Immutable, a Web3 gaming company, and Polygon have partnered up to create a new Web3-driven effort that will be known as Immutable zkEVM. This attempt will be driven by the new zkEVM technology that will be developed by Polygon, and its goal is to integrate a greater number of gamers and programmers into the Web3 … Read more
Customers of Coinbase Global Inc. have been advised that the company would discontinue its support for the real-time payment network known as Signet, which is operated by Signature Bank. According to a report (1) by the Wall Street Journal (WSJ), Coinbase notified its customers that the payment network of the defunct Signature Bank would no … Read more
After the confirmation by the Wall Street investment company Jefferies that it is in discussions with a prospective buyer for the failing FTX exchange, it is possible that plans to establish FTX 2.0 may begin to take shape gradually. After being ordered to cease operations by the relevant authorities, the exchange is anticipated to recommence … Read more
The staff of the decentralized economic analytics tool, DefiLlama, are now engaged in a dispute. An employee who only identified themselves as 0xngmi stated that the founders of the company were going to issue a LLAMA token without even requesting employee endorsement for the initiative. 0xngmi and a few other developers have distanced themselves from … Read more
The most influential people in the non-fungible token (NFT) industry believe that the recent speculations regarding an Amazon NFT platform that might significantly shift the competitive landscape. Once Amazon CEO Andy Jassy commented (1) that the online retail giant would offer NFTs, suspicions began circulating regarding the platform. Since then, other reports have surfaced detailing … Read more
Bybit, based in Singapore, along with Oracle Red Bull Racing (RBR), a team that competes in Formula One, have announced the debut of their collaborative e-sports program, called Bybit Performance Accelerator. The program aims to improve the overall performance of high-level e-athletes who participate in international tournaments. What exactly is the Bybit Performance Accelerator? … 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
According to published reports, BlockFi also owns $227 million in the bankrupt Silicon Valley Bank, which was not covered by insurance. As the drama surrounding the closing of Silicon Valley Bank unfolds (1) more, other victims are coming to light. Circle, the company responsible for the widely used USDC stablecoin, was the first to suffer … Read more
In light of the significant worsening in the macroeconomic factors, Blockchain.com concluded that it was necessary to terminate BACM, which catered to institutional players. Some crypto companies have been feeling the effects of market instability and liquidity problems. The prominent cryptocurrency business Blockchain.com has decided to close down its crypto wealth management arm in the … Read more
Coinbase, the major crypto exchange in the US, has introduced (1) an innovative feature that it believes will bring millions of users to web3. Businesses will be able to create cutting-edge web3 experiences with streamlined wallet onboarding made possible by releasing a new product called “Wallet as a Service” (WaaS). Because of the development of … Read more