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South Korea to Prioritize Innovation in Next Phase of Crypto Regulations
14.12.2023
Source: Pexels South Korea’s authorities have expressed a commitment to balance investor protection with fostering technological innovation in next phase of crypto regulations. Kim So-young, Vice Chairman of the Financial Services Commission, emphasized the need for regulations to strike this...
Messaging App LINE Secures $140 Million for Expansion of NFT Platform
13.12.2023
Source: Pixabay The NFT arm of messaging app LINE has raised $140 million in investment to “popularize the Web3 ecosystem.” In a statement released on Wednesday, LINE NEXT, LINE’s South Korea-based NFT unit, claimed the investment was “the largest in the Asian blockchain and Web3 industry this...
Zimbabwean University Partners With Web3 Hub to Host Its First-Ever Blockchain Hackathon
13.12.2023
On Dec. 8 and 9, the University of Zimbabwe in partnership with the South Africa-based Mzansi Web3 Hub, held the learning institution’s inaugural blockchain hackathon. Taurayi Rupere, the chairman of the institution’s computer science department, said the hackathon’s goal is to produce...
Animoca Brands and T&B Media collaborate to boost the Web3 ecosystem
13.12.2023
Animoca Brands established a strategic partnership with T&B Media Global in order to concentrate on a multi-level engagement. This will begin with cross-promotions of NFTs acquired from the Mocaverse of Animoca Brands and the Mittaria of T&B. Animoca Brands is engaged in the promotion...
Mirai Labs fuses SocialFi and Web3 gaming, moves to Avalanche
13.12.2023
Mirai Labs, renowned for the horse racing game Pegaxy, has taken an extraordinary stride toward integrating SocialFi esports economics and the Avalanche blockchain. The action is anticipated to offer an exceptional gaming experience for recreational and dedicated guild members. Web3 game developers...
Polygon Labs introduces a sustainability dashboard
13.12.2023
In collaboration with the Crypto Carbon Ratings Institute (CCRI), Polygon Labs has unveiled a sustainability dashboard designed to provide comprehensive visibility into the environmental and climate impacts associated with the Polygon blockchain framework. The Polygon Network Sustainability...
Meme Coin Wall Street Memes Launches Hourly Buybacks and Net Gaming Revenue Dashboard – $WSM Price Gets Ready to Fly
12.12.2023
Tuesday, December 12, 2023 – GameFi meme coin Wall Street Memes, fresh from the launch of its Casino and Sportsbook, has rolled out hourly buybacks and an unprecedented commitment to transparency with a new token dashboard as the project preps for a price explosion. Visit web3.wsmcasino.com...
Web3 Companies Create Universal Privacy Alliance To Safeguard Digital Privacy Rights
12.12.2023
Source: Pixabay A coalition of web3 companies have established the “Universal Privacy Alliance” with the aim of safeguarding digital privacy rights. Nym, Protocol Labs, the Filecoin Foundation, Oasis, Aztec, and various other entities are part of the Universal Privacy Alliance (UPA). The alliance...
BNB Chain’s New Roadmap Prioritizes Blockchain Adoption, Web2 and AI Support
12.12.2023
Source: AdobeStock / akif BNB Chain has unveiled the roadmap for the Greenfield decentralized storage network targeting web2 and web3 integrations and better innovation to drive blockchain adoption. In a Dec 12 statement, the company highlighted key areas of Greenfield’s development roadmap...
A Difficult Truth: The Unspoken Mismatch of Web3 and Generative AI
12.12.2023
Generative AI workloads are designed to be computationally intensive, running on highly parallelizable GPUs. What role does that leave for blockchain? Jesus Rodriguez, of IntoTheBlock, explores one possible solution
Dubai Grants Climate-based AYA Platform Conditional VARA License
12.12.2023
Image Source: Pixabay Dubai’s financial regulator, the Virtual Asset Regulatory Authority (VARA) has issued a conditional operating license to AYA Platform, a web3 launchpad subsidiary of Enjinstarter. In a recent press release, the company disclosed the regulatory nod obtained by VARA to operate...
Flux delivers Proof of Useful Work (PoUW) and FluxCore
12.12.2023
Flux has developed Proof of Useful Work and FluxCore, its client application, as a result of taking into account the many aspects of Proof of Work technology. According to NiceHash, a platform focused on Bitcoin, Daniel Keller, co-founder of Flux, has been conducting extensive research...
Polygon Portal: Explore the Future of Web3 User Experience
12.12.2023
By means of the Polygon Portal, users will have the ability to effortlessly transfer funds between Polygon chains and Ethereum, as well as oversee all of their assets on Polygon chains. Polygon Portal is a unified user interface that enables users to bridge and manage their digital assets without...
Unveiling Insights from Magic Labs’ Comprehensive WaaS Selection Guide
12.12.2023
In today’s expansive Web3 realm, choosing the right Wallet-as-a-Service (WaaS) provider is a decision of paramount importance for modern, forward-thinking enterprises. In this regard, Magic Labs, a WaaS provider helping businesses onboard users into web3 with instant non-custodial wallet creation...
Decrypt and Rug Radio Announce Merger, Will Create Global Web3 Publishing Company
11.12.2023
Source: PixabayCrypto news site Decrypt and decentralized media project Rug Radio will merge operations next year, with the goal of creating a global Web3 publishing company. In a joint press release on Monday, the companies announced that the merger would result in the creation of [REDACTED],...
BankSocial’s Crypto-Friendly Credit Union, Seagrass & Hashgraph Association’s Carbon Credit Web3 Identity Wallet + More News
11.12.2023
Source: AdobeStock / Andrey Popov Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: BankSocial Plans to Create a Crypto-Friendly Credit Union Seagrass and The Hashgraph Association Announce...
Pudgy Penguins Unveils Web3 Game ‘Pudgy World’ Powered by zkSync Era
11.12.2023
Source: pudgypenguins / Twitter Popular NFT project Pudgy Penguins has revealed the upcoming alpha launch of Pudgy World – a Web3 game based on the Ethereum Layer 2 network zkSync Era. According to the press release, the alpha will launch in Q1 of 2024. With it, Pudgy Penguins moves beyond...
Nigerian Web3 Startup Wicrypt Gets Grant From Microsoft to Develop Its Infrastructure Network
11.12.2023
Nigerian Web3 startup Wicrypt announced on Dec. 6 that it had received a $150,000 grant from Microsoft. The startup plans to use the grant to improve productivity around its decentralized physical infrastructure network development chain. In late November, Wicrypt also received a $200,000 grant...
AI & EV in Blockchain – eTukTuk Opens an Investment Opportunity to Not Miss Out For 2024
11.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. EV tokens, despite their immense potential, are relatively obscure. Over the last few years, Web3’s focus has derailed toward entertainment and quick gains. But things are changing for...
MetaMask Expands Global Presence With Payment Partnerships Across Six Countries
11.12.2023
Source: AdobeStock / golibtolibov MetaMask, a prominent cryptocurrency software wallet, has announced its expansion into six countries through new partnerships. The Web3 wallet provider has collaborated with VietQR and Mobile Money in Vietnam, GCash in the Philippines, QRIS in Indonesia, Thai...