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Web3 Lost Nearly $4 Billion To Fraudsters Last Year - Will Things Improve in 2023
7.1.2023
The crypto industry lost approximately $4 Billion worth of digital assets to hacks, fraud, scams, and rug pulls last year, a more than 50% decline compared to over $8 billion stolen in 2021.
According to a recent report by Immunefi, a bug bounty and security services platform for the Web3...
Web3 Company Animoca Brands Lowers Fundraising Goal to $1 Billion in Q1 2023
7.1.2023
Animoca Brands, a Web3 gaming-focused company, has announced it is now targeting a raise of $1 billion for a fund directed to inject help for already established blockchain projects. The number is significantly lower than the $2 billion the company announced back in November as an upper limit...
NFT Marketplace SuperRare Cuts Staff by 30%
7.1.2023
CEO John Crain said the company overhired during the market upswing and could not sustain its growth in recent months
NFT Collective PROOF Signs with United Talent Agency
7.1.2023
The company behind the popular NFT project Moonbirds hopes to expand its partnerships and grow its brand beyond a Web3-native audience
Mastercard partners with Polygon to launch Web3 musician accelerator program
7.1.2023
The program will help five emerging artists set up and manage their brands in the Web3 space, and is also aimed at educating people in the music scene on what avenues Web3 tech can offer them
Polygon Paid Top Solana Projects Y00ts and DeGods $3M to Migrate Chains
6.1.2023
DeLabs, the company behind the NFT projects, received a "$3M non-equity grant" from the layer 2 chain to fund its expansion
Huobi net outflows crossed over 60M within the past 24 hours: Report
6.1.2023
According to a report by Nansen, approximately $94.2 million has flowed out of the exchange within the past week
How Smart TVs Could Help the Metaverse Crack the Mass Market
6.1.2023
Web3 features are just beginning to appear on smart TVs, but they could become an on-ramp for general consumers
Marathon Digital experiments with overclocking to increase competitive advantage
6.1.2023
According to the company, it produced 475 BTC in December 2022, bringing its total mined Bitcoins in the fiscal year of 2022 to 4,144 BTC
NFT Steez and Lukso co-founder examine the implications of digital self-sovereignty in Web3
6.1.2023
NFT Steez chats with Lukso co-founder Marjorie Hernandez about how Universal Profiles onboards and empowers users with digital self-sovereignty
MSafe raises $5M for Web3 financial services
6.1.2023
MSafe recently announced concluding a seed funding round, collecting $5M. Known for developing the first multi-signature wallet platform on Aptos. The round was led by Jump Crypto, while names like Coinbase Ventures, Circle Ventures, Redpoint Ventures, Superscrypt, Shima Capital, SV Angel, Spartan...
2023 could be a rocky year for crypto venture investments: Galaxy Research
6.1.2023
Around $30 billion was invested into crypto and Web3 startups in 2022, but will it be repeated this year?
Shopify Merchants Can Now Design, Mint and Sell Avalanche NFTs
5.1.2023
The new integration streamlines the NFT process for buyers and sellers
Redeeming physical NFTs: Easier said than done?
5.1.2023
A number of challenges must be overcome in order for “phygital” NFT projects to gain traction
StarkNet overhauls Cairo programming language to drive developer adoption
5.1.2023
Ethereum layer-2 scaling platform StarkNet has revamped its Cairo programming language to enable easier onboarding of new developers
Code4rena merges with zkSync to audit smart contracts
5.1.2023
zkSync is very pleased and takes great pride in making its official announcement of Code4rena, having completed successfully auditing their newly launched Baby Alpha. They had joined forces for the same and zkSync’s smart contracts. Where Code4rena is concerned, its entire aim and focus are...
Hong Kong lawmaker wants to turn CBDC into stablecoin featuring DeFi
5.1.2023
A Hong Kong official believes that a government-backed stablecoin would serve as a better entry point to Web3 compared to private stablecoins
Web3 game world witnesses a native open-world game in 2023: Alaska Gold Rush
5.1.2023
GameSwift is indeed very pleased and takes great pleasure in making its official announcement of having delivered the online game Alaska Gold Rush on its own platform. The game also happens to be the very first Web3 conventional open-world game expected to create immense waves where the metaverse...
Virtualness inks an exclusive multi-year Web3 deal to PBA’s digital collectibles
5.1.2023
Virtualness has just signed an excellent deal with the Philippine Basketball Association (PBA). This happens to be a multi-year Web3 deal. Besides other factors, the prime aim and intention of this collaboration is for all Filipino basketball fans to be able to engage in a far better and different...
Web3 Builders Lose Dozens of High-Value NFTs in Back-to-Back Attacks
5.1.2023
CloneX COO Nikhil Gopalani and prominent NFT collector CryptoNovo lost NFTs estimated to have been worth hundreds of thousands of dollars to scammers