Moonbeam Recently Adopts Messaging Protocol LayerZero
Cross-chain messaging is becoming a more popular way to build Web3 interoperability. Polkadot parachain Polkadot said Monday that Moonbeam has added the cross-chain messaging protocol LayerZero to help Web3 work together.Etherscan says that Moonbeam, a layer 1 blockchain protocol that has done 9.6 million transactions in its lifetime, is already using XCM, the internal messaging […]
Influence Of Web3 On Business And Blockchain Adoption
Blockchain and Web3 both have the potential to redefine financial institutions, enhance security, and reshape the labor market. However, it also contributes significantly to accelerating business expansion. How web3 will impact business and blockchain adoption may be difficult to discern, given that cryptocurrencies, blockchain, and Nfts, as well as the technological improvements driving these topics, […]
Web3 Web Service Set To Lose Its Domain Address
GoDaddy says that Web3 Web Service ran out of time on July 26 and will be up for grabs on September 5. When members of the ENS DAO community go to the Web3 Web Service website, they will see a blank page with a green banner at the top saying that the domain has expired. […]
Sandeep Nailwal, founder of Polygon, raises $50M for Web3 fund
The most recent venture capital firm to place a strong emphasis on Web3, gaming, and NFTs is Symbolic Capital. Sandeep Nailwal, the creator of Polygon and a cryptocurrency entrepreneur, has received $50 million for a new startup fund aimed at Web3 companies, demonstrating venture capital’s rising interest in the internet powered by blockchain. According to […]
CoinFund Launches $300M Web3 Fund
CoinFund, an investment firm that only works with cryptocurrencies, started a $300 million venture capital fund to support blockchain projects in their early stages. This shows that investors are confident in an industry where a bear market has hit. In an interview with CoinDesk, David Pakman, CoinFund’s managing partner and head of venture investing, said […]