The popular crypto custody platform in Palo Alto BitGo, plans to acquire Prime Trust at an undisclosed price. A source privy to the matter revealed that the BitGo team has been seeking to close the Prime Trust acquisition deal. A person familiar…
Vitalik Buterin, the co-founder of the second largest crypto asset by market value, Ethereum, issued a synthesized roadmap for the technical transition of the network. In a blog post dated June 9, Buterin explained three fundamental aspects that would improve Ethereum scaling,…
An official update issued by the M80, the prominent gaming company, on May 31, confirmed to raise $3 million in a seed funding round. The M80 team announced that the funding round was led by the ExpertDojo team in partnership with VT…
The award-winning film producer Jordan Bayne announced on Monday that Web3 and blockchain technologies provide the artist with a platform to engage their audience. Bayne stated that by adopting crypto technologies, the artist manages to cope with the dynamism in the cinema…
An official publication by the Brooklyn-based blockchain firm Ava Labs revealed that the blockchain firm has successfully launched AvaCloud, a web3 launchpad. The post mentioned that the AvaCloud technology aims at supporting firms to create “no-code,” which will be controlled by blockchain…
A recent report from the Seychelles-based crypto exchange OKX revealed that the firm is seeking to acquire the Digital Asset Service Provider (DASP) permit to pursue the French market. According to the OKX report, the firm plans to establish its regional hub…
Openfort, a crypto infrastructure company, announced on Monday to successfully generated $3 million in a seed funding round. The company plans to redirect the resources to create a “wallet-as-a-service” product designed for Web3 gaming. In its advanced announcement, Openfort revealed that Gumi…
The leading consumer electronic company in South Korea LG has submitted a patent to the World Intellectual Property Organization (WIPO). The patent allows LG users to trade their nonfungible tokens (NFTs) on the TV set. The team behind LG’s latest development confirmed…
An official announcement from Coinbase chief executive Brian Armstrong revealed that part of his team plans to visit the United Arabs Emirates (UAE) to evaluate the suitability of establishing a universal strategic hub. Armstrong stated that Coinbase top executives have arranged for…
An official report from crypto trading platform INX dated May 3 confirms the launching of a unique Web3 wallet for institutional clients. The announcement revealed that the INX developer collaborated with BitGo infrastructure experts to develop the new wallet. The team behind…
On May 2, the Dubai-based crypto exchange ByBit released a unique lending platform for its diverse users. The new product ByBit Lending will allow users to earn interest on payouts. The ByBit community was delighted to announce that the lending platform will…
On April 29, the second largest payment platform, Mastercard, launched a new crypto credential platform. Mastercard Crypto Credential’s platform aims to support the customer to comply with the verification requirements. The developers of Mastercard’s new products confirmed utilizing emerging technologies to mitigate…
An official announcement from Good Luck Games, the developers of video games, including the famous Storybook Brawl (SBB) has announced plans to sunset its operation. The April 25 announcement revealed that the Bahamian crypto exchange FTX’s departure from the digital space negatively…
Chainlink, an entity providing Web3 oracles, has disclosed an exclusive serverless developer forum named ‘Chainlink Functions’ operating on its platform for Web3 services. This would encourage the developers to develop decentralized applications along with creating a link between the smart contracts and…
In the blockchain realm, Web3 is making waves. But what sets it apart from Web2? We must go back to the basics and examine the differences to understand. So, let’s dive deep into the fundamentals of the Web and explore the contrasts…
The prominent American venture capitalist and crypto entrepreneur Tim Draper presented his speech at the 2023 Blockchain week in Paris. In his statement, Draper recited a Bitcoin song he had composed to narrate investors’ loss of confidence in banking. Draper’s piece, “The…
On March 17, the Europe-based software development company Albacore updated the Twitter community on the unexpected entrance of Microsoft into the crypto world. The tweet revealed that the American-based software company Microsoft had developed a unique digital wallet centered on its Edge…
Gaimin, Switzerland’s leading Web3 gaming developer, has activated a unique game launcher on its platform. A report from the Gaimin team dated March 16 revealed that the company would integrate a rewarding system to boost gaming interest. The team plans to launch…
The South Korean-based gaming company Wemade has sealed a partnership deal with Microsoft- backed Space and Time to expand its presence in the Web3 world. Wemade issued a report on March 15 disclosing the plans of the partnership. According to the report,…
Tezos Foundation has recently started a collaboration with Google Cloud, focusing on speeding up the advancement of Web3-based apps on its blockchain. As included in the latest collaboration, Google Cloud – the top search engine platform Google’s cloud division – has consented…
