Avalanche partners with Pixion Games to help web3 gaming firm
Web3 gaming studio Pixion Games has raised $5.5 million in its seed fundraising round, with backing from Avalanche. Notable investors include the Blizzard Fund of the Avalanche Foundation, Shima Capital, and ReadyPlayerDAO. Pixion Games will use the funds further to develop their highly anticipated project, Fableborne. Fableborne is an action role-playing game that leverages web3 […]
FCA Loses Its Digital Assets Head After Less Than a Year
Binu Paul, the head of digital assets at the UK’s Financial Conduct Authority (FCA), has resigned from his position after less than a year on the job. Paul led the FCA’s regulatory activities on crypto firms and oversaw the registration process for crypto asset businesses. Paul joined the FCA in October last year from New […]
Cardano Foundation Exec Says There’s no Best Blockchain
Mel McCann, vice president of engineering at the Cardano Foundation, believes the debates on the best blockchain should stop as there is no best blockchain, as each has its particular use case. Although many community members enjoy debating the ultimate blockchain, a Cardano Foundation executive believes these debates should cease because use cases dictate which […]
Hong Kong’s Cyberport Sees Web3 Boom with Government Help
Cyberport, a government-backed tech hub in Hong Kong, has seen a surge of over 150 web3 firms joining its ecosystem in the past year. The Finance Secretary has allocated $6.39 million to Cyberport to foster web3 innovation, as Hong Kong aims to be a global leader in the digital economy. Cyberport is a digital hub […]
Lens Protocol raises $15M to build decentralized social networking
Aave’s Lens Protocol, which seeks to decentralize the social media landscape, has successfully secured $15 million in funding. By empowering individuals with control over their data and promoting a fair distribution of authority, Lens Protocol challenges the dominance of corporations like Meta. Plans for investments and development The funding round, led by IDEO CoLab Ventures, […]