Tagged: web 3.0

Coinbase has Over $30B in Digital Assets Staked Across 25 Protocols As of Nov 2021: Report

Aaron Henshaw, Head of Coinbase Cloud Engineering, says that it’s no secret that crypto is gaining mainstream appeal, with the international cryptocurrency market cap reaching an all-time high of $3 trillion for the first time, the total value locked in DeFi reaching $250 billion, and… Read More

Metaverse Is Revolutionizing Digital Commerce, Real Estate, Media, Entertainment: Report

Grayscale, a company focused on digital currency investing, notes that crypto Cloud economies are the next “emerging market investment frontier” and the Metaverse is at the forefront or center of this Web 3.0 Internet “evolution.” As explained by Grayscale, the Metaverse is a set of… Read More

GIANT Protocol to Develop Web 3.0 Protocol to Decentralize Access to Internet, Financial Services

GIANT Protocol is pleased to make its public debut with the announcement that it is developing a Web 3.0 protocol to “decentralize and democratize access to the internet and financial services.” The tokenized bandwidth platform will “allow anyone with a mobile phone to access the… Read More

Fours Years Since Ontology Network’s Launch, the Platform’s Developers Share Key Milestones to Web 3.0 Infrastructure Status

Ontology Network, which claims to be a high-performance, open-source blockchain specializing in digital identity and data, has now been live for over fours years. The platform remains focused on its journey to Web 3.0 Infrastructure Status. Ontology confirms that it has a continued focus on… Read More

SubQuery Network to be Deployed on Acala, Decentralizing Polkadot’s Data Indexing Service

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SubQuery, the data indexing solution in Polkadot, is pleased to confirm that the launch of the SubQuery Network will take place on the Acala parachain. As mentioned in the announcement, SubQuery and the SQT token will also aim to be “the first external application and… Read More

Panther Protocol Secures $22M via Public Sale to Build DeFi, Web 3.0 Privacy Layer

Panther Protocol, an end-to-end privacy solution that creates privacy for decentralized finance (DeFi) and Web 3.0 users across public blockchains, has secured more than $22 million as part of their Public Sale. This brings the total amount secured by the project to $32 million. Panther… Read More

Web 3.0: Verida Protocol, an Encryption, User Management Abstraction Toolkit Provider, Publishes Alpha Software Release

The Verida Protocol alpha release, which offers a way to abstract away the complexities of encryption, permissioning, schemas, and user management, is currently live for Web 3.0 developers. As mentioned in the announcement, this release comes with the Verida Client (software development kit) SDK, Single… Read More

Digital Finance Group Promises 500K DOT for Polkadot Auction, Company Bullish on Acala

Digital Finance Group, a global blockchain and cryptocurrency investment firm, this week announced it will allocate 500,000 DOT, Polkadot’s native cryptocurrency, to Acala, a decentralized finance platform built on the Polkadot blockchain network. Acala plans to compete for a parachain slot in Polkadot’s upcoming parachain auctions… Read More

Ethereum Scaling Solution Polygon Teams Up with DraftKings to Support NFTs, Secondary Markets

Polygon, an Ethereum-powered scaling platform on-boarding consumers to Web 3.0, has announced a blockchain collaboration with DraftKings Marketplace, a digital collectibles ecosystem built by DraftKings (Nasdaq: DKNG) for “mainstream accessibility to support custom NFT drops along with secondary-market transactions.” This deal offers DraftKings Marketplace with… Read More

Internet Computer Project: DFINITY Dev Grant Program Provides 102 Grants Valued at $2M+

In just 5 months since their Genesis launch, the Internet Computer blockchain has seen steady growth of its developer community, whose decentralized applications (dApps) and services have managed to attract around 250,000 users. On May 25, 2021, the DFINITY Foundation confirmed that the DFINITY Developer… Read More

Cryptocurrency focused Social Network Yup Secures $3.5M from Distributed Global, Dapper Labs

Yup, the Web 3.0 social platform that rewards curators, has confirmed that it has finalized a $3.5 million round that was led by Distributed Global, which is an early investor in crypto-focused Unicorns Dapper Labs, Audius and Solana. The proceeds from the investment round will… Read More

Heikki Vänttinen: Co-founder at API3 Says Web 3.0 Is the Biggest Growth Opportunity for Businesses since the Inception of the Internet

We recently caught up with Heikki Vänttinen, Co-founder at API3,  a collaborative initiative focused on delivering traditional API services to smart contract platforms in a decentralized and “trust-minimized” manner. It’s governed by a decentralized autonomous organization (DAO), and its code is open-source and its operations… Read More

Kurt Nielsen: President at Partisia Blockchain Explains Why they’re Developing Web 3.0 Privacy Infrastructure

Partisia Blockchain, the Web 3.0 public (or permissionless) blockchain developed for trust, transparency, and privacy, recently confirmed the appointment of experienced cryptographer Christian Cachin to their team. Dr. Christian Cachin, a former computer scientist working at IBM, has joined the team as a Consensus and… Read More

Amasa Acquires $1.5M via Round Led by Animoca Brands to Build Micro Investment Streaming App

Amasa has finalized a $1.5 million round, according to an update shared with CI. As mentioned in a release, this early capital injection from key supporters should help Amasa with introducing “investment streaming” to the world, empowering consumers to leverage the wealth-building potential of micro… Read More

Open-Source Blockchain Ontology Network Is Offering Limited Edition Avatars, a Collection of 3,333 Unique NFTs

Ontology Network, a “high-performance,” open-source blockchain or distributed ledger tech (DLT)-enabled platform focused on digital identity and data, reveals that it’s introducing a set of “limited edition” Ontology Avatars. Each Avatar will be minted as a non-fungible token (NFT) and will reportedly feature a “unique”… Read More

Ontology Partners with 4EVERLAND, a Web 3.0 Cloud Computing Platform

Ontology (ONT), a high-performance blockchain platform focused on digital identity solutions, is teaming up with 4EVERLAND, a Web 3.0 Cloud computing platform supporting global acceleration of digital tech, privacy protection, distributed storage and various other technical features to enable the transition to Web 3.0. As… Read More

FTX and Digital Financial Group Agree on Acquisition of LedgerX, Supporting DFG’s Commitment to Web 3.0, Polkadot

FTX and DFG have reportedly agreed on the acquisition of LedgerX, fueling DFG’s commitment to Web 3.0 and Polkadot. FTX, a major virtual currency derivatives exchange, revealed on August 31, 2021, that it would be moving forward with its acquisition of LedgerX, the first digital… Read More

James Wo: CEO at Digital Financial Group Discusses Future Impact of CeFi, DeFi, NFTs, Polkadot

We recently connected with James Wo, the Founder and CEO at Digital Financial Group, an investment company empowering Web 3.0 applications and blockchain or DLT -enabled platforms. Wo discussed the different products and services that his company supports. He also discussed the long-term impact that… Read More

CasperLabs Unveils AWS Partnership

Blockchain tech company CasperLabs today announced its partnership with Amazon Web Services (AWS). The collaboration gives developers and organizations building on the Casper Network the ability to directly deploy node infrastructures and design private networks for product testing from AWS. The Casper Network is an… Read More

Polygon to Create DeFi, Web3 DAO

Polygon, an Ethereum scaling full-stack solution bringing mass adoption to the Ethereum platform, today announced plans to create a decentralized autonomous organization (DAO) for DeFi and Web3. Polygon proposes the DAO to bootstrap DeFi growth and help onboard the next 100 million users to its… Read More

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