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Fortnite Developer Epic Games Lays Off 16% of Staff Following Metaverse-Inspired Transition
29.9.2023
The game's growth is now primarily driven by creator content, meaning lower revenue for Epic as the revenue is shared around more
Astar uses Gelato’s zkRaaS platform for native zkEVM launch
29.9.2023
Astar has announced that it is partnering with Gelota, for it carries the potential to bring success to Astar in Web3. The objective here is to launch its first zkEVM by leveraging the capabilities of Gelato’s zkRaaS – zkRollup as a Service. Astar has chosen Gelato out of all the available...
Non-Regulation of Web3 Space Making ‘Mainstream Adoption Harder’ Says AGG’s Jack Vinijtrongjit
29.9.2023
According to Jack Vinijtrongjit, the co-founder and CEO of the Web3 infrastructure company AAG, more prospective users will be drawn to decentralized finance (defi) and non-fungible tokens (NFTs) if tools that help them avoid falling prey to scammers are developed and deployed. Vinijtrongjit argued...
Binance Ending Operations in Russia — Crypto Exchange to Focus on 100+ Other Countries
29.9.2023
Crypto exchange Binance is closing down all exchange services and business lines in Russia. The company has entered into a sales agreement with Commex. A Binance executive explained that operating in Russia is not compatible with the company’s compliance strategy. “We remain confident in...
Is Frontier Going to Zero? FRONT Price Keeps Falling as New Crypto Trading Project Raises $1.75 Million
29.9.2023
The crypto known as FRONT's price has recently experienced a sharp retracement, halting its continued uptrend of the past two weeks.
Frontier (FRONT) saw a significant 33.17% decline yesterday, which was further exacerbated by an additional nearly 20% drop today. However, a broader market uptrend...
A16z Crypto Adds IYK to Portfolio After $16.8 Million Investment in Web3 Startup
29.9.2023
IYK, a Web3 startup that provides tools to Adidas, Billionaire Boys Club, and Atlantic Records as clientele, has secured a seed round raise worth over $16.8 million.
Founder Ryan Ouyang shared this significant achievement on his official X (formerly Twitter) account, highlighting that...
Median Web3 developer salary stands at $128K in 2023
28.9.2023
In a recent Pantera survey, less than 2% of respondents said they worked full-time in an office setting, with the rest working remotely
Tottenham Hotspur taps Chilliz blockchain for Web3 fan token
28.9.2023
Spurs becomes the first Premier League team in two years to issue its own fan token on the Chiliz blockchain
OKX Ventures collaborates with 0xScope
28.9.2023
OKX Ventures is pleased to announce that it has forged an exclusive collaboration with 0xScope, which is a data intelligence platform providing a knowledge graph protocol dedicated to Web2 and Web3 data. The data-centric requirements of Web3 VC firms, Layer 1 and Layer 2 ecosystems, blockchain...
ICC partners with NEAR Foundation to engage fans via Web3
28.9.2023
ICC has announced a multi-year partnership with the NEAR Foundation. The objective is to deepen engagement with cricket fans during the upcoming ICC ODI World Cup 2023, which India will host. Following the tournament’s conclusion, the ICC and NAR Foundation will work to strengthen the loyalty...
Protocols Must Deploy “Asymmetric Countermeasures” to Counter Code Vulnerability Exploiting Hackers — Spherex CEO
28.9.2023
While both attackers and smart contract auditors are motivated to find vulnerabilities in code, according to Eyal Meron, the co-founder and CEO of Spherex, the former “is always more incentivized as the protocol’s total value locked (TVL) grows.” To overcome this challenge, Meron...
Minecraft bans Bitcoin P2E, iPhone 15 & crypto gaming, Formula E: Web3 Gamer
28.9.2023
Microsoft bans play-to-earn Bitcoin Minecraft server Satlantis, iPhone 15 has big potential for crypto gaming, Formula E preview, and more
How AI is changing crypto: Hype vs. reality
27.9.2023
In the latest Cointelegraph Report, we assessed the value AI is bringing to the crypto industry, by separating the hype from real use cases
Cricket World Cup to feature Web3 fan app as ICC taps into NEAR blockchain
27.9.2023
The International Cricket Council will leverage NEAR's Blockchain Operating System to power a Web3 fan engagement app during 2023 Cricket World Cup in India
Google paves way for AI-produced content with new policy
27.9.2023
A subtle change to the description of Google Search’s helpful content system could very well be the beginning of a new era of content distribution on the internet. Something to be embraced or a pause for thought?
Web3’s resilience amidst the bear market: A promising horizon awaits
27.9.2023
In the bear market's quiet, there is ample room for ideation, innovation and the laying of a foundation that will not just withstand, but thrive, in the subsequent bull market
VR46 offers motorsport enthusiasts a unique Web3 experience
27.9.2023
Valentino Rossi’s company, VR46 Metaverse, has announced its partnership with Animoca Brands and Gravitaslabs to market ValeVerse. The Web3 and metaverse experience will go live on The Sandbox as the very first step of the roadmap. The development has been confirmed by Animoca Brands, further...
SCBX forges a fresh collaboration with Hashed
27.9.2023
SCBX of Thailand, along with Hashed of Korea, have forged a fresh association. This is to take forward R&D-related activities to help improve decentralized technology adoption. Their aim is to begin with the regional space and, over time, cross the boundaries and go international. According...
Web3 Lost Over $890 Million to Hacks and Scams in Q3 2023: Boesin
27.9.2023
Beosin EagleEye platform, a subsidiary of Beosin, a blockchain security audit company, revealed in a research report that Web3 lost approximately $890 million to various security breaches, phishing scams, and rug pulls in the third quarter of 2023.
Breaking down the losses, it was revealed that...
Digital Arm of Thailand’s SCBX and Korean Web3 Firm Hashed Ink R&D Partnership
27.9.2023
The partnership comes weeks after KBank, rival of SCBX’s parent, announced a $100 million web3 fund