Startale Labs disclosed this week that it has garnered an additional $ 3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startup’s total investment to $ 7 million, which is earmarked for enhancing the firm’s Web3 offerings. Startale Labs Bags $ 3.5M Capital Injection From UOB …
Telefonica, one of the world’s largest telecom companies, has partnered with Chainlink, a decentralized oracle provider, to improve security in Web3 environments. Through the use of Chainlink functions and Telefonica’s SIM Swap API implementation, Polygon apps would be able to check if the SIM of a mobile phone has changed in a given period. Telefonica […]
The Aptos Foundation has revealed its collaboration with Jambo, a creator of blockchain-enabled smartphones, to bolster emerging markets through Web3 innovation. The pair state that their alliance seeks to improve Web3 access and knowledge in areas that would benefit greatly, by utilizing the layer one (L1) blockchain technology of Aptos in tandem with Jambo’s dedication […]
PRESS RELEASE. February 16, 2024 – I Am Hip Hop TV, a pioneering startup dedicated to revolutionizing digital media distribution, announces its strategic approach to enhancing brand visibility and driving engagement across major social media platforms. With a focus aon inciting meaningful user interaction that translates into increased awareness and sales conversions, the company has […]
Universal loyalty programs can serve as potent tools, not only forging a direct link between a brand and its consumers but also influencing the latter’s shopping behaviour, Gennady Volchek, the CEO of the loyalty rewards app Shping, has said. However, by harnessing the power of blockchain and cryptocurrency, these loyalty programs empower brands to connect […]
PRESS RELEASE. Blockchain gaming showed more resilience in the bear market. As we entered 2024, many including studio executives predicted millions of people would come to Web3 for the sake of gaming. Some of the attributes strengthening this season’s affinity to gaming hype are the anticipation of more commercial releases from beta versions, the launch […]
On Monday, the Web3 blockchain interoperability platform Analog announced the team has raised $ 16 million in a funding round from a wide array of venture capitalists and firms including Balaji Srinivasan, Tribe Capital, and Wintermute. Furthermore, Analog has launched its Launch Partners Program to bolster the presence and market dominance of cross-chain initiatives. …
Ethereum Name Service (ENS), a Web3 service provider, and Godaddy, a domain and web hosting company, announced they are partnering to link domains with Web3 addresses. The link between current internet domains and Ethereum-based domain services will allow users to leverage their current domain across Web3 applications, easing the entrance of newcomers to the space. […]
Okx has said it will be adding support for four inscription token standards to its Web3 wallet at the beginning of and in late February. The Web3 firm has said the addition of inscription standards to its Web3 wallet and marketplace helps Okx drive the adoption of Web3 and power its next growth phase. Driving […]
On Monday, Kresus, the Web3 platform specializing in cryptocurrencies and non-fungible tokens (NFTs), unveiled a collaboration with Tools for Humanity, the creators of the Worldcoin initiative and the World ID identification system. World ID Meets Kresus App Kresus and Tools for Humanity (TFH) have unveiled a new partnership. In a joint effort, TFH’s World ID […]
Core DAO, the foundation supporting Core Chain protocol, said on Jan. 24 that it has launched a fund to “provide resources and networks to support African Web3 builders.” Brendan Sedo said since much of Core DAO’s community is in Africa, it therefore made sense to launch a fund that supports the continent’s Web3 builders. More […]
LBank Labs, at the forefront of Web3 venture capital, is excited to announce its significant investment in Entangle, this strategic move is focused on bolstering Entangle’s revolutionary mission to unify Web3 communications and enhance ecosystem liquidity. Entangle stands out with its customizable Interoperation infrastructure, designed to scale and secure decentralized applications (dApps) across various blockchain […]
This week the collectibles and candy company Topps communicated with its customers regarding its non-fungible token (NFT) initiatives. The company acknowledged encountering challenges with a payment service provider in January 2023, leading to a transition to a new provider, Fortress, in September. Nevertheless, regulatory constraints have resulted in the unavailability of custodial wallets for collectors […]
PRESS RELEASE. Tracks, the innovative Web3 music streaming dApp created by LABEL Foundation and built on the BNB Chain, is now available on LG Smart TVs running webOS 22 and webOs 23, globally. This pioneering launch introduces the first-ever Web3 music app on an LG smart TV platform, transforming how users engage with music streaming. […]
Paper Ventures, a new blockchain venture capital (VC) fund focused on early-stage Web3 and blockchain projects, has been launched with an initial fund of $ 25 million. The fund, founded by experienced venture capitalists, will not only invest in outstanding projects but will help nurture them. New Fund Backed by Leading Industry Figures A …