Abu Dhabi to back the growth of Web3 startups with $2B
The initiative promises to provide Web3 startups with access to corporate, government, and investment partners in both global markets and the UAE. Go to Source Powered by WPeMatico
web3
Auto Added by WPeMatico
Income Movement Rightfulshare Says It Has Launched ‘First Unconditional’ Crypto UBI in South Africa
Rightfulshare, an income equality advocacy movement, recently said it has launched what it describes as the “first unconditional” crypto universal basic income (UBI) transfer. According to Karen Jooste, the crypto UBI not only expands the possibilities for unemployed South Africans but also nurtures their entrepreneurial spirit. Fairer Income Access Rightfulshare, a movement advocating for equality, … Read more
Siemens issues €60M digital bond on a public blockchain
Siemens shared that the process of issuing digital bonds is much faster and more efficient than traditional bond-issuing methods. Go to Source Powered by WPeMatico
Czhang Lin Explains the Investment Strategy of LBank Labs in Web3
LBank Labs is the venture capitalist and blockchain accelerator arm of global crypto exchange LBank. Spearheaded by investor Czhang Lin, LBank Labs is entering the market with a 100 million USDT fund to propel the Web3 industry. He recently joined the Bitcoin.com News Podcast to talk about their investment strategy and the blockchain market: Czhang … Read more
Bakkt sunsets its consumer-facing crypto app to focus on B2B solutions
The app is expected to cease operations on March 16, 2023. Go to Source Powered by WPeMatico
Kenyan AI and Blockchain Startup Receives Investment From Swiss VC Firm
Fastagger Inc, an artificial intelligence and blockchain startup from Kenya, recently revealed that it had received an investment from the Swizterland-based blockchain investor CVVC. Mutembei Kariuki, said the investment will be used to fund the further develop Fastagger’s “cutting-edge technology expertise” which harnesses AI and the blockchain. Utilizing AI and the Blockchain The Kenya-based artificial … Read more
Binance upgrades Proof of Reserves verification to include zk-SNARKs
The zk-SNARKs upgrade promises to significantly improve the security and transparency of the verification process. Go to Source Powered by WPeMatico
Coincover secures $30 million in funding to strengthen digital asset security
The funding round was led by Foundation Capital, with follow-on investment from CMT digital. Go to Source Powered by WPeMatico
Hermès wins case against Mason Rothschild’s Metabirkins
A nine-member jury found Rothschild liable for trademark infringement, trademark dilution, and “cybersquatting,” awarding Hermès $133,000 in damages. Go to Source Powered by WPeMatico
Fujitsu launches Web3 acceleration platform for startups and partner companies
Fujitsu’s Web3 Acceleration Platform promised to provide blockchain-based service APIs, high-computing technologies, simulations, and AI, for developers building Web3 applications and services. Go to Source Powered by WPeMatico