The latest update would incentivize the community to participate in the ecosystem and make enterprise storage viable for all. Decentralized storage networks are getting increasingly popular over mainstream centralized ones such as AWS, Google and Microsoft. The primary reason for the shift is low cost of operations and security.  Some of the notable decentralized storage...Continue Reading

The Ethereum market has grown cautious around the long-awaited Shanghai upgrade, which will unlock 17.4 million ETH into circulation. The price of Ethereum’s native token, Ether (ETH), shows a growing conflict among traders about the market direction for March. This uncertainty has resulted in ETH price consolidating inside a narrow sideways range between $1,600 and...Continue Reading

Gemini is accused of providing BlockFi with custodial services and misleading information to help BlockFi market its alleged unregistered securities. An investor with nearly $2 million worth of funds frozen in bankrupt cryptocurrency lender BlockFi has filed a class action complaint against its founders, two directors and crypto exchange Gemini. In a Feb. 28 complaint...Continue Reading

The full launch and removal of the 1 million waitlisted users come six months after Robinhood launched its beta version in September. Trading platform Robinhood has launched its Web3 wallet on Apple’s App Store, becoming available to iOS users in over 130 countries. Robinhood shared the news in a Mar. 1 post, stating that users...Continue Reading

In the limited beta, Bicasso was taking user-submitted profile pictures and turning them into a work of digital art in seconds. Binance’s newly launched artificial intelligence-powered nonfungible token (NFT) generator has been churning out digital art at full capacity, reaching a cap of 10,000 NFT mints in just 2.5 hours after launch. On Mar. 1,...Continue Reading

The scammer behind the crypto wallet draining kit even recommended an alternative and gave advice to budding cybercriminals. The cryptocurrency phishing scammer behind some of the most high-profile and high-value Web3 thefts is claiming to have packed up shop and is “moving on to something better.” The scammer by the pseudonym Monkey Drainer posted to...Continue Reading

The public launch of Polygon ID comes 12 months after it was first launched in a closed-environment to a select group of builders. Polygon, a layer-2 scaling protocol for Ethereum, has launched a zero-knowledge decentralized identity solutionto the public nearly a year after announcing its development. The Polygon ID service uses zero-knowledge proofs (ZK proofs)...Continue Reading

A panel at an upcoming advisory meeting for the financial regulator will “explore issues in decentralized finance.” The United States commodities regulator is set to take a close look at the decentralized finance (DeFi) space at an upcoming meeting of its tech committee, where it has also invited crypto industry executives to present. The Commodities...Continue Reading

The game aggregator will allow users to link their Web3 wallets to various games through crypto wallet provider MetaMask. HyperPlay, a Web3-native game launcher with a built-in crypto wallet, has announced its early access launch, according to a Mar. 1 announcement from the developer. The online game launcher was built in collaboration with crypto wallet provider...Continue Reading

The use cases for the CBDC ranged from offline payments to “trusted Web3 commerce” and financial industry participants were invited to undertake a live pilot. Australia’s central bank is set to launch a “live pilot” of a central bank digital currency  “in the coming months,” according to a joint statement from the Reserve Bank of...Continue Reading