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Slerf Shows the Crypto Crowd’s Standards Are Lower Than Ever

While multi-billion dollar disasters like FTX would lead a reasonable person to believe that the cryptocurrency industry is dead or dying, the unfortunate truth is that it’s doing just fine. Not only has Bitcoin’s market price been on a familiar rollercoaster ride lately, but droves of crypto believers have, in recent weeks, proven themselves willing invest in some of the most ridiculous projects ever.Why Do People Buy into Crypto? | Gizmodo InterviewCase in point: the Slerf token. Slerf is a sloth-themed memecoin that…

It took Starbucks a little too long to realize coffee NFTs aren’t it

Starbucks is pulling the plug on Odyssey, its Web3 rewards program that gave members access to collectible NFTs. The company updated its FAQ on Friday to let members know that the beta program is closing on March 31, and they have a little over a week left to complete any remaining activities (called journeys). Those will shut down March 25. Users won’t lose their Stamps (Starbucks’ NFTs), which are hosted on Nifty Gateway, but they’ll have to sign up for Nifty using their Starbucks Rewards email to access them there, if…

Team Behind Top Lending Protocol Launches Suilend on Sui

Grand Cayman, Cayman Islands, March 11th, 2024, ChainwireThe Suilend lending protocol is Solend’s first venture outside of the Solana ecosystem underscoring confidence in Sui’s technologySuilend, Solend’s first expansion outside the Solana ecosystem, officially launched today on the Sui Network. Solend, which boasts over $200 million in total value locked (TVL) across 170,000+ users with support for 70+ assets, now brings its unparalleled DeFi expertise and experience building industry-leading lending…

Revolutionizing Memory Care: Sensay Unveils AI-Powered Digital Replicas for Dementia Support and Beyond

London, UK, March 11th, 2024, ChainwireSensay, a pioneering technology company at the intersection of AI and blockchain, today announced the imminent launch of its innovative platform designed to create autonomous lifelike AI Digital Replicas on-chain, marking a significant leap towards digital immortality. Leveraging cutting-edge technology, Sensay offers limitless potential in the digital age, empowering users to retain ownership and monetize their digital twins.A Bold Step for Dementia Patients and…

Stablecoin Studio on Sui, S3, to Give Sui Developers Compliant Payment Processing Stablecoin Applications

Grand Cayman, Cayman Islands, March 8th, 2024, ChainwirePowered by Pravica, S3 will provide builders on the Sui blockchain with the opportunity to seamlessly launch native stablecoins without the complexities of smart contract development and currency managementS3.MONEY (S3), a stablecoin studio developed on top of the Sui blockchain, was officially announced today by Cairo-based blockchain startup Pravica in collaboration with Sui. S3, which stands for “Stablecoin Studio on Sui,” is set to revolutionize the…

Firewall raises $3.7M to take smart contracts mainstream with programmable finality

San Francisco, USA / California, March 7th, 2024, ChainwireFirewall secures funding from North Island Ventures, Breyer Capital, and Hack VC to bulletproof smart contract networks.Firewall, a blockchain infrastructure startup, announced its $3.7M pre-seed round, co-led by North Island Ventures, Breyer Capital, and Hack VC. Firewall transforms the usability of smart contract technology through an innovative finality consensus mechanism that eliminates smart contract exploits.The founders of Firewall, previously…

NFT fantasy sport startup Sorare lays off 13%, as web3 gaming sputters

Sorare is not completely shuttering its New York office but is shifting more employees to Paris Web3-enabled fantasy sports platform Sorare laid off 22 employees based in its New York office in February. The move comes as the startup wants certain teams to be concentrated at the company’s Paris headquarters to improve communication and efficiency, a source familiar with the matter told TechCrunch. “As we plan for our next stage of growth, Sorare has made the decision to centralize…

Sui Chosen as a Foundational Partner for Groundbreaking Web3 Data Service as ZettaBlock Launches Open Beta

Grand Cayman, Cayman Islands, March 5th, 2024, ChainwireSui is one of twelve networks that will be integrated at ZettaBlock’s Open Beta launch, giving builders seamless access to a powerful new source of Web3 data platformSui, the lightning fast, infinitely horizontally scalable layer 1 blockchain that has quickly become a leading destination for DeFi activity, has been announced by data platform ZettaBlock as one of the protocols chosen to be a foundational integration partner at the launch of its…

Taiko raises $37M to build web3 infrastructure for a censorship-free internet

Amid the speculation and volatility in the casino-like crypto land, there remains a subset of individuals who espouse blockchain’s potential to decentralize various aspects of human activities for the greater good. Taiko‘s founder Daniel Wang is one of these idealistic founders. A serial entrepreneur, Wang initially wanted to bring decentralization to social platforms. Decentralized networks like blockchains, he believes, help resist censorship through distributed data storage and community-based content moderation.…

Memeinator Smashes Past the $5m Mark

London, United Kingdom, February 29th, 2024, ChainwireMemeinator is currently sitting at over $5.2 million in presale buys. Sustained presale action follows the continued rollout of roadmap promises. Earlier this month, Memeinator announced a partnership with award-winning game studio Red Apple Tech for the development of the Meme Warfare game.Head of Product, Marco Tonetti, said: “The fantastic performance in the presale means the market knows what we’re about: we care about delivering a fun project with…