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Metaverse Startup Ready Player Me Raises $56 Million in Series B Led by Andreessen Horowitz

23.8.2022
The AI-generated avatar creation cross-platform for the metaverse, Ready Player Me, has raised $56 million in a Series B funding round led by Andreessen Horowitz (a16z). The startup’s co-founder and CEO Timmu Tõke says the funding will be used to scale the cross-platform metaverse...

What Is The Merge? A Brief Explanation of Ethereum’s Transition From Proof-of-Work to Proof-of-Stake

23.8.2022
In 23 days the Ethereum network will transition to a proof-of-stake (PoS) consensus algorithm after operating as a proof-of-work (PoW) blockchain since July 30, 2015. While the change may not mean much to ethereum users and traders, what’s changing under the hood is a very big deal....

Report: Investment Management Giant Invesco Launches Metaverse Fund

23.8.2022
The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious...

Facebook and Twitter will soon be obsolete thanks to blockchain technology

22.8.2022
On Web2 — Twitter and Facebook — users do not own their own content or followers. That isn't the case on Web3, where our corporate overseers will become powerless

Metaverse is a key factor in long-term NFT success, says new research

22.8.2022
The report states that global NFT transactions are projected to hit 40 million in the next five years

Ethereum advances with standards for smart contract security audits

22.8.2022
The Enterprise Ethereum Alliance has published a smart contract security audit specification to ensure consistency when it comes to smart contract security

Reports Say FTX Warns Customers Not to Interact With Aztec Network, CEO Sam Bankman-Fried Responds

21.8.2022
According to reports on social media, a number of users have complained that FTX has blocked a transaction that was associated with the Aztec Network’s zkmoney privacy technology. Following the accusations, FTX CEO Sam Bankman-Fried explained that transactions are monitored for...

Qatari National Blockchain Blueprint Spotlights Benefits of the Technology to Country’s Economy

19.8.2022
Qatar’s recently released “National Blockchain Blueprint” has suggested that the technology, combined with a “solid regulatory framework,” can help the country build an innovative information technology (IT) sector. However, for this to happen, Qatar must...

Ethereum Foundation Makes It Clear The Merge Will Not Improve Fees and Throughput

17.8.2022
On Wednesday the Ethereum Foundation clarified that The Merge will not reduce onchain fees as the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoW) is now 29 days away. Amid The Merge update from the Ethereum Foundation, during the last month, Ethereum network costs...

Lido Finance Partners With KyberSwap Elastic to Enhance Liquidity on Polygon With Over $120,000 in Liquidity Mining Rewards

17.8.2022
Singapore — August 17th – Lido Finance, a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic. Lido Finance is the largest platform for liquid staking services on Ethereum. Powering DeFi and CeFi applications alike with their technology, Lido...

8 Books That’ll Challenge, Deepen, And Change Everything You Know About Video Games

16.8.2022
Books about video games can be enchanting and inspiring, and as easy to dive into as the immersive medium that inspired them. Whether you’re looking to enjoy your hobby from fresh new angles or just need something to read as you lounge in the sand in the final ocean-friendly days of summer, I’ve...

Organizations look toward multiparty computation to advance Web3

16.8.2022
Multiparty computation is being leveraged to ensure private key security and decentralization within Web3 platforms. But why use it?

Someone Got Doom Running On A Farm Tractor

15.8.2022
One day, the classic 90s shooter Doom will be playable on every single electronic device with a screen. We aren’t quite there yet, but thanks to some crafty hackers you can now play id’s seminal shooter on a jailbroken farm tractor because we live in the weirdest, dumbest cyberpunk future...

Iskra Redefines Game Publishing at Korea Blockchain Week, Announces New Games

13.8.2022
PRESS RELEASE. SEOUL – Iskra took the stage at Korea Blockchain Week, outlining their vision of game publishing in the era of Web3. “The technology is now available for us to provide an ecosystem that enables better outcomes for everyone: players, game developers and the platform...

Reinventing yourself in the Metaverse through digital identity

11.8.2022
Metaverse users can reinvent themselves with a digital identity built upon avatars and digital assets, but there are challenges to consider

Web3 helps Taiwan secure information against cyberattacks

11.8.2022
In an effort against Chinese cyberattacks, Taiwan employs Web3 technology for decentralized file sharing post-Pelosi visit

Moroccan Capital Markets Regulator Launches Fintech Portal

11.8.2022
The Moroccan Capital Market Authority (AMMC), the capital markets regulatory body in Morocco, announced recently that it has launched a fintech portal on its website. The new portal has been created in order to facilitate exchanges between the regulator and “companies involved in...