Web3

Institutional tokenization will propel Web3 forward — Jason Dehni

July 25, 2024 Coin Telegraph

The real-world asset tokenization market is projected to reach $2 trillion by 2030 despite a rocky start, according to McKinsey & Company.

Real-world asset (RWA) tokenization is currently one of the best-performing sectors in the digital asset landscape, netting investors a 213% return in the first half of 2024, according to BitEye and Wu Blockchain, and fostering institutional interest in Web3.

Despite the meteoric price performance of RWA, injections of fresh capital from Web2 companies and institutional firms are needed to continue growing the Web3 space, according to Jason Dehni, CEO of decentralized private credit platform Credbull.

The CEO explained that Web3 firms typically focus on accessing liquidity from within the Web3 sector rather than seeking capital from the outside world. “We [have] become very insular,” Dehni said, noting that the announcement of new tokenized products from investment bank Goldman Sachs confirms there is a high degree of institutional interest for tokenized assets.

Low-Cap Altcoin Surges by More Than 27% This Week Amid New Involvement in CBDC Project

Fireblocks launches Web3 startup toolkit amid a surge in new ventures

July 25, 2024 Coin Telegraph

Coin Telegraph

The number of startups using the Web3 platform has already increased by some 50%, according to Fireblocks.

Fireblocks, the Web3 infrastructure platform, launched a suite of tools specifically designed for startups amid a proliferation of early-stage blockchain ventures, according to a July 25 press release.

The toolkit — Fireblocks for Startups — is designed to help startups quickly build and launch Web3 products and includes solutions for treasury management, self-custody, private key storage, and secure digital asset transfers, the company said.

“The short history of crypto shows that successful projects — whether crypto exchanges, DeFi bridges, or NFT platforms — go through periods of hypergrowth during market upswings, with development teams focused solely on maintaining front-end stability while neglecting security in the process,” Idan Ofrat, Co-founder & Chief Product Officer of Fireblocks, said in a statement.

Low-Cap Altcoin Surges by More Than 27% This Week Amid New Involvement in CBDC Project

Latvia’s economic shift: Minister of Economics on crypto law and blockchain innovations

July 25, 2024 Coin Telegraph

Blockchain

Latvia’s Minister of Economics Viktors Valainis shared insights on the country's vision for a tech-driven future and new crypto laws and blockchain initiatives aimed at transforming its economy.

In a northern corner of Europe, nestled between the shores of the Baltic sea and the borderlands of Russia, lies Latvia, a nation of only 1.8 million inhabitants.

While the country may be relatively small, it is beginning to make big moves to cement its position as a leader in digital innovation in Europe.

In June, regulators in the country pushed forward its “Crypto Asset Services Law,” which aims to offer a clear regulatory framework to foster growth and attract investment and supports the country’s ambitious plans to become a hub for blockchain and cryptocurrency enterprises.

Low-Cap Altcoin Surges by More Than 27% This Week Amid New Involvement in CBDC Project

Web3 Infrastructure Platform Caldera Raises $15M in Early-Stage Funding

July 25, 2024 Bitcoin.com

Web3 Infrastructure Platform Caldera Raises M in Early-Stage Funding

bitcoin.com

Web3 infrastructure platform Caldera has successfully raised $15 million in an early-stage funding round, signaling strong investor interest in its mission. The funding was led by Founders Fund, a prominent venture capital firm known for backing innovative technology startups. Additionally, Dragonfly and Sequoia Capital participated in the round, further validating Caldera’s vision. Caldera’s primary focus […]

Low-Cap Altcoin Surges by More Than 27% This Week Amid New Involvement in CBDC Project

Telegram CEO Predicts Blockchain Mass Adoption This Year — Announces Mini App Store, Web3 Browser

July 25, 2024 Bitcoin.com

app stores

Pavel Durov, CEO of Telegram, forecasts 2024 as the year of blockchain mass adoption. He announced new features such as a mini app store, an in-app browser for Web3, and initiatives to combat crypto scams. Telegram’s user base has grown to 950 million monthly active users, with expectations to reach one billion soon. Telegram’s CEO […]

Low-Cap Altcoin Surges by More Than 27% This Week Amid New Involvement in CBDC Project

Lead SHIB Developer Shytoshi Kusama Says Web3-Based Operating System Now Needed After Global IT Outage

July 22, 2024 The Daily Hodl

Altcoins

The lead developer of memecoin Shiba Inu (SHIB) says that web3-based operating systems are now needed after banks and other networks suffered a massive global outage last week. In a new post on the social media platform X, Shytoshi Kusama says that a decentralized web3 operating system could counter events such as the latest outage, […]

The post Lead SHIB Developer Shytoshi Kusama Says Web3-Based Operating System Now Needed After Global IT Outage appeared first on The Daily Hodl.

Low-Cap Altcoin Surges by More Than 27% This Week Amid New Involvement in CBDC Project

Veteran Blockchain Developer: Overregulation Creates Hurdles for Crypto Companies, Diminishing Overall User Experience

July 21, 2024 Bitcoin.com

2024 US Election

While regulations are generally meant to protect consumers, in practice, they create hoops for crypto companies to jump through, thus diminishing the overall user experience, said Ivo Georgiev, co-founder and CEO of Ambire Wallet. Georgiev argues that regulations like the Eurozone’s Markets in Crypto-Assets (MiCA) actually “enable more sketchy companies and scams.” Overregulation Beneficial to […]

Low-Cap Altcoin Surges by More Than 27% This Week Amid New Involvement in CBDC Project

Messaging Platform Telegram To Launch Mini-App Store With Support for Web3 Pages

July 20, 2024 The Daily Hodl

Blockchain

The messaging platform Telegram plans to launch a mini-app store with support for web3 pages, according to Pavel Durov, the company’s founder and chief executive. Mini-apps run inside Telegram and can be linked for payments with 20 different payment providers. Durov says on his Telegram channel that 2024 will be remembered as the year “when […]

The post Messaging Platform Telegram To Launch Mini-App Store With Support for Web3 Pages appeared first on The Daily Hodl.

Low-Cap Altcoin Surges by More Than 27% This Week Amid New Involvement in CBDC Project

Telegram to get Mini App store by the end of July — Pavel Durov

July 19, 2024 Coin Telegraph

Coin Telegraph

According to the company, Telegram has over 900 million monthly active users and ranks among the top 10 most downloaded apps worldwide.

Telegram founder Pavel Durov announced the popular messaging platform will have launched a Mini App store and an in-app browser with built-in Web3 support by the end of July.

Additionally, Durov announced measures to mitigate scams on the platform by displaying the month and country of registration for public-facing user accounts.

The tech entrepreneur also explained that Mini Apps will also be able to label channels, allowing an additional layer of decentralized, third-party verification.

Low-Cap Altcoin Surges by More Than 27% This Week Amid New Involvement in CBDC Project

Web3 Marketing Strategist Says It’s a ‘Mistake’ to Frame Blockchain and AI as Competing Technologies

July 14, 2024 Bitcoin.com

Artificial intelligence (AI)

According to Catherine Daly, the marketing head at Space and Time, framing artificial intelligence (AI) and blockchain as competing industries would be a mistake. Instead, Daly believes “there’s a lot of room for each to accelerate the other.” To illustrate this point, she identified onchain transacting AI agents as one example demonstrating why artificial intelligence […]

Share this video