Chinese Central Bank: In Pilote Stage, Digital Yuan Has 261M Active Users
China’s central People’s Bank of China (PBoC) has claimed over 261 million users activated digital yuan wallets by the end of last year – in addition to the 20 million-plus who have downloaded its official pilot app, which was released to marketplaces in “10+1” cities earlier in the month.
Gemini Acquires Crypto Trading Tech Platform Omniex
The buy allows the company to publicly launch a crypto prime-brokerage offering
NYC mayor consolidates tech offices, expands role of CTO
New York City Mayor Eric Adams has signed an executive order consolidating the leadership of offices of technology and innovation.
Opera pushes further into crypto with new Web3 integrated browser
The mania around Web3 is intensifying by the day, especially as the digital infrastructure surrounding it continues to take a definitive structure. This has caused many players from the current internet epoch to allocate their resources to the same in a bid to stay relevant during this transformative period. The most recent move in this […]
Web3 ‘Proof of attendance’ startup raises $10M to mint shared memories as NFTs
If blockchains are immutable records of our digital history, what kinds of history do we want to inscribe on them? Predictably, most records thus far have been transaction data, but as entrepreneurs expand their ambitions for NFTs, startups are aiming to tie those asset transactions to real world events and interactions. POAP, which stands for […]
MEXC Pioneer sponsors Darwinia Crab Hackathon encouraging contribution to Web3 applications
MEXC Pioneer is partnering with Darwinia Network to launch The Crab Hackathon, aiming to encourage developers to contribute ideas and early-stage projects related to Web3 Tools, DeFi, Metaverse, and NFTs to the Crab ecosystem. The $100,000 prize pool will be allocated based on the votes of the judging panel. The Crab Hackathon is looking for […]
Sources: Brevan Howard Launches First Digital Assets Fund in ‘Massive’ Crypto Push
The firm’s inaugural crypto strategy started trading earlier this month with a sizeable amount of internal capital
MSCI Partners With Digital Assets Firm Menai Financial Group
Global index provider aims to develop tools for institutional investors to navigate the space, in partnership with Menai Financial Group
MEXC Global to list GARI network supporting a creator economy in Web3 era
The leading digital asset and cryptocurrency trading platform MEXC Global will list GARI Network ($GARI) on the M-Day session, where users have a low-cost opportunity to invest early in project tokens. $GARI is the social token of the Chingari App, where people can acquire and engage with customized videos, extensive music library, hyper-realistic AR filters, […]
China’s digital yuan wallet now has 260 million individual users
One of the fastest-growing apps in China right now, by installs, is the central bank’s digital yuan wallet. 261 million individual users (as opposed to enterprises) have set up e-CNY wallets so far, and 87.5 billion yuan ($13.78 billion) worth of transactions has been made using the digital fiat currency, Zou Lan, head of financial […]
Crypto.com expands venture arm to $500 million to back early-stage web3 startups
Crypto.com, a popular cryptocurrency exchange, has extended its venture arm’s fund size to $500 million as it looks to more aggressively back early-stage startups to help the nascent ecosystem grow, following similar moves by rivals Binance, Coinbase and FTX. The broadening of Crypto.com Capital comes less than a year after the Singapore-headquartered firm unveiled its […]
Web3 ETFs Will Spur Ecosystem Support and Growth, Industry Pros Say
Simplify Asset Management last week revealed plans to launch a Web3 ETF (WIII), subadvised by Volt Equity.
Pocket Network brings AWS for Web3 to shake up the internet’s infrastructure
Pocket Network crosses significant 20,000 full-node milestone in over 23 countries Tampa Bay, Florida, U.S.A – 14th January 2022 – Pocket Network – an infrastructure middleware protocol that facilitates decentralized cloud computing and abundant bandwidth on full nodes interoperable with DApps across all 21+ blockchains surpass milestone 20,000 full nodes, answering a real and conceptual […]
Singapore curbs crypto marketing in digital asset crackdown
Singapore advised that service providers should only market their wares on their own websites, apps or social media.
Crypto.com’s venture fund hires former tech journalist Jon Russell
Crypto.com Capital has named former TechCrunch journalist Jon Russell as its newest partner.
Web2 to Web3 – Will we Even Know it has Happened?
Web2 to Web3: Cutting through the hype and looking at how both mindsets co-exist, allowing commerce at a scale not previously imagined.
