web3

Dubai, UAE, February 26th, 2024, ChainwireThe Layer-1 Received the Top Honor at the Eurasia Awards While Experiencing a Period of Unprecedented Growth and RecognitionSui, the layer 1 blockchain that has experienced explosive growth since its mainnet launch in 2023, has emerged as the winner at the Eurasia Awards held during the second edition of AIBC Eurasia in Dubai. The gala event, renowned for its world-class attendance and previous winners such as Animoca Brands and Crypto.com, witnessed the Sui Foundation…

On Wednesday, Yuga Labs CEO Daniel Alegre was pushed out as CEO. Cofounder Greg Solano, commonly referred to by the moniker Gargamel (or Garga) took back control of the company known for stewarding NFT collections including the Bored Ape Yacht Club and CryptoPunks.The decision comes in the wake of mounting concerns from so-called Ape Holders over the state of the business, the company’s acquisition of another NFT purveyor, Proof Collective, and a changing company culture. Yuga Labs has not yet responded to Fast Company’s…

NFTs don’t always get taken very seriously, particularly now that AI and content creators are hogging the spotlight, but not everyone is so quick to discount crypto’s oft-derided younger sibling. According to Animoca Brands’ chairman and co-founder, Yat Siu, the growing influence of artificial intelligence and content is exactly why there is a growing need for NFTs in the world. Yes, we know that’s a bold claim, but before you roll your eyes, hear him out: Animoca has its own NFT collections, blockchain products and…

New York City, New York, February 16th, 2024, ChainwireIntroducing Kadena SpireKey, a human-friendly and secure way to seamlessly interact with any application by removing complex signing processes.Kadena Spirekey“Unlike complex Web3 wallets today where you have to remember every wallet you’ve ever created, Kadena’s SpireKey uses WebAuthn, a technology that has been developed by Google and Apple over the last 20 years, to help anyone securely digital assets directly on your phone or computer. It’s as easy as…

The global venture capital market is enduring a long period of limited exits. Startups are staying private longer, M&A is quiet in part due to sharpened regulatory oversight, and the IPO market remains frozen. This means many historical venture deals are slowly rotting on the vine, in IRR terms. The crypto market is no different, but some investors in the space are unfazed. New data from PitchBook’s Q4 2023 Crypto Report makes it clear that if the larger startup market is suffering from an exit drought, crypto…

It’s fair to say the NFT space has lost a lot of its sparkle over the past few years, but that hasn’t stopped some founders, investors and projects from trucking along in hopes of another surge. Devin Finzer, the CEO behind OpenSea, one of the first NFT marketplaces to gain serious traction and market share, is still betting big on the sector. On January 1, 2022, NFT global sales volume peaked at $23.73 billion. Two years later, by the first day of 2024, they had fallen 94% to a mere $1.4…

Welcome to TechCrunch Crypto, formerly known as Chain Reaction. To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. Hello and welcome back to the fourth edition of the new and improved TechCrunch Crypto newsletter. You probably know the deal already, but alongside our regularly scheduled news bits, I’ve added some recurring segments and features — so if you like what you see (or don’t), let me know at…

Grand Cayman, Cayman Islands, February 7th, 2024, Chainwire Ondo’s Sui upcoming integration will bring native access to new tokenized assets such as treasuries, securities, and stablecoins on chain Sui, the Layer 1 blockchain which has experienced explosive growth since its inception eight months ago, today announced that Ondo Finance is expanding into the Sui ecosystem. The expansion will bring Sui Network’s first native dollar-denominated token (including stablecoins and interest-bearing stablecoin…

Discover the ultimate Crypto wallet for DeFi, Web3, and NFTs: A comprehensive guide In the ever-evolving landscape of cryptocurrencies, decentralized finance (DeFi), Web3, and non-fungible tokens (NFTs) have emerged as transformative forces reshaping the digital economy. With the rise of these new paradigms, the importance of choosing the right crypto wallet becomes paramount, as it serves as the gateway to accessing and managing these innovative assets securely. Security First: The cornerstone of any crypto…

Singapore, Singapore, February 6th, 2024, ChainwireLista DAO, a key player in Decentralized Finance (DeFi) with a specialization in Collateralized Debt Position (CDP) and Liquid Staking, is set to captivate the cryptocurrency community through the unveiling of its Cosmic Adventure Challenge (CAC) and the introduction of lisBNB.The CAC promises an immersive and rewarding experience, providing participants with the opportunity to earn stardust and secure a share of the highly anticipated LISTA airdrop.…