Avalanche Foundation’s Community Coin Acquisition: Empowering Web3 Culture on Avalanche

In late 2023, the Avalanche Foundation made an exciting announcement that has sent ripples throughout the crypto community. As part of its ambitious Culture Catalyst program, the Foundation unveiled its intention to acquire community coins native to the Avalanche blockchain…

Web3 Privacy: COTI Implements Garbled Circuits on Blockchain Ahead of V2 Launch

Key Highlights: In a groundbreaking development, COTI, a Web3 infrastructure development firm, has successfully demonstrated the deployment of garbled circuits on the blockchain. This achievement comes just before the anticipated launch of COTI V2, the privacy-centric Ethereum-based layer-2 network, scheduled…

Yuga Labs Secures New Ground in Web3 with Strategic PROOF Collective Acquisition

Yuga Labs, the esteemed web3 company known for its Bored Ape Yacht Club non-fungible token (NFT) collection, has recently made headlines with its acquisition of PROOF, a prominent player in the thriving NFT space. This strategic move signifies Yuga Labs’…

Cardano’s Ecosystem Thrives: Exploring Notable dApps in the Web3 Future with potential growth for 2024

Cardano has firmly established itself as a cornerstone of the blockchain industry, boasting a thriving ecosystem of over 1,315 projects dedicated to shaping the future of decentralized applications (dApps). As of early 2024, the platform has seen the successful launch…

Key Trends in Crypto as per Binance

January 2024 marked a seminal moment in the crypto sphere, predominantly characterized by a subtle yet promising growth. The crypto market’s total capitalization saw a modest uptick of 0.4%, a testament to the sector’s resilience and the groundbreaking launch of…

Web3 Music Accelerator Program: A Collaboration Between Polygon Labs and Warner Music Group

Polygon Labs and Warner Music Group (WMG) have joined forces to launch the Web3 Music Accelerator program, with the aim of fostering innovation at the intersection of Web3 and music. This program, which was introduced in June 2023, has already…

Exploring the Potential of Wallet Airdrops: A Opportunity in the Web3 Industry

The wallet industry is on the verge of a major transformation, with the upcoming launch of token airdrops by leading investors and the exponential growth in its market potential. In this article, we explore the reasons why the Wallet AirDrop…

Thirdweb Discloses Smart contract Critical Web3 Security Vulnerability, Urging Immediate Action for Blockchains

In a recent announcement, leading smart contract development firm Thirdweb disclosed a significant security vulnerability that has the potential to impact a wide range of smart contracts within the Web3 ecosystem. The firm identified a flaw in a commonly used…

Polygon PoS Integration with Amazon Managed Blockchain (AMB) Access Expands Web3 Application Potential

We are thrilled to announce that Amazon Managed Blockchain (AMB) Access now offers support for the Polygon proof-of-stake (PoS) mainnet and the Mumbai testnet in public preview. AMB, a fully managed service, enables seamless access to both public and private…

Web3 Hacks Surge in November: $350M Stolen with Justin Sun Projects Dominating

In November, the world of Web3 experienced a significant increase in hacks and exploits, resulting in a staggering $350 million stolen across 28 incidents, as reported by blockchain security firm Peckshield. This surge marked the second-largest month for such occurrences…