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Animoca Brands Halves Fundraising Target for the 2023 Web3 and Metaverse Fund to $1 billion

Animoca, one of the most prominent investors in Web3, keeps pushing the sector and plans to launch a new Web3 and Metaverse fund valued at $1 billion, halving their previous expectations.
Animoca Brands Halves Fundraising Target for the 2023 Web3 and Metaverse Fund to $1 billion

Hong Kong Lawmaker Wants To Turn CBDC Into Stablecoin Featuring DeFi

Hong Kong authorities are looking for new designs for a central bank digital currency (CBDC), now proposing to issue a CBDC in the form of a stablecoin backed by the government.

Alaska Gold Rush Announces GameSwift as a Strategic Partner

One Web3 game that’s well-established within relevant gaming communities with a lot of various collaborations is Alaska Gold Rush. Now, the team has announced a new strategic partnership with GameSwift.

Reddit NFTs: An Insight into the Journey from Web2-to-Web3

One of the biggest issues that web3 has faced thus far is onboarding people from Web2 to Web3. The recent release of NFTs from Reddit has done an excellent job of this. Let's take a look at the success of Reddit Collectible Avatar NFTs and how they managed to successfully integrate people from Web2 to Web3.
Reddit NFTs: An Insight into the Journey from Web2-to-Web3

Virtualness Inks an Exclusive Multi-Year Web3 Deal to PBA’s Digital Collectibles

Virtualness has just signed an excellent deal with the Philippine Basketball Association (PBA). This happens to be a multi-year Web3 deal. Besides other factors, the prime aim and intention of this collaboration is for all Filipino basketball fans to be able to engage in a far better and different way with the PBA. 

Animoca Halves Fundraising Target for web3 Fund to $1 Billion: Bloomberg

Animoca Brands has cut in half the amount it hopes to corral for a new web3 and metaverse investment fund.

Web3 Sports Tech Startup Play Today Launches With $1.2m Investment from Clive Mayhew

Tech entrepreneur, investor, and chair of Fishburners Clive Mayhew has invested $1.2 million to launch Play Today, the web3 golf company, to enable the 70 million golf players globally to score, experience, and connect online through their favourite game. Play Today has developed a consumer digital wallet integrated into a golf scoring app, a golf NFT Marketplace and a golf MetaVerse, which is the world's first use of web3 technology connecting the physical game of golf with digital wallets and an immersive online community experience. (Yahoo Finance)

Web3 Builders Lose Dozens of High-Value NFTs in Back-to-Back Attacks

Two prominent Web3 builders lost dozens of high-value non-fungible tokens (NFTs) to scammers over the past few days after their crypto wallets were compromised.

Twig Acquires French Challenger Bank for Teens Vybe

Sustainability-focused and self-described “bank of things” Twig is acquiring Vybe, a French neobank for young people.

Samsung Announces Partnership With Polygon Streaming App, SAVAGE

SAVAGE, the streaming app by Polygon, recently announced a partnership with Samsung. The platform released an official tweet to inform users about the collaboration.