Tagged: web 3.0

Binance Labs Leads $3M Seed Funding Round for Magic Square

Binance Labs, the VC division and accelerator of Binance, and Republic co-led the seed funding round of Magic Square, the first “community-driven” Web3 multi-chain crypto app store. Magic Square provides Web3 solutions “to make crypto more accessible for all.” Users can discover and experience various… Read More

ShareRing, a Digital Identity Blockchain Ecosystem, to Enhance Privacy, Security for Web3 Consumers

ShareRing’s purpose is to remove “friction” throughout the world, and digital identities is a vehicle that can “help accomplish this.” Tim Bos, CEO at ShareRing, stated: “Over the years, there’s been a trend for large companies to host more and more data about you in… Read More

peaq Finalizes $6M Round to Power the Web3 Economy of Things

peaq, the Web3 network powering the Economy of Things (EoT), has raised $6 million in its latest funding round, which was led by Fundamental Labs. The funding will “support the ongoing expansion of the peaq network, which empowers individuals and organizations to build, govern, and… Read More

Free-to-Play-to-Earn Model Might Take Blockchain Games Mainstream, Huobi Research Institute Claims

The launch of Grit, the “first-ever” blockchain game from the partnership between Epic Games and Gala Games, is seen as a “watershed” event for the mass onboarding of gamers from Web2 to Web3, according to an update from Huobi. However, blockchain games have “not reached… Read More

ShapeShift, Unstoppable Domains Now Offering Free NFT Domains

Unstoppable Domains, which claims to be the leading platform for Web3 digital identity with more than 2.4 million registered NFT domains, recently announced an integration with ShapeShift, a “decentralized,” non-custodial cryptocurrency platform “supporting over 5000 assets.” Now, ShapeShift customers will be able “to replace complicated… Read More

Solana Mobile Stack Begins “New Era” of Web3 with Mobile-First Android Platform

Solana Mobile, a subsidiary of Solana Labs, recently debuted Solana Mobile Stack, which is described as “an open source software toolkit for Android enabling native Android web3 apps on Solana with the Seed Vault secure custody protocol that facilitates instant signing of transactions while keeping… Read More

Digital Identity Platform Unstoppable Domains, City of Miami Providing Web3 Education

Unstoppable Domains, the Web3 digital identity platform and NFT domain name provider with 2.4 million registered usernames, has teamed up with the City of Miami’s Venture Miami team in order “to accelerate its local Web3 education effort.” Venture Miami hosted its “Miami for Everyone” Web3… Read More

Web3, NFTs Platform Immutable to Establish $500M Venture, Developer Investment Fund

Immutable, powering the “next generation” of Web3 games as the carbon-neutral, scalable platform for trading NFTs on Ethereum, has announced the launch of its inaugural development fund, Immutable Ventures. The Immutable Developer and Venture Fund is “dedicated to supporting web3 games and NFT-centric companies that… Read More

Huobi Global Invests in Cube As Part of Web 3.0 Strategy

Huobi Global, a cryptocurrency exchange and blockchain solutions provider, recently announced its investment in Cube, a public chain that “provides innovative infrastructure for Web 3.0 and the metaverse.” The launch underscores Huobi Global’s strategy “to expand its Web 3.0 ecosystem.” Cube (formerly Cube Chain) is… Read More

Ontology Web3 Network (OWN) Infrastructure to Bring Full Accessibility to Building, Using Web 3.0

Web3 is here to “revitalize” the way in which our entire society operates, “ushering in a new era of trust and collaboration,” according to an update from Ontology. When it comes to building the infrastructure for #Web3, we believe you should #OWN your value. We… Read More

Circle Agrees to Acquire Digital Asset Infrastructure Platform CYBAVO

Circle has announced that they have signed agreements to acquire CYBAVO, which is a “breakthrough” crypto tech firm. Established in 2018, CYBAVO claims that it is a pioneer in core crypto security, custody, operations, and blockchain infrastructure platform services, “providing services to leading firms across… Read More

Blockchain Security Firm SlowMist Teams Up with Go+ Security

SlowMist recently revealed that they’re working cooperatively with Go+ Security in order to help secure the future of Web3. The main goal of this cooperation is “to exchange data.” SlowMist will provide Go+ Security with their malicious address data of EVM tokens (mostly on ETH… Read More

Web3 Computing has Significant Growth Potential, Could Capture Web2 Computing Market Share: Report

While the adoption of Web2 computing technologies has gained traction in the consumer and enterprise segments, security breaches and privacy concerns “continue to mar this space,” according to an update from Huobi. Web3 computing, with its inherent ability to alleviate such issues, “will likely see… Read More

Unstoppable Domains Introduces Profile Badges, “Verified” by On-Chain Activity

Unstoppable Domains, which claims to be the “leading” Web3 digital identity platform and NFT domain name provider, recently announced the launch of Profile Badges “verified by on-chain activity.” Profile Badges act as a way for users “to build and showcase their digital identity, such as… Read More

AccuWeather Launches API3 Airnode, Bringing Weather Data to Blockchain Apps

AccuWeather, which claims to be the world’s “most accurate” and “most used” weather source, recently launched its AccuWeather API “in collaboration” with API3, a first-party blockchain oracle solution, providing a Web3 wrapper that enables Web API providers to offer AccuWeather’s weather data “directly on-chain.” The… Read More

KuCoin Introduces “Decentralized” Digital Currency Wallet to Provide Users Web 3.0 Services

KuCoin, which claims to be a “leading” global cryptocurrency trading platform, has launched its “brand-new” decentralized product — KuCoin Wallet, with its website “going live for users to access the service starting June 1st.” The official app of KuCoin Wallet is also expected “to launch… Read More

Fintech Merge Finalizes $9.5M Round to Bring Banking, Payments Infrastructure to Web3 Economy

Merge has secured $9.5 million in capital via a seed round in order to create its API-powered banking and payments solution, effectively bridging the gap between fiat and cryptocurrency-based ecosystems. Merge aims to address the ongoing struggle that many firms in the crypto economy face… Read More

Presearch Community Introduces “Decentralized” Web3 Search Engine

Presearch, the private, “decentralized” search engine with 3.8 million registered users and 150 million monthly searches, has announced its Mainnet launch, “shifting all search traffic to run on its decentralized network of community-run nodes.” Rather than using centralized computing infrastructure that is fully controlled by… Read More

Digital Assets: Andreessen Horowitz Launches Fourth Crypto Fund, Totaling $4.5B

Since the advent of computing in the 1940s, there has been a “major computing cycle” every 10-15 years, including PCs in the ‘80s, the internet in the ‘90s, and mobile computing in the ‘00s. The team at Andreessen Horowitz believes that blockchains will “power the… Read More

CertiK, a Smart Contract and Blockchain Security Firm, Releases Report on Web3 Security

CertiK, the international provider of smart contract and blockchain security, has released its latest report on the state of security in Web3 for Q1 2022. The report provides insights into the future of Web3 following the “greatest” losses in existence, closing out a surge in… Read More

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