Browsing:Web3

Fuse Network
1 year ago 1 min read

Fuse Network Launches Web3 Platform to Drive Crypto Adoption

Fuse Network has launched a payments network designed for mainstream businesses in the hopes of increasing crypto adoption. Fuse 2.0 is a low-cost, adaptable, and user-friendly solution that is compatible with mobile devices and aims to compete with traditional payment networks like Visa and Mastercard. The network is divided into three levels: merchants, operators, and validators. Merchants create Web3 apps for customers, transactions are handled by operators, and validators provide services to operators to develop functional Web3 apps. Fuse CEO Mark Smargon stated that the aim is to promote crypto adoption through ordinary Web3 payments. Further information about Fuse 2.0,

The Metacade presale is selling out fast
1 year ago 3 mins read

Metacade presale investment rockets past $5 million as GameFi investors hurry to buy remaining MCADE tokens

London, United Kingdom, 2nd February, 2023 The Metacade presale is selling out fast with stage 3 coming to a close after just 12 days. The presale of the play-to-earn (P2E) metaverse arcade saw its previous rounds sell out within 4 weeks, raising $2.7 million but this has been dwarfed in comparison to the third stage selling out at lightning speed and bringing the project to raise past $5 million in just several days.    Metacade is set to deliver the ultimate blockchain gaming experience, merging the worlds of gaming and crypto in a seamless and exciting way. Development of the P2E arcade is

Pfizer Ventures Invests in VitaDAO's Longevity Research with $4.1M Funding
1 year ago 1 min read

VitaDAO Secures $4.1M Investment from Pfizer Ventures for Longevity Studies

VitaDAO, a Decentralized Autonomous Organization (DAO) focused on longevity research, has closed a $4.1 million funding round led by Pfizer Ventures. The funding round also includes contributions from Shine Capital, L1 Digital, BeakerDAO, Spaceship DAO, former Coinbase CTO Balaji Srinivasan and Retro Biosciences’ Joe Betts-LaCroix. VitaDAO was founded in 2021 with the aim of funding research into diseases of aging and cellular biology, and has deployed over $3.5 million towards these goals. The latest funds will be used to fund longevity research projects and to incubate VitaDAO’s first biotech startup. The group is governed by its native VITA token, and

Fortnite player Mongraal set a high score on Bored Ape Yacht Club's game Dookey Dash
1 year ago 1 min read

Fortnite Star Mongraal Scores Big on Bored Ape’s Dookey Dash NFT Game

Professional Fortnite player Mongraal set a new high score on Bored Ape Yacht Club’s game Dookey Dash and posted a screenshot on Twitter. The high score may attract the attention of Mongraal’s 2 million Twitter followers and 4.6 million YouTube subscribers to NFTs and crypto gaming. The move may direct attention to Yuga Labs, the creator of Bored Ape Yacht Club, and the crypto gaming industry. Blockchain-based gaming has been a major focus in crypto VC space but hasn’t seen sustained traction yet. Yuga Labs’ latest NFT drop, Sewer Pass, is tied to the high score in Dookey Dash, with

GAIN Expo, May 04-05, Amsterdam, The Netherlands
1 year ago 1 min read

GAIN Expo, May 04-05, Amsterdam, The Netherlands

Not every leader is an innovator. But every innovator is a leader. On May 4–5, Amsterdam will be held the first event dedicated to innovation in the game industry. The exhibition will feature over 50 exhibitors who want to share their innovative products and developments.   How to use it? What is the interest? Why do you need to integrate it into your business now?   Take everything you have about NFT, AI, Metaverse, and AI – register and participate in the biggest innovation platform around the gaming industry.  In Two-day event will take part:  key software manufacturers  game developers  blockchain tech

Avraham Eisenberg is facing a legal battle with the Solana-based DEX
1 year ago 1 min read

Mango Labs Takes Legal Action Against Alleged Hacker Eisenberg

Avraham Eisenberg is facing a legal battle with the Solana-based decentralized exchange (DEX) Mango Markets over a “profitable trading strategy” he allegedly used to exploit a vulnerability on the platform and take advantage of the exchange’s users. In October 2022, the trading platform reported an anomaly and took precautionary measures to protect users’ funds. The hacker was identified as Avraham Eisenberg and the U.S. Department of Justice arrested him for carrying out a $110 million exploit of the exchange. The Securities Exchange Commission (SEC) has charged Eisenberg with securities manipulation, and the Federal Bureau of Investigation (FBI) and the Commodities

