Blockchain Startup Cymbal Raises $18.5M to Expand Development of Human-Readable Blockchain Explorer
Menlo Park-based blockchain startup Cymbal has secured $18.5m in funding from investors including GV, Coinbase Ventures and First Round Capital. The funds will be used to expand the company's operations and development efforts. Cymbal is developing a blockchain explorer that allows users to view and search for events and activities stored on-chain, including transactions, social media accounts and holdings. The platform currently offers information on wallet portfolios, NFT purchases and collection sales, with plans to add further blockchain data in future.
Manta Network developer raises $25m for Asia expansion
According to yahoo Finance, P0x Labs has raised US$25 million in a Series A funding round for its zero-knowledge blockchain, Manta Network. The funds will reportedly be used for expanding the platform in Asia and increasing its user base. The funding round was led by Polychain Capital and Qiming Venture, boosting P0x Labs’s valuation to US$500 million.
Seven Bank Launches Soul-bound NFTs on Astar to Reward Charitable Donations
Seven Bank, a Japanese financial institution, has launched a new initiative to promote environmental causes through the use of soul-bound NFTs. From July 18 to October 16, donors who contribute to the bank's memorial fund for environmental causes via its ATM network can receive a free digital artwork.
Theta Labs Partners With 90s Game Company Pogs for web3 Ambitions
Blockchain company Theta Labs has announced a partnership with Pogs, the popular 1990s milk cap game company, as it seeks to expand its web3 ambitions. Pogs, now rebranded as Pog Digital, aims to offer a modern version of its product that integrates digital and physical experiences for the 165 million millennials and Gen Zers who collected the original game.
Shanghai : Accelerating the Application of Blockchain Technology on Productive Internet Service Platforms
According to Jin10, the General Office of Shanghai Municipal People's Government issued Several Opinions on Promoting the High-Quality Development of the City's Productive Internet Service Platform. It mentions, among other things, accelerating the application of blockchain technology for productive Internet service platforms, improving the level of business authenticity and supervision, and perfecting the ecosystem. Enrich the pilot application scenarios of digital RMB, and improve the efficiency of fund management. Actively cultivate enterprises that provide "big model" technical support services for productive Internet service platforms in vertical segments.
W3A and SmartMesh: The Excellent Combination of AI and Blockchain, Opening a Brand New Internet World
With the rapid advancement of technology, artificial intelligence (AI) and blockchain, as two disruptive technologies, are deeply merging. W3A (World Wide Web Algorand) and SmartMesh, two projects built on this innovative thinking, are using the advantages of these two technologies to create a decentralized and user-friendly new generation internet.
IOST: Exploring the endless possibilities of blockchain
IOST, short for Internet of Services Token, is a blockchain-based decentralized network that aims to provide an enterprise-level solution for online service providers.
Investing in Web3 Gaming: Lightspeed and Faction's Thesis Unpacked
The latest episode of The Scoop features Lightspeed's Head of Gaming Moritz Baier-Lentz and Faction's Managing Partner Samuel Harrison discussing their investment thesis for the Web3 gaming industry. Despite not yet being mainstream, the pair believe that a combination of technology advancements and experienced game developers embracing blockchain will lead to breakout Web3 games in the near future.
How does the blockchain-based "Black Cat Detective AITOM" assist victims in investigating, tracking, and recovering encrypted assets ?
In the bear market background of 2023, the MEME track is hot against the trend, and various projects are emerging like mushrooms. In this context, AITOM , as an innovative AI application project, has attracted attention. It is the first vertical landing AI application product based on the ARB network in the MEME track, and it is the first blockchain AI traceability, query, and tracking system. AITOM references the IP image of "TOM the cat" to protect users' digital assets and become a reliable AI detective and assistant for users.
The Philippines has Potential to Become the Blockchain Capital of Asia, Says Founder of Blockchain Council of the Philippines
Dr. Donald Lim, founder of the Blockchain Council of the Philippines, believes that the country has the potential to become the blockchain capital of Asia due to its young population, technical know-how, and government's open stance on crypto and blockchain. Lim cited the success of the play-to-earn game Axie Infinity in the Philippines, which introduced web3 concepts and crypto wallets to the country.
