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Tag: Web 3

Web3 Users Surge by 40%, Reaching Historic High in Q2

Web3 Users Surge by 40%, Reaching Historic High in Q2

July 6, 2024July 6, 2024 · Cryptocurrency

In the second quarter of 2024, Web3 user engagement hit an all-time high, with approximately 10 million daily unique active wallets (dUAW), marking a 40% increase from Q1.…

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Binance Labs Thrives Amidst Market Challenges with 25 New Investments in 2023

Binance Labs Thrives Amidst Market Challenges with 25 New Investments in 2023

January 21, 2024January 21, 2024 · Cryptocurrency

Despite a challenging market and waning trust in centralized crypto entities, Binance Labs disclosed 25 new investments in 2023. In the latest report, Binance Labs primarily focused on…

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Web3 Apps Surged 124% in 2023, According to DappRadar

Web3 Apps Surged 124% in 2023, According to DappRadar

January 13, 2024January 13, 2024 · Cryptocurrency

The dApp industry experienced unprecedented growth, with DappRadar’s 2023 Industry Report revealing a 124% year-over-year increase in Unique Active Wallets (UAW). The report provides an overview of the…

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Over 30% of Blockchain Games Launched in 2023 Reported as Dead

Over 30% of Blockchain Games Launched in 2023 Reported as Dead

January 13, 2024January 13, 2024 · Cryptocurrency

More than 30% of blockchain games announced in 2023 have been reported as discontinued or canceled, as per the data provided by the Big Blockchain Game List. As…

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Bitget Defies Industry Standarts by Increasing Employee Count in 2023

Bitget Defies Industry Standarts by Increasing Employee Count in 2023

January 6, 2024January 6, 2024 · Cryptocurrency

Bitget – the Seychelles-based crypto derivatives exchange – has significantly expanded its team, growing from 1,100 to 1,500 employees. A similar trend could be seen with its user…

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The Sandbox Enters 'Depression' Phase – Is Now the Time to Acquire SAND?

The Sandbox Enters 'Depression' Phase – Is Now the Time to Acquire SAND?

December 25, 2023December 25, 2023 · Cryptocurrency

SAND, the native token of metaverse platform ‘The Sandbox,’ has gained over 40% in the past month, driven by a broader market resurgence that pushed its price to…

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Polygon CDK Expansion Takes Precedence as Edge Contributions Cease

Polygon CDK Expansion Takes Precedence as Edge Contributions Cease

December 16, 2023December 16, 2023 · Cryptocurrency

Polygon Labs has discontinued contributions to its Edge platform which is designed to build custom Ethereum-compatible blockchain networks. This decision reflects the company’s plans to prioritize the expansion…

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Forbes' Latest Under 30 List to be Listed on Ethereum Blockchain

Forbes' Latest Under 30 List to be Listed on Ethereum Blockchain

December 3, 2023December 3, 2023 · Cryptocurrency

The global media giant Forbes announced the launch of its esteemed Under 30 list on the Ethereum blockchain. This initiative represents a milestone, combining conventional media’s reputation with…

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What Are Crypto VCs Investing in? Binance Research

What Are Crypto VCs Investing in? Binance Research

November 19, 2023November 19, 2023 · Cryptocurrency

The downward trend in 2023 has failed to deter the steady pace of deals and investments in the digital market space. Binance Research’s latest report revealed that a…

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Aave Ecosystem Rebranding to Avara

Aave Ecosystem Rebranding to Avara

November 17, 2023November 17, 2023 · Cryptocurrency

Stani Kulechov – the founder of Aave Companies – has announced that the network of blockchain entities and ventures that he created has rebranded as Avara. Rebranding to…

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SBI Holdings to Launch 3M Fund to Propel Web3 and Fintech Startups

SBI Holdings to Launch $663M Fund to Propel Web3 and Fintech Startups

November 9, 2023November 9, 2023 · Cryptocurrency

SBI Holdings, a prominent Japanese financial company, is preparing to launch a $663 million fund supporting Web3, AI, and other fintech startups. The fund is slated to invest…

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Illinois Partners With NFT Pioneers Fantastec SWAP

Illinois Partners With NFT Pioneers Fantastec SWAP

August 10, 2022October 30, 2022 · Lifestyle

Press Release – Aug 10, 2022 URBANA, Ill., August 10, 2022 (Newswire.com) – Fantastec SWAP announced on Wednesday (Aug. 10) the University of Illinois has signed up to…

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