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Fountain announced today that it has raised $3.5 million in a seed funding round. Its mission is to build a new Web3 operating system to drive the next wave of institutional adoption by providing tools to securely manage crypto assets and automate DeFi workflows. Fountain is currently in private beta
DappRadar warned that the surge in dUAW may be unsustainable, attributing part of the growth to "airdrop farming" activities.
Web3 has been a buzzword within tech circles over the past three years. This latest iteration of the internet became popular following the debut of decentralized finance (DeFi) and non-fungible tokens (NFTs) in 2021, along with more nascent digital asset niches such as real-world asset (RWA) tokenization. But despite being
PolkaPort East has been granted a grant from Web3 Foundation, the organization fostering the expansion of the Polkadot ecosystem. The Decentralized Futures (DF) grant aims to drive technical, community, and wider ecosystem adoption while assisting in the further decentralization of Polkadot. Leading Polkadot’s growth strategies and investor relations, with a focus
Watford, a football club, has teamed up with Republic, an investment platform, to offer mom-and-pop investors about 10% of the club’s equity. Aiming to generate £17.5 million, the Hertfordshire club, who recently competed in the Championship in 2020, values it at £175 million total. The European fan program will soon be available on Seedrs,
Bitget Wallet has announced a joint investment withcrypto investment firm Foresight X in Tomarket, a decentralized tradingplatform. This venture targets emerging asset classes and aims to expand thewallet's services beyond traditional decentralized exchanges (DEXs).
Bitget Wallet Eyes New Horizons
According to the press release, Tomarket, developed by experts from Binance andMicrosoft, seeks to address markets that traditional DEXs have yet to explore.The platform allows trading of Real World Assets, crypto asset yield swaps,crypto points, and pre-TGE assets, enhancing liquidity and value discovery inthese sectors.
Scheduled for a July launch, Tomarket will initiallybe available as a Telegram mini-app, providing an entry point for earlyadopters. This innovation is set against the backdrop of significant growth inthe crypto industry in 2024, driven by the Bitcoin halving and SEC approval ofthe Bitcoin ETF.
Alvin Kan, the COO of Bitget Wallet, mentioned:"Trading has always been at the heart of the crypto industry. Beyondtraditional token assets, new asset types such as RWAs and points deservesignificant attention."
"Through our investment and product collaborationwith Tomarket, we aim to explore and develop markets beyond traditional DEXs,driving the growth of new crypto asset trading, thus cementing our dedicationto catering to new user needs as they present themselves."
This period has seen the rise of new asset classes,such as crypto project points trading and pre-TGE tokens, which face challengeslike poor liquidity and high transaction trust costs. Tomarket aims to providea comprehensive, one-stop platform to meet the trading needs of these newassets.
Navigating Web 3 Space
Earlier this year, Bitget Wallet introduced the BitgetOnchain Layer, an intermediary designed to help users navigate the Web3ecosystem. As the first ecosystem partner, Tomarket will reportedly integratedeeply into Bitget Wallet, expanding use cases for the wallet's native token,BWB.
Bitget Wallet offers a range of features, including asset management, swap trading, and NFT services. It supports over 100 majorblockchains and 250,000 cryptocurrencies.
Bitget's trading volumes have been steadily increasing recently. The company posted a 100% increase in spot and futurestrading volumes compared to previous quarters, along with a significant jump inthe price of the platform's native token, BGB.
Bitget's futures trading volume reached nearly $1.4trillion, an expansion of 146% from the previous quarter. The exchangeexperienced the highest increase in derivatives market share, with a growth of2.4% for March. The spot trading volume also experienced a substantial upswingof 113%, surpassing $60 billion in Q1 2024.
This article was written by Jared Kirui at www.financemagnates.com.
Web3 is the next big thing in the history of the internet. It stresses both freedom and user control over…
The post The Role of Pluggable Architecture In Web3s Future first appeared on The Crypto Basic.
Important Notice for BuyUcoin Users At BuyUcoin, the safety and security of our users are our top priority. Recently, we have discovered a concerning trend where malicious actors have created multiple duplicate domains mimicking our official website. These fraudulent websites are scamming users by posing as the legitimate BuyUcoin crypto exchange, luring them into depositing […]
The fusion of AI and blockchain is a watershed matter in upsetting the digital assets arena. AI-assisted cryptocurrencies are gathering forces as investors look for avant-garde projects that mix a decentralized technology with intelligent automation. These tokens provide unique value propositions such as enabling smart contracts, prediction analytics, autonomous trading,
Join us at Webs Week 2025 in Dubai and contribute to shaping the next chapter of the financial technology revolution. Use the code to get 20% off Web2025.
The Wiki Finance Expo Hong Kong 2024, a major FinTech and Web3.0 event in Asia, will feature over 500 partners and 300+ companies. Key speakers include DFINITY Foundation founder Dominic Williams, and the event promises valuable networking and learning opportunities for the industry. (Read More)
Q1 2024 has seen a remarkable thrive within the Web3 ecosystem with 7M daily Unique Active Wallets, up 77%.
Bringing web3 and decentralization to the masses, Exa Protocol, introduced its visionary approach to change the Web3 landscape with the inaugural edition of ExaConf 2024. Building upon the core principles of pseudonymity, security, and decentralization, Exa Protocol aims to empower users and redefine the future of Web3. The vision of
TOKEN2049 gears up for its second edition in Dubai to turn the emirate into a live Web3 hub. Dubai has become the gathering point for the international Web3 industry thanks to the regions clear, forward-leaning rules that give startups confidence without stifling experimentation. The upcoming TOKEN2049 Dubai and a cluster
As TOKEN2049 commenced in Dubai on April 18th, the digital landscape witnessed another significant event in the realm of Web3 technology. AIRDROP2049 was officially launched at 20:49 Standard Time (GMT+1) on the same day, signaling the start of an immersive online journey for users worldwide. AIRDROP2049, an initiative spearheaded by
Animoca Brands is reported to have $291 million in cash and stablecoins, according to the unaudited report.
Consciousness, a leading voice at the convergence of blockchain and mental wellness, is the official Afterparty sponsor for Unchained Summit Dubai 2025.
The post Consciousness exceeds $100M market cap, joins Unchained Summit as Afterparty Sponsor appeared first on Crypto Breaking News.
Permissionless Capital designed the event in the manner of a game show with audience participation, where judges and community consensus determine winners.
Bella accused BoGX's founder of manipulating Web3 investments, abandoning the project, and leaving the team without payments or support.
In a virtual press conference, Meta's Executive champions Metaverse as the future, despite Meta’s pivot to AI.
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