Category: Web3
Bitget Acquires $30 Million Stake In BitKeep
Bitget, a crypto exchange headquartered in Seychelles, has acquired a controlling stake in the decentralized multi-chain wallet firm, BitKeep, by investing $30 million in its…
Mastercard Partners With Stables To Help Users In APAC Spend Stablecoins
Mastercard, a global payment platform, recently announced a partnership with Stables, an Australian stablecoin firm, to integrate their digital wallet with Mastercard’s international payment services….
ZenGo Discovers ‘Red Pill Attack’ Flaw In Web3 Apps
The developers of ZenGo, a crypto wallet, recently published a blog post revealing security flaws in transaction simulation solutions employed by well-known decentralized applications (dApps)….
Coinbase To Set Up Office Overseas As US Crypto Crackdown Continues
Per reports, Coinbase has notified its institutional clients of plans to establish a new offshore trading platform. Besides, the stringent regulatory landscape in the US…
Data Infrastructure From Blockchain Technology Can Benefit AI – Report
The rapid rise of ChatGPT from Open AI has been truly remarkable, with the AI-based platform reaching 100 million users in just 2 months of…
KuCoin Spearheads A $10 Million Funding Round For The Issuer Of Yuan-pegged Stablecoin
The investment division of a prominent crypto exchange, KuCoin, is taking steps to endorse the stablecoin projects by supporting a stablecoin issuer pegged to the…
UAE And India Will Work Together To Develop Digital Currencies
To explore the possibility of interoperability between their respective CBDCs, the UAE — United Arab Emirates and India have announced plans to conduct pilot programs…
Stablecoin Redemption Begins As 314 Million USDC Moves To Unknown Wallet
The crypto industry is on the verge of recovering from the stablecoin dollar incident that has rocked the USD Coin (USDC) token. Per the Web3…
All You Need To Know About Web3 Games
Web3 games—also referred to as decentralized games—are a brand-new category of video games that use blockchain technology to let users buy, sell, and trade in-game…
MasterCard Will Now Let Users Make Cryptocurrency Payments In Web3 Through USDC Settlements
A collaboration has recently taken place between Immersve (a protocol for Web3 payments) and Mastercard (a big player in the world of payments). The partnership…
NFT Creator Yuga Labs Announces First Bitcoin-Based Project
Yuga Labs, the firm behind the popular NFT collection, Bored Ape Yacht Club, is set to launch its first Bitcoin NFT project this week. The…
Proof-of-Reserves Audits Guide 2023 – All You Need To Know
As institutional and retail investors show more interest in digital assets, the options of getting custody of the assets are also growing simultaneously. Therefore, as…
Coinbase Announces Base, Its Own Ethereum Layer-2 Network
On Thursday, US leading crypto exchange Coinbase revealed Base, an Ethereum layer-2 network. The firm explains that Base will host all the exchange’s on-chain products…
Founder of Fast-Rising NFT Marketplace Blur Finally Reveals Himself
On Thursday, one of Blur’s founders publicly revealed his identity after being pressured by crypto Twitter. Tieshun Roquerre, popularly known as Pacman, co-founded Blur, an…
Blur Outshines OpenSea as Ethereum NFT Trading Soars
Data from Dappradar shows that the NFT marketplace, Blur, generated over $450 million in Ethereum NFT trades over the last seven days, representing a 360%…
OpenSea Suspends Trading of Rihanna NFTs
As Rihanna’s fans recover from her excellent performance at Super Bowl, NFT enthusiasts are frustrated by the decision of Marketplace OpenSea to suspend secondary sales…
NFT Traders Finally Received Blur Tokens – Find Out Who Got the Most
Blur, an NFT marketplace, held its long-awaited token airdrop yesterday, with some traders receiving tokens worth over $1 million based on current value. The top…
Blockchain Association Director Calls on IRS to Focus on CEXes
In November 2021, President Joe Biden signed a bipartisan infrastructure plan into law. Through it, he established a new tax rule that defined a broker…
Dubai has a New Regulatory Framework for Crypto Firms
On Thursday, Dubai’s Virtual Assets Regulatory Authority (VARA) announced a new rulebook meant to regulate the crypto industry. This move forms part of Dubai’s wider…
Web3 Community Donates Millions in Crypto to Turkey Following Earthquakes
Several crypto firms, including Tether, OkX, Binance, Kucoin, and Bitfinex, have collectively pledged roughly $60 million in donations to help the victims of the devastating…
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