Japan’s Financial Group To Launch Soulbound Tokens For Web3 Exploration
Sumitomo Mitsui Financial Group (SMBC), the Japanese financial platform, wants to explore the Web3 ecosystem by issuing SoulBound tokens (SBTs)…
Warner Music Launching Web3-Based Music Platform alongside LGND and Polygon
Warner Music confirmed launching the LGND Music platform in 2023, founded on Web3 technologies. Announcing the breakthrough in creating the…
Israel-Based Cybersecurity Startup Raises $8M To Provide Web3 Security Solutions
According to reports, Cyvers, an Israel-based cybersecurity solutions provider, has managed to raise $8 million in a funding round headed…
Animoca Brands Acquires Significant Stake in Pixelynx
Animoca Brands Acquires Significant Stake in Pixelynx Animoca's desire to expand its Music, Web3, and gaming portfolio is set to…
Polychain Capital Leads $25 Million Fundraise For The Web3 Developer Platform Fleek
On Thursday, Fleek, an online community for Web3 developers, announced that it had raised $25 million in Series A funding.…
Auros Global Defaults On 2,400 wETH Loan After FTX Contagion
Auros Global, an algorithmic crypto trading platform, is among the crypto entities suffering from the collapse of FTX. The platform…
Polygon Scores Another Milestone With The Graph Network Integration
The Polygon ecosystem continues to be busy with strategic expansion and partnerships as the end of the year draws closer.…
The $1 Billion Royalty Paid To The OpenSea’s NFT Creators
The top 10 most valuable non-asset collections received 80% of the $1 point 1 billion in revenue earned by originators…
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Ukraine Is All Set To Update Its Cryptocurrency Framework In Collaboration With International Consultants
The regulatory community of Ukraine, while operating on the crypto agenda of the country as well as the adequate modifications…
Animoca Announces $2 Billion Fund Targeting Metaverse Developers
Animoca Brands' chief executive confirmed establishing a billion-dollar fund for start-ups focusing on metaverse development. The announcement by the developer…
The FTX Meltdown Ruined A Samsung-Owned Subsidiary
Samsung Next, a Samsung investment subsidiary, is the latest victim of FTX's demise after investing in the exchange during a…
OpenSea CEO considers FTX Fallout a Wake up to Decentralization and Opportunity for Crypto Refocus on Trust
OpenSea chief executive Devin Finzer considers the FTX collapse as an opportunity to refocus on the decentralization benefits. Finzer reassured…
Web3: Animoca To Create Up To $2 Billion Investment Scheme For Metaverse
The famous video-game software firm, Animoca Brands, has taken to the public to announce its intention to create a Metaverse…
Phantom Wallet Expands Services To Polygon And Ethereum
Phantom, a Solana-based platform, is the largest wallet on the Solana network, focusing on Solana-based coins. While announcing its upcoming…
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Dominica And Huobi To Launch DID And DMC Projects
Huobi, a crypto exchange platform, has signed an agreement with the Commonwealth of Dominica. Both entities will work on a…
Amidst The FTX Fiasco, Cardano Gains Over 100K Unique Wallets This Month
Numerous networks are recording a massive rise in activity and interest even though the crypto market has been on a…