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Alibaba Cloud Opens Blockchain Lab for Web3 Game Developers in Japan

Alibaba Cloud, the digital technology and intelligence center of Alibaba Group, is set to launch a blockchain laboratory in Shibuya, Japan in April. The lab will serve as an incubation center for game developers to learn about the latest blockchain technology and identify commercial prospects presented by the Web3 era. The lab is a collaborative effort between Tokyu Real Estate and Skeleton Crew Studio, and for now, it will be accessible to select customers and hackathon participants engaged in joint projects with Alibaba Cloud. Engineers from partner firms specialized in Alibaba Cloud and blockchain will be present to provide onsite technical assistance.

Binance Launches New Regional Hub in Georgia

Binance announces the opening of Binance’s brand-new blockchain hub in Georgia.
Binance Launches New Regional Hub in Georgia

European DeFi Startups Saw 120% Increase in VC Investment in 2022: Data

According to a new study released by European investment firmRockawayX, VC investment in crypto startups based in Europe reached its all-time high in 2022 with $5.7 billion invested

U.S. Loses Web3 Lead Amidst Regulatory Pushback

As per an analysis by Developer Report, the U.S. ceded a considerable chunk of the blockchain development. Developer share in the U.S. fell from 40% in 2017 to 29% in 2022, corresponding to about 2% drop every year.

Animoca Denies Reports of $200M Cut to Metaverse Fund and Valuation Drop to $2B

Venture capital firm and Web3 game developer Animoca Brands has refuted claims that it scaled back its Metaverse fund target by $200 million, or 20% to $800 million amid volatility in the crypto market and instability in the banking sector.

Blockchain Game Startups for Web3 Games Collective

Four blockchain game startups have formed the Web3 Games Collective to leverage their expertise in creating a wave of breakout blockchain games.

Web3 in the Hospitality Industry: Where Are We?

The hospitality industry has always been a highly competitive space where businesses strive to differentiate themselves from one another.
Web3 in the Hospitality Industry: Where Are We?

ABCDE: Why We Led Invest in Particle Network?

Particle Network is a middleware platform for Web3 developers that aims to enhance their development efficiency and accelerate the mass adoption of Web3.
ABCDE: Why We Led Invest in Particle Network?

Middleware Platform Particle Network Raises $7 Million

Particle Network has raised $7 million to build a middleware platform to support web3 developers.

Crypto Evening Briefing: Nasdaq Eyes Crypto Custody Launch by End of Second Quarter

Nasdaq Inc. expects its custody services for digital assets to launch by the end of the second quarter as it joins a growing pool of traditional financial firms that could fill the role of crypto middlemen following a spate of bankruptcies in the industry.
Crypto Evening Briefing: Nasdaq Eyes Crypto Custody Launch by End of Second Quarter