Web3 Financial News

09.02 / 23:53

business Blockchain Digital Currency Web3 security Funding Digital Asset Coincover secures $30 million in funding to strengthen digital asset security

London-based digital asset protection firm, Coincover, has secured $30 million in a funding round led by Foundation Capital, with a follow-on investment from CMT digital.

09.02 / 00:31

business Technology Digital NFT Web3 Metaverse Hermès wins case against Mason Rothschild’s Metabirkins

On Feb 8, a jury trial in the Southern District of New York reached a verdict in Hermès' lawsuit against MetaBirkins. The court ruled that artist Mason Rothschild had violated the trademark protections of the brand Hermès. Rothschild's 100 "Metabirkins" NFTs were found to not be artistic commentary and therefore not protected by the First Amendment of the US Constitution.

09.02 / 00:11

business Blockchain Technology Developers Web3 security data Fujitsu launches Web3 acceleration platform for startups and partner companies

The Japanese-based multinational tech company Fujitsu announced the launch of a new platform on Feb 8, designed to support Web3 developers worldwide.

08.02 / 21:21

Blockchain Technology Web3 Reinventing the party scene: How one project is changing the game for clubs and festivals — Q&A with KlubCoin

The festival and clubbing scene is a vibrant and constantly evolving industry, with new trends and experiences popping up every year. From electronic dance music festivals to underground clubs, there’s something for everyone in the party scene. It’s an industry that brings people together, and it’s also a significant contributor to the economy.

08.02 / 17:07

Adoption Web3 Metaverse Future Saudi Arabia partners with The Sandbox for future metaverse plans

Initiatives toward metaverse development continue to be a significant focus and key interest in the Middle East region, as the LEAP conference in Riyadh, Saudi Arabia, highlights key topics in the industry.

07.02 / 22:51

business Blockchain Technology Web3 Donations Support Binance to support users in Turkey’s earthquake region with $100 airdrops in BNB tokens

The devastating earthquake that hit Turkey on Feb 6 has left a trail of destruction in its wake, affecting numerous communities and individuals.

07.02 / 20:13

Adoption defi Web3 Charity Crowdfunding The Web3 community responds to Turkish-Syrian earthquake tragedy

A massive earthquake hit southeastern Turkey along the border with Syria on Feb. 6, which has so far caused the death of more than 5,000 people. The quake had a magnitude of 7.8 on the Richter scale, which is internationally categorized as a “major” earthquake, and occurred along 100km (62 miles) of the fault line.

06.02 / 23:45

business Blockchain Technology Web3 FinTech Crypto Staking Customers Digital bank Revolut launches crypto staking for UK and EEA customers: Report

United Kingdom-based neo-banking platform Revolut, which boasts 25 million customers globally, has introduced crypto staking to its U.K. and European Economic Area (EEA) customers.

06.02 / 20:43

business Blockchain Technology Investments Web3 Market Update Bitcoin dominates as primary focus for digital asset investors: Report

On Feb. 6, European cryptocurrency investment firm CoinShares published its “Digital Asset Fund Flows Report,” which revealed that investors are showing a strong interest in digital asset investment products, with inflows totaling $76 million last week, marking the fourth consecutive week of inflows.

06.02 / 18:51

Blockchain Web3 security Scams 8 hacker tactics to be aware of when protecting your crypto assets

Crypto security is one of the hottest topics for investors and companies actively working on creating better security solutions for the Web3 industry. Web3 Antivirus was created in an effort to make wallet security more accessible to all users in the space. The company offers a browser extension that helps users monitor wallet interactions and spot potential scams and malicious activity before investors fall victim to them.

03.02 / 13:19

NFT Career Web3 MasterCard Non-fungible tokens Mastercard's NFT Product Lead Resigns, Leaves Behind a Surprising Farewell Gift

Satvik Sethi, payments giant Mastercard's now-former non-fungible token (NFT) product lead, announced that the had resigned from this role on Thursday - but in a surprising and fitting move, he minted his resignation as an NFT.

02.02 / 22:43

Government NFT regulation Web3 DAO Support Japanese Prime Minister says DAOs and NFTs help support government’s 'Cool Japan' strategy

Fumio Kishida, the Prime Minister of Japan, has come out in support of blockchain as a potential solution for technological issues facing the country.

02.02 / 16:05

Art Adoption Web3 Artists Metaverse Preserving and reinventing music festival legacy in the metaverse

The metaverse is becoming a destination for more brands, companies and communities to connect. A study from December 2022 revealed that 69% of users believe metaverse entertainment will reshape social life.

01.02 / 19:37

business Technology Adoption Web3 Software Cloud Services Web 2.0 Web3 could seize on the decades-old software-as-a-service business model

In the era of services like Netflix, Dropbox or Amazon Prime, it’s quite easy to forget about the times when customers were getting in line to acquire boxed digital products, like software or entertainment media, with one-time purchases. The age of annual fees started when consumer products turned into subscription-based services.

01.02 / 15:41

business Adoption Binance Web3 Launch Blockchain Storage Binance Coin Binance delves into decentralized Web3 storage with BNB Greenfield

BNB Chain, a blockchain platform launched by crypto exchange Binance, revealed interest in building a blockchain-based Web3 infrastructure in its new BNB Greenfield white paper.

31.01 / 21:51

business Blockchain Technology Digital Currency Investments Web3 Backed Cronos Labs to accept second cohort for $100M-backed Web3 accelerator program

Blockchain startup accelerator Cronos Labs has announced the opening of applications for its second cohort of the $100 million-backed Cronos Accelerator Program.

31.01 / 17:39

Blockchain NFT Web3 Non-fungible tokens scam Fraud DAI CertiK Report Reveals a Strange Twist Behind the ‘Monkey Drainer’ Scam

The latest report by the security-focused ranking platform CertiK revealed two individuals behind a several-million-dollar-heavy scam – and there is a twist to the duo’s partnership.

30.01 / 17:35

business Adoption Web3 credit cards Stripe Credit cards can bridge Web2 to Web3, says music industry exec

Last year proved that the Web3 space is not just a phenomenon but rather the future of digital interactions. However, as pervasive as the space has become, many are still skeptical as to how it can and will be a part of their lives.

30.01 / 16:07

Blockchain Technology Web3 Telecommunications Future Exploring the possibilities of a Web3 telecom: A look into the future

The Web3 space is rapidly taking over the crypto world, and it could soon become part of the traditional telecom industry as well. According to the latest DappRadar industry report, Web3 platforms and blockchain-based applications attracted more unique active wallets in 2022, which skyrocketed to 2.37 million from 1.58 million in 2021.

27.01 / 18:37

Amazon Web3 NFTS Web3 Gaming Amazon to Enter the Crypto NFT Market with Gaming Initiative – Here’s What You Need to Know

Amazon reportedly aims to dabble into NFTs and Web3 gaming with an upcoming initiative related to digital assets.

27.01 / 17:09

Blockchain Adoption Web3 Metaverse World Economic Forum Davos Here's how the World Economic Forum leaps into the metaverse —Davos 2023

Web3 and the metaverse were handed a seat at the table of the World Economic Forum in 2023 as the ecosystem continues to drive innovation across industries.

frequently asked questions about Web3

What is Web3 and why is it gaining attention?

Web3 is a trending topic that is in the spotlight. On our site, we regularly publish articles related to this subject.

Where can I find the latest updates on Web3?

All latest articles about Web3 can be found in the highlighted block. We publish information in a timely manner.

How can I verify the accuracy of information on Web3?

We rely on trusted sources to ensure that the information about Web3 is reliable and valuable for our readers.