Web3 Financial News

18.04 / 12:33

business Blockchain Technology Investments Web3 Funding Decentralization Aleph Zero launches $50M ecosystem funding program

Aleph Zero is launching a $50 million Aleph Zero Ecosystem Funding Program, the layer-1 privacy-enhancing blockchain announced on April 18. The nonprofit Aleph Zero Foundation overseeing its development of Aleph Zero aims to support developer teams to build on its platform and advance blockchain adoption globally.

18.04 / 10:05

markets business Blockchain Technology Investments Web3 MEXC Core DAO partners with Bitget and MEXC to launch $200M ecosystem fund

Core DAO, an organization committed to the development of the Satoshi Plus ecosystem, has introduced a $200 million Ecosystem Fund aimed at speeding up the development of decentralized applications and protocols built on the Core layer-1 blockchain.

17.04 / 22:01

Blockchain Technology Web3 Research DAO Science Tech Decentralized science is key to fixing academic research

Academia and science are both in the throes of a crisis, marked by several inefficiencies directly impacting our scientific prowess and research capabilities. The subject of stagnation within universities and academic institutions is taboo, and there is no place in this system for dissenting intellectuals who challenge the status quo or the quality of scientific research.

17.04 / 17:11

Blockchain Conference privacy Web3 security Web3 security: How to identify the risks and use protection tools?

The Web3 space has completely revolutionized online interactions, but it is still not completely risk-free. While underlying technologies such as blockchain bring more resilience, Web3 has inherited many security risks from Web2. Moreover, it also faces new forms of attack.

14.04 / 11:45

Blockchain NFT Web3 Gaming Decentralization raid Web3 hosts a Viking-Crypto raid with a unique gamified NFT minting experience

Gaming has become one of the most prolific industries impacted by blockchain technology. From in-game transactions to nonfungible tokens (NFTs), the gaming space has taken full advantage of blockchain development. Accounting for almost half of the blockchain activity in early 2023, blockchain gaming is the market’s leading Web3 transformation.

13.04 / 10:15

Technology Adoption regulation Web3 ChatGPT Italy ChatGPT ban: Data watchdog demands transparency to lift restriction

Italy’s data protection agency, known as Garante, has specified the actions that OpenAI must take to revoke an order imposed on ChatGPT. The order was issued in March 2023. The watchdog suspected the artificial intelligence (AI) chatbot service of violating the European Union’s General Data Protection Regulation (GDPR) and mandated the United States-based firm to halt the processing of data belonging to individuals residing in the country.

12.04 / 13:21

Blockchain regulation Web3 Bitcoin Regulation Binance CEO CZ: Regulators need deep understanding crypto for proper rules

In a fireside chat during the Hong Kong Web3 Festival, Changpeng Zhao (CZ), CEO of Binance, expressed that it is important for crypto regulators to have a deep understanding of the industry to facilitate proper crypto regulations. The fireside chat was moderated by Deng Chao, the CEO of Hashkey Capital.

12.04 / 12:51

Adoption NFT hacks Web3 security NFT warranties can help mass adoption of the technology, says Web3 exec

The Web3 space has seen its fair share of exploits in the recent past with more than $320 million exploited by hackers in the first quarter of 2023 alone. For many users, particularly prospective users, having security for digital assets is a top priority.

11.04 / 16:21

business Web3 Blockchain Game Razer gaming incubator zVentures issues call for Web3 submissions

Razer, a U.S.-Singaporean consumer electronics company best known for its gaming hardware and peripherals, has sent out a call for new Web3 partners and game submissions.

11.04 / 11:25

Blockchain Binance defi Web3 Cloud Storage Blockchain Storage Testnet BNB Greenfield hits testnet, decentralized storage coming to BNB Chain

The BNB Chain ecosystem is set to integrate decentralized storage solutions after testing of its BNB Greenfield began on April 10.

08.04 / 12:29

Blockchain Adoption Web3 Decentralization Internet Here’s why Web2.5 could be the missing piece of the puzzle in daily digital lives

According to the latest data released by Statista, the number of internet users around the world reached 5.16 billion in January 2023, representing a staggering 64.4% of the worldwide population.

