In the fast-paced world of cryptocurrencies, strategic moves can catapult a project to new heights or send it spiraling. Recently, Axie Infinity has ramped up efforts with a Data Hackathon aimed at bolstering governance within its platform. Concurrently, Immutable (IMX) is enjoying a spike in its market value, fueled by
The TON community has taken to the spotlight since the week’s beginning. With the controversial detention of its co-founder in France and the launch of a new memecoin $DOGS, the TON Network has seen quite the frenzy. In addition, community members observed a glitch in the blockchain’s activity in the
Everyone in web3 is familiar with names like Andreesen Horowitz, Coinbase Ventures, and Binance Labs. But outside of the big venture capital firms, there are hundreds more that undertake the same work, funding and supporting startups and advocating for web3 adoption. From this long tail of web3 VCs, a few
The integration of Flare with Polyhedra’s zkBridge DVN has been approved by the Polyhedra community. With the help of this integration, Flare developers will be able to use LayerZero to create secure and efficient cross-chain apps while still taking use of ZK proofs’ cryptographic guarantees. One of LayerZero’s Decentralized Verifier Networks (DVNs) is zkBridge,
The firm building the verifiable compute layer, Space and Time (SxT) Labs, announced today that it has raised $20 million in Series A funding to maintain its position as the industry leader at the nexus of blockchain and artificial intelligence. With the Series A equity funding, the firm has raised $50 million
A strategic relationship has been established between the Ministry of Digital Economy, Science and Technology Edo State, Nigeria, and INTMAX, the leading Ethereum Layer 2 solution developer. Nigerian pressure on the crypto market coincides with this partnership, highlighting Edo State’s dedication to innovation and digital development. Through this relationship, INTMAX will have
The launch of “Project X” is proudly announced by Qubic, a cutting-edge distributed ledger technology based on quorum that also has an AI platform in development. With this initiative, major features and upgrades are introduced to promote long-term community development. It will improve revenues, balance emissions, and support community driven development. A Thriving
One of the most widely used Web3 applications worldwide, EasyA, has announced a series of significant milestones as they onboard blockchain developers into the Polkadot ecosystem. Nearly 1,000 developers attended EasyA’s two Polkadot hackathons this summer, and 111 startups were incubated. Now, these teams are looking to attract further investment to grow
A campaign to Learn & Earn will be hosted on the Galxe platform by Ether.fi and the SSV Network DAO, as per the announcement. The initiative aims to educate the community about the importance of decentralizing Ethereum’s base layer and the potential of Distributed Validator Technology (DVT) for restaking. Through
RepubliK has announced the official launch of Creator STOX on the STOX Market, a platform that is revolutionizing the social media monetization and valuation of social media by providing direct value streams for influencers and individual content creators. The STOX Market democratizes social media involvement and creates a direct economic connection between creators and their
