12 / 42 Relevant items tagged with #web3
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BNB Chain Launches Rollup-as-a-Service to Bolster L2 Blockchain Development
[Mar 14, 2024 12:30 PM] On Thursday, the team behind BNB Chain introduced a novel Rollup-as-a-Service (RaaS) offering for the development of layer two blockchains (L2s) atop the BNB Chain. The team detailed that the service equips sizable decentralized applications…
Reddit Is Making a Deal With the AI Devil
[Mar 14, 2024 9:39 AM] The social media giant's $60 million real-time data deal with Google is latest example of internet companies selling out their users who have nominally "consented" to share their personal information but have no control. Blockchains and ZK-proofs…
Polyhedra Network Closes $20M Round at $1B Valuation
[Mar 14, 2024 6:00 AM]
Phishing Scammers Stole $47 Million From 57,000 Victims in February Alone — Report
[Mar 13, 2024 3:30 AM] Nearly $47 million was stolen from approximately 57,000 crypto users by criminals who use phishing scams to lure victims. The Scam Sniffer data highlights that most of the thefts occurred on the Ethereum chain, with ERC-20 tokens being the most…
Transak Achieves Industry-First SOC 2 Type 2 Compliance in Crypto Sector
[Mar 7, 2024 5:00 PM] In a landmark achievement for the cryptocurrency sector, Transak has become the first global on/off-ramp service to secure SOC 2 Type 2 compliance. The firm explained to Bitcoin.com News that the accomplishment underscores the company’s…
Entry of Tradfi Institutions Can Help Reshape User Perceptions Towards Crypto — Sami Start
[Mar 7, 2024 5:30 AM] The recent adoption of cryptocurrency by traditional financial (tradfi) institutions is likely to reshape user perceptions of this asset class and may even foster broader acceptance of blockchain technology, Sami Start, co-founder and CEO of the…
Web3 App Store Magic Square Unveils $66M Grant Program
[Mar 6, 2024 8:00 AM] Magic Square's Ecosystem Grant Program consists of 120 million SQR, equivalent to 12% of the token's total supply.
Revolut Launches Direct Crypto Purchase Into MetaMask Wallets in Bid to Simplify Web3
[Mar 6, 2024 3:00 AM] The digital bank continues to expand its crypto offerings with its new product “Revolut Ramp,” which aims to make it easier for customers to purchase cryptocurrencies.
Hong Kong to Kickstart New Web3 and Digital Yuan Initiatives This Year
[Mar 5, 2024 3:00 AM] The city of Hong Kong has detailed the advancement of new Web3 and digital yuan initiatives as part of its 2024-2025 budget. In a speech, Hong Kong Financial Secretary Paul Chan stated that the city would expedite a Web3 sandbox for stablecoins and…
Leveraging Web3 to Incentivize Fitness Behavioral Changes — Co-Founder of Sweat Economy Oleg Fomenko
[Feb 25, 2024 5:30 AM] The start of every year presents an opportunity for new beginnings. Many people set out with ambitions to hit the gym, exercise regularly, or walk more instead of driving. Sadly, it’s estimated that it takes the average American just seven weeks to…
SBINFT’s Jangdeok Ko Links the Surge in NFT Piracy to the Ease of Token Minting
Ebay’s Web3 Division Reportedly Lays off 30% of Its Employees
[Feb 23, 2024 5:00 AM] Recently, Ebay, the e-commerce behemoth, implemented significant changes within its Web3 division. These changes resulted in a 30% reduction in the division’s workforce and the departure of a pivotal employee. Among those affected by this…
Paris Saint-Germain Becomes Trailblazing Validator On Chiliz Blockchain, Fueling 9% Rally In CHZ
[Feb 22, 2024 3:00 PM] In a notable development that signifies the growing adoption of blockchain technology in the sports industry, Paris Saint-Germain (PSG) has announced its deepening partnership with Chiliz (CHZ), the Malta-based FinTech provider. PSG, one of the…
Startale Labs Secures $3.5M in Funding to Boost Web3 Innovation; Gains Support From Samsung Next and UOB
[Feb 22, 2024 8:30 AM] Startale Labs disclosed this week that it has garnered an additional $3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startup’s total investment to $7 million, which is earmarked for enhancing…
Wormhole and AMD Forge Alliance to Revolutionize Blockchain Interoperability
[Feb 21, 2024 3:30 PM] On Wednesday, the blockchain interoperability platform Wormhole revealed it is collaborating with the American multinational semiconductor company AMD (Advanced Micro Devices). Wormhole plans to utilize AMD’s Field Programmable Gate Array (FPGA)…
Japan Moves Closer to Allowing Venture Capital Firms to Hold Crypto Assets
[Feb 19, 2024 3:47 AM] Japan's cabinet approved a bill adding crypto to the list of assets the nation's investment funds and venture capital firms can acquire.
