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Jack Dorsey-Backed Decentralized Social Network Bluesky Gets 30,000 Signups in 48 Hours
20.10.2022
The Web3 social media protocol aims to solve the issues associated with data silos that exist across today’s applications
Multicoin-Backed Sports Startup Pitches NFTs as Ticket to Fan Experiences
20.10.2022
Walmart-Backed Indian Commerce Giant Flipkart to Allow Customers to Buy Items in the Metaverse
19.10.2022
As Indian online retail giant Flipkart seeks more digital interaction with its customers, the company has announced it will initiate a metaverse offering, Flipverse, enabling them to access “gamified, interactive and immersive” experiences through the firm’s app. ...
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Azuki launches Physical Backed Token(PBT)
19.10.2022
Azuki has introduced the Physical Backed Token (PBT) to the community, enabling the members to tie physical items to digital tokens. PBT is an open-source token standard with its first implementation already in place. It uses a BEAN chip to create a unique experience called scan-to-own through...
NFT project Azuki launches Physical Backed Token
18.10.2022
The company said that the open-source token standard intends to tie a physical item to a digital token on the Ethereum blockchain
Indian Commerce Giant Flipkart Will Allow Customers to Purchase Items in the Metaverse
18.10.2022
Flipkart, the Walmart-backed Indian e-commerce giant, has launched a pilot to allow its customers to experience making purchases in a metaverse environment. The company announced the launch of its own metaverse, called Flipverse, in which several brands will be able to offer their own shopping...
VC-Backed Blockchain Project Aptos Reveals Protocol’s ‘Mainnet Has Arrived’
18.10.2022
A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such...
FTX, a16z-Backed Aptos Blockchain Off to a Rocky Start
18.10.2022
Transaction speeds and tokenomics disappoint on the first day of transactions for the "Solana-killer" chain run by ex-Meta employees
USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3%
17.10.2022
19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44.93 billion. Statistics show that during the last three months, USDC’s market...
Binance-Backed Blockchain Completes Hard Fork to Mitigate Future Cross-Chain Bridge Hacks
12.10.2022
The Bnb Smart Chain commenced the blockchain’s hard fork on October 12, at block height 22,107,423, in order to add a security patch to “mitigate the cross-chain infrastructure between [the] Beacon Chain and Smart Chain.” Binance and the Bnb Smart Chain suspended withdrawals...
Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto
12.10.2022
European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part of the latest EU anti-money laundering push. European Union’s MiCA Crypto...
Celebrity-Backed Fintech for Teens, Step Receives $300M in Debt Funding
11.10.2022
The app also launched a crypto trading feature, starting with bitcoin
Multiverse Labs launches government-backed metaverse city in UAE
10.10.2022
Multiple emirates in the UAE are looking to the metaverse to boost tourism in their respective regions. Sharjah now joins Dubai in broadening its Web3 ambitions
Snoop Dogg Associate Joins Gala Music Board, Death Row Records Steps Closer to Blockchain Commitment
8.10.2022
After the rap star Snoop Dogg acquired Death Row Records in February, the hip-hop legend explained that he would transform Death Row into a non-fungible token (NFT) label backed by blockchain technology. On Thursday, Snoop’s brand partnership manager Nick Adler joined a newly-created Gala...
Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4%
7.10.2022
On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s...
Decentralized Web3 Protocol Golden Raises $40 Million Backed by A16z
5.10.2022
Golden, a startup that seeks to build a decentralized data hub, has raised $40 million dollars in a Series B funding round. The round, which was led by a16z crypto, will allow the company to keep building its concept, which revolves around combining data submission and validation with Web3-based...
Three Arrows-Backed 'Starry Night' NFT Collection Moved to Gnosis Safe
4.10.2022
The crypto hedge fund had planned to assemble the world’s finest collection of crypto art before going bankrupt
Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days
29.9.2022
Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market capitalization, USDC has been above...
Steve Cohen-Backed Firm Invests $10M in Web3 Game Marketplace AQUA
28.9.2022
The hedge fund billionaire has invested in crypto projects since 2018
Market Maker Flowdesk to Join With Jump-Backed Pyth Network to Improve Access to Blockchain Data
28.9.2022
Flowdesk hopes the partnership will help DeFi users and developers gain ready access to institutional-quality market data