Author: Jeremy Ryan

Blockchain The partnership between Wakweli and the Blockchain Lawyers Group will offer a number of notable advantages that include but are not limited to boosting the liquidity of the entire Wakweli ecosystem. Wakweli, a Non-Fungible Token (NFT) certification protocol, has announced its latest partnership with the Blockchain Lawyers Group (BLG) as it seeks to establish its outfit as one of the most legitimate for certifying tokenized assets. As contained in the Press Release shared with Coinspeaker, Wakweli said the collaboration aims to enhance the evolving Web3 legal expertise and enable deeper protocol refinements for the Proof of Democracy (PoD) consensus…

NFT Non-fungible token (NFT) collection Pudgy Penguins has announced the completion of its $9 million seed funding round led by 1kx. The company plans to use the new capital to scale its intellectual property and team. The funding round comes over a year after the Pudgy Penguins project voted out its founders for allegedly draining treasury funds and failing to meet community goals. In April 2022, entrepreneur Luca Schnetzler (Netz) bought the Pudgy Penguins rights for $2.5 million with a promise to build out the brand, which soon involved licensing deals and social media campaigns, pushing the NFTs to an…

Blockchain The new platform is a privacy-enabled blockchain dubbed the Canton Network. Canton Network allows for interoperable and synchronised transactions in finance, unlocking efficiency and innovation. Microsoft is a supporting partner and joins companies such as BNP Paribas, Deutsche Börse Group, and Goldman Sachs. Microsoft is among several global tech and finance companies looking to advance interoperabiloty in the financial markets via a new privacy-enabled blockchain network. The institutional-focused blockchain is dubbed the Canton Network and will offer access to a decentralised infrastructure targeted at unlocking the potential of synchronised financial markets, according to details shared in a press release…

NFT Wu reported that the BSV community has been instrumental in developing Bitcoin Ordinals and BRC 20. Unisat, the core wallet of BRC20, was created by the Chinese development team of the former BSV community, which also developed Sensible Contract, a smart contract solution on BSV. The BSV community has extensive participation in Bitcoin Ordinals and BRC 20. Behind Unisat, the core wallet of BRC20, is the Chinese development team of the previous BSV community, which has developed Sensible Contract, a smart contract solution on BSV. By @TechFlowPost — Wu Blockchain (@WuBlockchain) May 9, 2023 The team behind Ordswap, the…

Blockchain Neftify has extended the support to Optimism, allowing users to build and deploy their decentralized applications faster than before. Neftify is a blockchain RPC provider, and the venture coming out in support of the Ethereum L2 solution takes things to another level where deployment is much faster, cost-efficient, and scalable. The development comes to light to address the issues that the project faces on Ethereum. These are network congestion, high transaction fees, and scalability. Needless to say, all these factors together affect the adoption of dApps in the community. Optimism has been able to craft its way to circumvent…

Blockchain SafePal, a multi-chain wallet for cryptocurrency, has started a partnership with Klaytn (a public blockchain dealing with creator economy, GameFi, and the Metaverse). As included in the collaboration, the integration of Klaytn into SafePal is focused on enabling compatibility for Klaytn’s local assets. In addition to this, the decentralized applications (Dapps) existing in its exclusive version update will also be supported with this integration. Klaytn Partners with SafePal to Provide Access to 10M Consumers The respective integration takes into account a browser extension, a mobile app, as well as a hardware wallet. Because of this integration, 10M consumers around…

Blockchain Financial technology company Digital Asset will start a privacy-enabled interoperable blockchain network designed to provide a decentralized infrastructure for institutional clients, the firm announced on Tuesday. Participants of the network, which is called the Canton Network, include BNP Paribas (BNP), Deloitte, Cboe Global Markets (CBOE), Goldman Sachs (GS), Broadridge (BR), S&P Global, and Microsoft (MSFT), among many others. “The Canton Network is a powerful answer to industry calls for a solution that harnesses the potential of blockchain while preserving fundamental privacy requirements for institutional finance,” Chris Zuehlke, partner at DRW and global head of Cumberland, another participant, said. “This…

Pudgy Penguins aren’t just cute; they’re also at the forefront of Web3 innovation, promoting intellectual property utilization and community empowerment. Radiating love, empathy, and compassion, Pudgy Penguins are a source of positivity and good vibes for all.Read on to find out how.What are Pudgy Penguins NFTs?Launched in July 2021, this collection of 8,888 NFTs is adorable and a driving force for Web3 innovation through IP utilization and community empowerment. As symbols of love, empathy, and compassion, Pudgy Penguins bring good vibes and positivity to everyone in their orbit.As a proud Pudgy Penguin owner, you’ll enjoy exclusive access to experiences, events,…

In the midst of May Mayhem and their ongoing playtest, Champions Arena brings us their first NFT sale for their game. This sale features Nexus NFTs, which allow owners to rent out their Champions, and Estate NFTs, a sort of guild hall for the game. Champions Arena kicked off their open beta playtest last week and now bring us a sale for both Nexus and Estate NFTs. Nexus and Estate NFTs and Sale Info Players who own a Nexus can attach their Champion NFTs to it. Other players can then access these Champions, with a portion of their victory points…

Artifact Labs, a Web3 company dedicated to preserving historical records on the blockchain, has successfully closed a $3.25 million funding round. The NFT issuer began operating independently after spinning from its parent company last year.Hong Kong-based hedge fund manager Blue Pool Capital led the funding round, with significant participation from the renowned Web3 investment firm Animoca Ventures. Blue Pool Capital primarily invests the wealth of Alibaba founders Jack Ma and Joe Tsai.Investing in Growth and DevelopmentThe company plans to utilize the newly-acquired funds to expand operations and increase its team of developers. Artifact Labs first recognized the long-term potential of…