Community-Driven Blockchain Platform Parex Raises US$ 6․5 Million
15.5.2023
PRESS RELEASE. Parex has successfully developed a community-driven DAO ecosystem through its ParexChain, Parex Wallet, RaccoonSwap, Exchange, and other decentralized applications. The company has secured US$ 6.5 million in a new investment round. The funding was provided by DWF Labs that invested...
Crypto Investment Funds See Outflows for Fourth Consecutive Week
15.5.2023
Bitcoin-related products accounted for $38 million of the $54 million in total outflows
G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets
15.5.2023
Group of 7 members met in Japan, where they discussed CBDCs and crypto regulation, with an eye towards quickly implementing the “travel rule” for crypto assets
Tokenization Is the Way to Realize the Biden’s Electric Vehicle Overhaul
15.5.2023
As the Administration looks to re-shore and clean up the EV industry, blockchain technology offers a means to ensure transparency, says Qichao Hu of the Li-Metal EV battery manufacturer
Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets
15.5.2023
The company raised $4.2 million in seed round, led by ElectricCapital
LG Electronics Pursues Patent for TV with Built-in NFT Trading Features – How Does it Work?
15.5.2023
LG Electronics' filing for a blockchain-based smart TV was recently published by the World Intellectual Property Organization (WIPO).
Notably, the company applied for the patent in November 2021. But WIPO’s documentation mandates an 18-month waiting period before such publications implying that...
Web3 Education Leaders Team Up to Roll Out Beginner NFT Platform HeyMint
15.5.2023
The platform will allow artists to mint their creative assets, enforce royalties on-chain and sell their NFTs in a process meant for Web3 beginners
Is It Too Late To Buy Wen Token? WEN Price Rallies Up 4,000% and Whales Are Now Accumulating This New Coin – Here’s Why
15.5.2023
WEN token has enjoyed a sensational run, with supercharged profits fuelling an electric meme coin rally, but has this high-flying project run out of steam?
WEN is currently trading at a lowly $0.000000005315 (representing a bleak 24-hour change of -22%).
This comes following a brutal -75%...
US DOJ Ramps Up Efforts to Crack Down on DeFi Hacks and Thefts
15.5.2023
The alarming rate of DeFi hacks has caught the attention of the US Department of Justice.
A recent Financial Times report disclosed that the DoJ referred to these thefts and hacks as a “pretty significant issue.”
Apart from other bad actors’ hacks and exploits, the North Korean hackers have...
Biggest Movers: LTC, SOL Climb to 1-Week Highs on Monday
15.5.2023
Solana extended recent gains on Monday, as the token rose to a one-week high, following recent declines. The token dropped below the $20.00 level last week, as a red wave hit cryptocurrency markets. Litecoin was also higher today, climbing by nearly 7%. Solana (SOL) Solana (SOL) rose to a one-week...
As Metaverse Unfolds, Facebook Showcases Its AI Advances
15.5.2023
The social media platform Facebook started its journey into the metaverse two years ago on October 28, 2021.
Facebook CEO Mark Zuckerberg renamed the firm to “Meta Platforms Inc” showcasing its commitment to building the Metaverse.
Meta described the metaverse as the “integrated environment...
Polygon Co-Founder Launches Web3 Fellowship Program
15.5.2023
Sandeep Nailwal and his venture capital arm Symbolic Capital will invest $50,000 on a new cohort each year