Tag: WEB3

MoonPay, a leading provider of cryptocurrency payment infrastructure, has unveiled MoonPay Labs, an accelerator program aimed at supporting early-stage Web3 startups. The initiative will provide pre-seed and seed-stage technical teams with capital, product support, and growth strategies. MoonPay Labs will operate on an evergreen model, selecting up to five startups ...

Ominimo, a Polish insurtech startup, has received its first external investment from Zurich Insurance Group, valuing the company at $220 million. This investment marks a significant milestone for the company, which has been self-funded for a year. It highlights the company's innovative risk assessment approach and growth potential in the ...

WeBank Technology Services has unveiled a new blockchain-based infrastructure to enhance Hong Kong's Web3 ecosystem, announced at the Hong Kong Web3 Festival 2025. This "value exchange infrastructure," introduced by Henry Ma, aims to facilitate secure and compliant value exchanges between institutions, aligning with Hong Kong's goal of becoming a global ...

Financial Secretary Paul Chan reaffirmed Hong Kong’s ambition to become a global hub for blockchain and digital assets during the Hong Kong Web3 Festival. He underscored the need for a balanced regulatory approach to bridge traditional finance with the emerging digital economy. Speaking to a packed audience of industry leaders, ...

The first quarter of 2025 proved challenging for the Web3 space, with DeFi experiencing a sharp decline while AI and social dApps gained traction. According to DappRadar's Q1 2025 report, the total value locked in DeFi dropped by 27%, reaching $156 billion. This decline can be attributed to several prominent ...

Soneium has partnered with LINE to integrate four successful mini-apps on-chain in the coming months, marking a major step toward expanding web3 adoption.  The collaboration aims to provide smoother, more scalable, and accessible blockchain interactions. In addition, the partnership will offer comprehensive support to LINE MINI App builders, including community ...

NFT trading has sharply declined since December 2024, while AI-powered dApps have emerged as the fastest-growing sector in Web3. According to DappRadar’s Industry Report, NFT trading volume has declined by 63% over the past two months, dropping from $1.36 billion in December to $997 million in January and further down ...

Web3 intellectual property protocol Story has announced its mainnet launch on February 13, alongside its native token, IP, which aims to help creators monetize and protect their digital content. In a February 11 X post, Story announced the upcoming launch of an IP token designed for transactions, governance voting, and ...

BlackDuckRWA has launched its BD token on the Solana network, aiming to bridge traditional finance with Web3 according to the press release. The token debuted on January 24, attracting 2,000 wallet holders within five minutes and reaching a £3 million market cap in days.  The company, founded in 2019, integrates ...

Gulf-based private equity firm Sigma Capital has launched a $100 million fund called “Sigma Capital Fund I” to invest in web3 technologies. The fund will focus on DeFi, blockchain infrastructure, real-world asset tokenization, gaming, and the metaverse. The firm, recognized for supporting early-stage startups, plans to invest in 100 emerging ...