network ecosystem is […]
New York, Monday, September 30, 2024-Decentralized finance platform Curve Finance is reportedly considering the removal of TrueUSD (TUSD) as collateral for its Curve USD (crvUSD) stablecoin. This follows concerns within the crypto community about the reliability and transparency of TrueUSD’s reserves. The proposal to delist TUSD is being discussed by Curve’s governance community, which plays […]
In an era defined by digital connectivity, the metaverse stands as a testament to the power of shared passions. But what if I tell you that this concept can be elevated further? Enter the decentralized metaverse. Imagine an expansive universe where creativity knows no bounds and where ownership and control belong to the community, not […]
In a highly digitised society, digital identity is more important than one’s physical identity. The irony is that today we do not own our digital identity and our digital identities are held by trust corporations and third parties. Digital identity and decentralized identity are two different approaches to managing a person’s digital identity. A digital […]
Introduction You may have heard about cryptocurrencies such as Bitcoin and Ethereum, but have you ever wondered where your cryptocurrency is stored? We have bank accounts to store credit or debit transactions of fiat money. Like that, do we have anything for cryptocurrency? Yes, they are called crypto wallets. Some may say we have stored […]
Singapore, Friday, May 10, 2024 – Dmail, a blockchain-based communication infrastructure powered by AI, has announced that it is partnering Querio for the Dmail Subscription Hub. Dmail says that its functionality and DApps would be enhanced because of this integration. Dmail says its user base has grown to 9.58 million, with over 189.17 million messages […]
DUBAI, UAE, Wednesday, January 17- Dubai, the up-and-coming tech hub of the Middle East, prepares to host the Global Blockchain Show (GBS) Dubai on April 16–17, 2024, a media report said. It said that the event promises to convene a diverse gathering of Web3 specialists, industry leaders, and curious minds eager to explore the transformative […]
DUBAI, United Arab Emirates, Tuesday, March 26, 2024- The 29th edition of the World Blockchain Summit is set to convene in Dubai on April 22–23, 2024, aiming to solidify the region’s position as a global hub for blockchain innovation, an Accesswire press release said on March 17. Organized by Trescon and co-hosted by Sun Minimeal, […]
Meta Connect, in partnership with EssilorLuxottica, has announced its next-generation Ray-Ban Meta smart glasses collection. Starting at $299, this pair of smart glasses has new and improved features aimed at content creators. The Meta Ray-Ban smart glasses will be available for purchase starting October 17. These new glasses, known as the Ray-Ban Meta collection, were […]
SAN FRANCISCO, Monday, April 01, 2024- Social gaming company Everyrealm announced the launch of Everyworld, a blockchain-based platform aiming to make a paradigm shift on how users interact with digital advertising. Launched on March 13, 2024, Everyworld said it offered a “discovery and rewarded ads protocol” that incentivizes user engagement and promotes environmental causes. The […]
We live in a digital era where the internet has become an essential part of our lives, connecting us with people worldwide. However, while seven out of ten people on the planet have internet access, millions remain unconnected. So how can we connect the rest? This a question that almost every network provider has been […]
Introduction to Midnight Cardano Project Web 2.0 introduced a new era of communication, which enabled global communities to better interact and share information with each other. However, consequently, the risk of data loss, manipulation, and misuse has increased drastically due to weak regulatory systems. With the introduction of Web 3.0, many users expected direct solutions […]
In the era of Web 3.0, we are exploring the use of Blockchain technology and have witnessed the advancements of Smartphones; what if both worlds merge? Similar to an Android or iPhone, web 3.0 phones can be loaded with native dApps, be used as a wallet, create Non-Fungible Tokens, and many more endless Web 3.0 […]
NEW YORK, December 4, 2023 – Forbes, the global media brand synonymous with business and finance, said it would take to Web3 with a series of gamified campaigns powered by Galxe, a leading platform for building Web3 communities. This partnership marks a significant step for Forbes as it seeks to engage its audience and unlock […]
