NEAR Foundation Cuts 40% of Workforce Amid Progress Soars
The NEAR Foundation, an organization that provides support to maintainers of ecosystems and protocols, recently declared a significant reduction in its workforce. The NEAR Foundation, a highly esteemed organization that supports ecosystems and protocol maintainers on a global scale, recently made a remarkable reduction in workforce. This development has sparked considerable speculation throughout the web3 […]
Web3 Infrastructure: The Backbone of Decentralized Applications
In this article, we will explore the importance of Web3 infrastructure and how it facilitates the functioning of dApps. The emergence of a decentralized internet disrupted traditional centralized systems in the current digital era, opening up new avenues and empowering people everywhere. The foundation of this revolution is the Web3 infrastructure, which acts as the underlying […]
Google Cloud and MAP Protocol Partner to Spur Blockchain Growth
Google Cloud and MAP Protocol, a Bitcoin layer-2 network, have announced a strategic partnership to foster blockchain innovation and Web3 adoption. The partnership will leverage MAP Protocol’s cross-chain communication and Google Cloud’s infrastructure to create decentralized solutions for businesses and the public. Google Cloud and MAP Protocol, a Bitcoin layer-2 network that enables cross-chain interoperability, […]
GBA Capital Fund Commits Over $10b to Web3 Industry
GBA Capital Fund revealed its intention to spend more than $10 billion in the web3 sector, particularly emphasizing the Metaverse, NFTs, and physical assets. The most recent action taken by GBA Capital Fund coincides with a period of erratic developments in web3 investments. A high of $1.8 billion in the year ending June 2022 was […]
Binance Launches New Web3 AI Gaming Platform
Cryptocurrency exchange Binance has introduced Sleepless AI as the 42nd project on its Launchpool. Sleepless interactive gaming experience is provided by Sleepless AI, a web3 and AI-integrated game platform. Users can interact with AI-based elements in a gaming environment through the platform. Users will be able to stake BNB, FDUSD, and TUSD to earn AI […]