FractureLabs sues Jump Trading, accusing the firm of manipulating the DIO token

1 min read

FractureLabs, a game development studio, has taken legal action against Jump Trading, alleging that the trading firm manipulated the price of the DIO token back in 2021. The lawsuit claims that Jump Trading, known for its algorithmic trading expertise, took advantage of its position as the market maker for the DIO token during its sale on the Huobi exchange. They were supposed to keep the token’s price stable, but instead,

UXLINK Celebrates Milestone of 28 Million Global Users

2 mins read

UXLINK, the world’s largest Web3 social platform and infrastructure provider, proudly announces a significant milestone of reaching over 28 million users globally. As the leading Web3 platform, UXLINK continues to shape the future of decentralized social networking by seamlessly connecting users, developers, and real-world scenarios in sectors such as food, clothing, housing, and transportation. With a mission to build a comprehensive Web3 ecosystem, UXLINK offers an innovative social graph that

Dogecoin Millionaire Aims To 100X Their Profits With Cutoshi And Tron This October!

4 mins read

Dogecoin’s price recovery is imminent as active addresses are on the rise. This has led to the Dogecoin price recording a monthly surge of over 10%. Tron (TRX) has also performed better than most mega altcoins, recording a YTD of over 84%. However, a new Ethereum-based utility token seems to have captured the attention of investors with a 46% surge in just stage two of its presale. With this, large

Axelar Selected by TON for Open Interoperability Across Web3

4 mins read

Axelar Foundation and the TON Foundation announced today that TON, the open network, will be integrating Axelar’s Mobius Development Stack (MDS) as an interoperability platform, following a comprehensive evaluation of cross-chain solutions. Axelar’s Interchain Amplifier technology offers secure, seamless integration, connecting the TON ecosystem with over 68 blockchains. This integration aims to boost TON’s scalability and drive new opportunities for mass adoption, while Web3 applications across the ecosystem gear up to leverage these

Second Edition of SuperBridge Summit 2024 kicks off today with the participation of 70 speakers

5 mins read

Dubai, United Arab Emirates, 15, October 2024: The second edition of SuperBridge Summit kicked off today (October 15, 2024), at the One&Only One Za’abeel Hotel in Dubai with Trip.com, NICE, Laix Inc., Dubai Chambers, MVGX and METACOMP, sponsors of this year’s edition. Organized by the Dubai World Trade Centre (DWTC) and SuperBridge Council, the SuperBridge Summit featured an opening remark by Hadi Badri, CEO of Economic Development of Dubai Economy

Ubisoft to launch its first Web3 game with the Oasys layer 2 HOME Verse

1 min read

Ubisoft is set to make waves in the gaming world with the launch of its first web3 game, “Champions Tactics: Grimoria Chronicles,” on October 23rd. This tactical RPG invites players to dive into the dark fantasy realm of Grimoria, where they can assemble teams of unique mythical Champions for exhilarating PvP battles. Developed in collaboration with Oasys and double jump.tokyo, the game aims to seamlessly integrate web3 technologies, allowing players

The Crypto Ad Network Aads Introduces An Advanced Technology For Monetizing Website Traffic

3 mins read

For 13 years, the AADS ad network has enabled publishers to monetize website, blog, and media traffic in cryptocurrency. Game-changing technologies make the platform a solution not only for large sites but also for smaller ones, as there is no entry threshold. At the same time, AADS offers advertisers the opportunity to promote their projects with a low CPM by depositing cryptocurrency or using a bank card. The ad network offers a

Klumi Ventures and DWF Labs Join Forces to Grow the UAE Web3 Ecosystem

4 mins read

Klumi Ventures, the first regulated Web3 Venture Capital and Fund Manager based in Abu Dhabi, and DWF Labs, a new generation Web3 investor and market maker have joined forces to bring the already flourishing Web3 ecosystem in the UAE to new heights.  This partnership underscores our mutual commitment to advancing the Web3 and digital asset landscape in the UAE, in line with the Abu Dhabi Economic Vision 2030. By combining

Blockchain Life 2024 in Dubai: Top Companies and Key Industry Figures Gather in the World Crypto Capital

1 min read

On October 22-23, Dubai will host the 13th international forum Blockchain Life 2024 – one of the largest global events in the field of web3, cryptocurrencies, and mining. The forum will feature over 10,000 leading experts, crypto entrepreneurs, and enthusiasts from 120 countries. Participants and speakers will discuss earning strategies, current issues of crypto market development and new trends ahead of the bull cycle. Among the speakers at the forum:

Catalyze introduces Web3 community learning app

1 min read

Catalyze, a community platform for Web3 education, has launched its app (catalyze.one) and campaign to onboard the next generation of Web3 leaders. According to the company, the platform was built with the aim of revolutionizing community management with intuitive Web3-based tools, enabling users to create and manage communities, schedule events, and facilitate value exchanges within a decentralized framework. With that vision in mind, the team added that Catalyze is set

A judge allows a class-action lawsuit against DraftKings over its NFTs to proceed

1 min read

A federal judge in the United States has denied DraftKings’ request to dismiss a class-action complaint brought by purchasers of the company’s Non-Fungible Tokens (NFTs). The lawsuit alleges that DraftKings, together with its CEO, CFO, and president, have engaged in the sale of NFTs that should be classified as unregistered securities, so contravening federal securities laws. Justin Dufoe initiated the legal action in March 2023, contending that DraftKings’ NFTs meet

Aptos Labs partners with NBCU to transform fan experiences with Web3 and Blockchain

1 min read

Aptos Labs has announced a multi-year strategic development agreement with NBCUniversal, aiming to revolutionize fan experiences, loyalty, and gaming through blockchain technology and Web3. The agreement will explore integrating accessible blockchain technology and Web3 with NBCUniversal’s properties, connecting fandoms to the content they love. Mo Shaikh, co-founder and CEO of Aptos Labs, aims to deliver world-class, internet-grade blockchain products and solutions to the market. Universal Pictures, Vice President of Technology