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WEB3 News
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WEB3 News
Bridging the gap between traditional finance and crypto: PayPal Ventures backs Magic’s $52M funding for advancing Web3 development
San Francisco-based crypto wallet company, Magic, has successfully secured $52 million in funding, with PayPal Ventures leading the…
Transak picks up $20M for its web3 payments and onboarding platform
A London-based web3 payment and onboarding infrastructure provider, Transak facilitates seamless transitions between traditional finance and crypto assets.…
German startup Blocktorch aiding in scaling of web3 apps, secures $4.2M in funding
Despite the rapid growth of decentralised applications, their developers and users, the tooling around web3 isn’t keeping pace.…
ChatGPT rival founded by ex-Google employees hits unicorn status, raises $150M at $1B valuation
Character.AI is one of a small group of startups — alongside the internet industry’s behemoths — developing technology…
Web3 in Africa: Why now is the right time
Web3 is the only way for the African continent to develop. Here’s why. Let’s start by examining the…
Epic Games-backed Hadean secures additional $5M to supercharge the metaverse with web3
The potential for immersive experiences is enormous. Customers are intrigued about immersive technology, especially the metaverse, and immersive…
Bitget invests $30M in multi-chain wallet BitKeep to extend its services
Seychelles-based cryptocurrency exchange Bitget, which is known in the crypto industry for its trading products, easy on-off ramp…
Blockchain-based gaming studio MYSTiC GAMES scores $1.3M to develop Web3-integrated mobile games
MYSTiC GAMES, a Stockholm-based blockchain gaming development studio, has raised $1.3 million in a Seed funding round led…
Expert speaks: The women that are shaping the world of Web3
The crypto winter has been hard on everyone. With plenty of speculation swirling, alongside crashing valuations, scandals and…
