Tag: web3

Aug 15 2022

Samsung Next Insists on Web3 projects utility challenge

Aug 15 2022 Published at Coinscreed under tags  news nfts samsung web3

Even though Web3 has shown a lot of promise since its beginnings, one executive from Samsung Next believes that the utility issue is one that competitors in the industry must address. The managing director of Samsung Next, Raymond Liao, spoke in an interview about the company's decision to invest in MachineFi, a term used by […] The post...

Aug 13 2022

DeFi protocols Aave, Uniswap, Balancer, ban users following OFAC sanctions on Tornado Cash

Aug 13 2022 Published at CryptoSlate under tags  censorship defi dex technology web3

Several decentralized applications on the Ethereum network have implemented code changes to revoke access from "sanctioned" addresses. The currently identified protocols are Aave, Uniswap, Ren, Oasis, and balancer. Banteg from Yearn identified the GitHub repositories in question via a Tweet early Saturday morning. when defi apps started snitching on...

Aug 12 2022

Burned Carbon Credits Are Effective According to Expert

Aug 12 2022 Published at Coinscreed under tags  carbon credit news nfts web3

Concerns about the environment affect both the crypto industry and the rest of the world. But blockchain-based assets could help if they are used in the right way. Using nonfungible tokens (NFTs) as carbon credits or carbon offsets shows how Web3 technology can be used to make the future greener. In the markets for regenerative […] The post...

Aug 11 2022

Binance Labs Invests in Cross-Chain Staking Protocol Ankr After $500 Million Web3 Fund

Summary: Ankr protocol has received fresh capital from Binance Labs, Binance's venture capital arm. The exact amount invested remains undisclosed at press time. The pair previously collaborated to build out key infrastructure for the BNB Chain. Ankr provides support by delivering DeFi composability to BNB Liquid Staking as well. Zhao's VC department recently announced a $500 million fund to incentivize innovation in Web3...

LongHash Ventures raises $100 million Web 3 investment fund

Aug 11 2022 Published at Coinscreed under tags  longhash news web3

The fund raised by LongHash will go toward the development of DeFi, NFTs, and GameFi on several blockchains. A $100 million venture fund for the decentralized web has been unveiled by LongHash Ventures, an Asian investment business, and web3 accelerator. DeFi, NFTs, GameFi, and the metaverse will all be supported by the funds, which will […] The post...

Aug 10 2022

Polygon, Neowiz join forces to build new Web3 gaming platform Intella X

Aug 10 2022 Published at CryptoSlate under tags  adoption gamefi web3

Polygon announced a partnership with gaming publisher Neowiz to launch a new Web3 gaming platform called Intella X, supported by its native IX token. Neowiz is a multi-platform developer founded in 1997 and headquartered in South Korea. Its lineup includes a diverse range of indie AAA titles, such as the rhythm...

Aug 09 2022

Nas Academy Partners with Invisible College to Launch Crypto Academy for Web3

Nas Academy has entered into a new partnership with Invisible company. The partnership see both parties work together to launch the world’s first bundle of courses that can be unlocked with an NFT collection. It will also enable members of Invisible College to access courses worth thousands of US dollars.

Aug 08 2022

Caduceus Appoints Lawrence Dallaglio as a Strategic Global Advisor

Aug 08 2022 Published at Crypto Briefing under tags  metaverse press release web3

Caduceus is the worlds first Metaverse protocol with edge-rendering technology to bring developers, creators, and users on an unrivaled Metaverse experience. In their quest to introduce Web3 technology to the...

Bitcoin Stock-to-Flow model creator PlanB promotes ‘quant investing’ via ByBit to ‘100x’ HODL strategy

Aug 08 2022 Published at CryptoSlate under tags  analysis bear market investments web3

PlanB, the infamous creator of the stock-to-flow (S2F) model for Bitcoin, has seemingly abandoned the HODL strategy in favor of "quant investing" through ByBit. In a tweet Friday, he announced a "copy my trade" partnership with ByBit that "outperforms buy&hold 100x." An article detailing the...

Aug 06 2022

Wells Fargo, digital assets are an “innovation on par with the internet, cars, and electricity”

Aug 06 2022 Published at CryptoSlate under tags  adoption banking enterprise technology web3

Wells Fargo, the fourth largest bank in the U.S. by market capitalization, has released a special report entitled "Understanding Cryptocurrency," which compares digital assets to the invention of "the internet, cars, and electricity." The Internet of Value Produced by its Global Investment Strategy Team, the report published at the start of August bullishly called digital assets "the building blocks of a new...

