Nigeria’s detention of Binance executive Tigran Gambaryan is impacting the country’s blockchain industry, an organization representing blockchain and crypto associations has warned. Evidence of this impact includes the decline in foreign…
The Monetary Authority of Singapore (MAS), the country’s central bank, has announced that it is committing up to 150 million Singapore dollars (around $112 million), to support various financial technology solutions like Web3. In an…
Singapore's Monetary Authority (MAS) has announced a commitment of up to S$150 million over three years to foster technology and innovation in the financial sector. This initiative, known as the Financial Sector Technology and Innovation…
Web3is a vision and technology effort—coupled with economic incentives—to rebalance economic power in the web across service providers, application developers and consumers. This effort envisages a decentralized, more…
Welcome to our Web 3.0 Business Models blog, where we explore the exciting world of decentralized technologies and their potential to transform traditional business models. As we enter the era of Web3, we see a fundamental shift in the way…
The aim of a start-up accelerator that was co-founded by Jonny Ng Kit Chong, a member of the Hong Kong Legislative Council, is to entice one thousand Web3 enterprises to locate their operations in the city-state within the next three…
With the many possibilities opened by ChatGPT, executives within the Web3 space predicted how the artificial intelligence (AI) tool developed by OpenAI would make its impact on the industry. From using the bot for smart contract auditing to…
Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services for a slew of Ethereum-based apps,…
The Polygon blockchain has emerged as the leading gateway for moving Web2 consumers to Web3, Bernstein said in a research report Friday. The system has been chosen by Starbucks (SBUX), NuBank, Reddit, Draftkings (DKNG), Robinhood (HOOD) and…