Web3 Social Startup Towns Raises $24M in a Series A Funding Led by Andreessen Horowitz
James DavisWeb2 social media apps, like Twitter and Instagram, are designed to connect people. However, the connectivity comes with a heavy…
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Binance Teams Up With Ingenico To Offer In-Store Crypto Payment In France
George WardAs mainstream crypto-based services continue to soar, more companies are attempting to close the gap between traditional finance (TradFi) with…
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Gamers Responsible For 48% Of Blockchain Activity In January – Report
In the past year, the play-to-earn blockchain gaming sector experienced a decline as players focused more on enhancing their gaming…
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Bill Qian, Ex-Binance Executive, Aims To Drive Web3 Mass Adoption With $100M Investment Plan
The crypto market experienced a sharp drop in value following the shutdown of the second-largest digital currency exchange, FTX. Subsequent…
Coinbase Says it Won’t Back Away From its NFT Marketplace Despite Low Volume
Crypto exchange Coinbase has signaled that it will not abandon its NFT marketplace despite recording a sharp drop in volume…
Tokyo’s Edogawa Ward Will Utilize Metaverse Technology To Address The “Hikikomori” Issue
This year, the ward will host several hybrid (in-person and virtual) meetups to reunite individuals with social isolation issues and…
Polygon Labs Cuts 100 Jobs
Nathan FergusonPolygon Labs, a platform for Ethereum scaling, has decreased its employees by up to 20% (nearly 100 workers), as announced…
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Blockchain Infrastructure Provider Gateway.fm Secures $4.6M Funding Round Led by Lemniscap
Lemniscap has backed a $4.6 million funding round which the blockchain infrastructure provider, Gateway.fm, raised recently. Other investors participating in…
YouTube’s New CEO Neal Mohan Shares Optimism and Potential Impact Of NFTs And the Metaverse
The world's largest video-sharing platform, YouTube, is now under the leadership of Neal Mohan, the former Chief Product Officer at…
Saudi Arabian’s Energy Company Aramco Partners with droppGroup to Pursue Web3 Technologies
Michael ScottA recent announcement by Saudi Arabian Oil Group (Aramco) disclosed partnering with droppGroup to pursue blockchain-based technologies that would benefit…
(GameFi) Gaming and Decentralized Finance
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Polygon Labs President Thinks Web3 Will Produce the Next Jeff Bezos
Ryan Wyatt, Polygon Labs President, has gained popularity since joining the company in January 2022. He was previously involved in…
Amazon Funding Web3 Developer Studio Superplastic Nets $58M in Funding Round
The US-based e-commerce platform Amazon leads other tech and crypto firms in supporting Studio Superplastic in a $20M series A…
Abu Dhabi University Teams Up With 5ire To Democratize Blockchain Research
One of the UAE's premier private institutions, Abu Dhabi University (ADU), is currently at the forefront of blockchain education and…
Blockchain Security Firm Ironblocks Nets $7M in Funding Round
Blockchain-based provider of security services Ironblocks announced raising $7 million in just concluded funding round. The funding round was necessary…