latest posts

Reap Leverages Fireblocks to Enable Crypto Repayments with the Reap Card

New York, United States, 11th January, 2023, Chainwire Reap, the global fintech company powering expense management through the industry first Reap Visa Corporate Card (“Reap Card”) platform, launches industry-leading innovation by including cryptocurrency repayments functionality for the Web3 industry. Together with the Reap Card, Reap is offering expense management software that will enable web3 companies to settle their fiat payments with cryptocurrencies.  Daren Guo, Reap Co-Founder, said: “We noticed a gap in the payments market involving web3 projects that face challenges for settling corporate expenses with non-fiat currencies like cryptocurrency. A seamless and scalable solution to convert crypto into fiat

Venom Foundation in Partnership With Iceberg Capital Launches $1 Billion Venom Ventures Fund

Abu Dhabi, Abu Dhabi, 11th January, 2023, Chainwire Venom Foundation, the first Layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market (ADGM), and Iceberg Capital, an ADGM regulated investment manager, officially announce that they have partnered to launch a $1 billion venture fund called Venom Ventures Fund (VVF).  The blockchain-agnostic fund will invest in innovative protocols and Web3 dApps, focusing on long-term trends such as payments, asset management, DeFi, banking services, and GameFi. It aims to become the leading supporter of the next-generation digital technologies and entrepreneurs. Venom Ventures Fund (VVF) will leverage Iceberg Capital’s network, expertise, and

Cointelegraph has launched an Accelerator program for innovative Web3 startups

New York, United States, 10th January, 2023, Chainwire The program aims to help Web3’s rising stars boost their media presence, community growth and brand awareness in exchange for project tokens. The Web3 space is growing rapidly and new startups are emerging daily, with investment into Web3 projects skyrocketing to $30 billion in 2021 and around $36 billion in 2022. While many Web3 founders have great ideas and a strong value proposition to bring to the space, this is a challenging field riddled with competition and a lack of trust from the broader audience. Founded in 2013, Cointelegraph has grown to

Metacade presale passes $2 million – only $690k remaining before it sells out

London, United Kingdom, 10th January, 2023, Chainwire Metacade has exceeded expectations as investors flocked to its presale to purchase MCADE tokens, raising over $2 million for the GameFi project. The beta stage of the presale saw $1 million pour in over a matter of weeks and momentum has continued despite the 25% increase in token price. There is now only $690k remaining of the token at $0.01 before the price rises 20% in the next round. $MCADE is available to buy on the official Metacade website. Metacade is the world’s first community-run play-to-earn (P2E) arcade built on blockchain. The Ethereum-backed

Flare Launches Layer 1 Oracle Network

Dubai, UAE, 10th January, 2023, Chainwire Flare, the blockchain for building applications that use data from other chains and the internet, has successfully completed its long-awaited token airdrop at 11:59 pm UTC on January 9th. The airdrop saw 4.279B Flare (FLR) tokens distributed to millions of recipients, including users on Binance, OKX, Kraken, Bithumb, UpBit, Kucoin, BitBank, & more, in one of the largest scale distributions in crypto history. The airdrop is a significant milestone for Flare as developers can now start to take advantage of Flare’s EVM and native data acquisition protocols, the State Connector and Flare Time Series

Conflux Network Expands into Hong Kong

Toronto, Canada, 28th December, 2022, Chainwire Dr. Ming Wu, co-founder of Conflux Network, was invited to Hong Kong to speak with various government and private organizations about the digital economy, innovation and technology, and has reached an initial strategic cooperation intention.  Conflux is already in the process of registering related entities for the entry into Hong Kong, solidifying its role as foundational infrastructure for Web3. This follows October’s announcement of the  “Policy Declaration on the Development of Hong Kong Virtual Assets” which has paved the way for a more hospitable blockchain environment in Hong Kong. Dr. Ming Wu, Co-Founder of

My Neighbor Alice Successfully Released Its Game Version 2.0 To Mainstream Audience