New York, Friday, August 09, 2024- A US district court has ordered cryptocurrency exchange FTX and its sister company Alameda Research to pay $12.7 billion to fraud victims, marking the largest recovery in the history of the Commodity Futures Trading Commission (CFTC). The ruling was issued by the U.S. District Court for the Southern District […]
The founders of Bitcoin created Lightning Network to provide an alternative payment system that would be free from central control. They aimed to enable peer-to-peer transactions, eliminate the need for intermediaries, and reduce transaction fees. Bitcoin was designed to be secure, transparent, and globally accessible, potentially challenging the existing financial system. However, Bitcoin has […]
San Francisco, California, November 06, 20203: The second annual GAM3 Awards is set to be a monumental event in the gaming world, scheduled for December 14, 2023. “This year, winners will have the chance to share prizes worth over $2 million through the sponsorship of partners, including Amazon, Google, Magic Eden, and the Blockchain Game […]
Entresuelo, Thursday, May 9, 2024 – The conclusion of the $3.2 million seed funding round of the video gaming development and publishing studio Games for a Living (GFAL) was announced on April 29, 2024. According to the source, the initiative was supported by renowned investors such as Supercell, Mitch Lasky, and other gaming and tech […]
Sydney, November 2, 2023: Three new web3 games, GensoKishi Online, Cursed Stone, and Sailwars, had committed to building on Immutable zkEVM, a leading Zero-Knowledge (ZK) proof-based scaling rollup tailored specifically for web3 game developers, Immutable said on Thursday, November 2. GensoKishi Online, a metaverse-native fantasy adventure, will establish a groundbreaking economic system within its world, […]
Friday, June 28, 2024 – Hong Kong’s Legislative Council (LegCo) is seeking public feedback on policy proposals to foster the growth of Web3 and virtual asset sectors within the territory. LegCo member Johnny Ng announced the initiative, highlighting the creation of a Subcommittee on Web3 and Virtual Asset Development. This subcommittee aims to gather industry […]
Tokyo, Japan, Monday, March 4, 2024 – In a move aimed at bolstering domestic investment and innovation, Japan’s Cabinet on February 16, 2024, approved a comprehensive bill titled “Bill to partially amend the Act on Strengthening Industrial Competitiveness, etc. to promote the creation of new businesses and investment in industry.” The bill is now slated […]
Tokyo, Tuesday, October 01, 2024-Shigeru Ishiba, Japan’s incoming Prime Minister and leader of the ruling Liberal Democratic Party (LDP), has announced plans to promote blockchain and NFTs as part of a national economic strategy. Ishiba, formerly the Japanese Defense Minister, is set to take office next week after winning the LDP leadership race. According to […]
Washington, Tuesday, September 10, 2024 – Vice President Kamala Harris unveiled her policy positions for her presidential campaign yesterday, but the list notably excludes any mention of cryptocurrencies, reports said. While Harris has committed to supporting “American innovation and workers,” focusing on sectors like artificial intelligence, she has remained silent on the growing cryptocurrency industry […]
SINGAPORE, Oct. 30, 2023: Singapore-based Astar Network and Startale Labs on Tuesday, October 24, that they have partnered with Japanese telecom giant KDDI to explore new business opportunities in blockchain technology and Web3 applications. The partnership will focus on developing innovative customer experiences in KDDI’s “αU” market, which includes Web3 services such as “αU market” […]
The Power of LinkedIn and Microsoft Entra Collaboration When you meet a professional contact for the first time online in the digital age, you need more trust indicators to boost your confidence that they are who they claim to be. Recruiters and professionals have long struggled with the difficulty of workplace verification. Inaccurate or false […]
Lisbon, Portugal – November 10, 2023 – The Human Protocol Foundation will be hosting a two-day event called Newconomics on November 14-15, 2023, in Lisbon, Portugal. The event will bring together top tech leaders to discuss the future of economies through the integration of Web2 and Web3 technologies. Human Protocol is a decentralized work platform […]
