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A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm disclosed that the new funds would be used to expand into the largest Asian markets, and the company … Read more
NFTs are purchased for a variety of reasons but according to a new survey from CoinGecko, the majority buy them for utility and long-term profits. Go to Source Powered by WPeMatico
In what has been described as a collaboration that will deepen crypto adoption, the cryptocurrency exchange Binance recently said it partnered with the African video streaming service Showmax. Binance users that enroll to become active in Web3 will be rewarded with a month-long video streaming subscription. Africans Embracing Blockchain Cryptocurrency exchange Binance said it has … Read more
Hong Kong has already taken serious steps to develop the Web3 industry and its Financial Secretary says now is the right time to keep moving forward. Go to Source Powered by WPeMatico
Despite turbulent times for Meta in terms of metaverse development, sources close to the company say its metaverse programmers are paid up to $1 million for their work. Go to Source Powered by WPeMatico
The Euler Finance exploit was the largest of Q1 2023, and the risk of a similar attack on other protocols remains. Go to Source Powered by WPeMatico
Gala Music, a Web3 startup subsidiary, is launching 3,003 NFTs with an unreleased David Bowie “Let’s Dance” version on April 14th, with profits going to charity. Go to Source Powered by WPeMatico
The U.S. luxury brand Ralph Lauren has said customers can now pay via crypto at its Miami Design District location. The store has also been designated the luxury brand’s focal point for Web3 promotions. Bitcoin, ethereum, and polygon are among the cryptocurrencies that are accepted at Ralph Lauren’s new store in Miami. Miami Store Ralph … Read more
The collaboration is set to allow users to build decentralized autonomous organizations quickly and securely, for less than 50 cents, with no coding required. Go to Source Powered by WPeMatico
The funds will be used to develop decentralized infrastructure that enables institutional investors to allocate assets on-chain. Go to Source Powered by WPeMatico