Telefonica Partners Chainlink to Mitigate SIM Swap Attacks in Web3
Blockchain-Based Loyalty Rewards Foster Brand-Customer Connection, Accelerate Web3 Adoption — Gennady Volchek
[Feb 16, 2024 6:30 AM] Universal loyalty programs can serve as potent tools, not only forging a direct link between a brand and its consumers but also influencing the latter’s shopping behaviour, Gennady Volchek, the CEO of the loyalty rewards app Shping, has said…
Telefónica Teams Up With Chainlink to Provide Security Against 'SIM Swap' Hacks
[Feb 15, 2024 2:30 AM] The partnership will be a "significant step" in integrating telecom capabilities into the blockchain technology, the firms said.
Analog Secures $16 Million for Web3 Interoperability Boost, Launches Cross-Chain Partnership Program
[Feb 12, 2024 5:00 PM] On Monday, the Web3 blockchain interoperability platform Analog announced the team has raised $16 million in a funding round from a wide array of venture capitalists and firms including Balaji Srinivasan, Tribe Capital, and Wintermute. Furthermore…
Playdapp Breach: Hacker Mints Tokens Worth $31 Million, Gaming Platform Offers Reward for Silence
[Feb 11, 2024 5:30 PM] Playdapp, a Web3 gaming platform, recently confirmed that it was a victim of a hacking incident which saw criminals mint tokens worth approximately $31 million. Playdapp said it has offered to reward the hackers if they agree to return the stolen…
Traditional Banking Sector Helped to Fuel Misconceptions About Regulators’ Stance on Crypto, Says Karim Chaib
[Feb 10, 2024 11:30 PM] Although many global regulators are commonly perceived to be against offering regulation that is supportive of crypto, Karim Chaib, the CEO of the digital assets platform Web3intelligence, asserts that their stance is, in fact, intended “to…
Blockchain-Based Ride Apps Could Restore Confidence in Ride-Hailing Industry, Says Firdosh Sheikh
[Feb 10, 2024 3:30 AM] According to Firdosh Sheikh, the co-founder and CEO of DRIFE, blockchain-based ride-hailing platforms could disrupt and revolutionize the industry, much like Uber and Lyft did to the traditional taxi industry over the past decade. To support this…
What Is ERC-404? The Experimental Standard Whose First Token Has Rocketed 12,000% in One Week
[Feb 9, 2024 5:04 AM] ERC-404 allows multiple wallets to directly own a single NFT, and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.
NFTs Are the Pillars of Digital Capitalism, Animoca Founder Says
[Feb 8, 2024 2:06 AM] Yat Siu explains why we shouldn't dismiss NFTs as monkey JPEGs and how blockchain acts as a political system of sorts, fostering a consensus-based democratic process.
Apple's 'Vision Pro' Set to Get First Crypto-Focused Metaverse App From Victoria VR
[Feb 2, 2024 11:05 AM] The app is set to be released in the second qaurter and the token VR has already surged 60% in last 24 hours.
Web3 Gaming Company Saltwater Raises $5.5M Seed Funding
[Feb 1, 2024 8:00 AM] Saltwater closed its seed round on the heels of acquiring gaming developers Maze Theory, Nexus Labs and Quantum Interactive.
Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto
[Jan 31, 2024 10:32 AM] The renowned a16z VC talks to Daniel Kuhn about his new book, “Read Write Own: Building the Next Era of the Internet.”
Web3 Payments Firm Transak Joins Visa Direct to Streamline Crypto-to-Fiat Conversion
[Jan 30, 2024 8:00 AM] The deal allows the Web3 payments infrastructure provider's users in over 145 countries to easily convert crypto into local fiat currencies.