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Animoca Brand Japan and KDDI collaborate to boost Web3 usage
5.3.2024
Animoca Brands Japan and KDDI Corporation established an exclusive partnership to accelerate the widespread adoption of Web3. Concurrently, an association is established between Mocaverse and αU (AlphaU). Animoca Brands and KDDI aim to provide enhanced interoperable visibility specifically for Web3...
Hong Kong to Kickstart New Web3 and Digital Yuan Initiatives This Year
5.3.2024
The city of Hong Kong has detailed the advancement of new Web3 and digital yuan initiatives as part of its 2024-2025 budget. In a speech, Hong Kong Financial Secretary Paul Chan stated that the city would expedite a Web3 sandbox for stablecoins and expand the digital yuan pilot as part of...
Avail’s Testnet Surpasses 100 Million Transactions, Showcasing Mainnet Capability
5.3.2024
With the completion of over 100 million transactions on the Goldberg testnet, Avail prepares for a mainnet launch that could enhance layer-2 efficiency and interoperability.
The post Avail’s Testnet Surpasses 100 Million Transactions, Showcasing Mainnet Capability appeared first on Cryptonews
Traders Predict This Coin Can 25x By The End Of 2024
2.3.2024
A new meme coin called Frogwifhat ($FWIF) is creating a buzz in web3 circles as traders predict this coin can 25x by the end of 2024.
The post Traders Predict This Coin Can 25x By The End Of 2024 appeared first on Cryptonews
DeFi Exploits in February Cause Losses of $82 Million With Just $1.3 Million Recovered: Report
1.3.2024
A report sent to Cryptonews by web3 app and antivirus solution De.Fi noted that $82,287,101 was lost in February 2024 from security incidents, with just $1,325,932 recovered.
The post DeFi Exploits in February Cause Losses of $82 Million With Just $1.3 Million Recovered: Report appeared first...
Nokia Aims for Metaverse Expansion in 2030 Strategy
1.3.2024
Nokia is gearing up for a surge in network demand driven by anticipated advances in the metaverse, Web3, and artificial intelligence (AI) by the year 2030.
The post Nokia Aims for Metaverse Expansion in 2030 Strategy appeared first on Cryptonews
Robinhood and Arbitrum unite for easy L2 access
1.3.2024
Leading trading platform Robinhood announced at ETHDenver that it has teamed up with well-known L2 solution Arbitrum to offer enhanced functionality to users of decentralized finance (DeFi) through Robinhood Wallet. This partnership has made the complex world of L2s more approachable. Users of...
Coinbase to build a new suite of wallet solutions for developers
1.3.2024
Coinbase recently announced the development of a new suite of wallet solutions. The suite will help developers onboard new users seamlessly. Getting new users acquainted with on-chain applications is a complicated process. That is why Coinbase will simplify steps like transaction signing, gas fees...
Web3 Lost Over $200 Million to Hackers in Two Months of 2024, More to Come – Immunefi
29.2.2024
"2024 will likely witness the most substantial losses in Web3 ever in terms of volume of funds," Jonah Michaels, Comms Lead at Immunefi, told Cryptonews.
The post Web3 Lost Over $200 Million to Hackers in Two Months of 2024, More to Come – Immunefi appeared first on Cryptonews
Japan Positioned as Global Leader in Compliant Crypto Payments, Says Report
28.2.2024
Japan is a global leader in compliant crypto payment services, according to a report published today by independent finance news outlet FinanceFeeds. The conclusion comes off the back of an announcement by Japanese Web3 payments app Slash that it has facilitated a total of more than $10,000,000...
3 Crypto Experts Predict This New Coin Might 50x In March
28.2.2024
A just-launched meme token called FrogWifHat (FWIW) is generating a significant buzz within web3 circles as it attempts to emulate the viral success of its predecessor Dogwifhat (WIF), with three crypto experts predicting this new coin might 50x in March.
The post 3 Crypto Experts Predict This...
Root Protocol announces a strategic partnership with Ankr
28.2.2024
Root Protocol announced joining hands with Ankr. The Protocol has called its association with the provider of blockchain infrastructure and developer tools a strategic partnership. The objective is to strengthen the technical capabilities and achieve the mission of revolutionizing Web3...
Humanity Protocol Secures Funding From Top Crypto VCs for Web3 ID Solution
28.2.2024
Polygon-backed Humanity Protocol has secured strategic investments from over 20 crypto venture capital firms for its privacy-centric Web3 identity solution.
The post Humanity Protocol Secures Funding From Top Crypto VCs for Web3 ID Solution appeared first on Cryptonews
OKX Launches Crypto Exchange in Turkey, Expanding DeFi
27.2.2024
OKX, a leading global Web3 technology company and crypto exchange, has officially unveiled OKX TR, its crypto exchange tailored for users in Turkey.
The post OKX Launches Crypto Exchange in Turkey, Expanding DeFi appeared first on Cryptonews
Dechat Accidentally Shares Honeypot Scam Link in Token Announcement
26.2.2024
New Web3 project Dechat has drawn attention after unintentionally sharing a honeypot scam link during its token announcement on February 26. This mistake was brought to the project’s notice by popular crypto investigator ZachXBT.
The post Dechat Accidentally Shares Honeypot Scam Link in Token...
OpenSea NFT Delisting Sparks Retaliatory Move from Game Developers
26.2.2024
OpenSea, once a dominant force in the NFT marketplace, has hit turbulent waters. The platform finds itself metaphorically shipwrecked along the digital shores of the Web3 game OpenSeason. This dramatic turn of events comes after OpenSea made the controversial decision to delist the game’s...
Saudi Arabia Rolls Out Metaverse Initiative to Celebrate Cultural Heritage
26.2.2024
The Saudi Arabian government has launched a metaverse to display the country’s cultural heritage which includes history, arts, and crafts.
The post Saudi Arabia Rolls Out Metaverse Initiative to Celebrate Cultural Heritage appeared first on Cryptonews
Flux boosts Presearch with node hosting deals
26.2.2024
Flux’s blockchain infrastructure platform is changing the way blockchain nodes are hosted and offering a comprehensive range of services through its marketplace. Since more than three thousand blockchain nodes are now operating, the platform provides a broad network of 12,000 devices, making...
Wallet Watcher by Phantom Wallet goes live
26.2.2024
Phantom announced that it has officially launched Wallet Watcher for Phantom Wallet. The functionality enables users to add a wallet of their preference as a view-only account on the platform. This grants others the ability to access the accumulation of top collectors without revealing a lot...
OVERDARE and Circle aim to promote mobile gaming and Web3
26.2.2024
OVERDARE, Inc., a formidable partnership between KRAFTON, Inc. and NAVER Z Corporation—pioneers in the gaming and metaverse industries—has announced an unprecedented alliance with Circle Internet Financial. Circle, a prominent financial company and issuer of USDC, the top regulated USD-backed...