Tue, November 4

Abu Dhabi Announces Launch of $2B Program Boosting Web3 Growth

Abu Dhabi’s digital ecosystem, Hub71, has unveiled a new venture named “Hub71+ Digital Assets.” This is with the financial backing of over US$2 billion. Among the Web3-based technologies that this initiative hopes to promote are blockchain technology and metaverse applications.  Web3 firms will have access to cutting-edge blockchain and virtual

February 16, 2023 1 min read

Shiba Inu Co-founder’s Update on Shibarium Launch, Blog Released

On account of Shibarium’s launch, the crypto Twitter was busy running through the snapshots of the Telegram Chat, involving Shiba Inu’s pseudonymous co-founder Shytoshi Kusama, which hinted at the L2 blockchain’s launch date. Amid these speculations, Shytoshi released the first medium blog of the Shibarium series to introduce the project.

February 16, 2023 3 mins read

Multinational Conglomerate Siemens Issues Digital Bond on Public Blockchain

Siemens, a German industrial and technology behemoth, has issued a digital bond on a public blockchain. Making it one of the first firms in Germany to do so. In compliance with the German Electronic Securities Act, it has a value of 60 million euros ($64 million) and a maturity of

February 15, 2023 2 mins read

Bitpanda-backed Pantos Releases Public Beta of Its Multichain Token System

Pantos, a multichain token system created by the Bitpanda team, today announced the public beta launch of its multichain protocol. The public beta will soon allow users and developers to effortlessly generate and deploy multichain tokens with just a few clicks, wrap native coins of supported chains, and transfer tokens.

February 14, 2023 3 mins read

Tron Network Generated $48 Million in Revenue in Q4 2022

Financial data analytic firm Messari said that in the fourth quarter of 2022, the blockchain platform Tron Network produced $47.9 million in revenue, up 25% from the previous quarter. Additionally, the company saw an a increase in daily active addresses and daily transactions. Most recently, Messari detailed how the cryptocurrency

February 12, 2023 1 min read

China Launches New Research Center Focusing on Blockchain Tech

China has announced the launch of a new research centre that will focus on blockchain technology, despite the country’s rocky history with cryptocurrencies. The National Blockchain Technology Innovation Centre in China has received approval from the Ministry of Science and Technology. According to South China Morning Post, the primary goals

February 10, 2023 1 min read

German DekaBank Partners With Metaco to Launch Tokenization Platform

With the help of digital asset company Metaco, the 105-year-old German bank DekaBank plans to introduce a tokenization platform built on the blockchain. Digital asset custody executive at DekaBank Andreas Sack said the organization aims to deliver its blockchain platform in 2024. With the underlying infrastructure completed by 2023. Sack

February 10, 2023 1 min read

Venom Blockchain Collaborates With DAO Maker to Incubate Web3 Startups

Venom Foundation, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM), has announced a cooperation with DAO Maker, a prominent blockchain growth solutions provider recognized for their Launchpad, to incubate innovative Web3 firms with an emphasis on providing real-world use cases. DAO Maker will actively contribute to

February 10, 2023 2 mins read

Japanese Tech Firm Fujitsu Announces Web3 Acceleration Platform

Web3 Accelerator is dedicated to helping startups in a growing field. By offering co-working space, business assistance, financing options, and community, the program aids entrepreneurs in creating, tokenizing, and releasing new products. Fujitsu, a Japanese multinational technology firm, has announced the release of a new platform to aid Web3 developers

February 10, 2023 1 min read
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