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China’s Ministry of Industry Aims to Foster NFT and Dapp Growth Despite Crypto Ban
20.12.2023
Source: AdobeStock Lukas / Hlavac China’s Ministry of Industry and Information Technology has published a document outlining its current and future work on developing Web3 and related technologies, including metaverse, non-fungible tokens (NFTs), and decentralized apps (dapps). The document...
Indonesia Presidential Candidate Pledges to Foster Blockchain and Crypto Expertise in the Country
19.12.2023
Image Source: Pixabay Gibran Rakabuming Raka, a vice presidential candidate in the upcoming Indonesian election, aims to accelerate Indonesia’s position as a leader in the digital revolution by cultivating expertise in blockchain and cryptocurrencies. Gibran, the eldest son of President Joko...
Blockchain Meets AI: Ethereum’s Early Investors Dive into New Era
15.12.2023
Source: Adobe Investment firm cyber.Fund, known for its early support of Ethereum (ETH), has committed $100 million to projects at the intersection of blockchain technology, artificial intelligence (AI), and the Internet of Things (IoT). With previous investments in Cosmos, Solana, and Polkadot...
Digital Asset Exchange OKX Joins Ethereum Climate Platform to Foster Sustainability
6.12.2023
Source: AdobeStock / AndriiKoval OKX Ventures, the investment arm of cryptocurrency exchange OKX has joined the Ethereum Climate Platform (ECP) to partner towards sustainable climate goals. In a Dec 6 press release, the company announced the decision to join the platform and highlighted plans...
Vitalik Buterin Plans to Redesign Ethereum Staking, Praises UTXO Payment Model
27.11.2023
Source: ETHWORLD / YouTube In a recent interview with the NFT platform Defiant during his visit to Turkey, Ethereum co-founder Vitalik Buterin tackled the issue of staking centralization within the Ethereum network. Buterin highlighted the necessity to revamp Ethereum’s staking mechanism...
China Asset Management Signs MoU with Hashkey Exchange to Promote Web3 in Hong Kong
20.11.2023
Source: LT/Adobe China Asset Management’s Hong Kong branch has entered into a memorandum of understanding with Hashkey exchange and HamsaTech Hong Kong. The collaboration aims to jointly foster and develop Web 3.0 initiatives within the asset management sector in Hong Kong. Hong Kong Looks...
TRON partners with Pundi X to foster crypto adoption
9.11.2023
TRON, an internationally acclaimed company in the blockchain arena, has formed an association with Pundi X. This company offers blockchain-oriented point-of-sale (POS) services. The highlight of this association is the incorporation of PundiX’s XPOS platform with the TRON network. This was made...
Animoca Brands and NEOM company to foster regional Web3 growth
31.10.2023
Animoca Brands Corporation Limited, or the Company, has formally announced its exclusive partnership with NEOM Company (NEOM). In accordance with the memorandum of understanding signed by both parties, they will continue to promote local Web3 initiatives in line with Saudi Vision 2030....
Solana Joins Dubai’s Largest Free-Trade Zone to Foster Web3 Adoption
16.10.2023
Solana Foundation, the nonprofit organization behind the layer-1 blockchain Solana, has joined the largest free trade zone in the UAE – the Dubai Multi Commodities Centre (DMCC) – as an ecosystem partner, to tap into the Web3 value in Dubai.
The collaboration will enable Solana to offer technical...
Nine Crypto Firms in Taiwan Form Working Committee to Foster Regulatory Push
26.9.2023
Taiwan’s crypto community is coming forward to establish a working group in mid-October to “effectively integrate” digital currency adoption and self-compliance, in a move to “establish an effective and smooth communication channel with the government.”
According to a press release, nine...
Bitget Unveils $100M Fund to Expand Ecosystem and Foster Strategic Partnerships
12.9.2023
Bitget, a crypto exchange platform, announces a new $100 million to focus on the growth of its ecosystem. The fund is believed to be focused on developing regional exchanges, analytics firms, and media organizations.
Bitget, the Seychelles-based company, commenced a series of funding earlier this...
Crypto grants foster innovation amid venture capital exodus
18.8.2023
Alternative funding options, such as grant programs, have grown in popularity as the bear market continues to slash venture capital from the crypto industry
Curate and Mises Browser team up to foster innovation in Web3
25.7.2023
Mises Browser has announced joining hands with Curate, enabling the gasless cross-chain NFT marketplace to get listed on the mobile browser. Mises will now make it easier for its users to access the marketplace while also entering it into the list of security whitelists. Simply put, Curate gains...
FCA Launches Permanent Digital Sandbox to Foster Fintech Innovation
21.7.2023
The UK's Financial Conduct Authority (FCA) has announced the launch of a permanent version of its Digital Sandbox.
Building on the success of its trial phase, the sandbox will provide firms with a secure environment to test their products at an early stage of development, the regulator said...
BLU Mission Forms Strategic Partnership with Unidef to Foster Decentralization
10.7.2023
PRESS RELEASE. Dubai, UAE — July 10, 2023 – Today, BLU Mission, an organization committed to the growth and integrity of the broader crypto ecosystem, is excited to announce its partnership with Unidef (unidef.org). The collaboration aims to expedite the transition towards a decentralized...
LBank Labs Launches $10 Million MEME Special Fund, Aiming to Nurture High-Quality Early-Stage Innovation Projects
4.7.2023
PRESS RELEASE. LBank Labs, the venture capital arm of the global exchange LBank, has today announced the establishment of a $10 Million MEME Special Fund. The move is intended to encourage high-quality early-stage innovative MEME projects, foster industry growth, and give back to the wider...
Tanzanian Central Bank Says Forex Restrictions Intended to ‘Safeguard the Stability of the Financial System’
3.6.2023
The Tanzanian central bank said on May 31 that foreign currency dealers are required to trade all transactions that exceed $1,000,000 within “interbank foreign exchange market prevailing quoted prices.” According to the Bank of Tanzania, the latest directives are intended...
Pi Network Unveils Web3 Social Platform Fireside Forum to Foster Positive Online Interactions
1.6.2023
Web3 app ecosystem Pi Network has launched a "self-moderating" social platform with integrated tokenomics, meant to encourage better content and raise accountability - where users pay to post.
Founded in 2018, Pi Network is described as a community of Pi miners who are working on building the Web3...
Beijing Unveils 'Web3 White Paper' to Foster Innovation and Advancing the Industry
28.5.2023
The Beijing Municipal Science and Technology Commission has released a white paper in a bid to foster innovation and development within the Web3 industry.
Dubbed the "Web3 Innovation and Development White Paper," the paper was unveiled at the Zhongguancun Forum by the Beijing Municipal Science...
Nigerian Government Greenlights Policy to Foster Blockchain-Based Economy – Details
5.5.2023
Nigeria Federal Executive Council approved a national blockchain policy in a meeting on May 3, 2023.
This policy will enable the country to develop a proper regulatory framework for blockchain adoption.
Nigeria is one of the nations whose citizens have an avid interest in cryptocurrencies. ...