Bitget Launches $100M Web3 Fund to Boost Crypto Projects in Asia

Bitget, the esteemed crypto exchange, has recently launched some new funds that are specifically geared toward promoting several upcoming Web3 projects. The fund has already amassed an impressive $100 million for its initial investment, which underscores Bitget’s unwavering confidence in the future of Web3.  Main Goal of this Fund The main objective of this fund is to provide financial backing …

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Huawei Cloud and Morpheus Labs Unites to Unleash Web3 Potential

Morpheus Labs, Blockchain Solutions, Deep Brain Chain, Polygon and Huawei Cloud have joined forces to leverage the broad array of Metaverse and Web3.0 opportunities. The revolutionary collaboration was announced by Pei-Han, CEO of the blockchain platform on February 23, marking an important milestone for both companies. With this forward-thinking venture, users will be able to access cutting edge services utilizing …

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ZeptoLab and the Sandbox join forces to unlock the power of web3

The Metaverse is a revolutionary technology that is gaining traction among tech-savvy individuals and companies alike. It is a virtual world that is powered by blockchain technology, allowing users to interact with each other in a virtual environment. Due to its increasing presence, several tech giants are investing in this potential technology. Following the footsteps of other tech giants Sandbox, …

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Syscoin Signs Major Deal to Boost Web3 Development in Asia

Eindhoven, Netherlands, December 21, 2022 Syscoin, a decentralized and open-source project founded in 2014, has announced a long-term partnership with WEconomy, the largest Web3 incubator in Asia. The move marks a significant expansion milestone for the Syscoin ecosystem and adoption across Asia. The newly founded WEconomy, currently consists of seventy startup projects and DAOs (Decentralized Autonomous Organizations) from across Asia, …

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Liquid Staking Derivatives Capitalizes on Ethereum’s Dencun Upgrade to Propel Web3 Innovation

EIP-4788 will greatly benefit DApp security and reduce risk industry-wide. By removing reliance on external oracles, which accounted for $1B in DeFi hacks in 2022, Dencon fortifies the ecosystem against a major attack vector. This change aligns with the broader trend toward protocol-owned infrastructure for reduced risk. Liquid staking protocols are poised for exponential growth as crypto staking matures into …

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Web3 Base Layer – Mystiko.Network Completed a 18 Million USD Seed Funding Round

Mystiko.Network, the leading Base Layer of Web3, has completed a 18 Million USD seed funding round led by Sequoia Capital India/SEA (now known as Peak XV Partners), with participation from Samsung Next, Hashkey, Mirana, Signum, Coinlist, Naval Ravikant, Sandeep Nailwal, Gokul Rajaram, Tribe Capital, Morningstar Ventures, etc.  In less than a year, Mystiko V1 mainnets have supported over 134 Million …

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SK Telecom Joins Forces with Aptos and Atomrigs Lab to Launch Web3 Wallet

South Korean telecom giant SK Telecom (SKT) plans to launch a Web3 wallet, T wallet, in partnership with Aptos Labs and Atomrigs Lab to expand its presence in the blockchain and Web3 ecosystem. Key Takeaways SK Telecom’s Web3 Wallet Vision South Korean telecom giant SK Telecom (SKT) has unveiled its ambitious plan to launch a blockchain-based wallet service for both cryptocurrencies and …

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