CyberConnect collaborates with Animoca Brands to enhance Mocaverse’s identity layer using CyberAccount, redefining Web3 social networks and simplifying crypto wallets. Key Points Web3 pioneer social network, CyberConnect, has entered into a memorandum of understanding (MoU) with Animoca Brands, a company known for its advancement of digital property rights in gaming and the open metaverse. The strategic partnership…
The “Digital Entertainment Leadership Forum” highlights the transformative impact of Web3 on global entertainment, with Hong Kong actively embracing these technologies for economic growth and sustainability. Key Points Last Friday, the “Digital Entertainment Leadership Forum” kicked off with the theme “Entertainment Power UP! Web3 New Vision.” The event brought together over 90 speakers from more than 30…
Microsoft Gaming CEO, Phil Spencer, appears unenthusiastic about the metaverse, questioning its concept and expressing preference for traditional gaming. Key Takeaways Microsoft’s $69 billion acquisition of gaming giant Activision Blizzard raised eyebrows among regulators concerned about its potential impact on innovation and choice for gamers. Despite initial hurdles, the deal closed recently, bolstering Microsoft’s gaming…
The native token of Trust Wallet, Trust Wallet Token (TWT), declined 7% in value after Binance launched its own Web3 wallet. Binance had acquired Trust Wallet in 2018. Key Takeaways Trust Wallet Token’s Decline Binance had acquired Trust Wallet in 2018 through a deal involving cash, Binance stock, and a percentage of BNB tokens. BNB’s value has…
Technology is moving really fast, and now there’s something called web3 that shows how many things are changing. Web3 is like a new chapter in the story of the internet, bringing lots of good things for businesses, people who make things on the internet, and regular users. A lot of people are getting curious and…
EIP-4788 will greatly benefit DApp security and reduce risk industry-wide. By removing reliance on external oracles, which accounted for $1B in DeFi hacks in 2022, Dencon fortifies the ecosystem against a major attack vector. This change aligns with the broader trend toward protocol-owned infrastructure for reduced risk. Liquid staking protocols are poised for exponential growth…
