Alchemy joins Web3 decacorns club following $200M funding
The Web3 development platform’s valuation saw a massive jump of $6.7 billion in just three months since Oct. 2021. Go to Source Powered by WPeMatico
web3
Auto Added by WPeMatico
Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary
The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3 applications. Sequoia Capital India and … Read more
Polygon raises $450M in Sequoia-led funding round
Blockchain venture funds are shifting their focus to Web3 development and are placing greater emphasis on scalability. Go to Source Powered by WPeMatico
RSS3 aims to be the decentralized information processor of Web3
The developers behind the project noted that the deployment of RSS3 could take up to 6-8 months. Go to Source Powered by WPeMatico
African Web3 Startup Raises $6.45 Million in Pre-Seed Round, Serena Williams’ Investment Firm Participates
An African startup, Nestcoin, said it raised $6.45 million in a pre-seed funding round in which tennis’ star, Serena Williams’ Serena Ventures took part. The startup, which was launched in November 2021, plans to use the capital raised to educate, build and invest in web 3.0 applications. Facilitating Crypto Adoption Nestcoin, a Nigerian startup that … Read more
A “unifying Web3 platform” will onboard 1 billion users by 2026, says Harmony COO
COO at Harmony, Li Jiang, is convinced that a bridge connecting all major blockchains is the key to building the foundation of a decentralized internet. Go to Source Powered by WPeMatico
Rise of Web3: Metaverse tokens surge as Meta’s share price plunges
Decentralized Metaverse tokens have made steady gains this week, despite a dump in the stock price of Meta Platforms. Go to Source Powered by WPeMatico
Web3 developer growth hits an all-time high as ecosystem matures
Web3 developer growth hit an all-time high in 2021, yet challenges lie ahead for new developers flooding the space. Go to Source Powered by WPeMatico
Alphabet exploring blockchain technology for flagship services
Google’s parent company is reportedly exploring applying emerging tech to its main products and services. Go to Source Powered by WPeMatico
Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet
On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.” Consensys Obtains Mycrypto Ethereum Wallet, … Read more