In an advanced communication, Stackr Labs raised $5.5 million in a seed funding round. The successful fundraising was led by Archetype in collaboration with Scalar Capital. Other companies that supported Stackr included Lemniscap, Celestia Labs and Spartan Group. Also, prominent angel investors…
As Asia positions itself as a hotbed for Web3 technologies, key industrial players in the crypto sector have made impressive moves to push for mainstream adoption of crypto and blockchain technologies. On Tuesday, November 7, the best performing Web3 coalition in Vietnam,…
On Tuesday, October 31, the German-based automation company Siemens entered into a partnership agreement with Microsoft to explore viable opportunities in artificial intelligence (AI) technology. The announcement revealed that Siemens and Microsoft will focus on developing AI assistive tools. The partnership coincided…
In an advanced report, the policymakers in Marshall Island approved new legislation on crypto assets. The report demonstrated that the new law aims to strengthen existing laws on decentralized autonomous organizations (DAOs). At the initial rule-making process, the bill was formulated by…
The world’s largest Web3 marketplace, OpenSea, has denied claims concerning the involvement of the former head of venture Kelvin Pawlak in the AnubisDAO rug pull that occurred in 2021. Recently, talks concerning the AnubisDAO rug pull that exposed non-fungible tokens (NFTs) investor…
Despite the pitched battle to provide regulatory clarity on digital assets, India has witnessed high adoption of crypto assets. CoinDCX, the leading crypto exchange in India, revealed plans to broaden its product offering. The crypto exchange plans to invest heavily in integrating…
The world’s first community-led gaming platform, Metacade has partnered with Polygon Labs to drive user acquisition and testing of new games. The partnership is expected to bring a wider audience of gamers from around the world to Metacade. Speaking on the partnership, Metacade’s…
In an advanced report, crypto exchange Gemini revealed plans to expand to India. The Gemini report indicated that the firm will invest approximately $24 million, equivalent to 2 billion rupees, in entering the vibrant Indian market. A review of Gemini’s expansion plan…
The Chinese government has entered a partnership with MY E.G. Services Berhad (MYEG) to leverage on the Zetrix blockchain to offer cross-border credentials verification services. The government entered the partnership through China’s state-owned Guangxi Beitou IT Innovation Technology Investment Group Co., Ltd….
The enforcement approach to crypto regulation in the U.S. is likely to cause the loss of 4 million jobs by 2030, a recent analysis by Coinbase shows. Coinbase says the approach risks the U.S. one million developer jobs and three million non-technical…
Bitwave, the leading developer of financial software in San Francisco, California, has revealed plans to acquire Gilded at an undisclosed amount. In a blog post, the Bitwave team announced that the mergers and acquisition (M&A) aims at strengthening enterprise solutions, including crypto…
PayPal Holding Inc. has launched new on-ramp and off-ramp services to support Web3 payments for US retail and institutional clients. Launching new features seeks to redefine the payment company capabilities to allow US users to transfer their crypto assets directly to cash…
Crypto.com, through its NFT collection, Loaded Lions, has launched a game known as Mane City on the Cronos Chain. The game is the first ever launched by Crypto.com, a top crypto exchange with headquarters in Singapore. This is in line with the…
Google Cloud head of Web3 James Tromans has expressed his optimism about the role of artificial intelligence (AI) in developing smart contracts and conducting audits. The executive mentioned that the ongoing AI craze has inspired investors to transition from crypto space to…
Lately, Web3 adoption has grown exponentially due to increased awareness of the benefits of blockchain and crypto technologies. The spur adoption of Web3 technologies has inspired developers to invest in developing advanced software to improve ownership, control, and privacy in the crypto…
On Wednesday, August 23, the lead engineer at Unstoppable Domains (UD), Aaron Quirk, announced launching of an instant messaging platform for improving communications in the decentralized sector. The announcement conveyed by the engineer confirmed that the Web3 usernames will access the newly…
An announcement conveyed by the chief executive officer of Hive Digital, Aydin Kilic, revealed that artificial intelligence and blockchain technology have massive potential to transform the Web3 sector. The CEO stated that AI and blockchain are the core pillars of Web3 development….
An official announcement by the head of research at LiFi, Arjun Chand, revealed that the multichain bridging protocol launched a multi-message aggregator to support the decentralized autonomous organization’s (DAO) performance. The new aggregator has defensive features to prevent governance attacks from the…
The Indian ministry of Electronics & Information Technology (MeitY) has challenged its citizens to develop a native web browser powered by crypto tokens. The ministry announced the launch of the Indian Web Browser Development Challenge (IWBDC) on 9August, in which participants will…
As account abstraction technology continues to gain popularity in bringing more people to the Ethereum network Vitalik Buterin has a different view. The inventor of Ethereum shared some of the problems encountered when integrating the account abstraction technology into the blockchain network….
