Web3 Marketing Service Platform Twity Suffers a Leak of Administrator Account Information
Web3 marketing service platform Twity @twity_official on Twitter:" Emergency announcement. We regret to inform you that there has been a security breach in our system. Our technical staff's Telegram account has been compromised, and the chat logs contain project information and wallet private keys, leading to the leak of administrator account information. We are currently working on an emergency solution. All user asset and NFT information will be snapshot. We will announce the specific resolution plan after it is formulated. We apologize for any loss this may have caused."
Waterdrip Capital Launched $10 Million Web3 University Startup Fund and Started Related Scholarship Program
Waterdrip Capital is launching a $10 million fund to support Web3 entrepreneurs in universities. Hundreds of student entrepreneurs will be selected, and we will provide them with cash support in the next 1–2 years.
10 Highlights From Messari’s Prodigious ‘Crypto Theses 2023’
Below the most intriguing points I found in each of the 10 awesome chapters of the epic report.
Coinbase and ENS Partner To Provide cb.id Usernames for Free
Coinbase and ENS, short for Ethereum Name Service, have entered into a partnership to provide Web3 usernames to its users for free. These usernames are managed by Coinbase. They can be claimed through the desktop or mobile applications by new and existing users.
2023 Could be a Rocky Year for Crypto Venture Investments: Galaxy Research
The number of deals and amount invested by venture firms into Web3 and crypto startups was a little over $30 billion in 2022, according to Galaxy Research. Head of Firmwide Research, Alex Thorn, described it as a “monster year” that was only just eclipsed by the $31 billion in VC investments in 2021. However, in a Jan. 5 report, Thorn stated that macroeconomic and crypto market conditions led to significant investment drawdowns in Q3 and Q4. This will likely continue into 2023 until macro and crypto market conditions improve. (Cointelegraph)
Why Web3 Needs a Real-Time Data Layer Now More Than Ever
Today’s blockchain implementations are too costly and slow to function as generalized Web3 computing platforms. Successful systems are using real-time, off-chain data to find market fit.
Decentralization, Dapps and the Future of the Web
Unlike apps, dapps offer operate without any human intervention and are not owned by any company, and instead distribute tokens, leading to decentralized ownership among their users.
$3.9B Worth of Crypto Assets Were Stolen In 2022, A 51% Decline From 2021
Immunefi, a bug bounty and security services platform for Web3, assesses the volume of crypto funds lost due to hacks and scams on a quarterly and yearly basis. They recently published “Crypto Losses in 2022,” report in which they found that $3,948,856,037 (or $3.9 billion) worth of crypto were stolen (or lost) across the Web3 ecosystem in
MSafe Raises $5 Million Seed for Developing Multi-Signature Wallet Solutions
MSafe, a trailblazer in developing the first multi-signature wallet solution on the Aptos / Move ecosystem, today announced the completion of a $5 million USD seed round. This financing round was led by Jump Crypto with participation from Circle Ventures, Coinbase Ventures, Superscrypt (founded by Temasek), Redpoint Ventures, SV Angel, Shima Capital, Spartan Group and more.