Web3 stories

Animoca Brands has raised an additional USD $10 million to expand Mocaverse, enhancing Web3 adoption and interoperability efforts across the network.

Blockscout has launched its Merits Program, a gamified initiative to enhance blockchain navigation skills, rewarding users with NFT badges for achievements.

The latest Hacker-Powered Security Report reveals 48% of security professionals cite AI as their top threat, amid a surge in AI-related vulnerabilities.

As the UK prepares for its Autumn Budget, tech leaders advocate for tax reforms and investment to enhance growth and cybersecurity amid rising challenges.

Binance has launched early trading access for Scroll (SCR) in New Zealand, allowing users to earn tokens before their official spot listing.

Google Cloud launches a new easy-to-use Blockchain RPC service, offering Web3 developers cost-effective, scalable, and reliable node infrastructure solutions.

Kaspersky has uncovered a sophisticated cyber fraud scheme, 'Tusk,' exploiting popular trends like web3 and AI to steal cryptocurrency and sensitive data.

Singtel and SK Telecom have signed an MoU to advance next-gen telecom networks, focusing on AI, virtualisation, and preparing for 6G over the next two years.

Tim Kravchunovsky, CEO of Chirp, criticises traditional telecoms and finance, urging for decentralized blockchain networks, especially after the US ACP's end.

MultiversX and eCornell launch a global initiative to introduce underserved students to blockchain, offering free courses and hands-on experience.

OpenPayd doubles growth for the second year, hitting over GBP £40 million ARR, as embedded finance adoption surges. CEO Dimitrova eyes new milestones.

Dastan names Katy Koob as Vice President of Revenue, leveraging her Web3 and AI expertise to drive growth and lead the launch of the blockchain-based Content+.

Haven1 partners with Stader Labs to debut hsETH, a liquid staking token boosting rewards and engagement in the Ethereum ecosystem, set for Q3 2024.

Unstoppable Domains and Secret Network launch the .Secret Web3 domain, enhancing privacy and security for digital identity and blockchain communication.

Metropolis, a bustling SocialFi network with 400+ creators and brands, unveils user-owned digital identities via .metropolis Web3 domains in partnership with Unstoppable Domains.

APhone and Aethir announce a partnership to decentralise cloud smartphone and GPU cloud computing, enhancing full node deployment accessibility.

Crypto infrastructure provider Banxa enters a strategic partnership with global payments company Primer, aiming to streamline cryptocurrency adoption and foster the growth of the crypto and Web3 ecosystem.

The Brand Safety Alliance's new GlobalBlock service will include Unstoppable Domains to extend domain blocking protections, countering brand impersonation and IP hijacking on Web3 extensions.

SocialFi, a blend of decentralised finance and social media, is gathering momentum, with platforms like KangaMoon and xNinja.Tech attracting thousands of users, and set to challenge traditional social media platforms.

Ahead of IWD 2024, addressing gender disparity in Web3 is essential, with 94% of crypto executive roles held by men and the gender pay gap in the UK financial sector at 23.3%.