Startale Labs Secures $3.5M in Funding to Boost Web3 Innovation; Gains Support From Samsung Next and UOB

Startale Labs Secures $3.5M in Funding to Boost Web3 Innovation; Gains Support From Samsung Next and UOBStartale Labs disclosed this week that it has garnered an additional $3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startup’s total investment to $7 million, which is earmarked for enhancing the firm’s Web3 offerings. Startale Labs Bags $3.5M Capital Injection From UOB Startale Labs, known for spearheading initiatives […]

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Wormhole and AMD Forge Alliance to Revolutionize Blockchain Interoperability 

Wormhole and AMD Forge Alliance to Revolutionize Blockchain Interoperability On Wednesday, the blockchain interoperability platform Wormhole revealed it is collaborating with the American multinational semiconductor company AMD (Advanced Micro Devices). Wormhole plans to utilize AMD’s Field Programmable Gate Array (FPGA) technology in order to bolster cross-chain communication and multi-chain scalability. AMD’s FPGA Tech to Power Wormhole’s Interoperability Ambitions Wormhole, an interoperability platform for blockchains, […]

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Telefonica Partners Chainlink to Mitigate SIM Swap Attacks in Web3

Telefonica Partners Chainlink to Mitigate SIM Swap Attacks in Web3Telefonica, one of the world’s largest telecom companies, has partnered with Chainlink, a decentralized oracle provider, to improve security in Web3 environments. Through the use of Chainlink functions and Telefonica’s SIM Swap API implementation, Polygon apps would be able to check if the SIM of a mobile phone has changed in a given period. Telefonica […]

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Blockchain-Based Loyalty Rewards Foster Brand-Customer Connection, Accelerate Web3 Adoption — Gennady Volchek

Universal loyalty programs can serve as potent tools, not only forging a direct link between a brand and its consumers but also influencing the latter’s shopping behaviour, Gennady Volchek, the CEO of the loyalty rewards app Shping, has said. However, by harnessing the power of blockchain and cryptocurrency, these loyalty programs empower brands to connect […]

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Analog Secures $16 Million for Web3 Interoperability Boost, Launches Cross-Chain Partnership Program

On Monday, the Web3 blockchain interoperability platform Analog announced the team has raised $16 million in a funding round from a wide array of venture capitalists and firms including Balaji Srinivasan, Tribe Capital, and Wintermute. Furthermore, Analog has launched its Launch Partners Program to bolster the presence and market dominance of cross-chain initiatives. $16 Million […]

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Playdapp Breach: Hacker Mints Tokens Worth $31 Million, Gaming Platform Offers Reward for Silence

Playdapp, a Web3 gaming platform, recently confirmed that it was a victim of a hacking incident which saw criminals mint tokens worth approximately $31 million. Playdapp said it has offered to reward the hackers if they agree to return the stolen assets and contracts. Crypto Exchanges Urged to Block Compromised PLA Tokens Playdapp, a Web3 […]

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AI And Real World Assets: Emerging Trends In The Crypto Market

The crypto market is witnessing a shift in focus towards themes like Artificial Intelligence (AI) and Real World Assets (RWA), with growing community interest observed over the past 6 months.  While traditional topics like DeFi, NFTs, memecoins, and staking remain relevant, AI and RWA are gaining prominence as potential drivers of future market dynamics. Assets associated with AI, including $GRT, $FET, $AGIX, $OCEAN, and $TAO, have garnered attention for their potential to revolutionize various industries through intelligent automation and data analysis. 🤖🏘️ The topics of #ArtificialIntelligence and #RealWorldAssets are projecting to be future #crypto market drivers, based on their increased

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Binance Web3 Wallet Integration Propels Maverick Protocol ($MAV) To 32% Surge

In a significant development, Maverick Protocol ($MAV) has witnessed an impressive 32% surge in its price within the last 24 hours, driven by the recent integration of Binance’s web3 wallet with Maverick. Binance, the world’s largest cryptocurrency exchange, has extended an enticing opportunity for its users to participate in the 34th launchpool project, Maverick Protocol. The exchange announced an airdrop totaling $80,000 for users engaging in exchange transactions using the Binance Web3 wallet. #Binance Web3 Wallet is integrated with Maverick! Join the quests on Binance Web3 Wallet and get MAV now 👇 https://t.co/NcQWkzXnUm — Maverick Protocol (@mavprotocol) January 16, 2024

The post Binance Web3 Wallet Integration Propels Maverick Protocol ($MAV) To 32% Surge appeared first on The Merkle News.

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