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Showing posts with the label web3

Strategizing Global Web3: How CoinW is Expanding from Dubai to the World

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Bybit teams up with Aptos for an exclusive APT Ecosystem Airdrop

Bybit, the second-largest crypto exchange by trading volume, has teamed up with Aptos (APT), the Layer-1 (L1) blockchain network, to launch an exclusive APT Ecosystem Airdrop, as per the most recent updates disclosed to Finbold on Thursday, November 7. Meant to empower Web3 creators and energize the sector, the airdrop comes with 18,000 APT tokens up for grabs. The Bybit APT Ecosystem Airdrop Hosted on Bybit’s Airdrop Arcade, the campaign is an opportunity for Bybit to showcase its commitment to providing top-tier blockchain opportunities and building a more decentralized ecosystem.  Picks for you Trump victory fuels 40% surge in Dogecoin millionaires 2 hours ago Will this be Trump's first action to appease the crypto communit...

Soulbound Tokens: Revolutionizing Digital Identity on Blockchain

Soulbound Tokens: Revolutionizing Digital Identity on Blockchain! The rapid evolution of blockchain technology continues to unveil groundbreaking solutions across various sectors, and digital identity is no exception. One of the most innovative applications emerging in the decentralized landscape is Soulbound Tokens (SBTs) , poised to revolutionize how we manage and protect our digital identities. What are Soulbound Tokens? Soulbound tokens , first conceptualized by Ethereum’s co-founder Vitalik Buterin, are unique, non-transferable tokens that represent an individual’s digital credentials, achievements, or identity. Unlike traditional NFTs, SBTs cannot be traded or sold. They are permanently “bound” to the holder, making them a secure, tamper-proof method of storing personal information and verifying identity on blockchain networks. Why is Digital Identity Important? In today’s digital age, our online identity is a critical aspect of interacting with the virtual...

US presidential hopeful Vivek Ramaswamy unveils crypto framework

Vivek Ramaswamy, a U.S. Republican presidential candidate, introduced a crypto policy framework designed to safeguard elements of the Web3 space, including non-custodial digital currency wallets. In a document titled “The Three Freedoms of Crypto,” Ramaswamy urged regulators to scale back a significant portion of SEC crypto rules. The proposed framework, unveiled at the recent North American Blockchain Summit in Fort Worth, Texas, outlines a “safe harbor” exemption policy for newly introduced cryptocurrencies. This exemption offers regulatory clarity, granting new cryptocurrencies protection from securities laws for a specified period after their launch, and prohibiting any federal agency from establishing rules that would restrict the utilization of self-hosted wallets (crypto wallets not controlled by centralized exchanges). Ramaswamy, known as the founder of Roivant Sciences, also criticized sanctions on Tornado Cash, pledging to prosecute bad actors rather...

Vessel Capital to create $55 million crypto fund

Vessel Capital, a venture capital firm, has announced the creation of its $55 million crypto fund.  The firm will use its new fund to invest in different crypto projects and web3 infrastructure, according to TechCrunch. The main aim of the fund is to help crypto projects grow and to support crypto founders at an early stage. Vessel Capital was founded by Mirza Uddin, Eric Chen, and Anthony Anzalone. The firm has been investing nearly $10 million annually. You might also like: Growth-focused investors considering VC Spectra over Lido DAO and Aptos The company will allocate the investments over five years. Uddin will be looking to work with founders from the beginning on the ideas behind the projects. The founder explained that it’s essential to create a strong relationship with the founders in the early stages, and a VC that has crypto -related knowledge will help them be on their way to success. Uddin added that those VCs who don’t understand how the ...

A simple tile game is spiking daily txs on Sui Network: Data platform

Sui 8192 is a tile-sliding puzzle game launched in October 2022 and is fully on-chain. Each move is recorded as a transaction on the Sui Network. A simple blockchain game has been behind a massive spike in daily transactions on the Sui Network, with one data platform even suggesting it has surpassed Solana in network activity. Similar to the 2014 viral browser-based puzzle game 2048, Sui 8192 is a sliding tile game where the players use their arrow keys to shift and combine tiles until they reach a tile worth 8192. It was first launched in October 2022. Each instance of the game mints a new object, similar to minting an NFT, and each move in the game is recorded as a transaction and thus requires a gas fee payment, according to a July 10 blog post from the Sui Foundation. Haha! Finallyyyy!!!! #sui 8192 @EthosWalletXYZ I got it. pic.twitter.com/xzau7SO0Fv — hagoyyds.bnb (@hagoyyds) July 16, 2023 The game was built by Sui wallet provider Ethos Wallet as the first wholly on-cha...

HyperPlay game aggregator alpha launched, features in-built Web3 wallet

The game aggregator will allow users to link their Web3 wallets to various games through crypto wallet provider MetaMask. HyperPlay, a Web3-native game launch er with a built -in crypto wallet , has announced its early access launch , according to a Mar. 1 announcement from the developer. The online game launcher was built in collaboration with crypto wallet provider MetaMask, aimed at integrating players' crypto wallets with game libraries such as Epic Games Store, GOG (formerly Good Old Games), and its own HyperPlay Store.  The new platform, founded by former Metamask operations lead, JacobC.eth, doesn’t charge developers any commissions and instead plans to rely on crypto services such as swaps and bridges to monetize the platform. Today, we’re excited to celebrate the early access alpha launch of https://t.co/tXbk7iBEWb, a game launcher that brings Web3 wallets into native games. We aggregate the @EpicGames store, @GOGcom, and our own store to overlay @MetaMask into game exper...