Binance Labs Invests $4 Million in Ultimate Champions To Support Innovation in Web3 Gaming
Binance Labs made a $4 million strategic investment in Ultimate Champions, a free-to-play fantasy sports platform that will be deployed on the BNB Chain.
Jack’s Bitcoin-Backed Decentralized Web5
Web5 is predicated on the belief that Web3, the concept of creating a decentralized web utilizing blockchain technology and cryptocurrencies, has good intentions but employs the wrong tools.
Nike steps up its Web3 platform with .SWOOSH launch
Nike has quickly pulled up its socks to realize that the new generation of athletes and fans are shifting their focus to the upcoming Web3 technology. Taking note of this point, Nike has announced .SWOOSH, a project that houses several virtual collections of the brand while giving its co-creators a chance to earn royalties by winning challenges.
Fiat-to-Crypto Company Ramp Raises $70 Million to Solve the Crypto Onboarding Problem
Ramp, a company that specializes in providing fiat to crypto and crypto to fiat flows for different Web3 applications, announced it had raised $70 million in its latest funding round on Nov. 9. The funding round, which was co-led by Mubadala Capital and Korelya Capital, with participation from Balderton Capital and Cogito Capital, will allow the company to keep growing even with the current conditions of the market.
Gala Games’ Web3 Project Superior to Launch on Steam Late 2022
The gaming industry is the most popular segment in the entertainment industry with 3.2 billion gamers enjoying video games on their screens. With the emergence of concepts like metaverse and web3, people are taking more interest in the sector.
Japan’s Line Messaging Service Launches Web3 Game Platform Game Dosi
Line Next announced today that it hs created a teaser website for Game Dosi, a Web3-based game platform.
Web3’s Identity Problem: The Need for Decentralized Identity
We are clearly still in the beginning phases of decentralized identification.
How Blockchain Technologies Are Changing The Music Streaming Industry
Switching to Web 3.0 to avoid FOMO in the future.
$1Billion Customer Funds at FTX Disappeared, Binance Abandons Rescue Plan | Cointime Weekly Nov.6 – Nov.11
Farewell to FTX, Twitter registers as payments biz, crypto price action, NTT to invest $4 billion in Web 3.0
LBank Labs Establishes Blockchain and Crypto Investment Fund to Support Web3 in Africa
Blockchain Crypto Investment Group, LBank Labs, announces the establishment of their new crypto investment fund targeted towards web3 development in Africa. LBank Labs plans to establish a series of regional development funds, including regions such as Korea, South East Asia, and more. This is the first of the sequence of new investment funds from LBank Labs.
