Tagged: Web3

Coinbase Ventures Participates in $1.75M Farworld Labs’ Pre-Seed

Coinbase Ventures is among the participants in a $1.75 million pre-seed funding round for Farworld Labs, a gaming and media consortium. The round was co-led by Lemniscap and Variant, with additional participation from Base Ecosystem Fund. The funding will enable Farworld Labs to expedite the… 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

Alchemy Pay Supports Phygital Collection Purchases via Another-1 with NFT Checkout

Alchemy Pay, the crypto payment solutions provider, now enables users to purchase physical-digital blended fashion collections on the Another-1 platform, a Web3 phygital fashion platform built on Polygon, using its NFT Checkout solution. With this integration, users who seek to mint and “acquire phygital assets… 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

Alchemy Pay to Introduce Digital Banking Solution for Web3 focused Enterprises

Alchemy Pay, the fiat-crypto payment solution provider, is set to launch its latest venture, the Web3 Digital Bank. This new initiative will offer global Web3 businesses “a compliant, easy, and reliable means to open and operate multi-fiat accounts, streamline cash flows within a single account,… Read More

Latam: Bitso Introduces New Digital Wallet

Bitso, a Latin American digital asset platform, has announced a new digital wallet, which will be made available to its users beginning May 13th. According to a statement distributed by the firm, the Bitso Web3 Wallet has been created to interact with Web3 applications (dApps)… Read More

OKX Ventures Announces Investments in Consumer-Focused Products from Web3 Venture Studio EVG

Digital asset firm OKX‘s investment arm OKX Ventures has announced a strategic investment in four consumer-oriented products from Web3 venture studio EVG. According to a blog post by OKX, these reportedly “include multi-chain SocialFi infrastructure Open Social Protocol, decentralized collaboration network Zeek, strategy card game… Read More

DeFi focused Mitosis Announces Seed Funding Round with Amber Group and Foresight Ventures as Lead Investors

The team at Mitosis has reportedly secured a total of $7M in funding, which is considered by them to be a testament to the “trust” and “belief” of industry’s investors and strategic partners, including the lead investors Amber Group and Foresight Ventures. With this strong… Read More

Sui and Google Cloud to Enable Web3 Innovation with Enhanced Security, Scalability, AI Capabilities

Sui, the Layer 1 blockchain and smart contract platform created and launched by the core research team responsible for building Facebook’s Libra and Diem projects, is collaborating with Google Cloud to support the future of Web3, via a partnership with Mysten Labs. This joint effort… Read More

UAE’s Web3 VC Firm Klumi Ventures Now Regulated by Financial Services Regulatory Authority of ADGM

Klumi Ventures announces its achievement as the United Arab Emirates’ Web3 venture capital firm regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This event heralds a new era of innovation and investment opportunities in the region’s digital asset ecosystem,… Read More

SlowMist Security Report: Web3 Incidents Result in Over $90 Million in Losses in April

In April 2024, there were a total of 37 security incidents, resulting in approximately $90.81 million in losses. Based on the data from the SlowMist Blockchain Security Incident Database, these incidents were caused “by contract vulnerabilities, third-party vulnerabilities, exit scams, and hacked accounts.” As noted… Read More

Web3 Focused CARV, a Modular Data Layer for AI and Decentralized Applications, Receives Investment from OKX

The team at digital asset firm OKX is announcing a strategic investment in CARV, which is described as one of the largest modular data layers for Gaming and AI. OKX noted in a blog post that they’re making their new investment in CARV, the largest… Read More

Web3, DeFi and Blockchain Focused Varys Capital Ventures Set to Launch in ADGM

Varys Capital has partnered with FundRock Investment Management Services (ME) Ltd, a fund management company, licensed by the FSRA, to manage a feeder fund, Varys Capital Ventures (CEIC) Limited in the Abu Dhabi Global Market (ADGM). The feeder fund will invest its assets into a… Read More

European Universities and Binance to Offer Accredited Web3 and Blockchain focused Courses

Binance Academy, the crypto learning hub of Binance, has partnered with European educational institutions to launch a series of paid university-accredited courses. Their curricula will cover key topics and disciplines of blockchain and Web3, “offering learners a deep understanding of the digital-asset space.” By offering… Read More

Blockchain Firm OKX Introduces Public Mainnet of L2, X LAYER, Building with 200+ dApps Across DLT Network

OKX has reportedly launched the public mainnet of their Layer-2 (L2), X LAYER, building with more than 200 dApps across the network. X LAYER is integrated with OKX Exchange (CEX) and the OKX Web3 Wallet. Users can bridge assets from the two platforms to LAYER… Read More

Digital Assets Firm OKX Announces Investment in Tomo, a Web3 Social Finance Protocol

The team at OKX are pleased to announce their investment in Tomo, a Web3 social finance (SocialFi) protocol. This investment underpins OKX‘s commitment to “supporting innovative blockchain technology and Web3 social platforms that redefine the way users connect and interact with each other online.” Tomo’s… Read More

Web3 and Bitcoin Mining Focused Firm Auradine Reportedly Secures Financing via Series B

Auradine, a provider of web infrastructure solutions, including blockchain, security, and AI,  announced the closing of its Series B funding round, which raised over $80 million. The investment round welcomed several new investors, “including StepStone Group, Top Tier Capital Partners, MVP Ventures, and Maverick Capital,… Read More

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