What is the Lightning Network? Scalability and transaction speed have grown to be crucial issues for blockchain networks as the world of cryptocurrencies continues to develop. The lightning network has shown to be a promising solution, and Litecoin, one of the oldest and most respected cryptocurrencies, has made significant strides in implementing this technology. The […]
New York, August 18– Six legal experts and Senator Cynthia Lummis filed an amicus brief on August 11 supporting Coinbase in the company’s ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). The brief, filed in the U.S. District Court for the Southern District of New York, argues that the SEC’s lawsuit is “overreaching” […]
New York, NY Monday, August 15 – The Metropolitan Museum of Art (MET) is expected to launch a new experience in late 2023 in the Metaverse. According to reports, this would be in partnership with Roblox, a popular online gaming platform launched in late 2003. The Museum of Modern Art (MoMA), the Guggenheim Museum in […]
The Valley, Thursday, April 25, 2024 – Mon Protocol, the blockchain-based gaming platform, said on April 16 that it is partnering with gaming developer Pixelverse, according to a post by Mon Protocol on X. The partnership would uplift the brand name of Mon Protocol within the Web3 eco system combined with the inclusive gaming arena […]
Hong Kong, Thursday, April 18, 2024 – Moongate, the blockchain-based technology company, ended their $2.7 million seed round on April 2, 2024, as reported on X. The seeding round was conducted to create the Modular Web3 Engagement Layer for Real-World Activations. The funding round was led by CMCC Global’s Titan Fund in collaboration with several […]
Tokyo, Monday, April 15, 2024 – South Korean gaming giant Nexon Korea Corp. expanded its presence in the online gaming industry in the United Arab Emirates (UAE) last year, a report said on Sunday, March 24. Since the Middle East is known as the hub of cryptocurrencies and Web3 games, Nexon is dedicated to delivering […]
SAN FRANCISCO, Thursday, June 20, 2024- In a significant shift within the technology sector, chipmaker Nvidia on Tuesday surpassed Microsoft to become the world’s most valuable company by market capitalization. In June first week Tesla CEO Elon Musk also pledged that he would buy USD 9 bn worth of chips from Nvidia. On June 13, […]
Japan, Wednesday, February 21, 2024 – Oasys, the gaming-optimized blockchain, announced on February 13, 2024, their affirmation of the partnership with Com2uS, the leading Korean game developer, and its subsidiary company, XPLA, marking a notable step forward in broadening the Web3 in the gaming market in Japan. “Within the first six months of the year, […]
SAN FRANCISCO, Friday, July 26, 2024- OpenAI unveiled a new search engine prototype on Thursday that aims to challenge Google’s dominance by using artificial intelligence to provide quick, accurate answers to user queries. SearchGPT, as the tool is called, is designed to combine the power of AI with real-time web data to deliver more relevant […]
San Jose, September 12: Global online payment giant PayPal unveiled a new capability on September 11, enabling web3 merchants in the United States to accept cryptocurrency payments from their customers. The feature, known as “PayPal On and Off Ramps,” seamlessly integrates with PayPal’s existing service that permits U.S. consumers to purchase and trade cryptocurrencies backed […]
Zug, Thursday, April 25, 2024 – Polimec, the funding protocol developed on Polkadot, announced its launch of Web3 projects aimed at fundraising on April 15, according to a post by Polimec on X. “Polimec enables fundraising in a decentralized, transparent, and regulatory-compliant manner, aligning stakeholder incentives during and beyond the fundraise,” co-founder Kasper Mai Jorgensen […]
Basics of Polkadot and its Significance Polkadot could be considered a technology that stands out as a breakthrough in the rapidly developing field of blockchain technology. It is an open-source project that is developed and maintained by a community of contributors. The project is governed by the Web3 Foundation, the non-profit organization founded to promote […]
RAS AL KHAIMAH, UAE, November 28, 2023 – The Ras Al Khaimah Emirate (RAK) of the United Arab Emirates officially commenced operations of its Digital Assets Oasis (DAO) on October 19, 2023, by Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah. The Digital Asset Oasis (DAO) aims to boost the growth and […]
SIM (Subscriber Identity Module) cards were first introduced in the year 1991 by Munich smart-card maker Giesecke+Devrient. They remained relatively unchanged with respect to their functionality, with only their size getting smaller every couple of years, to the point where physical SIM cards are going extinct in favor of E-SIM technology. However, SIM cards have […]