Vitalik Buterin calls out ETHW hard fork proponents as “trying to make a quick buck”

Aug 06 2022 Published at CryptoSlate under tags  eth 2.0 interview mining web3

Speaking in a closed press conference during South Korea Blockchain Week, Ethereum founder, Vitalik Buterin, called people pushing for a hard fork of Ethereum to retain proof-of-stake "simply trying to make a quick buck." Justin Sun recently announced support for a hard fork of Ethereum post-merge by listing two new tokens on his Poloniex exchange. The tokens will be named ETHS and ETHW,...

Aug 05 2022

DeFi Sybil attack created $7.5B fake TVL on Solana from ‘anon’ developers

Aug 05 2022 Published at CryptoSlate under tags  defi rumors scams web3

An investigation led by CoinDesk has revealed that two brothers — Ian Macalinao and Dylan Macalinao — used pseudonymous developer profiles to inflate the TVL on Solana by $7.5 billion. Sybil Attacks The news is a warning to those who may be skeptical of the feasibility of a real-world Sybil attack on the crypto ecosystem....

Aug 04 2022

Istanbul Blockchain Week founder Erhan Korhaliller discusses why Turkey is one of the hottest places for crypto

Aug 04 2022 Published at CryptoSlate under tags  adoption events interview web3

CryptoSlate had the opportunity to sit down with Erhan Korhaliller, Founder & CEO of EAK Digital, the web3 communications and events agency behind some of the industry's most creative IRL events, as he puts plans together for the much anticipated Istanbul Blockchain Week. The post...

Aug 03 2022

Solana exploit related to imported Slope Finance wallets, private keys revealed

Aug 03 2022 Published at CryptoSlate under tags  hacks rumors tokens web3

As initially reported by CryptoSlate early hours of Wednesday morning, a significant exploit has caused thousands of crypto wallets to be drained of funds. The initial report was released as the incident was ongoing; however, a follow-up article revealed more information...

Alchemy Partners With Astar Network To Accelerate Web3 Development on Polkadot

Aug 03 2022 Published at Crypto Briefing under tags  polkadot press release web3

Blockchain developer platform Alchemy and innovation hub Astar Network have partnered to supercharge Polkadot development. The move will make it easier for developers to create dApps on Astar Network, Polkadots...

Over $1B reinvested into ecosystem from NFT mints in 2022 according to Nansen report

Aug 03 2022 Published at CryptoSlate under tags  adoption nfts web3

Nansen, one of the industry's leading blockchain data and analytics platforms, released a report Tuesday detailing the flow of Ethereum raised through NFT mints in 2022. The "NFT Sales: Where did the ETH go?" report builds on Nansen's 2021 study, which revealed that most funds raised through...

Aug 02 2022

Vires.Finance to be “reset” following Waves revival plan proposal to solve liquidity crisis

Aug 02 2022 Published at CryptoSlate under tags  defi stablecoins web3

In April 2022, many called Waves a "Ponzi scheme' as the blockchain's primer stablecoin; USDN lost its peg to $0.81. The algorithmic stablecoin lost its peg weeks before the now infamous depeg event of Terra USD. However, the Waves chain has survived far better than the now entitled Terra Classic chain. At the time of writing,...

Osmosis “Scambuster Upgrade” ready to go live to combat surge in spam events

Aug 02 2022 Published at CryptoSlate under tags  dex outage technology web3

The Cosmos-based Osmosis chain is ready to release upgrade v11.0.0 at block height 5432450 to combat "spam/scam events." The block height is expected to be reached around 4 PM UTC on August 3 and will result in users being unable to interact with the chain for a "short period of time." According to an announcement from...

Socios.com invests $100M to accelerate Web3 innovations for FC Barcelona

Aug 02 2022 Published at CryptoSlate under tags  partnerships sports uncategorized web3

Socios.com is investing $100 million in Barca Studio for a 24.5% stake and aims to accelerate blockchain, non-fungible token (NFT), and digital assets innovation for FC Barcelona. Barca Studios was launched in 2019 as the club's platform for...

Aug 01 2022

Barcelona FC And Socios.com Sign $100 Million Deal For Web3 Push

Aug 01 2022 Published at Bitcoinist.com under tags  barca barcelona crypto crypto news nft

Barcelona FC is kicking off new strategies in hopes of scoring big in the field of Web3. In view of the imminent financial crisis at the opening of the summer transfer season, the Barcelona board took some extreme measures, authorizing the sale of some of the club's significant assets. Club president Joan Laporta said on Monday that the LaLiga superpower, Barcelona, has sold...

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