According to Yat Siu, co-founder and executive chairman of Hong Kong’s blockchain gaming behemoth Animoca Brands, the company will soon launch a gigantic $2 billion fund, entitled “Animoca Capital,” to invest in metaverse firms. During an interview with Nikkei Asia, the executive said that digital property rights would be a
Recently, Alibaba Cloud has announced a number of partnerships with prominent networks and institutions; however, with its partnership with Avalanche, it has entered the crypto space, which will undoubtedly hasten the tech giant’s backing for Web3. On Friday, Avalanche announced that Alibaba Cloud will be joining their public blockchain as
Almost 200 independent contractors working for the Australian Securities Exchange (ASX) on the integration of blockchain technology into its CHESS clearing and settlement system are scheduled to be let off. This comes after ASX earlier this month announced the end of a seven-year programme. For which it had budgeted $170
Sber, Russia’s biggest bank, now supports the MetaMask cryptocurrency wallet. In a drive toward DeFi and Web3, the bank has stated that blockchain technology has been integrated. Integration with the Ethereum ecosystem is shown through the advancement. The data also pointed to the untapped potential for its proprietary blockchain. This
—Rush Philanthropic Arts Foundation Named First Beneficiary at Miami Art Week– MIAMI BEACH, Fla.–(BUSINESS WIRE)–Crypto and Web3 entrepreneur Cordell Broadus today announced the launch of the Champ Medici Arts Fund, a $1 Million philanthropic effort in partnership with The Tezos Foundation to support emerging artists across the globe looking to
According to a report published today by DappRadar, the global dapp store, the blockchain gaming sector demonstrated remarkable resilience all through the month of November, despite negative force on the wider crypto industry due to the shutdown of the once-popular FTX cryptocurrency exchange. Nearly Half of All Blockchain Activity May
Players Enjoy Interacting as 3D Representations of Their Woodies NFTs, As Leading Metaverse World Expands Its Pioneering ‘Linked Wearables’ Feature CHIGACO–(BUSINESS WIRE)–The Web3 entertainment brand Woodies has announced that its complete generative NFT collection is now available as Linked Wearables in Decentraland. With 9,739 NFTs, Woodies is the largest wearable
Dibbs taps users of its blockchain-based collectibles marketplace to uncover first-of-its-kind insights on user sentiment toward NFT technology LOS ANGELES–(BUSINESS WIRE)–#NFT—Dibbs, the world’s onramp to Web3, today released findings from the industry’s first NFT Sentiment Report, which surveyed hundreds of NFT adopters to understand consumer sentiment around NFTs today and
Funds will be allocated toward developing and launching Fleek Network, a decentralized content and application delivery network BROOKLYN, New York–(BUSINESS WIRE)–Fleek, a Web3 developer platform, announced Thursday that it has raised $25 million in Series A funding. Fleek’s Series A round was led by Polychain Capital, a premier investor in
Restructuring frees divisions to excel in their respective areas – enterprise blockchain applications and advisory services – while jointly expanding their collective footprint in the Web3 market AUSTIN, Texas–(BUSINESS WIRE)–Horizen Labs today announced plans to make its Web3 advisory service a standalone business. The new entity, called ‘Horizen Labs Ventures’
