.@BNBCHAIN and @BinanceLabs launch the BNB Incubation Alliance to support early-stage Web3 projects with resources, grants, and global events. Participants get benefits worth up to $300K. #Web3 #CryptoNews
Moonbeam Network launches a $13M fund to boost its ecosystem, focusing on gaming and asset tokenization. N3MUS receives the first innovation grant. Key players: @StellaSwap, Moonwell. #Web3 #Updates
L2con in Brussels on July 9 will feature 55+ speakers, including founders from @MatterLabs and @0xPolygon, discussing Ethereum’s scalability with ZK and Optimistic rollups. #Web3 #Ethereum
Avail, co-founded by Anurag Arjun, raises $75M to enhance Web3 with modular unification tech. Testnet processed 118M+ transactions. Backers include @FoundersFund & @dragonfly_cap. #Web3 #Blockchain
The Web3 Foundation awarded its first Decentralized Futures grant in Asia to PolkaPort East, boosting $DOT presence in HK’s Greater Bay Area. #Web3 #Polkadot #Updates
Web3 and blockchain projects raised $1.08B in May. Farcaster & Bitdeer secured $150M each. Babylon raised $70M for Bitcoin staking. $xAI led with $6B. #Blockchain #AI #Updates
DeGameFi, the largest blockchain event in the Caucasus, will be in Tbilisi on June 15-16. Expect 1,000+ attendees, 60+ speakers, and names like @Tether_to, @0xPolygon, and @Mastercard. #Web3 #Blockchain
Web3’s promise of digital property rights represents a seismic shift from Web2, empowering users by ensuring ownership of digital assets and challenging internet centralization for a fairer digital ecosystem.
Alchemy Pay’s Web3 Digital Bank launch on May 21 significantly impacts fintech, marrying multi-fiat and cryptocurrency operations within a single account, inspired by Ripple’s cross-border payment solutions. This innovation saw Alchemy’s ACH token jump 10.44%, reflecting market approval of its strategy to ease Web3 business transactions globally. #FintechInnovation #CryptoBanking
Phantom acquires Bitski, aiming to revolutionize dApp onboarding with email-only sign-ups through embedded wallets, eliminating traditional barriers for users. This strategic move is set to broaden dApp accessibility, highlighting Phantom’s commitment to enhancing user experience and dApp adoption.
Polimec, a pioneering decentralized funding parachain, has launched on Polkadot, introducing a novel approach to Web3 project fundraising by ensuring transparency, community involvement, and regulatory compliance. Its integration with a Deloitte-powered KYC Credential underscores a commitment to secure and compliant funding processes.
Imaginary Ones and HUGO’s web3-enabled customizable denim jacket collaboration, launched on March 12, sold out by March 14, highlighting the demand for digital fashion. The project, blending physical and digital realms, rewarded users with $350 in BUBBLE Coin, showcasing the financial benefits of engaging with web3 technologies.
Mastercard’s Start Path Blockchain program embraces the future of commerce by integrating five new startups, aiming to propel digital assets into mainstream use. This strategic expansion highlights a commitment to innovation and a vision for a seamless, secure digital transaction future, leveraging blockchain’s potential globally.
1inch Network partners with Baanx and Mastercard to unveil the Web3 crypto 1inch Card, facilitating crypto transactions at over 160 million locations globally and pioneering seamless crypto-to-fiat conversions for everyday use.
