Investment in assets like government bonds might be more efficient with blockchain-based tokenized funds, according to research by Moody’s, a world-renowned credit rating agency. Despite the advantages, researchers at Moody’s have warned of the growing technical hazards connected to these digital investment vehicles. The use of tokenized funds that are
DeFi protocol Renzo has declared a $3.2 million seed round, backed by leading cryptocurrency native funds. Renzo plans to use the funds to further develop its liquid restaking protocol, which has recently gone live on EigenLayer. Renzo’s seed round was headed by Maven11, and further investments were made by Figment Capital, SevenX, IOSG,
Prior to the introduction of their L1 MNet Continuum, BitCountry, the Polkadot parachain project for building immersive metaverse communities, has announced the beginning of InnoVoy Event, a ground-breaking campaign intended to transform the Web3 identity space. An opportunity to experience BitAvatar, a Universal Avatar identity with NFT-bound wallet, also known as
Cookie3, an attribution and user analytics platform for Web3 marketers, has collaborated with Chainwire, the industry’s leading crypto PR distribution platform. Through the relationship, Chainwire’s customers will get improved user and attribution data for their campaigns, while Cookie3 clients will have access to Chainwire’s best-in-class PR capabilities. Web3 projects may choose the
Ta-da, an AI data marketplace, has declared the conclusion of a $3.5 million funding round. The initiative, which was nurtured by Dubai-based Morningstar Ventures since 2021, was funded by many prominent blockchain venture capitalists. The proceeds generated will go toward growing Ta-da’s endeavors and improving its infrastructure. Following a seed
According to a recent announcement by the digital payment’s behemoth Visa, its new Web3 loyalty program will include interactive treasure hunts and gamified prizes. Brands will be able to build digital wallets on behalf of customers to store reward points and experiences using the customer engagement platform called the Visa
As the countdown accelerates for NC BlockFiesta— India’s premiere Web3 conference, the excitement reverberates. NC Global Media, a prominent Dubai-based blockchain media and marketing agency, reveals an intricately crafted agenda poised to ignite NC BlockFiesta 2024 edition at Hilton Chennai, India on January 6, 2024. NCBlockFiesta’24 : A Rendezvous of
The Web3 security space saw a dramatic shift in 2023, exhibiting both advances in resilience and enduring difficulties. Cyberattacks against the Web3 sector resulted in over $1.7 billion in damages in 2023; 453 incidents were documented. The variety of dangers shown by these assaults highlights the critical necessity for the
Leading blockchain for gaming Oasys has established partnerships with TOKI and Datachain in order to improve interoperability of web3 games developed on Oasys. This arrangement is the most recent in a string of prominent ones that Oasys has entered into as it develops its ecosystem and moves forward with its plan.
A testnet program has been launched by Layer 3 Foundation, a leader in blockchain-based financial technology, for its Yellow Clearing Network, the world’s first decentralized clearing system. The foundation’s goal of decentralizing clearing and settlement procedures to scale trading using blockchain technology is now much closer to reality with the launch
