The Web3 Working Group, a nonprofit dedicated to education around crypto infrastructure, announced today that it’s raised $2 million from blockchain companies Arweave, The Graph, Livepeer, and Akash to fund its official launch.   

Israel-based cybersecurity startup Cyvers raised $8 million in a seed round led by Elron Ventures. Other backers include Crescendo Venture Partners, Differential Ventures and HDI. 

Although the <a href="https://finbold.com/category/cryptocurrency-news/">cryptocurrency market</a> has only just started to recover from the aftermath of the <a href="https://finbold.com/review/ftx-review/">FTX</a> collapse and the ensuing crisis, the underlying <a href="https://finbold.com/category/technology-news/">technology</a> has remained strong, especially where <a href="https://finbold.com/topic/blockchain/">blockchain</a> games are concerned.

Web3 developer platform Fleek closed a $25 million Series A raise led by Polychain Capital.&nbsp;

Tim Draper, founding partner of VC firm Draper Associates, sounded an optimistic tone at a Wednesday conference in Miami despite ongoing turmoil across crypto markets and his prediction of a looming recession.

SCB 10X — the venture unit within Thailand's oldest bank group, Siam Commercial Bank (SCB) group — opened a a 10,000-square-foot web3 collaborative space in Bangkok.

It came to pass that seven affiliated teams within the Polkadot ecosystem convened in order to make the official announcement that they had come together to form the Polkadot Alliance. Overall, this is an on-chain collective, a factor that will be crucial in the formulation and implementation of a certain set of norms that the concerned community must adhere to.&nbsp;

Web3 gaming and software giant Animoca Brands is set to debut a fund of up to $2 billion to invest in metaverse companies.

DCENTRAL has earned a reputation for hosting can’t-miss, community-focused Web3 industry conferences like DECENTRAL Miami and DCENTRAL Austin. Building on the huge success of these events, now DCENTRAL is expanding its reach across the globe. In 2023, DCENTRAL will bring its renowned conference to Asia, kicking things off with the first-ever DCENTRAL Vietnam, coming to Ho Chi Minh City on May 11 to 12 2023.

One of Europe’s most exciting blockchain conferences — the World Crypto Conference 2023 — will be held from Jan. 13 to 15 in Switzerland, the global center of traditional finance and one of the world’s most crypto-friendly countries.