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Binance Labs Leads $4M Funding for AI Blockchain Data Firm Web3Go


Singapore-based blockchain start-up Web3Go has raised $4 million in a seed round led by Binance Labs, the venture capital and incubator arm of crypto exchange giant Binance. According to the press release, other participants in the seed round financing included Hashkey Capital, NGC, Shima Capital...

Animoca Brands announces strategic agreement with Farcana


Animoca Brands has announced entering into a strategic agreement with Farcana, a Web3 team arena shooting game. It is yet to be released, but the game has started making the buzz for all the right reasons. A partnership with Animoca Brands signals the commitment with which it wants to serve...

zkPass announces partnership with Polyhedra Network


zkPass has announced its plans to partner with Polyhedra Network. Details of the partnership are unavailable; however, it is clear that the partnership will be strategic in nature. The goal is to boost interoperability between Web2 and Web3 ecosystems. Moreover, Polyhedra Network and zkPass...

Web3 Industry Losses Topped $656 Million in H1 of 2023 — Study


Hackers stole about $471 million in the first six months of 2023 and the theft of $197 million from Euler Finance in March was the single biggest hacking incident in the period, the latest Beosin Web3 report has shown. Contract vulnerability was the most common (60) type of attack during the period...

ETHCC will host BNB Chain’s Innovation Night on July 19


Binance recently announced the venue and date for its upcoming event. Titled BNB Chain’s Innovation Night, the exclusive event will be held in Paris. The latest official post by Binance also stated that the exclusive event will offer engaging discussions, networking opportunities, and a chance...

Blockchain Scaling: Near Sharding versus Ethereum Layer-2s


Blockchain technology is here to stay; implementing scalable solutions is the only option. Now, there are two separate approaches gaining traction in the current times. One deals with Near sharding, and another deals with Ethereum Layer-2. Both have a substantial fanbase to their names; however...

iExec brings out the enhanced tool for Web3 marketing


iExec has introduced two new developers tools to help them undertake marketing campaigns without exploiting users and their data. The tools are iExec DataProtector and iExec Web3Mail. iExec has introduced these marketing tools to make sure that Web3 marketing does not follow in the footsteps...

Dappradar: Metaverse Projects Command 43.68% of the Web3 Investments in 2023


While metaverse and virtual world projects have nosedived, a recent report of Dappradar, a Web3 tracking site, has revealed that venture capital firms have invested $707 million in these projects since the start of 2023. This means that, even when the metaverse narrative was substituted by meme...

Hong Kong Task Force appoints Yat Siu on the table


Animoca Brands is now seeing its Co-Founder and Executive Chairman climb up the ladders in Hong Kong. The country is on the edge of becoming a global hub for Web3 and metaverse segments. Assuming things move seamlessly, it could also host digital tokens for the world. While that is a far-fetched...

Harry Styles' Concert App Introduces Blockchain Rewards for Fans


5,000 fans of British megastar Harry Styles recently used an app that allowed them to open a self-custodial wallet in which to keep their blockchain-based rewards. The former One Direction member held a concert in Ireland on June 10. The sold-out show saw 80,000 attendees.  All these people were...

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