A $4.5 million fundraising round sponsored by Hashed and Gumi Cryptos has been concluded by Blackwing. The funding will go toward creating the first modular layer 2 blockchain, which will enable liquidation-free leveraged trading of any asset. Users may trade with borrowed funds on the blockchain without having to worry about forced
Magic Square, a Web3 app store, is allotting $66 million of its native SQR token for grants to support projects that are listed on its platform. The notification sent to CoinDesk via email on Wednesday states that the Ecosystem Grant Program has 120 million SQR, or 12% of the total supply of
In order to develop and release a highly addictive mobile game that makes use of the well-liked Smoofs NFT collection, Taki Games, a leading social gaming network that lets players earn real money incentives, is collaborating with the cross-chain Web3 entertainment company Two3 Labs. The crew has been working hard
The third edition of the NFT Paris event, which was happening at the very heart of France’s capital, the Grand Palais Éphémère, gathered the brightest minds and innovators from finance, gaming, art, fashion, sport, and media industries to highlight the importance of the digital assets era. This year, the conference
Leading Web3 development organizations COTI and COTI Foundation today revealed the primary use cases that will be the focus of this round of the $100 million COTI Development Fund, which will be distributed in COTI tokens. All developers are welcome to participate in the selection process, which will motivate them
Leading provider of Web3 infrastructure, Validation Cloud, has announced the closing of its first $5.8 million external fundraising round, headed by San Francisco-based Cadenza Ventures. A worldwide syndicate of renowned companies, including Blockchain Founders Fund, Bloccelerate, Blockwall, Side Door Ventures, Metamatic, GS Futures, and AP Capital, also participated in the
A new partnership has been established by Oasys, a rapidly expanding blockchain network focused on gaming, and Metabora SG, the Web3 gaming arm of well-known South Korean video game firm Kakao Games. The partnership intends to “create and deliver superior blockchain games to more users,” as stated in an Oasys statement issued
UNKJD Studios recently revealed the Brazilian release of its first mobile game, UNKJD Soccer. The soccer game, the result of two years of rigorous development and beta testing, blends thrill from the field with strategy. Brazil will be the first market to get access to UNKJD Soccer’s cutting-edge features, which
Nexera Foundation will be the new name of AllianceBlock, the infrastructure platform for decentralized tokenized finance. Conversely, Nexera Finance will lead the way in the coming tokenization era and prioritize business-to-business use cases. In order to meet the demands of institutions and companies, Nexera Finance aims to become a dominant force
In a major development for Japan’s financial landscape, the nation’s cabinet has greenlit a proposal that would allow cryptocurrencies to be included in the list of assets accessible to local investment limited partnerships. This move, announced by the Ministry of Economy, Trade and Industry on February 16, marks a pivotal
