Immutable shuts NFT marketplace, why Web3 gaming needs its own Steam: Nifty Newsletter
Immutable has wound down its NFT marketplace to allow marketplaces within its ecosystem to flourish. Go to Source
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Ripple and SBI Digital Community Partner to Advance Web3 With XRP Ledger
SBI Digital Community Co. Ltd. has partnered with Ripple Labs Inc. to promote the use of the XRP Ledger in the Web3 space. The partnership will also involve issuing non-fungible tokens (NFTs) on the XRP Ledger and rewarding creators in XRP, aiming to enhance consumer experiences and make Web3 technologies more accessible. SBI Digital Community … Read more
Ex-TON Foundation execs launch $40M TON Ventures fund
The Open Network Ventures, founded by former TON Foundation leaders, has launched a $40 million fund to back early-stage crypto projects within the TON ecosystem. Go to Source
Synthetix to add Chainlink when v3 exchange launches on Arbitrum
It could be followed with deployments on Optimism and Base. Go to Source
Hong Kong virtual banks eye Web3 growth despite regulatory hurdles
Despite capturing just 0.3% of retail bank assets, Hong Kong’s virtual banks are exploring opportunities in the Web3 space. Go to Source
Binance Security Team Recovers $73 Million in Stolen Crypto Funds This Year
Crypto exchange Binance’s security team has recovered or frozen over $73 million in stolen user funds so far this year, surpassing the $55 million recovered in 2023. This achievement highlights the company’s commitment to improving cryptocurrency security. Binance Recovers $73 Million in Stolen User Funds Crypto exchange Binance announced on Wednesday that its security team … Read more
Wen Lambo? Lamborghini answers with new Animoca Web3 partnership
Increasingly more industries are adopting blockchain technology to grow their brand awareness, including luxury car makers. Go to Source
Immutable to shut down NFT marketplace
Immutable wrote that they would rather support marketplaces within the ecosystem than compete. Go to Source
MetaMask users gain 2FA security via MultiversX Snap integration
The MultiversX Snap for MetaMask introduces a new level of security, embedding two-factor authentication directly into the blockchain protocol for enhanced protection. Go to Source
How DePin is shaping the future of crypto — Polygon Labs exec
Real-world tokenized assets returned an average of roughly 213% this year, making the sector one of the highest-performing in the industry. Go to Source