Tagged: Web3

Pakistan to “Legalize” Cryptocurrency Transactions, But More Clarity Needed to Move Forward

Pakistan’s recent decision to “legalize” cryptocurrency transactions and investments marks a pivot from its historically cautious stance on digital assets. However, it is unclear just how the country will implement a proper regulatory framework for Bitcoin (BTC) and other digital currencies. Over the years, Pakistan… Read More

Crypto AI Products Perceived as High-Potential Initiatives By Web3 Professionals – Report

In a recent research report and survey released by CoinGecko, 46.9% of crypto participants indicated that they were bullish on crypto AI products in 2025. Specifically, CoinGecko noted that 19.9% felt somewhat bullish “about crypto AI products and a larger 27.0% of survey respondents were… Read More

Coinbase to Support Onchain Investing and Government Crypto Engagement

Coinbase (NASDAQ:COIN) has recently shared updates that signal its evolving role in both the investment and regulatory landscapes. Digital assets firm Coinbase is focused on its mission to democratize finance and bridge traditional systems with the crypto economy. Crypto exchange Coinbase aims to empower builders… Read More

RedotPay Announces $40M Series A to Enhance Global Crypto Payments Solutions

RedotPay, a crypto payment platform, announced the successful close of a $40 million Series A funding round led by Lightspeed following their commitment in December 2024, with investments from HSG and Galaxy Ventures. The investment round reportedly saw participation from DST Global Partners, Accel, Vertex… Read More

Bitcoin Suisse Joins Haven1 as Validator, Strengthening Network Decentralization

Bitcoin Suisse is pleased to announce a new partnership with Haven1, an EVM layer-1 blockchain with a native Web3 app store. Bitcoin Suisse will now reportedly join Haven1 as a validator to help the project further decentralize its network and strengthen its overall security infrastructure…. Read More

Swiss Blockchain Firm Fedrok AG CEO Shares Perspective on Role of DLT in Supporting Financial Inclusion

As sustainable finance and financial inclusion continue to gain traction on a global scale, technology-powered solutions leveraging blockchain and Web3 are playing a key role in addressing traditional financial challenges. As part of this movement, Swiss blockchain company Fedrok AG, says it has been actively… Read More

SEC to Drop All Claims Against Web3 and Digital Assets Firm Consensys

The US Securities and Exchange Commission (SEC) will reportedly be dropping all claims against Consensys. In recent days, the SEC has dropped investigations against other crypto firms as the Trump administration has taken a more digital asset-friendly stance towards financial innovation. Consensys and the SEC… Read More

Kiln Ventures to Support Web3 and On-Chain Development

As the platform to “democratize” value creation in digital assets, Kiln claims that it has  been committed to building the best infrastructure products and tools. They have announced the launch of Kiln Ventures, their initiative to support the next generation of onchain builders. ‍With Kiln… Read More

Shyft Network Expands India Crypto Market Operations with Unitic Collaboration

Shyft Network continues to expand its presence in India’s crypto market, announcing a partnership with Unitic for the integration of Veriscope‘s compliance solutions. The partnership comes as India‘s crypto sector continues to develop, blending traditional finance practices “with digital asset innovation in one of the… Read More

Irreducible Announces $24M Series A Co-Led by Paradigm and Bain Capital Crypto

Irreducible is pleased to announce their $24 million Series A funding round, co-led by Paradigm and Bain Capital Crypto, with support from Fenbushi Capital, L2 Iterative Ventures, Robot Ventures, and angel investors like Anna Rose, Brendan Farmer, Daniel Lubarov, Sina Habibian, and Varun Srinivasan. This… Read More

Publicly Traded Firms Account for 5.8% of Total Crypto Market Cap – Report

A recent analysis by CoinGecko has shed light on the current state of publicly traded blockchain companies. The research report highlights that there are 46 noteworthy companies in this space, with the majority listed on the NASDAQ exchange. Coinbase, the cryptocurrency exchange led by Brian… Read More

Regtech Sumsub Partners with Web3 Gaming Platform Funtico

Regtech Sumsub has announced a partnership with Funtico, a Web 3.0 gaming platform. This collaboration aims to enhance compliance and security in the iGaming sector, ensuring that Funtico remains “fully compliant with evolving regulations.” Funtico provides an incentive-driven gaming platform “for players for partner gaming… Read More

Binance Pay and xMoney to Expand Crypto Accessibility Across European Markets

The partnership between Binance Pay and xMoney, a Web3 payment provider in Europe, highlights the growing significance of web3 technologies in streamlining payments. xMoney operates within a “regulated” framework, complying with the EU’s MiCA regulations. With this partnership, Binance Pay’s merchant network has “grown to… Read More

Coinbase to Acquire Onchain Ads and Attribution Platform Spindl

Coinbase (NASDAQ:COIN) is acquiring Spindl, an onchain ads and attribution platform. Today, it’s too difficult for builders to find quality users/distribution. By acquiring Spindl’s team and tech, they’ll be able to help builders go viral onchain and “find distribution on Coinbase and across the onchain… Read More

Solana-powered Decentralized Exchange Jupiter Announces Majority Stake in Moonshot

Jupiter, a Solana-based decentralized exchange aggregator, has made a significant move by acquiring a majority stake in Moonshot, an app that enables users to purchase memecoins using Apple Pay. This acquisition is a strategic step for Jupiter as it expands its ecosystem to cater to… Read More

YZi Labs, Formerly Binance Labs, to Diversify Crypto, Web3 Focus to Include AI and Biotech Investments

YZi Labs, formerly known as Binance Labs, has unveiled its rebranding, marking a significant expansion of its investment focus beyond crypto and blockchain to include Artificial Intelligence (AI) and biotechnology (biotech). Bianance describes the change as a natural progression as it has operated independently while… Read More

Cainam Ventures Launches Platform to Enable Autonomous Digital Assets Trading

Cainam Ventures, a financial technology startup, is launching a platform that aims to redefine autonomous digital asset trading. Guided by its mission to support the onramp to agentic financial portfolio construction for digital capital investors, Cainam says that it leverages artificial intelligence (AI), large language… Read More

Web3 Adoption: Reown Raises $13 Million to Build Onchain UX Platform

Reown (formerly known as WalletConnect) announced it has closed a $13 million Series B funding round. Known as the builders of the WalletConnect Network, Reown is leading the charge in improving onchain UX. The investment round was led by USV and 1kx and also “included… Read More

Impossible Cloud Network’s Wawrzinek: Open Sea Data Leak Indictment of Lax Web3 Data Practices

The faults that contributed to the massive data leak on the NFT platform Open Sea back in 2022 came home to roost on Monday when more than seven million email addresses were publicly released. Impossible Cloud Network co-founder Kai Wawrzinek it’s a “sad indictment of… Read More

Security Risks within Ethereum and Web3 Token Ecosystem Are More Serious than Anticipated – Report

In the Web3 space, new tokens are constantly emerging, the team at CertiK noted while pointing out that these new tokens may not be safe and could pose certain (serious) risks for holders and traders. CertiK revealed that in the past few months, their security… Read More

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