Web 3.0 artificial intelligence (AI)-driven social network OP3N (1) has just announced that it has closed a Series A investment round with a total amount of $28 million at a valuation of $100 million. According to release (2), the newly raised funds will be put toward the continued development of its chat-based product, which will … Read more
A short while ago, the Filecoin Virtual Machine (FVM) became operational (1) on the mainnet. As a result, the blockchain underlying the payment system can now handle additional functionalities. Smart contracts and the ability for users to program through the Filecoin Virtual Machine are examples of these features. The launch of the FVM on the … Read more
Nissan is not the first automobile manufacturer to submit a patent application for one of its vehicles. Several trademark registrations for Web3 have been submitted by General Motors, Ford, and Mercedes, respectively. Four applications for the web3 trademark have been submitted by the Japanese automobile manufacturer Nissan to the United States Patent and Trademark Office … Read more
The recent events involved a crypto investor mocking Senator Elizabeth Warren for her criticism of Silvergate bank. Following the current bank failure, Warren posted on Twitter, reacting to the news by referencing her previous warnings to the cryptocurrency community. Mike Novogratz, the founder of Galaxy Digital, responded sarcastically to Warren’s tweets, mocking her “knowledge” and … Read more
Web 3.0 firm nealthy, which helps people invest in cryptocurrencies and NFTs, has announced (1) the successful completion of a $1.3 million pre-seed funding round. ‘DonGeraldo,’ a crypto celebrity, and several other Web3 investors participated in the investment round. Web3 is an Ethereum-based firm that provides investors with risk profiles for their NFT and cryptocurrency … Read more
Binance is currently facing challenges in achieving its objective of lawfully expanding its worldwide influence in nations such as the United States. The Binance exchange, the largest cryptocurrency exchange platform, is getting ready to submit a new application in Singapore in the hopes of being approved as a payment processor. According to Nikkei Asia (1), … Read more
The Lotte Group, a multinational conglomerate based in South Korea, has teamed with Polygon to grow its business dealing in non-fungible tokens (NFT). Reports indicate that Lotto intends to employ widespread blockchain technology to launch its NFT operations onto the global market. Daehong Communications, which serves as Lotte’s marketing and NFT hub, has also supplied … Read more
The Texas State Securities Board has expressed several concerns regarding the transaction terms and conditions in the motion they have jointly submitted.
VanEck, an asset management company with headquarters in New York, once again needs to wait for the United States Securities and Exchange Commission (SEC) to render a decision about its most recent application for a Bitcoin exchange-traded fund (ETF). On June 24, Van Eck, which manages more than $65 billion in assets, submitted its most … Read more
According to Vitalik Buterin, Cryptographic payments are superior, and people underestimate their potential. Vitalik Buterin, one of the co-founders of Ethereum (ETH), is of the opinion that crypto payments offer advantages that are underappreciated by the general public due to the convenience and censorship-proof nature of these transactions. People continue to underrate how often cryptocurrency … Read more