Tagged: Web3

January 27, 2025 @ 12:08 pm By Omar Faridi  |  

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

January 23, 2025 @ 10:51 am By Omar Faridi  |  

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

January 19, 2025 @ 2:08 pm By Omar Faridi  |  

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

January 17, 2025 @ 7:41 am By Tony Zerucha  |  

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

January 16, 2025 @ 10:57 am By Omar Faridi  |  

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

January 13, 2025 @ 5:09 pm By Omar Faridi  |  

Founded in 2018, CertiK claims that it became a trusted name in Web3 security by leveraging formal verification to safeguard smart contracts and decentralized systems. Over the years, CertiK expanded their offerings to include comprehensive security services, audits, and tools, solidifying their “reputation as a… Read More

January 13, 2025 @ 2:20 pm By Omar Faridi  |  

Nansen has recently teamed up with TON Blockchain, which is described as a “high-performance” Layer 1 chain originally developed by Telegram, to deliver advanced on-chain analytics. Nansen confirmed in a blog post their strategic partnership with TON, a high-performance L1 blockchain built for “speed, scalability,”… Read More

January 4, 2025 @ 12:39 pm By Omar Faridi  |  

Coinbase‘s (NASDAQ:COIN) 2025 Crypto Market Outlook provides key insights focused on the web3 and blockhain ecosystem. The Outlook provides investors with deep dives that span the crypto space, from altcoins to ETFs, staking to gaming, and other important developments. As noted by Coinbase, the following… Read More

January 4, 2025 @ 9:51 am By Omar Faridi  |  

As Bitcoin reaches unprecedented levels following yesterthe US election results, thousands of first-time investors are rushing to enter the cryptocurrency market. But new research from CertiK – the blockchain security firm that has protected over $3 trillion in user assets – reveals concerning vulnerabilities that… Read More

January 4, 2025 @ 9:31 am By Omar Faridi  |  

In a move that affirms its commitment to enabling Web3 innovation, Binance Labs announced an investment in THENA, which is described as a decentralized exchange and liquidity protocol introduced back in January of 2023. THENA, built on the BNB Chain, leverages the ve(3,3) tokenomics model… Read More

January 4, 2025 @ 6:43 am By Omar Faridi  |  

As the web3 and blockchain industry prepares to close out the year 2024, the team at Crypto.com has made several important announcements. Crypto.com customers in Singapore are now able to donate to the Salvation Army by paying in crypto, with plans to further expand the… Read More

January 2, 2025 @ 10:31 am By Omar Faridi  |  

As the year 2024 came to an end, the team at Polygon said it was clear that the past year was a mix of significant progress as well as challenges. The team at Polygon has provided a quick recap of the key developments from the… Read More

January 2, 2025 @ 8:18 am By Omar Faridi  |  

Bitget Wallet, a Web3 non-custodial wallet, has reportedly exceeded 60 million global users, achieving 300% annual growth during 2024. Through ecosystem expansion, the platform has seen substantial adoption across key regions, solidifying its position as a key player in the multi-chain wallet ecosystem. Bitget Wallet… Read More

December 29, 2024 @ 9:39 pm By Omar Faridi  |  

Bitget, the cryptocurrency exchange, and Web3 company, has released a new whitepaper for its native token, Bitget Token (BGB). The update introduces an initiative to burn 800 million BGB tokens—valued at over $5 billion based on current market prices—alongside plans to “expand the token’s utility.”… Read More

December 26, 2024 @ 7:25 pm By Omar Faridi  |  

Ethereum (ETH) is still leading the way overall, however, Solana (SOL) is steadily gaining ground (and fast), according to new industry report. The 2024 Electric Capital Developer Report reveals that as far as blockchain / web3 developer activity goes, there have been solid developments this year…. Read More

December 21, 2024 @ 2:56 pm By Omar Faridi  |  

Animoca Brands Corporation Limited is pleased to report unaudited financial and business highlights for the 3 months ending on 30 June 2024 as well as the 3 months ending on 30 Sept 2024. Post this reporting period, Animoca Brand notes that as of the end… Read More

December 19, 2024 @ 4:59 pm By Omar Faridi  |  

Chainalysis has acquired Hexagate, the provider of web3 security solutions that detect and mitigate real-time threats including cyber exploits, hacks, and governance and financial risks. They are the top choice for chains, protocols, asset managers, and exchanges to “help keep their funds secure.” Hexagate leverages… Read More

December 16, 2024 @ 7:42 am By Omar Faridi  |  

Bitget, a global cryptocurrency exchange, and Web3 company, is reportedly exploring the establishment of its Europe regional hub in Lithuania as part of its expansion in the European Union. The move aligns with the EU’s Markets in Crypto-Assets (MiCA) framework, which aims to provide a… Read More

December 11, 2024 @ 1:39 pm By Omar Faridi  |  

Consensys shared the findings of its opinion survey on crypto and web3, conducted online by online research data and analytics technology group YouGov. As a follow-up to the report from 2023, Consensys expanded the scope of the survey, reaching over 18,000 individuals aged 18-65. With… Read More

December 11, 2024 @ 7:37 am By Tony Zerucha  |  

A representative from digital identity platform SPACE ID believes the ECB’s [European Central Bank] work on the digital euro leaves plenty to be desired, especially regarding privacy. Alice Shikova made the comments following the release of the ECB’s second progress report. “The ECB’s second progress… Read More