Web3 emerged with great features that entice its clear exponential growth. The adoption rate of web3 is growing, and every existing and new startup is looking to build their business on or adopt web3 technologies.
Author: hassan
hassan
Hassan Shittu contributed to Blockchain Journal as a cryptocurrency journalist, covering blockchain technology, digital asset markets, and broader industry developments. His reporting focused on delivering clear, timely coverage of crypto-related news, with attention to market structure, ecosystem trends, and factual accuracy.
The Straits Times has discovered that the Three Arrows Capital (3AC) liquidators are attempting to look into and protect the Singapore assets of the insolvent crypto hedge fund while 3AC’s founders, Mr. Zhu Su and Mr. Kyle Davies, are still missing.
Last week, the price of Quant (QNT) gained traction when it accumulated 25% in just some days. It increased from the $56range to the $76 range. While it acquired this little smooth run during the week, it continued its bullish run-on Saturday when it disengaged from the seven-month-old falling wedge formation. While it gained a lot of doubts during the weekend, it continued its journey to this week and has 70% from last week.
Entertainment giant Walt Disney announced on July 13 that six companies are joining its 2022 Disney Accelerator to scale its Web3 experience.
Struggling crypto lender Celsius Network announced on Wednesday night that it had started the process of filing for Chapter 11 bankruptcy, becoming the latest victim in the crypto space to shut down under the dragging downtrend of crypto prices.
On the verge of filing for bankruptcy due to lack of liquidity, Celsius has managed to pay off its several million dollars of debts. With all sorts of doubt from the public regarding the origin of the fund used to pay off the Debt, Celsius is finally able to pay off its Debt.
On Tuesday, the US Treasury announced it needs the public view on the opportunities and risks posed by adopting digital assets. The US Treasury seeks public opinions on digital assets as it prepares a report for President Joe Biden on the overall implications of technological developments such as Blockchain and cryptocurrencies.
Derivatives and spot crypto trading platform BitMEX has delayed listing its Ethereum-based BMEX token on its BitMEX Spot Exchange because of market conditions, the company said in a statement Tuesday.
GameStop launched its non-fungible-token (NFT) marketplace on Monday to allow gamers, creators, collectors, and other community members to buy, sell and trade NFTs.
Imagine a world without the Internet! The world of the Internet was once an unreal imagination. The world of the Internet is a transitional movement, from web1 to 2 and 3.