Bunzz a web3 development platform for decentralized applications, has completed a $4.5 million seed round.
1 year ago 3 mins read

Bunzz Raises $4.5M Seed Round to Expand its Smart Contract Hub for DApp Development

Singpore, Singapore, 24th January, 2023 Bunzz a web3 development platform for decentralized applications, has completed a $4.5M seed round. Investors included gjmp, DG Daiwa Ventures, Coincheck, and Ceres. Funding will be used to help build out Bunzz’s Smart Contract Hub, which is already used by more than 8,000 dApp developers. (Product page: https://bunzz.dev/ ) Bunzz has established a strong track record since its launch 11 months ago. Over 8,000 DApp developers have been using the platform, and more than 3,000 DApp projects have been deployed on-chain, making it one of the largest DApp development infrastructures in Asia.  The platform has been recognized by

Cyvers web3
1 year ago 3 mins read

Web3 Security Company Cyvers Releases DeFi Threat Detection Report

Yoqneam, Israel, 25th January, 2023 Cyvers, a web3 security company founded by Deddy Lavid and Meir Dolev, has released a security report analyzing the major events, types of threats, and best practices for protecting assets in the DeFi space. The comprehensive report provides valuable insights for projects and organizations looking to securely participate in the web3 ecosystem. The state of web3 security in 2022 was a major concern for industry participants and regulators alike. The rapid evolution of financial technology in the space led to an increase in security vulnerabilities and a corresponding rise in hacking incidents.  Over $3.1 billion was lost

Yesports.gg web3
1 year ago 2 mins read

Yesports Partners with 30+ World Class Web3 Games to Announce “Convergence 2023” — The Largest Digital Web3 Gaming to Esports Conference

New York, United States of America, 23rd January, 2023 Yesports.gg, the leading gateway for web3 gamers and esports fans, announced today that registration is now open for the highly-anticipated “Convergence 2023” event.  The largest digital web3 gaming to esports conference, hosted by Yesports founder Sebastian Quinn, will take place over three days and features founders from 35 of the top web3 games, including; ZedRun, Decentral Games, Planet IX, Fabwelt | Arsenal, Exiled Racers, Undead Blocks, Metalcore, and Shatterpoint. This unique digital conference will also feature 3 leading global esports founders from The Alliance, Talon, and Infinity.  “We’re thrilled to announce the launch of

there are also potential drawbacks to the use of CBDCs. One major concern is the potential for increased government surveillance.
1 year ago 2 mins read

What is CBDC and what are its bad effects?

A Central Bank Digital Currency (CBDC) is a digital version of a country’s traditional fiat currency, such as the US dollar or the Euro. It is issued and backed by the country’s central bank, and can be used for transactions just like physical cash. The idea behind CBDCs is to provide a digital alternative to cash that is more efficient and secure, while also maintaining the stability and trust that people have in their country’s currency. However, there are also potential drawbacks to the use of CBDCs. One major concern is the potential for increased government surveillance. Because CBDC transactions

MatchboxDAO
1 year ago 1 min read

MatchBoxDAO unveils new esports platform for Web3 developers

MatchBoxDAO, a group of developers, artists, and designers, has launched MatchBox Arena, an esports experience tailored for Web3 developers. The tournament, called “0xMonaco: Battle of Titans,” aims to discover which company has the best technical team by bringing together developers from top Web3 companies such as Uniswap, Ledger, Polygon, Chainlink, and Near. The tournament will be streamed live and feature esports commentators. On-chain games for developers take a unique approach, focusing on strategy games where players use smart contracts to code their strategies. This means that games like 0xMonaco will require high technical skills, creativity, and quick adaptability to win.

Nightshift joins forces with MoonPay in strategic acquisition
1 year ago 1 min read

MoonPay expands capabilities with acquisition of web3 studio Nightshift

Web3 infrastructure firm MoonPay announced its first acquisition, acquiring creative studio Nightshift for an undisclosed amount. Nightshift, based in Toronto, will rebrand to Otherlife by MoonPay following the acquisition. MoonPay first started as a fintech, offering a way to buy crypto products with fiat currency, but over the last year, it has made a play for the NFT (non-fungible token) space. In June, it launched Hypermint, a service that allows brands to mint up to 100 million digital assets at once. In September, the company partnered with entertainment giant Universal Pictures to roll out an NFT-based scavenger hunt for Universal

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