Piyush Gupta – CEO of Singapore’s largest financial institution DBS Bank – believes cryptocurrencies could turn into an alternative to gold and its role in the current financial system. However, he doesn’t think digital assets […]
Ether (ETH) investors are having a rough time in 2022, with ETH accumulating 25% losses year-to-date as of March 17. Still, the cryptocurrency has bounced multiple times near $2,500 over the past couple of months, […]
Top U.S. crypto exchange Coinbase has added wallet support for Solana (SOL) and its ecosystem of Solana tokens (SPL). Coinbase cited the surging interest in Solana over the past 12 months as investors look for […]
As the military conflict between Ukraine and Russia continues, Web3 has stepped up for Ukraine, sending nearly $100 million in crypto donations to the Ukrainian government and NGOs operating in the region, according to Ukraine’s […]
The Bored Ape Yacht Club (BAYC) has officially revealed their ERC-20 utility and governance token ApeCoin (APE), marking a diversification from profile-picture projects (PFPs) into “culture, gaming and commerce” within the Web3 sphere. The asset […]
The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a U.S. Securities and Exchange Commission […]
The Australian Competition and Consumer Commission (ACCC) is taking Meta Platforms, Inc. (formerly Facebook) to the Federal Court, alleging that the firm and its Irish branch engaged in “false, misleading or deceptive conduct” by publishing […]
Web3: We must be prepared to keep pushing back against such dangerous trends, like creeping centralization, even when doing so is the harder path, says the CEO of Livepeer, Doug Petkanics. It will take more […]
Penguin Karts is an immersive 3D battle-racing game built on the blockchain. Essentially, it takes the arcade-style kart racing you know and love and seamlessly introduces NFT dynamics alongside a Play-to-Earn system. A lot has […]
The funding round was co-led by Andreessen Horowitz’ a16z and major crypto VC firm Paradigm. Optimism, a layer 2 scaling solution on the Ethereum network, has secured $150 million in a Series B funding, the […]
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