Search Results for: Web3

Web3 and Crypto Security Challenges Remain Persistent Issue in Q3 with Over $753M Stolen by Bad Actors – Report

CertiK has released their latest Hack3d: The Web3 Security Quarterly Report for Q3 2024. CertiK notes in a blog post that their Hack3d: The Web3 Security Report for Q3 2024 aims to serve as an essential resource and record of statistics for understanding security challenges… Read More

Web3 focused Borderless Capital Announces $100M Fund to Enable DePIN Development

Borderless Capital, a Web3 investment manager, has launched its third DePIN-focused fund, a $100 million fund designed to accelerate the growth and development of Decentralized Physical Infrastructure Networks (DePIN). The DePIN Fund III is backed by prominent investors, “including peaq, Solana Foundation, Jump Crypto, IoTeX,… Read More

Digital Assets Firm Transak Announces Launch in Hawaii to Provide a Gateway to Web3 for Individuals and Businesses

Hawaii has recently adopted a more welcoming stance towards cryptocurrency. As the Aloha State ventures further into the world of cryptocurrencies and blockchain technology, Transak is pleased to announce its official launch in Hawaii, “providing a much-needed gateway to Web3 for individuals and businesses alike.”… Read More

Decentralized Data Infrastructure: Open Oracle Network DIA Announces New Oracle Architecture for Web3

DIA, the open oracle network, has announced a fully reimagined oracle architecture with ‘Lumina’. Launching its testnet soon, Lumina is designed to “address the persistent lack of truly decentralized and trustless data infrastructure for web3 and aspires to set new standards for oracles, while expanding… Read More

Web3 Security Incidents in August Led to $316 Million in Estimated Losses – SlowMist Update

In August 2024, the total losses from Web3 security incidents were estimated to be around $316 million. According to the SlowMist Hacked Archives, 28 hacking incidents were recorded, resulting in approximately $253 million in losses, with $13.58 million being recovered. The incidents were caused by… Read More

Web3 Platform Biconomy Now Live on Boba Network

Biconomy, a platform specializing in simplifying Web3 development through powerful and easy-to-use APIs, is now live on Boba Network. Biconomy offers a robust suite of tools that streamline transactions, “enabling gasless transactions, 1-click UX, and smart contract wallets.” This integration is set to enhance Boba… Read More

Digital Assets and Web3 Service Provider Hex Trust Announces Launch of Staking Partner Program

Hex Trust, a provider of digital asset solutions for institutional finance and the Web3 ecosystem, has announced the launch of its inaugural Staking Partner Program. This initiative will feature four infrastructure partners: Chorus One, Kiln, Luganodes and Twinstake. Hex Trust clients will be “able to… Read More

Ozys and Regtech Uppsala Security to Enhance Web3 Security

Uppsala Security, a provider of tools and services for crypto AML/CTF, transaction risk management, regulatory compliance, transaction tracking, and cybersecurity, is pleased to announce a partnership with Ozys, a blockchain technology company, with the goal of strengthening the security of the Web3 ecosystem. Ozys is… Read More

Soneium by Sony Block Solutions Labs to Support Future of Web3 Ecosystem

Soneium by Sony Block Solutions Labs has officially been introduced in order to support the future of Web3. Soneium, by Sony Block Solutions Labs is “building a public Ethereum layer 2 next-generation blockchain ecosystem designed to invoke emotion and empower creativity.” Soneium will connect the… Read More

GAMEE, the Web3 and Mobile Gaming Platform, Reportedly Receives Investment from TON Ventures

GAMEE, the “high-engagement” Web3 and mobile gaming platform and subsidiary of Animoca Brands, announced it has received an investment from TON Ventures, the first venture fund of The Open Network (TON). Managed by a DAO with a mandate to invest in projects built on TON,… Read More

Digital Assets Firm Copper Partners with Radix, a Network Focused on Web3 and DeFi Apps

Copper, a firm focused on digital asset custody, collateral management and prime services has partnered with Radix, a decentralized network that aims to provide a radically better user and developer experience for Web3 and DeFi applications. By integrating the custody of Radix (XRD) within Copper’s… Read More

Web3 Company Wirex Targets Crypto Users Through Telegram App Whale

Web3 company Wirex has launched Whale, a Telegram app targeting the attention economy. Through active engagement, Whale users can earn rewards, gain access to exclusive token deals, and achieve industry recognition. Wirex said Whale is designed to transform attention into a valuable currency in the digital… Read More

Consensys Launches MetaMask Delegation Toolkit to Accelerate Web3 and Blockchain Adoption

Consensys introduced a new chapter in web3 and blockchain adoption with the launch of the MetaMask Delegation Toolkit. The package of developer tools and smart contracts “enables dapps and protocols to build wholly new experiences, while providing robust, granular levels of safety tailored to users’… Read More

Tether Teams Up with Uquid, a Web3 Digital Commerce Platform, to Introduce USDT Store

Tether Operations Limited, which claims to be among the largest companies in the digital asset industry, has announced a collaboration with Uquid, a Web 3 E-commerce platform, to launch the USD₮ store. This collaboration aims to demonstrate “the practical use of USD₮ in everyday transactions… Read More

Fireblocks and TRES Finance to Help Automate Web3 Accounting, Taxes, Auditing

As regulation and reporting requirements become increasingly stringent, it’s more important than ever for organizations to have powerful, streamlined access to Web3 accounting and financial data. That’s why Fireblocks has teamed up with TRES Finance to offer customers the ability to completely automate Web3 accounting,… Read More

Circle Expands Web3 Services to Support Solana Blockchain

Circle is pleased to announce the expansion of their Web3 Services to support the Solana blockchain. This is a key milestone as they aim to “build a comprehensive and robust platform that empowers businesses and developers to build and launch on-chain apps.” Starting with Programmable… Read More

Capital Ideas: Lou Kerner on Challenges Facing Web3/AI Incubators

Navigating the Future of Innovation with Lou Kerner: Insights from CryptoOracle Collective In a recent episode of Capital Ideas, hosts Nick Morgan and Dara Albright welcomed Lou Kerner, founder of the CryptoOracle Collective and Crypto Mondays. The discussion delved into the challenges and opportunities facing… Read More

Regtech Uppsala Security, AhnLab Blockchain Company to Enhance Web3 Cybersecurity Solutions in South Korea

Uppsala Security, a provider of tools and services for crypto AML/CTF, transaction risk management, regulatory compliance, transaction tracking, and cybersecurity, announced a partnership with AhnLab Blockchain Company. Signed on April 30, 2024, the MoU focuses “on cooperation in next-generation virtual asset anti-money laundering (AML) security… Read More

OKX Partners with Web3 Mobile Infrastructure Builder Jambo

OKX and Jambo, a Web3 mobile infrastructure builder, have recently announced a partnership aimed at enhancing the accessibility of the digital economy in emerging markets by combining advanced Web3 and mobile technologies. This partnership reportedly follows “a strategic investment in Jambo made by OKX’s investment… Read More

Klickl Obtains Financial Services Permission in Abu Dhabi to Enhance Web3 Offerings for SMEs

Klickl is pleased to announce its recent acquisition of a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This milestone not only enhances Klickl’s ability “to offer both custody and brokerage services for virtual assets as… Read More

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