Web3 Financial News

31.05 / 19:35

Blockchain Adoption Web3 Gaming Cointelegraph partnership Web3 gaming gets competitive: QORPO Game Studio joins Cointelegraph Accelerator

The Web3 gaming world saw consistent growth and exciting developments in the first quarter of 2023, according to a DappRadar report. Traditional Web2 gaming companies started to notice blockchain technology’s potential, resulting in a total of $739 million invested in blockchain games and metaverse projects during the first quarter of 2023.

31.05 / 19:35

business Technology Payments Web3 Tether expands reach in Georgia through investment in CityPay.io

Stablecoin issuer Tether announced on May 31 that it is expanding its presence in the Republic of Georgia through a strategic investment in CityPay.io, a payment processing company that operates across more than 600 locations in the country.

31.05 / 16:17

Web3 Crypto Presale DLANCE DeeLance Web3 Freelance Metaverse DeeLance’s Presale Jumps to Stage 4 as $1.2 Million Raised - Investors Race to Get In Ahead of 50% Price Rise

Tuesday, 30th May - Web3 freelance metaverse platform DeeLance, which has been touted as a potential game changer for the remote gig working industry, just hit a huge milestone in its presale.

30.05 / 22:27

business Blockchain Technology Web3 data Decentralization Nansen lays off 30% of its workforce

Blockchain analytics platform Nansen has announced the trimming of its workforce by 30%. On May 30, Nansen CEO Alex Svanevik disclosed on Twitter that the company had to make an “extremely difficult decision to reduce the size of the Nansen team.”

30.05 / 16:23

Web3 Crypto Presale LPX Is Launchpad XYZ the Best Crypto App for Newcomers? Here's How to Find the Next Meme Coin to Explode

Web3 can be very daunting for beginners.

30.05 / 12:27

business Government Blockchain Technology Web3 economy Decentralization Laos government reportedly prioritizes blockchain technology for digital transformation

On May 26, the Laotian government reportedly hosted the inaugural Ministerial Conference on Blockchain 4.0 Digital Transformation in the country’s capital, Vientiane. The conference, which was led by Laotian Prime Minister Sonexay Siphandone, was attended by blockchain experts and various leaders from the main economic departments within the country.

30.05 / 12:27

business defi Hackers hacks Web3 Cybersecurity security Two key security practices for Web3 startups from Israel Crypto Conference

Security continues to be one of the Web3 space’s most important and relevant matters, as protocols and enterprises continue to face exploits.

28.05 / 17:41

Adoption Web3 Beijing Unveils 'Web3 White Paper' to Foster Innovation and Advancing the Industry

The Beijing Municipal Science and Technology Commission has released a white paper in a bid to foster innovation and development within the Web3 industry.

28.05 / 10:15

regulation Web3 HK HK Police Launch CyberDefender to Help Protect Citizens in the Metaverse

The Hong Kong Police Force has launched CyberDefender, a new metaverse platform aimed at educating the public about the potential dangers associated with Web3 and the metaverse.

28.05 / 07:53

Technology Adoption regulation Web3 Beijing releases white paper for Web3 innovation and development

Beijing’s municipal government has unveiled a white paper to foster innovation and advance the Web3 industry.

27.05 / 09:28

business event Blockchain Adoption Web3 Startups Web3 startup innovation - Demo Day with Cointelegraph Accelerator, Animoca Brands, Cipholio and Brinc

While the year-long bear market tore off a good chunk of the market cap, it also presented an opportunity for new ideas to flourish as the industry’s focus shifted from price volatility to innovation. Unfazed by the market conditions, the Web3 ecosystem has continued to build around fresh concepts to prevent the same crashes from happening again and also to find new ways for users to interact with decentralized digital realities.

26.05 / 22:27

business Blockchain Technology Web3 Funding Decentralization Cronos Labs launches second cohort of $100M Web3 accelerator

Blockchain startup accelerator Cronos Labs has announced the launch of its second cohort for the Cronos Accelerator Program. The program, backed by a substantial $100 million investment, aims to support early-stage crypto projects by providing mentorship and funding opportunities.

26.05 / 19:35

NFT Web3 Nike Nike's Swoosh Web3 Platform Surpasses $1 Million in Sales

.SWOOSH, a web3 platform developed by the popular sports brand Nike, has already generated more than $1 million in sales from its first sneaker-themed non-fungible token (NFT) collection.

26.05 / 18:49

XRP regulation Web3 Decentralized Exchange Federal Reserve Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’

The Federal Reserve Bank of Atlanta has piqued the interest of the crypto community with a recent publication in its Policy Hub series on the implications of Web3 for financial services. The 17-page paper by Christine Parlour, a professor at the University of California, Berkeley Haas School of Business, is intended as a basic text, and is noteworthy for its completeness.

26.05 / 13:23

UPS Provident Progressive Web3 Bitcoin Foresight Singapore Venture Capital Firm Foresight Ventures Launches Second Phase of Web3 Accelerator

Foresight Ventures, a venture capital company based in Singapore, has opened up the application process for the second phase of its accelerator program.

25.05 / 08:57

Blockchain cryptocurrency Adoption Payments Web3 MasterCard services Financial Mastercard's Chief Says Blockchain Can Bring Much More Value to Financial Services

Payment giant Mastercard finds that crypto and blockchain are useful and can bring much more value to financial industries as a whole, but only when they tackle the security and ease of use issues in order to build trust.

24.05 / 22:23

NFT Web3 Metaverse Best crypto to buy today TON Toncoin Render Best Crypto to Buy Now 24 May – Kava, AiDoge, Render, ecoterra, Toncoin, yPredict, DeeLance

The minutes from the Federal Reserve's early May meeting reveal a lack of consensus regarding future interest rate changes, bringing an air of uncertainty to markets today.

24.05 / 14:05

business Adoption Web3 Decentralization Job Future Shaping the future of Web3 employment: Intropia joins Cointelegraph Accelerator

The nascent nature of the Web3 landscape, along with the complexity of technical skills involved in crypto and blockchain-related jobs, makes it hard for a majority of companies to find the right talent. On the other hand, Web3 professionals also have difficulty looking for new opportunities on mainstream job platforms designed mainly for Web2 careers. Even when there’s an ideal match for a company and talent, the remote-focused work expectations of the post-pandemic era create a bottleneck for the traditional recruiter-candidate onboarding process.

24.05 / 10:25

business Blockchain Web3 Funding Venture Capital Foresight Foresight Ventures pledges additional $10M for Web3 accelerator

On May 24, Singaporean venture capital firm Foresight Ventures announced that it would pledge an additional $10 million to its Foresight X Accelerator, bringing its total to $20 million. The move comes as the firm opens the second phase of accelerator applications, which will focus on Web3 projects building in the artificial intelligence (AI), zero-knowledge (ZK), machine learning, Bitcoin (BTC), liquid staking derivatives, and nonfungible token ecosystems.

24.05 / 10:01

Blockchain defi Web3 interview Web 2.0 Web3 threatened by Web2.5 and regulations, exec warns

As Web3 remains in its early stages, its ideals and original vision of creating an interoperable financial landscape are under attack, according to Jamie Burke, the founder and CEO of Web3 accelerator Outlier Ventures.

24.05 / 08:23

business Technology Adoption Web3 Metaverse Backed Chinese city launches govt-backed metaverse platform

Nanjing City, the capital of Jiangsu Province in China, on May 22, inaugurated the China Blockchain Technology and Application Innovation Platform. This government-supported platform aims to foster and advance metaverse research and development across the country.

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