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” Elrond rebrands as MultiversX, shifts focus to the metaverse “ The blockchain technology developer Elrond announced it will redefine itself as a new brand with a focus on the metaverse. Formerly known as Elrond, the company will move forward under the new name MultiversX with the introduction of three new metaverse-forward products. xFabric, xPortal…
” Web Summit Lisbon, Nov. 4: Latest updates from Cointelegraph’s ground team “ Welcome back to day three of the Web Summit, one of the world’s leading tech conferences, with over 71,000 attendees on the third day. Stationed in Lisbon, Portugal, Cointelegraph’s ground team is ready to bring the most exclusive insights on Web3, crypto…
” The Sandbox co-founder explains how the metaverse has evolved for brands: Web Summit 2022 “ The building of the metaverse is an ongoing process. Sebastien Borget, co-founder of The Sandbox metaverse, even called the future of the metaverse evolving. Speaking to Cointelegraph’s Gareth Jenkinson at the Web Summit tech conference in Portugal on Nov….
” Decentralized gaming IDs provide another avenue of interoperability in Web3 “ Nonfungible token (NFT) gaming is getting a facelift. A new collaboration between Laguna Games, a Web3 game development and R&D studio, and Lens Protocol allows players to connect across multiple gaming experiences. These new decentralized gaming IDs will allow players to connect their…
” Mastercard adds 7 blockchain startups to its crypto accelerator “ Global payments giant Mastercard continues supporting cryptocurrency and blockchain startups as part of its fintech accelerator, the Mastercard Start Path program. Mastercard has chosen another seven industry startups for its Start Path program in order to promote the adoption of crypto and blockchain technology,…
” Unstoppable Domains launches Web3 alliance and seeks self-regulating boards “ Interoperability in Web3 domains is now a priority for a cross-chain coalition of leading blockchain and Web3 players that has formed the Web3 Domain Alliance, announced on Nov. 2 at the Web Summit in Lisbon. Sandy Carter, senior vice president and channel chief at…
” Web3 sees 15 new scam smart contracts an hour: Solidus Labs “ The Web3 and cryptocurrency space is seeing a significant amount of smart contract scams proliferating, with blockchain risk monitoring firm Solidus Labs saying it has detected on average 15 newly deployed scams every hour. Solidus Labs said on Oct. 27 that it…
” Solana-based protocol seeking to decentralize ride-sharing raises $9M “ The ride-sharing industry is poised for another paradigm shift with Web3 protocols, allowing new companies and drivers to bid for rides using a matching algorithm, according to the Decentralized Engineering Cooperation (DEC) — the company behind the Solana-based protocol TRIP that enables mobility-based applications. According…
” Warren Buffett-backed neobank picks Polygon for Web3 token — MATIC price eyes 100% rally “ The price of Polygon’s MATIC (MATIC) coin could double by the end of 2022 or early 2023 due to a mix of extremely bullish fundamental and technical indicators. Polygon wins high-profile clients MATIC rose by nearly 6.5% four days after…
” VC Roundup: Web3 dev, EVM sharding and crypto banking headline blockchain funding deals “ Web3 dominance within crypto funding rounds has been well documented by Cointelegraph Research. In addition to the Web3 mega funds announced recently, venture capital has also been making smaller, more targeted investments in the sector. In this week’s Venture Capital…