Tag: Web3

Consensys, a prominent hub for blockchain technology, has submitted proposals to the U.S. Securities and Exchange Commission (SEC) with friendly initiatives. However, the firm’s proposal emphasizes the robust security systems entrenched in the Ethereum blockchain, notably the Proof of Stake (PoS) technique. The SEC receives numerous comments and requests regarding Ethereum ETF applications.

In a groundbreaking move for the Web3 development ecosystem, Mirror World, a prominent platform for decentralized applications (dApps), has unveiled its inaugural gaming rollup chain on the Solana blockchain network. This milestone marks a significant leap forward in the convergence of blockchain technology and gaming, promising enhanced scalability, interoperability, and user experience.

Arbitrum Foundation, Azuki, and Weeb3 Foundation have announced a collaborative effort to introduce AnimeChain, a blockchain-powered anime network. AnimeChain seeks to engage anime enthusiasts in the web3 space by offering a diverse range of content, games, merchandise, and NFTs.

Solana has carved itself a niche as a high-performance platform that can handle transactions quickly and affordably. With its native token, SOL, reaching $150 amid a larger bull market, Solana’s network has experienced a considerable increase in activity.

Bitget Wallet, a well-known non-custodial wallet, is about to shake up the Web3 market with the upcoming debut of its native token, BWB. The non-custodial wallet presently has more than 12 million users worldwide.

The cross-chain protocol Wormhole has commenced inquiries for an airdrop, offering its native token W. Approximately 6.17% (617,305,000) of W tokens will be disbursed, reaching 397,704 wallet addresses. Wormhole, a leading interoperability platform, facilitates multichain applications and bridges, serving as the backbone of Web3.

Uniswap Labs has unveiled a game-changing update, bidding farewell to 0x addresses and ushering in 𝙪𝙣𝙞.𝙚𝙩 – a unique web3 username. This transition simplifies crypto transactions and fosters web3 profile building, enhancing user experience and accessibility in the decentralized ecosystem.

eBay is reportedly reassessing its approach to NFTs after making significant cuts to its Web3 division. According to NFTgators, more than 30% of the Web3 team has been laid off, including Stef Jay, the business and strategy officer. The relationship between eBay and KnownOrigin, a previously acquired NFT marketplace, has deteriorated, leading to the departure of David Moore, one of Knownorigin’s founders. As a result, eBay has suspended all digital art initiatives.

Yuga Labs, a leading web3 lifestyle and media company, has acquired PROOF, including its PROOF Collective and Moonbirds collection, in a strategic move to solidify…

The Aptos Foundation, in collaboration with Web3 application Jambo, has introduced the JamboPhone, priced at $99 and now accessible in over 40 countries/regions. This initiative aims to democratize access to the digital economy, particularly targeting users in Africa, Southeast Asia, and Latin America. A partnership tweet highlights the joint efforts of Aptos and Jambos to enhance Web3 accessibility in emerging markets, with the JamboPhone serving as a pivotal tool equipped with @PetraWallet and the JamboApp, providing direct access to the Aptos ecosystem and beyond.