Funding in Web3 for 2023 is gaining more attention with the recent $10 million raised by Createra and a16z to develop a Gen-Z gaming metaverse. Createra...
FilSwan has announced a $3 million fund to facilitate the development of Web3 dApps. The funds are targeted at supporting the company’s product development and user...
The second largest private bank in Brazil, Bredesco launches its first tokenized bank credit note. The launch was marked by the completion of a total of...
The Seoul Metropolitan Government has taken a remarkable step into the metaverse, launching a Metaverse project, ‘Metabus Seoul’ and now opens it to allow residents of the...
A Singapore court has extended the creditor protection for the troubled crypto lending platform Vauld. The company is anticipated to develop a resurrection strategy before February...
Three Arrows Founders wants to launch a $20 billion exchange in collaboration with CoinFlex by giving succor to users of bankrupt exchanges FTX. Founders of Three...
The Islamic Republic of Iran and Russia are partnering to release a gold-backed stablecoin. According to the course, the two countries want to have a stablecoin...
Developments from the Shiba Inu ecosystem show that the beta version of its layer 2 blockchain, Shibarium, will be released soon. Shiba Inu has moved from...
The Georgian central bank plans to release a document outlining the idea of a national digital currency. It will be used to polish up their suggestions...
No one knew that an $8 billion loss was coming into the crypto space as a result of the collapse of FTX in 2022. The SBF-led...
CoreDAO has announced that its blockchain project, Core blockchain, is live on mainnet. Participants on the network can now engage with other users, become validators, and...
Midas Capital, a DeFi lending and borrowing platform paused borrowing on its Jarvis Polygon pool citing a suspicious transaction. The transaction, according to Midas Capital, involved...
Gaming is an integral part of the Web3 ethos as a report from 2022 shows that crypto games accounted for 49% of all dapp activity, “with...
The Central Bank of Nigeria is set to release a credit card for local transactions. Nigerians will have it as an option alongside Mastercard, Discovery, and...
North Korea’s Lazarus Group moved crypto assets worth $63.5m into three different exchanges between January 13 and January 14, 2023. According to the source, a total...
Web3 gaming platform Gala games, unfolding its 2023 events, said it is launching GALA burn. This idea of burning tokens, referred to by Gala Games as...
Digital Currency Group (DCG), a crypto venture and owner of Coindesk as well as Genesis, has been targeted with allegations related to how its businesses, especially...
In a bid to expand its ecosystem, Cardano will allow the development of customized sidechains. According to Input Output Global (IOG), the team behind Cardano, there...
The U.S. Security and Exchange Commission allegedly filed complaints charging Genesis Global Capital, LLC and Gemini Trust Company, LLC for selling unregistered offers and securities to...