Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Web3
Cardano and MultiversX Attend Launch Of Web3 Initiative In Geneva With Launch of Lightningbox
Blockchain services provider STORM Partners made a major announcement during the Web3Fest, accompanied by Cardano (ADA), MultiversX, and other major projects in the crypto space. During the event in Switzerland’s “Crypto Valley,” the company unveiled “Lightningbox,” a new Web3 Sandbox, and relocated its headquarters from Montreux to Geneva. The initiative aims to enable large enterprises in Europe to harness the potential of blockchain technology and lead their digital transformation efforts. STORM Partners Joins Cardano (ADA) To Accelerate Blockchain Adoption The…
12 months ago
BREAKING: IOTA’s Web3 ID Solution Selected for European Sandbox Initiative
IOTA’s Web3 ID Solution has been selected for the prestigious European Blockchain Sandbox. This initiative represents a major advance in privacy-focused KYC processes for the Web3 environment. Following the launch of a blueprint for the EU Digital Product Passport with Digimarc in CNF previous report, IOTA continues to demonstrate blockchain’s versatility. A recent update from IOTA’s blog dated June 13, 2024, proudly announces the selection of their Web3 Identification Solution for the European Blockchain Sandbox by the European Commission. This…
12 months ago
Tags
Web3Tags
Web3QuickNode Builder’s Guide: Essential Tool for Every Web3 Developer
QuickNode Builder’s Guide simplifies web3 tool selection for developers, reducing research time. The guide covers various web3 project types and essential toolsets for efficient development. QuickNode has released “The Builder’s Guide,” a comprehensive tactical tool aimed at helping both new and experienced engineers working on web3 applications. As the landscape of blockchain infrastructure, tools, and solutions expands, choice paralysis and information overload hinder developments in their creative process. This book offers a simplified method for choosing the ideal infrastructure and…
12 months ago
Pixelverse Secures $5.5M in Funding To Drive Web3 Gaming Innovation Worldwide
The capital will further expand the development of the gaming ecosystem and enhance the adoption rates of Pixelverse globally. Pixelverse, a rising blockchain-based play-to-earn game, announced the successful closure of its latest funding round, adding $5.5 million to its capital base. The additional funds are set to improve development across its gaming ecosystem and entertainment studio, to further Web 3 gaming adoption globally. The capital raise welcomed some of the top-tier VC firms across the Web 3 ecosystem, including Delphi…
12 months ago
Meet ZChains: Innovating at the Web3 Frontier
Get ready to experience the next big thing in the Web3 universe—ZChains has officially entered the scene! ZChains is a state-of-the-art Layer 1 blockchain, boasting a modular, EVM-compatible structure powered by a Proof of Stake (PoS) consensus mechanism. What sets ZChains apart? It’s all in the PoS brilliance, which boosts security, scalability, and decentralisation by choosing validators based on their stake. It reduces risks, supports high transaction volumes, and ensures fast, reliable performance. PoS empowers a diverse group of participants,…
12 months ago
Nexura Studio, the Crypto Agency that’s Leading the Way in Web3 Marketing Innovation
Nexura Studio, a Web3 marketing agency founded with a passion for innovation and a deep understanding of blockchain technology, has been at the forefront of promoting Web3 projects since its inception. Over the years, the crypto agency has evolved to meet the growing needs of a decentralized world, helping numerous companies build and expand their Web3 products. Nexura agency's mission is to empower crypto projects by providing first-class marketing services tailored to the unique needs of the decentralized ecosystem. Range…
12 months ago
New Web3 in Travel Accelerator Program calls for Startups Worldwide
Zug, Switzerland, June 10th, 2024, Chainwire European Venture Capital and Web3 Companies join forces to found Tectris In an exciting development for the travel and hospitality sectors, ennea capital partners, Falkensteiner Ventures, Trips Community, Chain4Travel, and other key players have come together to launch Tectris. The program aims to nurture startups that are developing cutting-edge technologies in blockchain, cryptocurrency, and AI to transform the travel industry. As we move from the ‘read’ phase of Web1 and the ‘write’ phase of…
12 months ago
PlayFi Announces Strategic Alliances & Integrations with Four Industry Leaders to Enhance Gaming Innovation Through AI and Web3
New York City, United States, June 10th, 2024, Chainwire PlayFi, an AI-powered data network and blockchain tailored for the gaming industry, has announced new engagements with four industry leaders aimed at strengething the gaming ecosystem through enhanced technology integrations. PlayFi, which sits at the intersection of gaming, web3, and AI, will be working alongside Aethir, MultiversX, Squid, and Matter Labs, furthering PlayFi’s commitment to advancing the gaming industry with cutting-edge blockchain solutions. “We are thrilled to be working with industry…
12 months ago
6500% Growth in One Month – Talentir, the most anticipated Web3 creative project in 2024
Talentir, the platform that enables the creative industry to receive earnings from YouTube, Spotify & Co. directly via the blockchain, recorded a staggering 6,500% growth compared to April. This unprecedented surge reflects the growing acceptance and adoption of blockchain products within the industry and beyond. One of Talentir's most significant advantages is cost savings. Traditional payment & distribution methods often involve hefty fees and delays and require an immense manual workload. Backends built on blockchain and self-executed transactions are fast…
12 months ago