Friendzone, a Web3 platform that redefines Social Finance (SocialFi) on the blockchain and is scalable and sustainable, has made its official debut on the Polygon Proof-of-Stake network. The Social Capital Marketplace launch marks the first of Friendzone’s many significant turning points in its goal to top the social media dApp
BitForex, a prominent crypto exchange, finds itself embroiled in a storm of controversy as users raise alarms over mysterious outflows, a CEO departure, and an eerie silence from the platform. According to blockchain analyst ZachXBT, BitForex’s hot wallets experienced staggering outflows totaling approximately $56.5 million on February 23. This alarming
Leading experts in Decentralized AI, including Vitalik Buterin, Sandeep Nailwal, Illia Polosukhin, and Sreeram Kannan, will be present at the Decentralized AGI Summit, which is being coordinated by Sentient and Symbolic Capital. FEBRUARY 19TH, 2023 NEW YORK There is increasing worry that centralized artificial intelligence (AI) controlled by a small
For an unknown amount, Magic Square, a web3 app store that is backed by Binance Labs and other investors, purchased TruePNL, a token launch platform. Andrey Nayman, founder and CEO of Magic Square, stated: “The acquisition was financed entirely with cash. As part of the deal, Magic Square has acquired TruePNL’s
Polkadot has granted Dedicated liquid staking middleware Bifrost a 500,000 DOT treasury loan, the company stated. The one-year loan is meant to support the adoption, utilities, and use cases of the asset across DeFi dApps within the Polkadot ecosystem, including Substrate and EVM parachains. It was made possible after the Bifrost
Jeff Zirlin, co-founder of Axie Infinity’s Ronin Network, disclosed that his personal wallets on the Ronin chain fell victim to a hack, resulting in the loss of approximately $9.5 million worth of Ethereum. The compromised funds were swiftly transferred to Tornado Cash, an anonymizing service, making it challenging to trace
One of the most renowned and creative football clubs in the world, Paris Saint-Germain (PSG), is strengthening its connection with Socios.com, PSG’s official Fan Token partner, and its involvement in the Chiliz blockchain. As part of this collaboration, the club will actively participate in the Chiliz Chain as an official blockchain
A strategic partnership between Orbs, a Layer-3 public blockchain infrastructure project , and IntentX, a leading UTC marketplace, has been revealed. Through the collaboration, Orbs is able to maintain its position as a significant participant in the rapidly expanding on-chain derivatives market. By using Orbs’ cutting-edge Layer-3 technology, the partnership will explore possible applications
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
The first-ever Bitcoin Layer-2 staking protocol, Social Network, has unveiled a list of technology partners and highlighted their respective contributions as it develops an eco-friendly staking protocol for the Proof-of-Work blockchain. Social Network has started an early testnet Bitcoin staking incentives program using its in-house wallet, Earth Wallet, in addition to
