Web3 Financial News

27.06 / 10:31

business Blockchain Adoption Europe Web3 100 tokenized Teslas ‘democratize’ and ‘decentralize’ Web3 ride sharing

A Vienna-based car-sharing service company has outfitted nearly half of its 200+ fleet of cars with blockchain-based self-sovereign IDs for tokenization purposes.

23.06 / 23:55

DEX Web3 Metaverse Play To Earn Optimism Op Price week Is it Too Late to Buy Optimism? OP Price Blasts Up 27% in a Week and Web3 Coin LPX May be The Next Crypto To Explode – Here's Why

Optimism (OP) is demonstrating an impressive recovery, having surged 27% in the past week following a new YTD low of $0.895 on June 10. OP is currently trading at $1.411, indicating a 4.06% increase so far today.

23.06 / 17:05

Blockchain Web3 security Scams Fraud Web3 protection tool releases update that improves security against scam tokens and dangerous contracts

Web3 and other blockchain-powered markets are still in their infancy, with most of the underlying technologies, economic models and coding architectures still being improved, tested and updated. While this is normal for an emerging market and technology, there are always loopholes that bad actors can exploit and target to attack their victims. In particular, with social engineering tactics, scammers manipulate users’ emotions and create a sense of trust and urgency.

23.06 / 13:13

event Blockchain Social Media Web3 identity Crypto scammers and the need for tools to prevent theft: World Token Summit

Digital fraud is a huge problem in social media. Each day, scammers create new accounts mimicking popular content creators, and attempt to get fans and other unsuspecting victims to send them money. To solve the problem, some turned to the blockchain to try to create and implement a decentralized social identity verification system.

22.06 / 16:47

business Blockchain Technology Investments Web3 Digital Asset BitGo terminates acquisition of Prime Trust

On June 22, wallet infrastructure provider and digital asset custodian BitGo announced on Twitter that it had decided to cancel its acquisition of fintech infrastructure provider Prime Trust. According to BitGo, “This decision was not made lightly.” The full announcement read:

22.06 / 00:07

Ethereum Adoption NFT Web3 play-to-earn Blockchain Game epic Immutable’s Gods Unchained launches on Epic Games Store

Immutable Games’ Web3 trading card game Gods Unchained is now listed on the Epic Games Store and is available to its 230 million customers, according to a June 21 announcement.

21.06 / 19:11

regulation Web3 Hong Kong Should Follow Singapore, Japan in Crypto: Government Study

A government study conducted by the Research Office at Hong Kong’s Legislative Council has suggested that the city should take cues from countries like Japan and Singapore in its efforts to develop and embrace Web3 technologies and crypto.

21.06 / 18:51

Blockchain Provident Digital Web3 Web3 Investments: The Perfect Hedge Against Disruption, Says Corporate VC

Web3 investments are being touted as the perfect hedge against disruption in the tech industry, according to Martin El-Khouri, a senior director at venture capital firm Bertelsmann Investments.

21.06 / 17:17

business Technology Adoption Investments Web3 Decentralization Support Crypto payment solution Ramp expands on-ramp service, adds support for 40 fiat currencies

Ramp, a financial technology company specializing in crypto infrastructure, has announced a significant expansion of its platform’s compatibility, adding 40 new fiat currencies.

20.06 / 10:19

Blockchain Adoption Web3 Tokens Decentralization Power Social capital: A revolution in measuring community power on social media

As social media platforms continue to dominate people’s daily lives, the power of influencers and their ability to sway public opinion has become a highly valuable asset. But how does one accurately measure this power? Is it based solely on the number of followers or likes an influencer has? In this article, we'll explore the limitations of evaluating community power based on followers and engagements alone and examine an alternative metric called Social Capital.

19.06 / 17:03

solana Web3 applications Bitcoin How To saga How to use Solana Saga to buy and sell crypto

Solana launched its Web3 mobile phone, the first of its kind, in April 2023. The phone packs all the usual functionalities users have come to expect from a smartphone and tops it up with a Web3 experience. It includes a decentralized application (DApp) store and seamless integration across crypto wallets and DApps. Saga has been tagged as the phone “that keeps on giving.”

19.06 / 13:19

Art Adoption NFT Web3 Artists Future Slow Food: Kenny Schachter reflects on blockchain art’s past, present and future

With crypto in a state of turbulent flux, a demographic of nonfungible token (NFT) detractors in the fine art world might feel trigger-happy to, at last, declare the industry down for the count.

19.06 / 10:57

defi regulation Web3 Funding Hong Kong says Cyberport attracted 150 Web3 firms in a year

In the past year, more than 150 Web3 firms have set up operations in Hong Kong’s Cyberport — a digital hub set up by the country’s government to promote innovation — Financial Secretary Paul Chan Mo-po said in a statement.

19.06 / 10:19

business Adoption defi Web3 Startups Cointelegraph Accelerator welcomes Web3 venture builder GAMI as a strategic partner

Cointelegraph Accelerator, the startup booster leveraging Cointelegraph’s media capabilities, has announced GAMI — a Web3 Venture Builder — as its new strategic partner.

16.06 / 06:37

business Blockchain Technology Investments Web3 Withdrawals Delio South Korean Bitcoin lending platform Delio pauses withdrawals

Delio, a virtual asset manager and lending platform based in South Korea, has announced the temporary suspension of customer withdrawals “in order to safely protect the assets of customers currently in custody.”

16.06 / 06:13

Blockchain Altcoin Web3 play-to-earn Sweat Economy DAO votes to repurpose $10M of idle tokens

Move-to-earn platform Sweat Economy is set to repurpose over 2 billion native $SWEAT tokens that were locked up in inactive user wallets.

13.06 / 20:12

Blockchain Adoption NFT Web3 Gaming play-to-earn How tried-and-tested Web2 models could help Web3 games thrive

Play-to-earn games took the world by storm in 2021, and at their peak, some enthusiasts in South East Asia were able to supplement their incomes by getting involved.

13.06 / 19:47

UPS NFT Web3 Loyalty program Celebrities Guy Fieri and Sammy Hagar Launch NFT Loyalty Program via Their Tequila Brand

Celebrity chef Guy Fieri and Rock and Roll Hall of Famer Sammy Hagar are getting into non-fungible tokens through a new loyalty program launched by a tequila company they co-founded.

12.06 / 22:05

business Blockchain Technology Polygon Web3 Decentralization Upgrade Polygon 2.0 introduces upgrades to tap into ‘Value Layer’ of internet

On June 12, Polygon Labs announced “Polygon 2.0,” a set of upgrades that seeks to establish the “Value Layer” of the internet, which the company says will allow users “to create, exchange, and program value.”

12.06 / 10:19

Blockchain education Web3 Tokens DAO A semi-centralized exchange to provide a ‘trade-to-own” feature to engage users

The crypto industry is a constantly evolving sector. What may be the standard today can easily be very different tomorrow. Therefore, it is crucial for companies and platforms like crypto exchanges to stay on the cutting edge and implement new innovations.

09.06 / 09:09

business Technology Adoption Web3 Apple Metaverse Meta Meta Ceo ‘Already explored’ — Apple Vision Pro unable to impress Mark Zuckerberg

As Meta strives to lead in virtual and augmented reality (VR/AR), Apple's recent entry into the market has generated curiosity and apprehension. With the official release of Vision Pro, speculations arise about Mark Zuckerberg's viewpoint as Meta CEO on the competition posed by Apple's VR headset.

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