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Web3 Lost Over $200 Million to Hackers in Two Months of 2024, More to Come – Immunefi
29.2.2024
"2024 will likely witness the most substantial losses in Web3 ever in terms of volume of funds," Jonah Michaels, Comms Lead at Immunefi, told Cryptonews.
The post Web3 Lost Over $200 Million to Hackers in Two Months of 2024, More to Come – Immunefi appeared first on Cryptonews
Japan Positioned as Global Leader in Compliant Crypto Payments, Says Report
28.2.2024
Japan is a global leader in compliant crypto payment services, according to a report published today by independent finance news outlet FinanceFeeds. The conclusion comes off the back of an announcement by Japanese Web3 payments app Slash that it has facilitated a total of more than $10,000,000...
3 Crypto Experts Predict This New Coin Might 50x In March
28.2.2024
A just-launched meme token called FrogWifHat (FWIW) is generating a significant buzz within web3 circles as it attempts to emulate the viral success of its predecessor Dogwifhat (WIF), with three crypto experts predicting this new coin might 50x in March.
The post 3 Crypto Experts Predict This...
Root Protocol announces a strategic partnership with Ankr
28.2.2024
Root Protocol announced joining hands with Ankr. The Protocol has called its association with the provider of blockchain infrastructure and developer tools a strategic partnership. The objective is to strengthen the technical capabilities and achieve the mission of revolutionizing Web3...
Humanity Protocol Secures Funding From Top Crypto VCs for Web3 ID Solution
28.2.2024
Polygon-backed Humanity Protocol has secured strategic investments from over 20 crypto venture capital firms for its privacy-centric Web3 identity solution.
The post Humanity Protocol Secures Funding From Top Crypto VCs for Web3 ID Solution appeared first on Cryptonews
OKX Launches Crypto Exchange in Turkey, Expanding DeFi
27.2.2024
OKX, a leading global Web3 technology company and crypto exchange, has officially unveiled OKX TR, its crypto exchange tailored for users in Turkey.
The post OKX Launches Crypto Exchange in Turkey, Expanding DeFi appeared first on Cryptonews
Dechat Accidentally Shares Honeypot Scam Link in Token Announcement
26.2.2024
New Web3 project Dechat has drawn attention after unintentionally sharing a honeypot scam link during its token announcement on February 26. This mistake was brought to the project’s notice by popular crypto investigator ZachXBT.
The post Dechat Accidentally Shares Honeypot Scam Link in Token...
OpenSea NFT Delisting Sparks Retaliatory Move from Game Developers
26.2.2024
OpenSea, once a dominant force in the NFT marketplace, has hit turbulent waters. The platform finds itself metaphorically shipwrecked along the digital shores of the Web3 game OpenSeason. This dramatic turn of events comes after OpenSea made the controversial decision to delist the game’s...
Saudi Arabia Rolls Out Metaverse Initiative to Celebrate Cultural Heritage
26.2.2024
The Saudi Arabian government has launched a metaverse to display the country’s cultural heritage which includes history, arts, and crafts.
The post Saudi Arabia Rolls Out Metaverse Initiative to Celebrate Cultural Heritage appeared first on Cryptonews
Flux boosts Presearch with node hosting deals
26.2.2024
Flux’s blockchain infrastructure platform is changing the way blockchain nodes are hosted and offering a comprehensive range of services through its marketplace. Since more than three thousand blockchain nodes are now operating, the platform provides a broad network of 12,000 devices, making...
Wallet Watcher by Phantom Wallet goes live
26.2.2024
Phantom announced that it has officially launched Wallet Watcher for Phantom Wallet. The functionality enables users to add a wallet of their preference as a view-only account on the platform. This grants others the ability to access the accumulation of top collectors without revealing a lot...
OVERDARE and Circle aim to promote mobile gaming and Web3
26.2.2024
OVERDARE, Inc., a formidable partnership between KRAFTON, Inc. and NAVER Z Corporation—pioneers in the gaming and metaverse industries—has announced an unprecedented alliance with Circle Internet Financial. Circle, a prominent financial company and issuer of USDC, the top regulated USD-backed...
Circle and NFT-Driven Game ‘Overdare’ Collaborate on Web3 Wallets and USDC Payouts
26.2.2024
Stablecoin issuer Circle and South Korean NFT-driven metaverse ‘Overdare’ are teaming up to allow game developers to build in-game Web3 wallets within the platform.
The post Circle and NFT-Driven Game ‘Overdare’ Collaborate on Web3 Wallets and USDC Payouts appeared first on Cryptonews
Leveraging Web3 to Incentivize Fitness Behavioral Changes — Co-Founder of Sweat Economy Oleg Fomenko
25.2.2024
The start of every year presents an opportunity for new beginnings. Many people set out with ambitions to hit the gym, exercise regularly, or walk more instead of driving. Sadly, it’s estimated that it takes the average American just seven weeks to lose motivation and abandon their New Year’s...
SBINFT’s Jangdeok Ko Links the Surge in NFT Piracy to the Ease of Token Minting
25.2.2024
Since Japan designated Web3 as a “national strategy,” an increasing number of traditional companies in the country have either merged or are contemplating integrating their businesses with Web3, Jangdeok Ko, the CEO of the non-fungible token (NFT) marketplace SBINFT, has said....
Harsh Rajat, Co-Founder of Push Protocol, on Bringing Notifications to Web3, Token-Gated Messaging, Web3 Native Communication | Ep. 311
23.2.2024
Push Protocol's Harsh Rajat discusses the potential for Web3 to hit the one-billion user milestone, how Web3-native communication helps the industry achieve that goal, and the protocol’s industry-altering partnerships with Unstoppable Domains and MetaMask.
The post Harsh Rajat, Co-Founder of Push...
Creo Engine announces integration of OKX wallet into Creoplay
23.2.2024
Creo Engine announced the integration of OKX Wallet with the Creoplay app, enabling its users to access their assets with additional options. This builds on top of MetaMask’s availability. OKX Wallet has been chosen, for it is one of the most trusted crypto wallets in the market and grants access...
Tenzro introduces its AI content platform on Avalanche
23.2.2024
Tenzro launches its AI-related content on Avalanche. The objective is to function as an open, composable platform that enables developers to release AI-enhanced creative content capabilities. Tenzro recognizes that by granting access to decentralized application (dApp) developers with significant...
Ebay’s Web3 Division Reportedly Lays off 30% of Its Employees
23.2.2024
Recently, Ebay, the e-commerce behemoth, implemented significant changes within its Web3 division. These changes resulted in a 30% reduction in the division’s workforce and the departure of a pivotal employee. Among those affected by this restructuring is David Moore, the founder of Knownorigin,...
Startale Labs Secures $3.5M in Funding to Boost Web3 Innovation; Gains Support From Samsung Next and UOB
22.2.2024
Startale Labs disclosed this week that it has garnered an additional $3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startup’s total investment to $7 million, which is earmarked for enhancing the firm’s Web3 offerings. Startale Labs Bags...