US neobank Cogni has raised $23 million in a Series A funding round jointly led by Hanwha Asset Management and CaplinFO. The startup, launched in 2018 by Archie Ravishankar , says its goal is to create personalized financial services based on the typical lifestyles of Generation Z and millennials. The rating assigned to the company is not disclosed. He...
Investment company Dragonfly Capital has opened a new venture capital fund with a capital of $650 million. Gm anons! We're launching Dragonfly Fund III, a $650M crypto venture fund—our largest fund ever. With this new fund, we'll be be backing founders all across their lifecycle in crypto. Excited to be a small part of the next chapter of this...
Peckshield, a well-known blockchain security company, on Monday revealed the existence of numerous phishing websites for the Web3 lifestyle app STEPN. These sites insert a fake MetaMask plugin into the browser, with which they can steal seed phrases from unsuspecting STEPN users. When the cybercriminals receive the seed, they gain full control over the user's STEPN...
Venture capital firm Andreessen Horowitz (a16z) has created a division to research cryptocurrencies and other technologies related to Web 3.0. 1/ I'm excited to announce that I've joined @a16z crypto as Head of Research! https://t.co/GGPFw0Fls6 — Tim Roughgarden (@Tim_Roughgarden) April 21, 2022 The department was headed by Columbia University computer science professor Tim Roughgarden. “Today, we are pleased to...
MetaMask developers have reported Web3 wallet crashes due to malfunctions in the Ethereum infrastructure provider Infura. If you’re currently experiencing issues with MetaMask, it may be because of the outage that @Infura_io is actively combating: https://t.co/lZGMg4RaaI — MetaMask 🦊💙 (@MetaMask) April 22, 2022 Problems arose with calling some functions with APIs on the main Ethereum network, as well...
Cryptocurrency exchange CoinDCX has completed its Series D funding round, raising $135 million to support various Web3 and crypto initiatives in the country. This funding round doubled CoinDCX's valuation to $2.15 billion, making it the most valuable crypto company in India. The round was led by Pantera and Steadview. Famous investors such as Kingsway, DraperDragon and...
Emirates Airlines has announced that it plans to transform its pavilion at Expo 2020 Dubai into a hub for Web3, NFT and Metaverse products. “The Emirates Pavilion at Expo 2020 Dubai will also be repurposed as an innovation hub, including the development of the airline’s metaverse and NFT projects.” In addition, the largest airline in the United...
Most Popular Metaverse Platforms There are over a dozen different most popular metaverse platforms for real estate. New ones are popping up every week, but for now, most people are focused on the "Big Four." They are Sandbox, Decentraland, Cryptovoxels, and Somnium. Several other companies are working on their own metaverses as well. However, many people...
The Web3.0 ecosystem is based on blockchain technology and aims to make the internet decentralized. The goal is to create a platform and apps owned by their users, not by a single gatekeeper. Instead, users will earn an ownership stake by helping to develop these services. As such, Web3.0 will have the potential to revolutionize...
One of the most significant developments in web technology is the rise of Web 3.0. This new technology allows users to transfer assets globally without using different accounts. It also eliminates the need for individual profiles. Web 3.0 also uses decentralized blockchains to allow individuals to access and share information without having to use any...
