Yuga Labs announced on Feb. 16 that it had acquired PROOF, which includes the PROOF collective, Moonbirds, Oddities, and the Grails exhibition series. Yuga Labs, the leading web3 lifestyle and media company, has purchased PROOF, which includes the PROOF Collective,
The Indonesian elections are scheduled for this Wednesday, Feb. 14, and candidates are utilizing innovative approaches to capture the interest of the nation’s expanding Generation Z voters. Indonesian citizens will be casting their ballots on Wednesday, Feb. 14. Presidential candidates
New research from the Bank of International Settlements (BIS) urges policymakers to “future-proof” themselves against the negative impacts of an unchecked metaverse on the digital economy. The BIS research stated that to keep the metaverse from fragmenting and being controlled
Hedera Protocol recently announced the establishment of a $250 million fund dedicated to DeepTech. The objective is to promote web3 education and encourage its adoption in Saudi Arabia. An X announcement disclosed that the partnership will span five years. Between
Africarare is set to launch its virtual currency, the Ubuntu Token. The token is aimed at becoming a means of payment in the virtual marketplace of the metaverse. It would provide e-commerce and charitable support, with 10% of sales going
Victoria VR introduced its highly-anticipated Web3 Metaverse on the newly released Apple Vision Pro platform on Feb 2. The Victoria VR app, concurrently, is scheduled to launch in the second quarter of 2024. VR developer, Victoria VR, is preparing to
In a move towards embracing the future of technology, Japan is positioning itself at the forefront of the web3 era. Masaaki Taira and Hideto Kawasaki, prominent Japanese congress members, have expressed their intent to develop comprehensive policies for web3. This
A coordinated phishing attack targeted the cryptocurrency market, resulting in losses exceeding $580,000. On-chain sleuth ZachXBT claims that suspicious users received emails imitating web3 businesses like CoinTelegraph, Token Terminal, and Wallet Connect. The emails tricked users into clicking “airdrop claim”
Bitget has committed $10 million to women-led web3 startups, fostering gender diversity and inclusivity in the blockchain industry with Blockchain4Her. Bitget, a cryptocurrency exchange, allocates $10 million to invest in startups led by women in the web3 and blockchain industries.
Tune.FM, with its headquarters in San Francisco, a web3 decentralized music streaming platform, has secured USD 20 million in funding from global investment group LDA Capital. Web3 music platform Tune.FM raised $20 million in funding from alternative investment group LDA
Ready Player One author Ernest Cline and producer of its film adaptation Dan Farah have teamed up with Futureverse to create a digital universe for the story. Ready Player One is a story whose setting is in the future—in 2045—where
In 2023, the Web3 landscape experienced a setback, with $1.8 billion lost to hackers and fraudsters. A portion of these losses, about 17%, has been linked to the Lazarus Group, believed to be connected to North Korea. This information emerges
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