Waylon Wilcox, a 45-year-old NFT trader, has pleaded guilty to underreporting nearly $13 million in profits from selling CryptoPunk NFTs. The sales occurred across 2021 and 2022. Wilcox is now facing up to six years in federal prison, as well as possible fines and terms of supervised release.Last year, Wilcox...
Through innovative decentralized data validation, XYO Network is building a new landscape of data integrity and interoperability in the world. Through the power of cryptographic proofs combined with decentralized consensus, XYO makes it impossible for data to be tampered with or altered, ensuring its trustworthiness across various ecosystems. XYO Layer...
Liberation Labs, a provider of global counterparty baking as a service (BaaS) technology, has completed a USD 23.80 million capital increase with several UK funds. This funding round aims to bolster the company's expansion in the African gaming market and support its partnership with NEOM's food company, Topian. This investment...
The Algorand Foundation has recently established deep partnerships with three Nigerian states and the National Information Technology Development Agency. Identifying blockchain opportunities Together, they’re pushing the boundaries of blockchain innovation and practicality. These partnerships, created through the Infrastructure Investment and Jobs Act of 2024, will boost efficiency, transparency, and economic...
AGII, the leading platform combining AI and Web3 technology, today announced the launch of AGII V2 smart contract infrastructure. The upgrade features ChatGPT AI automation tools specifically built to streamline and enhance the building process of smart contracts. AGII is an AI-powered next-generation Web3 platform focused on making blockchain interactions...
It showcased the power of community as it brought together the best industry leaders, innovators and enthusiasts to dive into the thrilling convergence of #Web3 and #ArtificialIntelligence. The summit was held at the famous Toranomon Hills Forum. It quickly grew to be the essential convening space for conversations, partnerships, and...
The exploding blockchain industry is expanding at breakneck speed. This growth is driven by increasing need for secure, transparent, and efficient solutions across industries. Custom blockchain development companies have been at the forefront of this technological revolution. They are partners in innovation, delivering tailored solutions that enable enterprises to forge...
Andreessen Horowitz (a16z) is one of the most active investors in cryptocurrency and fintech. They are proving time and again that they’re the dominant player in the digital asset space. The firm has already made a number of strategic investments. This step demonstrates its bold confidence in the long-term promise...
Vineet Budki, CEO and Managing Partner of Sigma Capital, is pushing to create a new model for Web3 venture capital that uplifts founders. Budki’s long-term vision definitely extends beyond the coast, towards a more open and decentralized digital economy. He’s an artful strategist and leader, infusing a rare precision and...
Axelar, the decentralized superhighway providing secure universal cross-chain connections, keeps on winning with the decentralized web. Georgios Vlachos and Sergey Gorbunov co-founded Axelar in 2020. The platform provides a multi-chain decentralized network and an interoperability hub that brings together different parallel blockchain ecosystems. The platform’s native token, AXL, is ranked...