Stockholm, Sweden, 20th December, 2022, Chainwire My Neighbor Alice is a blockchain-based social game that has been popular among its users since its initial release and has now launched version 2 to mainstream audiences. My Neighbor Alice successfully released its game version 2.0 to the mainstream audience on December 16, 2022. The online game was released in June 2022 after a successful nine-month pre-alpha stage in September 2021. The game has been growing in popularity ever since its release. My Neighbor Alice is a multiplayer builder game that allows players to build and manage virtual lands, interact with neighbors, and

Looking Glass Labs Forms Strategic Development Partnership with Cavrnus to Deliver Clear Metaverse Innovation and Commercialization Strategy

Vancouver, British Columbia, 19th December, 2022, Chainwire Looking Glass Labs Forms Strategic Development  Partnership with Cavrnus to Deliver Clear Metaverse  Innovation and Commercialization Strategy  Brands and Creators Will Have Access to Powerful User-Friendly Metaverse  Builder and Deployment Tools to Create Unique Experiences Using State-of the-Art Technology that Brings the Partnership, the Community and Brand  Applications to the Industry Forefront   Looking Glass Labs Ltd. (“LGL” or  the “Company”) (NEO: NFTX) (AQSE: NTFX) (OTC: LGLSF) (FRA: H1N), a leading Web3  platform specializing in immersive metaverse environments, play-to-earn tokenization and blockchain  monetization strategies, announces that it has signed a Strategic Development Agreement (the

Metropoly Pre-Sale Raised 300k After Releasing Beta

British Virgin Islands, BVI, 15th December, 2022, Chainwire The Metropoly presale for the METRO token has started successfully, with seven stages sold out and only three remaining. The METRO token presale started at $0.033 and will launch at a fixed price of $0.1. Metropoly has already managed to raise over $300,000 in its presale. The blockchain-based project aims to transform the real estate industry’s operations, bringing it into the digital age.  Interest in Metropoly’s presale can be attributed to the fact that more investors are looking for alternative investment opportunities. Real estate-based projects are seen as a strong hedge against

Maincard Expands Web3 Sports Prediction Market To Myria And Launches NHL Sportsbook

Los Angeles, California, 15th December, 2022, Chainwire Web3 Sports prediction app Maincard and Myria are joining forces to expand the appeal of NFTs. Maincard will benefit from Myria’s scalability focus as a trusted Ethereum L2 solution through the partnership.  Maincard recently announced its main net launch on the Polygon network. The Web3 sports prediction game went live the day before the 2022 Fifa World Cup kicked off. Core benefits of the platform include novel gameplay dynamics, NFT support, and the ability to earn rewards. In late November, Maincard unveiled its first prize fund draw. A total of 6,000 MATIC tokens

Gaming Platform Azarus to list on Uniswap – onramps multi-million streaming audience to blockchain

San Francisco, USA, 13th December, 2022, Chainwire Azarus will be hosting a keynote stream in partnership with Animoca Brands at 7am UTC on Wednesday, December 14th (11pm PST on Tuesday, December 13th) to reveal the imminent listing on Uniswap of the AzaCoin, an ERC-20 Token on Ethereum Mainnet, which will list on Uniswap on January 11, 2023.   Founded in 2018, Azarus has been demonstrating that “streams are not TV” through its highly engaging Overlay Games. With Azarus, streamers run interactive games over their streams to play along in real-time with their entire audience, sponsored by brands. Overlay Games have

Platypus Launches Native Stablecoin USP

Hong Kong, Hong Kong, 13th December, 2022, Chainwire Platypus Finance is launching USP, a protocol-native stablecoin. USP’s deployment has emerged from Platypus’ goal of improving capital efficiency for its users. USP also resolves long-running collateral issues associated with stablecoins. The native Platypus Finance stablecoin has been designed to reduce the liquidity fragmentation and scattered assets that are endemic to many protocols. USP is pegged to the US dollar, operating as an overcollateralized stablecoin that provides a layer of security in cases of depegging with its unique Adaptive Peg Stabilizer. The coin maintains its value itself with the Platypus stableswap AMM