Fastex raises $23.2 million through its Fasttoken (FTN) sale

Fastex, an emerging Web 3 ecosystem, has raised $23.2 million in funding at a token generation event and sold over...

Web3

As global regulators grow wary of cryptocurrency, Japan embraces Web3

With stringent regulations already in place to help protect FTX Japan and its investors from severe losses, Japan is committed...

Web3

VC funding for Black web3 founders surged last year, bucking the trend

Industry start-ups are more optimistic than ever After the crypto winter nearly froze the sector, much hope remains. Luna's crash,...

Metaverse

Metaverse assets: how are they taxed?

Can Metaverse Assets be Taxed? The metaverse idea is not new. Early iterations spanned years, from the introduction of digital...

Metaverse

What is SocialFi? The social network of the future: a beginner’s guide

What is SocialFi? SocialFi combines the principles of social media and decentralized finance (DeFi). The SocialFi Platform offers a Web3...

Metaverse

What is the Illuvium (ILV) game all about?: A beginner’s guide

What is Illuvium? Crypto-based blockchain games are nothing new and there are quite a few available such as Crypto Kitties...

Ethereum

According to a report, decentralized forex will reduce costs by up to 80%

Researchers compared the transaction costs of USDC and EUROC stablecoins on Uniswap to the World Bank's estimate of average remittance...

Ethereum

Azuki’s Twitter account was breached by hackers in 30 minutes, stealing $758K

Most of the stolen funds came from one wallet, deducting $751,321.80 in USDC from malicious links. Azuki, a popular Nonfungible...

Ethereum

For testing withdrawal conditions for Ether, Ethereum developers create a ‘shadow fork’

Developers try to attack forked testnets with malicious nodes to see if they can find vulnerabilities. As the proposed date...

Ethereum

After testing on other networks for 10 months, Aave deploys version 3 on Ethereum