Mintlayer, a Bitcoin sidechain, has announced the commencement of a $4 million open-source development grants project and the beginning of the application process. The establishment of the awards program is the “first big ecosystem initiative in Mintlayer’s long-term development.” It is intended solely for projects that will directly benefit the Mintlayer ecosystem, followed by the … Read more
After forming a partnership with Sygnum Bank, the Swiss financial services company PostFinance will now be able to provide its 2.5 million customers with access to cryptocurrency holdings. (1) In the beginning, customers will be able to buy, keep, and sell coins like Bitcoin and Ether. In the future, additional tokens will be introduced. The … Read more
In the most recent turn of events, Li.Fi is the supplier of multichain liquidity and data gateway services Li.Fi, raised a total of $17.5 million in Series A funding, with crypto-native investment companies Superscript and CoinFund serving as the primary leaders of the fundraising effort. This fundraising round takes place during a period of uncertainty … Read more
Re7 Capital, a venture capital (VC) firm, has partnered with web3 consulting and Republic Crypto, a firm that specializes in crypto infrastructure, to develop a $100 million investment for liquid coins. One of the initial efforts of the 2022 major tie-up between the two companies is establishing the fund, which has been given the name … Read more
When crypto companies in the UK apply to various banks for access to various services, their applications are frequently denied, and they are needed to provide further paperwork. These companies face a number of obstacles and difficulties. (1) It all started in February, when HSBC Holdings plc and National Westminster Bank, also known as simply … Read more
New technologies, like web3, are presenting businesses with new opportunities for distribution. A perfect example of this would be airlines, which now have additional channels via which they may sell tickets. Flybondi LCC, Argentina’s first low-cost carrier and one of the most recent businesses to embrace web3, is also one of the most innovative enterprises. … Read more
Wakweli, a company that provides infrastructure services for Web 3.0, has signed a strategic collaboration agreement with Polygon, a layer-2 protocol that is based on Ethereum. Wakweli will expand its Non-Fungible Token (NFT) certification system to Polygon for the benefit of all applications based on the protocol, according to the terms of the agreement contained … Read more
A brand new trading platform known as wpNex has been introduced by Deutsche WertpapierService Bank (Dwpbank). The massive securities processing company issued a press release (1) not long ago in which it announced the launch of the new platform. According to the press release, wpNex by Dwpbank will support its more than 1,200 connected banks … Read more
With the declaration of a multi-year partnership with Yuga Labs, a Web3 firm that is the creative force behind a number of well-known NFT collections, such as Bored Ape Yacht Club, Gucci is steadily moving its attention to the Web3 space. Project 10KTF is a collaboration between the Cryptopunks, Mebits, and Narrative NFT. Otherside, a … Read more
Fujitsu, a leading information technology (IT) company in Japan that produces computer hardware and accessories, has made a decisive step to strengthen its presence in the cryptocurrency ecosystem. This move was made in order to broaden the company’s customer base. According to a report (1), which cites a recently filed patent by the business with … Read more