Web3

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

January 25, 2023 3 mins read

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

Web3 Security Company Cyvers Releases DeFi Threat Detection Report

January 25, 2023 3 mins read

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

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

January 24, 2023 2 mins read

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,

What is CBDC and what are its bad effects?

January 23, 2023 2 mins read

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

MatchBoxDAO unveils new esports platform for Web3 developers

January 21, 2023 1 min read

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,

MoonPay expands capabilities with acquisition of web3 studio Nightshift

January 19, 2023 1 min read

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

BlockchainSpace Makes An Exceptional Move for Web3 Community Support with Metasports Acquisition

January 19, 2023 3 mins read

Manila, Philippines, 19th January, 2023 BlockchainSpace CEO and Founder Peter Ing, Metasports CBO and Co-Founder Lars Hernandez, and Metasports CEO and Co-Founder Joe Josue are optimistic that the majority acquisition of Metasports will make waves in Web3 and bring great value to their stakeholders in the coming years. BlockchainSpace (BSPC), the leading data aggregator and infrastructure provider for guilds and Web3 projects, is confident that 2023 will be a banner

South Korean Court Rules NFT Game Items Unfit for Trading

January 17, 2023 1 min read

On Friday, a court in South Korea ruled against the release of a blockchain-based play-to-earn (P2E) game called Five Stars. The Seoul Administrative Court dismissed the developer’s appeal against the Game Rating Administration Committee’s decision not to process the age rating for the game. At the heart of the issue is the use of non-fungible tokens (NFTs). The court ruled that NFTs are not game items if they are traded

Jesse Lingard launches his JLINGZ esports brand into the metaverse

December 16, 2022 1 min read

Jesse Lingard’s JLINGZ esports brand is partnering with Virtua, a game metaverse platform, to build unique fan experiences in the metaverse. This collaboration will involve metaverse esports, digital collectibles, exclusive access, virtual spaces, and video games. Virtua will give away Jesse Lingard VFLECT digital collectible avatars to the first 1,000 people to sign up for the partnership. The sports zone on Virtua Island will feature the JLINGZ Esports partnership and

Web3 explained in simple terms

December 9, 2022 1 min read

Web3 refers to the third generation of the World Wide Web, which is focused on the use of decentralized technologies such as blockchain and peer-to-peer networks. The main idea behind Web3 is to create a more open, decentralized, and secure internet, where users are in control of their own data and digital assets. This is in contrast to the current state of the web, which is largely centralized and controlled

Safeheron, a digital asset self-custodian, launches their Web3 Product Suite

December 1, 2022 3 mins read

Singapore, Dec. 01, 2022 (GLOBE NEWSWIRE) — The most recent FTX event has triggered a chain reaction in the market, and the aftermath continues to remind the market that centralized custody poses its own risk. The Web3 ecosystem is still in its infancy, and its infrastructure is not yet completely developed. When it comes to digital asset custody, the bulk of custody service providers on the current market cater to

DCENTRAL Is Bringing its Legendary Web3 Conferences to Asia, Starting in Vietnam

November 30, 2022 2 mins read

Miami, Florida, 29th November, 2022, Chainwire DCENTRAL has earned a reputation for hosting can’t-miss, community-focused Web3 industry conferences like DECENTRAL Miami and DCENTRAL Austin. Building on the huge success of these events, now DCENTRAL is expanding its reach across the globe. In 2023, DCENTRAL will bring its renowned conference to Asia, kicking things off with the first-ever DCENTRAL Vietnam, coming to Ho Chi Minh City on May 11 to 12 2023. Whether it’s