Tagged: Web3

MetaMask Introduces Multichain Accounts to Enhance Crosschain UX

Multichain Accounts for MetaMask are finally here. According to the web3 focused development team, this is a major change as to how accounts actually work in MetaMask, and it’s one that will now aim to simplify the crosschain (and blockchain interoperability) experience for end-users. MetaMask developers… Read More

zkVerify Proof Verification Layer Integrated into Copper Custody and Settlement Infrastructure

zkVerify has teamed up with Copper, a provider of digital asset custody, prime services and collateral management. This latest collaboration now integrates zkVerify’s proof verification layer into Copper’s custody and settlement infrastructure, with the stated aim of boosting transparency and increasing institutional confidence in digital… Read More

Injective’s iBuild a No-Code Web3 Blockchain Development Platform

Injective, the blockchain built for finance, has launched iBuild, a Web3 platform that enables anyone to build and deploy blockchain applications without writing code. Powered by Injective’s MultiVM infrastructure, iBuild allows users to design, configure, and launch decentralized applications within minutes through intuitive, AI-assisted workflows. iBuild empowers creators to… Read More

Chainalysis Brings Real-Time, Intelligence Driven Security to Web3 with Product Update

Chainalysis noted that Web3 attackers are becoming more creative and the number of hacks impacting exchanges and other FIs is steadily increasing. In many instances, attackers drain an exchange’s wallets, and those of their unsuspecting users as well, resulting in the loss of funds, trust,… Read More

Stripe backed Tempo Announces Investment in Crypto Infrastructure Firm Commonware

Stripe-backed Tempo has announced its first venture focused move with a $25 million investment in cryptocurrency infrastructure firm Commonware. As part of the latest transaction, the stablecoin-powered blockchain, Tempo, being developed by venture firm Paradigm and payments Fintech Stripe, will leverage the Commonware Library. It… Read More

Web3 Thoughts of the Week: Amazon/OpenAI Cloud Deal, Bitcoin Thresholds, & Developer Interest in Solana and Ethereum

OpenAI and Amazon’s $38 billion deal had Web3 tongues wagging, but other topics also caught their attention. Read on to find out which ones. Bitcoin good “October is over, and what a disappointment it was for crypto investors expecting the customary rally. Bitcoin closed October… Read More

Hashgraph Group Announces Web3 Collaboration with The Philippines

The Hashgraph Group, the Swiss-based Web3 technology and engineering company operating within the Hedera ecosystem, has signed a strategic framework collaboration agreement with the Department of Science and Technology (DOST) – the executive department of the Philippines government responsible for directing, leading and coordinating science,… Read More

Fintech Currenc Group Announces Proposed Reverse Merger with Animoca Brands

Currenc Group Inc. (Nasdaq: CURR), a fintech that is enabling financial institutions with artificial intelligence solutions, announced it entered into a non-binding term sheet with Animoca Brands Corporation Limited in relation to a potential proposal for Currenc “to acquire 100% of Animoca Brands’ issued shares… Read More

Digital Assets Firm Circle Announces Latest Cohort of Stablecoin USDC Grant Recipients

Circle (CRCL:NYSE) says that its Developer Grants aim to offer more than just financial support. The USDC stablecoin issuer explained that they’re actually serving as a launchpad for so-called “bold” thinkers shaping the next era of onchain finance. With USDC and Circle’s suite of APIs… Read More

Ethereum and Web3 focused ConsenSys Is Reportedly Planning an IPO

Metamask parent firm Consensys is reportedly planning an initial public offering (IPO), according to an update from Axios this past Wednesday. The outlet also said that Consensys has been working with JPMorgan and Goldman Sachs, with each usually being involved in some way with larger… Read More

LinkedIn Co-Founder Announces Acquisition of CryptoPunk NFT

Reid Hoffman, the co-founder at LinkedIn, has announced the acquisition of  CryptoPunk NFT. He also recently updated his profile picture in order to showcase the digital collectible from one of web3 and crypto’s most prominent collections. Hoffman, an experienced technology investor and businessman, has been… Read More

Quantum-Resistant Blockchain: Naoris Protocol Cited As Reference Model

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Naoris Protocol, a decentralized cybersecurity mesh powered by a post-quantum blockchain and distributed AI, has announced a major milestone: an independent research submission to the U.S. Securities and Exchange Commission (SEC) has officially cited Naoris Protocol as the reference model for quantum-resistant blockchain infrastructure in its Post-Quantum Financial Infrastructure… Read More

Blockchain Trade Association Digital Chamber Says DeFi Deserves a Constructive Regulatory Proposal

The United States stands at a pivotal moment, poised for a potential resurgence in digital tech advancements and related breakthroughs, according to blockchain focused trade association Digital Chamber, as the Senate debates new DeFi proposals. The organization advocates for a regulatory framework that balances financial… Read More

Stablecoins, Gold, and ZK Proofs: Web3 Thoughts of the Week Part Deux

Could zero-knowledge (ZK) proofs prevent data breaches? “Centralized servers that stockpile sensitive personal data will always remain prime targets for attackers – whether the breach comes through technical exploits or social engineering. Incidents like the Discord leak make it clear that this model is unsustainable…. Read More

Binance Japan and PayPay to Develop Digital Assets and Cashless Payments Solutions

Japan is one of the world’s largest digital economies, and the demand for integrations between traditional finance and digital assets continues to grow at a steady. To unlock this potential, Binance Japan and PayPay have entered into a capital and business alliance that will aim… Read More

Republic to Tokenize Equity in Web3 Enabler Animoca Brands

Republic, a global online investment platform, announced that it plans to tokenize the equity of Animoca Brands, an international Web3 enabler. Republic started its existence as a Funding Portal but has since expanded its services of online capital formation to both primary and secondary offerings…. Read More

Web3’s Talkin’ Gold This Past Week

This past week, Web3 talked about gold, geopolitics, and market pressures. “Over the last few days, gold has resumed its rally, as geopolitical concerns are weighing on the market once again. As such, it has taken the helm of this year’s best-performing asset from Bitcoin,… Read More

“CopyPasta” Security Vulnerability Detected in Coinbase’s AI Coding Assistant

In the fast-paced industry of software development, artificial intelligence has become a key part of the process, aiming to improve coding processes and boost productivity. However, a newly uncovered security flaw is becoming a serious concern, particularly for cryptocurrency platforms like Coinbase. Cybersecurity professionals at… Read More

Blockchain Analytics Firm Nansen Becomes Validator for Somnia, Enabling Real-Time Web3 Experiences

Blockchain analytics platform Nansen has announced its role as a validator for Somnia, an ultra-high-performance Layer 1 blockchain designed to deliver real-time, onchain experiences. This partnership  underscores the growing convergence of advanced analytics and high-performance blockchain infrastructure, paving the way for decentralized applications (dApps) in… Read More

Digital Assets Platform Bitpanda Introduces Vision Protocol to Enhance Web3 Infrastructure

Digital assets platform Bitpanda has unveiled the Vision Protocol, an infrastructure designed to serve as a key part of its Web3 ecosystem. Launched late last month, this protocol aims to address the fragmentation and inefficiencies plaguing the current DeFi ecosystem, reportedly offering a more seamless,… Read More

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