[Jan 23 3:00 AM] Paper Ventures, a new blockchain venture capital (VC) fund focused on early-stage Web3 and blockchain projects, has been launched with an initial fund of $25 million. The fund, founded by experienced venture capitalists, will not only invest in…
[Jan 22 3:00 AM] Sega Singapore, a subsidiary of the worldwide recognized entertainment company, has announced that it will seek to produce new Web3 games as part of a partnership established with Finschia, a blockchain project. As part of this partnership, Sega…
[Jan 19 7:00 AM] The funding rounds, which gave Root a $100 million valuation, were led by Animoca Brands and included contributions from a slew of other notable investors
[Jan 16 1:00 PM] After obtaining a comprehensive capital markets license in Singapore, Hashkey Group announced it has successfully garnered $100 million through a Series A funding round. The fresh injection of capital is earmarked for expediting the growth of their…
[Jan 16 7:00 AM] In 2023, the top ten Web3 projects collectively raised $1.78 billion in funding, a figure which is 70% lower than the $5.87 billion raised in the previous year, the findings of a new study have shown. The findings also show that Web3 projects were…
[Jan 14 3:30 AM] While the Ethereum network’s migration to a proof of stake (PoS) consensus mechanism has seen the protocol become less energy-intensive, Alon Muroch, the founder of the SSV Network core team, said if the number of validators is not contained…
[Jan 13 6:30 AM] The NEAR Foundation recently said it has let go of 35 workers as part of a realignment exercise that sees it “focus on a narrower and higher-impact set of activities.” The foundation’s CEO insisted that the job cuts did not in any…
[Jan 10 10:45 AM] Although the intersection of Web3 and AI has great potential, there is a lot of confusion about this emerging technology in the market today. Mapping out the GPU supply chain, layers of the tech stack, and various competitive landscapes can help…
[Jan 9 5:00 AM] Two Tunisian universities working in collaboration with the blockchain company Dar Blockchain and the Hashgraph Association are set to hold three-day hackathons. Hackathon participants are set to learn how decentralized finance (defi) can help…
[Jan 8 5:30 PM] Visa, a worldwide leader in credit payment technology, has announced that it will include Web3 elements in its customized loyalty program solution. The company partnered with Smartmedia Technologies, a Web3 loyalty rewards startup, to add…
[Jan 8 6:19 AM] This is Human Generated This is an interpretation of VESA’s appearance on the Human Generated podcast by Omid Honari. The two met during a day of keynote speeches at the Mohammed Bin Rashid library, where as it turns out, both of their…
[Jan 4 6:30 AM] According to Andrea Lerdo, a director at the art-supporting organization, Palm Foundation, Web3 enables creators and artists to not only exercise control over their content but to connect with their respective audiences in a way not possible on…
[Jan 2 6:30 AM] Stelian Balta, the billionaire and co-founder of the digital asset management firm Hyperchain Capital, has said that while bitcoin is indeed a volatile asset it nonetheless helps to diversify and align an investment portfolio with digital trends…
[Jan 1 3:30 AM] Trevor Traina, the founder and CEO of Kresus, has said he foresees non-custodial mobile wallets “transforming into something more comprehensive than just tools for storing digital assets.” According to Traina, such a transformation is…
[Dec 28, 2023 6:30 AM] Hong Kong Monetary Authority (HKMA) and Financial Services and the Treasury Bureau have released a public consultation paper to gather residents’ opinions on the proposed regulatory regime for stablecoin issuers. The HKMA also announced the…
[Dec 28, 2023 2:30 AM] The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The CEO added his organization is in the process of creating a voluntary database that is expected to…
[Dec 25, 2023 5:01 AM] Prime Minister Fumio Kishida’s government has been considering submissions on how best to encourage the industry's development, which it sees as a pillar of economic reform.
[Dec 21, 2023 11:00 PM] The Ministry of Information and Technology of China has agreed to formulate a new strategy for the Web3 field to improve the state of the industry in China. The initiative comes as an answer to a proposal made at the 14th Chinese People’s…
[Dec 21, 2023 8:26 AM] The decision to launch Wallet Wars, a Web3 iteration of the 1970s arcade game Space Invaders, was taken by a vote of Balthazar DAO, not a management committe.
[Dec 20, 2023 5:44 AM] Moving forward, China's Web 3 strategy would encourage the development of new business models such as NFT and accelerate the innovative application of Web3, the Ministry of Science and Technology said.
[Dec 19, 2023 11:45 AM] The team is working with Web3 domains player D3 to apply for and win the “.shib” internet domain as part of a broader push toward a decentralized identity project.
[Dec 18, 2023 4:01 AM] The Web3 metaverse developer Improbable sold its gaming venture, The Multiplayer Group, as a part of its venture strategy for 2024.
[Dec 16, 2023 10:13 AM] In Geneve, Switzerland, Decentral House, a new initiative to unite the blockchain and Web3 space, has emerged. On the night of December 14th, several industry leaders from organizations worldwide discussed how blockchain is transforming the world…
[Dec 14, 2023 3:30 AM] Line Next, a subsidiary of Line Corporation, said on Dec. 13 that it has secured a $140 million investment in a funding round led by the Peter Thiel-sponsored Crescendo Equity Partners. Line Next has said it will use the capital raised to fund the…
[Dec 13, 2023 4:00 PM] Immutable’s blockchain protocol will allow the game studio to cut out gas fees for users, which are widely cited as a significant barrier to Web3 gaming adoption.
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