SK Planet Announces UPTN, South Korea’s Long-Awaited Web3 Ecosystem Built on Avalanche
Avalanche announced that SK Planet, one of South Korea's largest information and communications technology platforms, will be launching a dedicated Avalanche Subnet called UPTN.
SK Planet Announces UPTN, South Korea’s Long-Awaited Web3 Ecosystem Built on Avalanche
UPTN will be integrated into SK Planet’s many popular services and apps, such as OKcashbag (OCB).
DWF Labs Invests $16M in RACA to Spur Web3 Gaming Ecosystem
Market maker and investment firm DWF Labs has invested $16 million in Web3 company RACA, a deal that includes purchasing an unspecified amount of RACA tokens. The funding will help RACA continue its goal of becoming an expansive Web3 gaming ecosystem.
NFT Marketplaces for Domains: Exploring Your Options
Non-Fungible Tokens (NFTs) are unique digital assets that use blockchain technology to verify their ownership and authenticity.
IOTA Moves Towards Interoperability With Shimmers With Multichain Partnership
In a blog post today, IOTA announced a partnership with Multichain, formerly known as Anyswap, to facilitate interoperability with Shimmers.
Upwork Who? DeeLance is the Next Big Thing in Freelance Recruitment – Here's Why
DeeLance, a cutting-edge Web3 freelance and recruitment platform, is now offering its native token, $DLANCE, in a presale event.
Crypto Evening Briefing: MicroStrategy Adds Another 1,045 Bitcoin to Its Growing Crypto Treasury
MicroStrategy buys another 1,045 Bitcoin for $29.3 million, taking its total holdings to 140,000 BTC worth over $12.6 billion.
SubQuery Launches Web3 Data Indexing on Ethereum to Challenge the Graph
SubQuery, the Web3 data indexing toolkit, has added support for Ethereum (ETH) in its beta version, offering developers a decentralized option for indexing solutions. The proprietary API abstracts the backend, freeing users from designing their own indexing systems and allowing them to focus on product development and user experience. The decentralized data indexing solution gives developers access to tools to quickly organize and query on-chain data for their protocols and apps, and is already 1.85 times faster than The Graph for common projects like the Ethereum Name Service project. SubQuery is working on making the protocol decentralized and tokenized for the launch of the SubQuery Network, which will be able to index Ethereum projects and those from any other supported Layer-1.
Saison Capital to Accelerate Web3 Investments With New Token Fund
Saison Capital, the venture arm of Credit Saison, has launched a new token fund aimed at investing in the Web3 sector despite the current market downturn. The Singapore-based investor has backed 30 deals in the sector so far, primarily a combination of equity and tokens, and plans to continue supporting Web3 founders with "strong Web2 experience." The average first check for the token fund ranges between $200,000 to $500,000, with "follow-on support" throughout the portfolio company's journey. The investor also aims to give its portfolio firms tokenomics advisory and talent acquisition support to accelerate their go-to-market strategies within Southeast Asia and India.
Binance Suffers 16% Drop in Market Share Amid Banking Crisis and CFTC Lawsuit: Kaiko
Bittrex has closed its U.S. operations, while Coinbase, known for its strong regulatory efforts, received a Wells Notice and saw its market share drop from 60% to 49% in Q1.