08.04 / 10:21

Ethereum defi privacy Web3 proof-of-work Proof-of-stake Defi Security Missing DeFi security layer found in a new company release

Blockchain tokenization experiments began in 2012 with “colored coins.” However, despite this initial release, many agree that it wasn’t until 2014 that tokenization’s full potential was achieved with the release of the scripting language that allowed complex programs and applications on Ethereum to interact with each other and with the Ethereum network. With the ability to issue custom assets without the burden of maintaining an entire blockchain infrastructure, over 600,000 token contracts were deployed on the Ethereum mainnet, initiating an up-and-coming digital token economy.

07.04 / 14:05

business Web3 Metaverse Meta Meta Ceo Meta coughing up big money to developers building their metaverse

Tech giant Meta - the parent company of Facebook, Instagram and WhatsApp messaging service - has been eyeing expansion into the metaverse for some time now. However, it has had a rough start, with billions in losses.

07.04 / 09:47

Blockchain Technology Adoption Web3 Decentralization Here’s how blockchain and AI combine to redefine data security

The generative abilities of conversational artificial intelligence such as ChatGPT and Midjourney paved the way for better tools to utilize and benefit from data. However, the AI trend also enabled the rise of fake data and fabricated files. For example, with the advanced content creation capabilities of AI, fake images have become indistinguishable from authentic pictures.

07.04 / 09:17

business NFT Web3 Charity Decentralization gala David Bowie unreleased record debuts as music NFT

A previously unreleased version of David Bowie’s "Let's Dance" surfaced as a limited edition collection of nonfungible tokens (NFTs).

06.04 / 18:11

business Blockchain Technology Polygon Web3 Decentralization DAO boost Accessibility Aragon and Polygon Labs collaborate to boost DAO accessibility

Aragon, an open-source framework designed to launch decentralized autonomous organizations (DAOs), has revealed that its infrastructure is now available on the Polygon network.

06.04 / 14:13

Blockchain Adoption Web3 security Web3 protection platform introduces improved detection mechanics in latest update

Web3 implies the transition of data from servers controlled by centralized entities to community-driven decentralized infrastructures. Every major transformation is a gradual process with many challenges and can be exploited by malicious actors. The same is true for Web3, which is plagued with social engineering attacks and security breaches as it advances toward a cohesive global infrastructure.

06.04 / 10:55

Blockchain Ethereum NFT wallet Web3 Non-fungible tokens Proof-of-stake Ethereum Pioneer Unveils New Blockchain for Creatives and Artists – How Does it Work?

Fabian Vogelsteller said that the goal for his LUKSO project is to become an ecosystem for creatives by "building a whole toolset and ecosystem and marketplace around NFTs using universal profile on the base."

05.04 / 19:09

business Blockchain Technology Investments Web3 Decentralization Pantera Capital Pantera Capital leads $22.5M investment in M^ZERO Labs for decentralized infrastructure

Berlin-based M^ZERO Labs, a company that seeks to build neutral infrastructure linking assets in the global financial system with decentralized applications, has raised $22.5 million in a financing round led by Pantera Capital. The funding round also includes participation from other investors such as Road Capital, AirTree, Standard Crypto, The SALT Fund, ParaFi Capital, Distributed Capital, Kraynos Capital, Mouro Capital, and Earlybird.

05.04 / 16:37

NFT Web3 Sustainability Environment Artists NFTs unlock physical biodegradable vinyl records

Hype around nonfungible tokens (NFTs) has cooled down, however innovative use cases for these digital assets continue to appear on the scene. Particularly in the music industry, which has been fertile soil for use cases of emerging Web3 tools in recent years.

05.04 / 11:17

Adoption NFT Web3 virtual reality Metaverse Fashion augmented reality Augmented reality helps brands tell their story: MVFW 2023

The second annual Metaverse Fashion Week (MVFW) hit the virtual runway this year from March 28–31 via a collaboration between Spatial — a 3D social network platform — and Over, a blockchain-based augmented reality (AR) platform.

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