One of Japan’s major companies, Toyota Motor Corporation, is sponsoring its first-ever global Web3 hackathon. To create Web3 use cases for Toyota’s workforce, it has selected Astar Network, the smart contract platform for multichain. This online hackathon is the first stage in a process that Toyota is hoping Web3 would
BNB Chain, Binance’s blockchain platform, has lately indicated a desire to create a Web3-based storage infrastructure, which it has dubbed BNB Greenfield. The whitepaper they released on their official Twitter page indicates that it will be integrated into BNB Chain’s decentralized storage architecture, which provides end users and decentralized applications
The gaming industry has recently experienced a significant shift towards Web3 gaming. With the surge of blockchain technology, Web3 gaming offers players a new level of control, security, and reliability for their digital assets. Bluzelle’s recent upgrade to Stargate, the latest version of Cosmos, is a significant milestone in the
The first yearly ETHTLV, which takes place from February 1 to 9 in Tel Aviv, is being organized by Israel’s most prominent web3 companies. In addition to establishing the community’s presence in the international web3 scene and discussing the actions web3 must take to enroll the next billion users, the
Investors’ faith in self-custodial platforms was badly shaken by events in the cryptocurrency industry last year. However, most retail investors aren’t familiar with or prepared to evaluate the pros and cons of various custodian options. Furthermore, many traders are not familiar with self-custodial options that are now on the market.
Support for Euro-backed IOUs on the XRP Ledger was recently announced by cryptocurrency exchange Bitstamp. Customers of Bitstamp may now use XRP Ledger for EUR transfers. Bitstamp tweeted on Twitter about their growing user base, saying: “We’re expanding our IOU Services on XRPL. You can now use EUR-backed IOUs as
A significant layer-1 privacy smart contract validator, the Secret Network has said it would stop providing nodes and support for the network. One of the largest validators, Smart Stake, declared on January 29 that it will stop operating validator nodes for the Secret Network on February 21. Smart Stake has
Web3 and blockchain innovation fund Venom Ventures Fund, run by Abu Dhabi-based investment fund manager Iceberg Capital Limited, has established a strategic agreement with Everscale, a leading blockchain that seeks to address the Web3 industry’s scalability problems. Everscale will get a $5 million investment from Venom Ventures Fund to assist
Dubai-based NC Global Media’s NC BlockFiesta is beginning its new chapter of 2023 with its third edition from SIMATS School of Engineering in Chennai on the 1st of February. SIMATS Deemed University, previously known as Saveetha University, is one of the top-tier educational institutions in the city. The university has
The last decade witnessed the tremendous rise of the world of blockchain, with several industries employing it for enhanced security and ease of transactions. Blockchain was intended to be a revolutionary idea, and so far, it has achieved that purpose. There have been considerable advancements and technological upgrades to blockchain