NEW YORK, Tuesday, January 16, 2024 – Shytoshi Kusama, the primary developer of the widely-known meme cryptocurrency Shiba Inu, unveiled the introduction of the .SHIB domain on Wednesday, January 10. This initiative aims to enhance Web3 interoperability and foster a more integrated ecosystem for projects associated with SHIB. “We’re partnering with @ShibToken to apply for […]
Singapore, Friday, October 6 — The Web3 Gaming Summit, a two-day event that brings together stakeholders in the gaming and blockchain industries, will be held on October 11, 2023, at 9:30 (UTC+8) at the Marina Bay Sands Hotel in Singapore. The Web3 Gaming Summit is being organized by the Asian Blockchain Gaming Alliance (ABGA) and […]
Singapore, Thursday, February 22, 2024 – Singapore-based start-up company Startale Labs, which focuses on Web3 infrastructure, announced on June 28, 2023, that their alliance with Sony Network Communications secured $3.5 million in seed capital to broaden the utility of Web3 and develop its’ infrastructure for the global Web3 audience. The funding was received through a […]
SINGAPORE, Tuesday, January 23, 2024- Blockchain development company SkyArk Studio , announced recently that it had secured $15 million in a Series A funding round led by cryptocurrency giant Binance Labs. The funding round, which also saw participation from prominent venture capital firms Draper Dragon and NGC Ventures, is expected to boost SkyArk Studio on […]
In the world of cryptocurrencies and blockchain, terms like smart contracts are becoming increasingly common. But what exactly are they? A smart contract is a digital protocol designed to facilitate, verify, or enforce the negotiation or execution of a contract using computer software or algorithms. It can be programmed with the rules and logic governing […]
Toronto, Canada, Wednesday, August 28, 2024- A new study has linked cryptocurrency ownership to certain personality traits, including psychopathy, narcissism, Machiavellianism, and sadism. Researchers at the University of Toronto and the University of Miami surveyed 2,001 American adults to examine the relationship between cryptocurrency ownership and various psychological and social characteristics. However, the researchers cautioned […]
Blockchains are a revolutionary technology that creates a new era of secure digital transactions. The blockchain is composed of multiple layers, each responsible for different aspects of the blockchain. Layer zero is the foundation layer responsible for the core functionalities of the blockchain. It is responsible for the consensus mechanism, governance, and incentive structure. Uncovering […]
Menlo Park, California, Friday, August 04 – Meta Platforms Inc. CEO Mark Zuckerberg said on Friday that the company’s Threads app will soon have search and web functions. Zuckerberg made the announcement in a post on Threads, a short-form messaging app that is designed for close friends and family. He said that the new features […]
TOKYO, Wednesday, July 24, 2024- Toyota Motor Corp. is exploring the use of Ethereum blockchain technology to manage vehicle data and potentially transform how cars are owned and used. “Toyota Blockchain Lab suggests developing a MOA (Mobility-Oriented Account) based on Ethereum ERC-4337 to ensure that the account itself can be retained even if the private […]
NFT ticketing is transforming event ticketing by offering a safe, transparent, and efficient method of issuing and managing tickets. Because they are kept on a blockchain, Non-Fungible Tokens (NFTs) are much more difficult to fabricate or duplicate than traditional tickets. This reduces the danger of fraud and counterfeit tickets by allowing event organizers to ensure […]
Davos, Switzerland Tuesday, January 23, 2024 – Tune.FM, a music platform built on blockchain technology, announced recently that it had secured $20 million in Series B funding to bolster its growth and allow artists in the Web3 era to flourish. The investment, led by alternative investment group LDA Capital, reinforces Tune.FM’s mission to disrupt traditional […]
Singapore, March 19, 2024 – XPLA, the layer 1 blockchain, announced on March 8, 2024, its collaboration with Ubisoft, a video game creator and publisher company, as the node validator. The new step would expand the blockchain technology through the XPLA innovation lab, as it is aimed at widening technological opportunities. It is reported that […]
