Tagged: Web3

January 1, 2024 @ 9:36 pm By Omar Faridi  |  

OKX, a Web3 technology company, announced that QuickSwap, a DEX and automated market maker built on Polygon, Polygon zkEVM and Dogechain, now supports the testnet version of X1. X1 is OKX’s new zkEVM Layer 2 network, “developed using the Polygon Chain Development Kit (CDK).” With… Read More

December 29, 2023 @ 5:55 pm By Omar Faridi  |  

Gavin Wood, an Ethereum co-founder who has focused on Polkadot noted that we are seeing a global return to normalcy and resurgence of (in-person) events with it (even though various of COVID still seem to be affecting a significant number of people despite vaccinations being… Read More

December 27, 2023 @ 9:17 pm By Omar Faridi  |  

Granted and SKALE Network are partnering to provide opportunities for applications across web3 to find funding and a blockchain home to thrive on. Granted was established to “provide strategic grant funding for the Web3 ecosystem.” Their expertise lies in “offering expedited and preferred application processing… Read More

December 27, 2023 @ 12:50 pm By Omar Faridi  |  

OKX, a global Web3 technology company and crypto exchange, recently announced the publication of its 14th monthly Proof of Reserves (PoR) report, reportedly “demonstrating USD14.9 billion in primary assets backing user funds.” OKX‘s PoR report provides “a comprehensive overview of the reserve ratios for 22… Read More

December 26, 2023 @ 10:03 pm By Omar Faridi  |  

Singapore-based Whampoa Digital and Wemade, a Korean gaming company, have entered into a strategic partnership to collaborate on a US$100 million Web3 Fund to be established by Wemade as well as on digital asset initiatives in the Middle East. As part of this collaboration, Whampoa… Read More

December 21, 2023 @ 11:12 am By Omar Faridi  |  

Really, a platform delivering weekly Augmented Reality (AR) experiences for theatrical release movies, aims to enhance these AR experiences for the entertainment industry by leveraging Avalanche‘s “scalable” blockchain in new offerings. The offerings include an upgrade “to the Really Collectible Ticket Program and new fan… Read More

December 20, 2023 @ 1:53 pm By Omar Faridi  |  

Fiat Republic, the specialist Banking-as-a-Service (BaaS) platform that bridges the gap between web3 and traditional banks, announces it has raised $7 million in a seed extension round. Participants in the investment round reportedly “include first-time investments from Kraken Ventures, Fabric Ventures, Arca, and Inovo Ventures,… Read More

December 20, 2023 @ 12:33 pm By Omar Faridi  |  

Bytepitch, the team building the Crabble NFT lending platform, have deployed their contract to Agoric mainnet after their proposal had a passing vote. The second third-party application to launch on-chain on Agoric, Crabble offers a utility layer for NFTs on Agoric and “soon the entire… Read More

December 11, 2023 @ 8:16 pm By Omar Faridi  |  

Animoca Brands Corporation Limited, the company advancing digital property rights for gaming and the open metaverse, announced a second tranche of funding of USD $11,888,888 for Mocaverse, “following a first tranche investment of US$20 million announced previously (see announcement of 11 September 2023).” Participants in… Read More

December 11, 2023 @ 10:20 am By Omar Faridi  |  

On December 5, 2023, thirdweb, a Web3 foundational development platform, reported security vulnerabilities in its pre-built smart contracts. As noted in a blog post by SlowMist, this issue affects all tokens “deployed using these pre-built smart contracts, including ERC20, ERC721, and ERC1155 tokens.” Based on… Read More

November 28, 2023 @ 8:24 am By Omar Faridi  |  

SBI Holdings, Inc. announces that it has concluded a Memorandum of Understanding with Circle Internet Financial, a global financial technology firm and the issuer of USDC, the world’s regulated stablecoin, “to circulate USDC stablecoins, establish a banking relationship and promote the use of Circle’s Web3… Read More

November 24, 2023 @ 3:25 pm By Omar Faridi  |  

SlowMist and Sinohope Technology Holdings Limited, a comprehensive digital asset custody platform, announced a strategic partnership uniting the two companies. The two parties will carry out active security business cooperation “in MPC security audit, digital asset Anti-money laundering (AML), Web3 threat intelligence cooperation Network, digital… Read More

November 21, 2023 @ 9:04 am By Omar Faridi  |  

Tether, the largest company in the cryptocurrency ecosystem, and leading global crypto exchange and Web3 technology company OKX, announced that they have assisted the United States Department of Justice (DOJ) in an investigation that “led to Tether proactively and voluntarily freezing approximately 225 million in… Read More

November 20, 2023 @ 10:55 am By Omar Faridi  |  

CI recently connected with Layne Haber, Co-founder at Connext, which claims to be the HTTP of Web3. Haber touched on how crypto and digital assets are becoming increasingly popular investments for governments as well as private investors. She discussed investors’ top priorities as assets such… Read More

November 19, 2023 @ 3:44 pm By Omar Faridi  |  

Animoca Brands, Amazon Web Services (AWS), and Polygon Labs announced MoonRealm Express Accelerator, a strategic collaboration to support Web3 builders around the world and accelerate the development of Web3 products and solutions through Animoca Brands’ flagship project Mocaverse. MoonRealm Express Accelerator is “an accelerator program… Read More

November 16, 2023 @ 10:00 pm By Omar Faridi  |  

Banking Circle S.A. announced a partnership with Ant Group to work on a pioneering liquidity management project, “exploring technology innovations on tokenized deposits which will improve efficiency and speed of global fund settlements.” Banking Circle infrastructure and the blockchain platform “developed by Ant Group will… Read More

November 15, 2023 @ 5:34 pm By Omar Faridi  |  

OKX, a cryptocurrency exchange and Web3 technology company, has collaborated with regulated digital asset custody service provider Komainu and CoinShares (Nasdaq Stockholm: CS), a European alternative asset manager specializing in digital assets, to empower CoinShares “to conduct 24/7 trading through the OKX platform while assets… Read More

November 9, 2023 @ 4:21 pm By Omar Faridi  |  

Moflix Group, a telecommunications industry pioneer providing next-generation digital solutions, announced that it has raised a $3.1 million seed funding round with the participation from The Hashgraph Association (THA) – the Swiss-based non-profit organization accelerating the adoption of the Hedera network globally, “alongside other strategic… Read More

November 9, 2023 @ 9:14 am By Omar Faridi  |  

Wirex, a global firm supporting crypto payments with over 6 million users, has announced a partnership with Cenit Finance, a company in tokenomics simulation, in order “to refine and scale the tokenomics of its native utility token, WXT.” This collaboration leverages Wirex’s recently revealed strategic… Read More

November 5, 2023 @ 11:26 pm By Omar Faridi  |  

DigiFT, the regulatory-compliant real-world asset (RWA) exchange, and OKLink, a global provider of Web3 on-chain data and compliance solutions, announced strategic partnership to empower the accessibility of regulatory-compliant RWA on-chain. The two-fold partnership will see DigiFT offering OKLink Trust’s clients “the option to subscribe to… Read More