Web3 sports betting platform Shuffle has announced the completion of a new round of funding of $2.5 million. Angel investors including Karatage, Cypher Capital, Sunforge (Robbie and James Ferguson), ODA Capital, Web3 Wizards, UpsideDAO, Parc Capital, Baboon VC, Andrew Kang of Mechanism Capital, and Tristan Yver of Backpack participated. Last week, Shuffle announced key details of the distribution plan for its ERC-20 token SHFL, with a total supply of 1 billion and an initial supply of 71,126,984.56 SHFL. Token generation and airdrop activities are expected to take place in the first week of March.

Casting far in Web3 social networks.

Leading the transition from EOAs to Smart Accounts Welcome to The Safe Case, a new series where we lay out Safe’s position in the web3 ecosystem, and make the case for the future outlook of Safe Smart Accounts as the bedrock of onchain ownership.

The Japanese Ministry of Economy, Trade and Industry announced that the Japanese Cabinet has approved a proposal to add cryptocurrencies to the list of assets that local investment limited partnership companies can obtain or hold. According to a revised bill released by the ministry last Friday, "the revision of the Industrial Competitiveness Enhancement Act will expand support for strategic investments in small and startup companies." According to local news media Coinpost's report on Saturday, this revision will allow venture capital firms to invest in projects that only issue cryptocurrencies. The ministry stated in a statement that after the Cabinet's approval, the bill has been submitted to the legislative body and will be deliberated. It is reported that Japanese limited partnership companies are usually used to invest in unlisted companies, which has become a common measure for venture capital firms to invest in startups. <br>

Takeaways from a recent conversation hosted by Variant

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

According to analytics firm Santiment, the Internet Computer (ICP) has surpassed all other cryptocurrency projects in terms of recent development activity, registering 466.9 GitHub commits in the past 30 days. Santiment uses an "advanced methodology" to collect data for "true" GitHub commits only, excluding routine updates. Internet Computer aims to add a serverless cloud functionality to the public internet, and its native asset, ICP, is currently trading at $13.45. Santiment has previously stated that heavy development activity is a positive indication of a project's potential success.

A first approach to sufficient anonimity using ERC20, ERC721, ERC1155 and POAP tokens

Creating safe and engaging consumer experiences in web3 is hard. And it's not just because of 'UX problems'. Developers have to navigate through the motivations of users, the utility users want and their revealed preferences — when data is open and on-chain, yet very noisy.

Web3 game publisher Carry1st announced the completion of a strategic round of financing, with Sony Innovation Fund participating, and the specific amount has not been disclosed. Carry1st stated that the new funds will be used to expand its game business market by leveraging Sony's expertise and resources in gaming and entertainment, and will currently focus on the African market.