The Web3 Festival Starts on April 6 and Ends on April 9 With OKX Taking Center Stage; Tickets Available online in NFT Form or Regular HONG KONG, Tuesday, April 02, 2024- Building upon the success of its 2023 edition, the Hong Kong Web3 Festival returns this year from April 6–9 at the Hong Kong Convention […]
Introduction: Understanding the Basics of Blockchain Layer 3 Blockchain technology has progressed tremendously over the years, giving birth to a multi-layered design to boost speed and scalability. At the core of this design is the notion of blockchain Layer 3, a critical component that extends the capabilities of the blockchain protocol. In this post, we […]
The world is changing at a drastic pace, and with it, the world of the Internet is changing as well. As institutions continue to explore cryptocurrency and Blockchain technology, they’re beginning to see the value that this technology can bring to their operations. With more and more companies jumping on the digital assets bandwagon, it […]
Revolutionary developments have characterized the development of the internet, and the emergence of Web 3.0 set to further transform the online environment. The Web 3 nodes, the core pieces of a decentralized Internet environment, are at the center of this transition. These nodes, often referred to as decentralized nodes, are crucial in determining how we […]
Seoul, Friday, December 22, 2023- South Korean gaming giant Wemade and Singapore-based technology investor Whampoa Digital announced in December last week that they had joined forces in a strategic partnership aimed at boosting the Web3 landscape in the Middle East. This collaboration will see the establishment of a $100 million Web3 fund by Wemade, specifically […]
LAGOS, Nigeria, Monday, January 22, 2024 –The lack of clear regulations on Web3 was a hurdle for investors in the fields of Web3, blockchain, crypto, and the like, Jathin Jagannath, a developer from the Web3 rollup protocol Cartesi, reportedly said in a recent interview. Earlier, investors in these fields saw the African Continent countries as […]
SINGAPORE, Tuesday, April 09, 2024 – Elixir Games, a company focused on Web3 gaming, announced it has raised $14 million in seed funding. The round was led by renowned game developer Square Enix, with participation from the Solana Foundation and Shima Capital. Web3 gaming platform Elixir Games has received a $14 million investment in its […]
Humans wrap themselves in different materials to explore different environments. For example, divers put on wetsuits, while astronauts wear spacesuits. Similarly, cryptocurrencies require a form of wrapping to venture off into other blockchains. Hence Cardano cBTC. What is Cardano cBTC? Cardano cBTC is a cryptocurrency that is built on the Cardano blockchain and is a […]
Avalanche is a heterogeneous network of blockchains that rivals Ethereum. It’s well known because of its scalable solutions, interoperability, and transaction speeds. It can process about 4,500 transactions per second, whereas Ethereum can only process about 30 transactions per second. To achieve this, it uses a novel approach utilizing three separate blockchains under its primary […]
On July 5 2023, Meta, the parent company of Facebook and Instagram, unveiled its latest communication platform: Threads. This launch marked a significant milestone in the world of social media, drawing attention for several compelling reasons. Firstly, any new application introduced by Meta, the industry giant in the realm of social media, naturally piques curiosity […]
London, July 24- Worldcoin, a cryptocurrency project founded by OpenAI (Better known by it ChatGPT) CEO Sam Altman, launched on Monday, July 24. The project aims to create a global digital identity system that uses iris scanning to verify the identities of users. Worldcoin users will be able to earn Worldcoin tokens by having their […]
Wednesday, July 18, 2023: Technology is changing the way we live and work. Unfortunately, it is also changing the way we interact with each other. The world has become more urbanized, and the economy is expanding. This has led to an increase in the complexity of our lives, which has made it challenging to manage […]
If you think of blockchain, you probably don’t imagine creating security tokens. Unfortunately, some companies or consortia have learned that designing their standards without foresight can lead to roll-your-own security tokens. It’s not easy to create a security token standard from scratch while piecing together code and documentation from various sources. That’s why many companies […]