Web3

Hong Kong's leading digital bank, ZA Bank, is venturing into the transfer of both cryptocurrency and traditional currency, aiming to cater to the growing digital asset industry in the city. What Happened: Co-founded by Chinese billionaire Ou Yaping and others, the bank plans to facilitate...

Cryptocurrency derivatives and copy trading platform Bitget on Monday announced the launch of its Bitget Web3 Fund, investing an initial $100 million in the fund to support the development of the next generation of cryptocurrency projects. The fund said it will seek out VCs and projects...

Japan's governing Liberal Democratic Party's Web3 project team released a white paper outlining recommendations for expanding the nation's Web3 industry, which has become a key part of national strategy under Prime Minister Fumio Kishida's leadership. As other countries focus...

Michael Novogratz, the founder of digital asset financial services company Galaxy Digital Holdings Ltd., believes that the growing enthusiasm of cryptocurrency investors is counterbalancing the adverse effects of a U.S. regulatory crackdown on the industry. "Despite the extensive international...

A leading ticketing company has had its share of negative news over the last year related to fans not being able to get tickets for top acts. A solution could now be available, and it involves non-fungible tokens. What Happened: Ticketmaster made headlines for its site crashing due to demand from...

MetaMask, a popular Web3 wallet provider, has issued a warning to its users about rumors circulating on social media regarding an imminent AirDrop. Reports of the AirDrop have been circulating on Twitter, with some users falling for the scam. What Happened: Cryptocurrency influencers have...

By Jessica Billingsley In a now infamous study, 543 college students unknowingly agreed to give away their firstborn children in exchange for access to a new app, highlighting that truly, no one reads the terms of service without clicking.  It’s clear we need an alternative, but this has...

The NFT-ticketed conference VeeCon is returning for a second year in May. The event founded by entrepreneur Gary Vaynerchuk has announced a portion of the highly anticipated speakers for the event and is sharing a second round Friday of company executives, artists, media personalities and...

Alpha Sigma Capital has announced that it has partnered with Transform Ventures and its founder, Michael Terpin, to launch a new holding company called Alpha Transform Holdings.  The holding company has been formed by merging select assets from Transform Ventures and Alpha Sigma Capital's...

Arweave Protocol, a blockchain-based cloud storage provider, is attracting attention for its unique market opportunity in providing a solution for users seeking to store data permanently. Unlike established cloud storage providers such as Amazon and Google, Arweave (CRYPTO: AR) uses a...

There's been ongoing speculation that leading ecommerce company Amazon.com Inc (NASDAQ: AMZN) may get more heavily invested in the Web3 space. Here’s a look at the latest rumor involving an NFT marketplace and upcoming launch. What Happened: Fresh off the heels of a January report...

Many major companies have launched plans or explored entering the world of Web3. One of the largest apparel companies credits an interest in Bitcoin by Elon Musk as being the inspiration for its Web3 aspirations. What Happened: Electric vehicle giant Tesla Inc (NASDAQ: TSLA) shocked many when it...

British Virgin Islands-based digital Collectibles web3 platform Few and Far has raised $10.5 million in a funding round led by blockchain investment firm Pantera Capital. Cypher Capital, Huobi Ventures, Hypersphere, Metaweb, Mantis Partners, and K5 Global also participated in the effort. The new...

Three Japanese banks are set to conduct a stablecoin experiment using a payment system that complies with legal requirements. Tokyo Kiraboshi Financial Group, The Shikoku Bank, and Minna no Bank plan to issue and remit stablecoin-type electronic money on Japan Open Chain through a system developed...

Online brokerage firm Robinhood (NASDAQ: HOOD) has announced the global rollout of its self-custody Web3 wallet — Robinhood Wallet — to all iOS customers. The wallet was previously available only to select beta users. the wallet offers users full control over their crypto...