Mocaverse to Develop Decentralized Social Layer

CyberConnect collaborates with Animoca Brands to enhance Mocaverse’s identity layer using CyberAccount, redefining Web3 social networks and simplifying crypto wallets. Key Points Web3 pioneer social network, CyberConnect, has entered into a memorandum of understanding (MoU) with Animoca Brands, a company known for its advancement of digital property rights in gaming and the open metaverse. The strategic partnership […]

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Expansion of Web3 Fueled by Hong Kong’s Financial Secretary

The “Digital Entertainment Leadership Forum” highlights the transformative impact of Web3 on global entertainment, with Hong Kong actively embracing these technologies for economic growth and sustainability. Key Points Last Friday, the “Digital Entertainment Leadership Forum” kicked off with the theme “Entertainment Power UP! Web3 New Vision.” The event brought together over 90 speakers from more than 30 […]

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Microsoft Gaming CEO’s Lukewarm Stance on Metaverse Raises Questions

Microsoft Gaming CEO, Phil Spencer, appears unenthusiastic about the metaverse, questioning its concept and expressing preference for traditional gaming. Key Takeaways Microsoft’s $69 billion acquisition of gaming giant Activision Blizzard raised eyebrows among regulators concerned about its potential impact on innovation and choice for gamers. Despite initial hurdles, the deal closed recently, bolstering Microsoft’s gaming […]

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Liquid Staking Derivatives Capitalizes on Ethereum’s Dencun Upgrade to Propel Web3 Innovation

EIP-4788 will greatly benefit DApp security and reduce risk industry-wide. By removing reliance on external oracles, which accounted for $1B in DeFi hacks in 2022, Dencon fortifies the ecosystem against a major attack vector. This change aligns with the broader trend toward protocol-owned infrastructure for reduced risk. Liquid staking protocols are poised for exponential growth […]

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