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The United States House of Representatives Energy and Commerce Committee’s Subcommittee on Innovation, Data and Commerce gathered to discuss blockchain technology and the future of Web3 on June 7. Crypto industry members, including Polygon Labs president Ryan Wyatt and several legal experts, appeared before the committee to engage in a much
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Cumberland Labs, the incubator arm of Chicago-based crypto trading company Cumberland has launched the beta version of a new API tool that could simplify the arduous task of connecting to blockchain and decentralized finance protocols.Cumberland Labs told Cointelegraph that the Cumberland, the trading unit of DRW Holdings LCC used to
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This multi-year partnership between the two players aims to provide immersive digital experiences and enhance fan engagement, showcasing the potential of Web3 technology in connecting people. In a recent development, Red Bull Formula One Racing team announced its multi-year partnership with Mysten Labs’ Sui Network. This comes less than a
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The Sui Network, backed by Mysten Labs, has announced a multi-year partnership with the Red Bull Formula One Racing Team less than a month after the blockchain’s mainnet went live.In a June 1 announcement, Sui Network said it would be the official blockchain partner of the racing team, scheduled to
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The parent company behind Web3 game STEPN is releasing GNT V3, which will allow users to turn their selfies into digital artworks on the Solana blockchain. Source
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The Qwan tokens have a total supply of 1 billion with about 455 million, representing 45.5 percent, being allocated to the ecosystem’s treasury. The Qwan, a Web3 crypto token geared towards revolutionizing the gaming industry by involving users, has announced plans to launch on the Ethereum ecosystem on May 31.
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Blockchain startup accelerator Cronos Labs has announced the launch of its second cohort for the Cronos Accelerator Program. The program, backed by a substantial $100 million investment, aims to support early-stage crypto projects by providing mentorship and funding opportunities. According to an announcement sent to Cointelegraph, Cronos Labs handpicked eight projects
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Michael Lee, who was most recently the vice president of community at Activision Blizzard, has been promoted to senior vice president of growth at Matter Labs. Incorporating gaming into the zkSync platform will be Lee’s key
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“In a world where there are billions of tokens, there are dozens of different blockchain networks and there are hundreds of different decentralized exchanges scattered across them, figuring out where to go, in order to buy or sell a token and get the best price gets more and more complicated,”
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"As blockchain has matured, it’s become clear that one size does not fit all," he said. "Because AvaCloud-powered blockchains are able to customize validator requirements like KYC and privacy, industries with strict regulations can benefit from blockchain tech. This opens the door for TradFi adoption, HIPAA compliance, government programs and
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