Asia Express – Cointelegraph Magazine
VibcryptoOur weekly roundup of news from East Asia curates the industry’s most important developments. Hong Kong gaming firm to invest $100M in crypto Boyaa Interactive International, a publicly-traded Hong Kong…
Babylon Chain closes $18M funding for Bitcoin staking
Polychain Capital and Hack VC led the $18 million Series A funding round of Babylon Chain, a protocol working on Bitcoin (BTC) staking, bridging the decentralized finance (DeFi) ecosystem with…
2024 to see unified ZK-powered L2 chains
Polygon co-founder Jordi Baylina says 2024 will see the amalgamation of Polygon’s various Ethereum layer-2 scaling networks to complete its “Polygon 2.0” cross-chain coordination protocol.Speaking exclusively to Cointelegraph, Baylina said…
Blockchain projects make push to decentralize climate markets
As the 2023 United Nations Climate Change Conference (COP28) takes place in Dubai, United Arab Emirates, many projects participated in the climate action effort by launching blockchain-powered initiatives. From Nov.…
Jack Dorsey’s Block Inc. launches self-custody Bitcoin wallet
Financial payment processor Block, co-founded by Jack Dorsey, has launched its self-custody Bitcoin (BTC) wallet.Dubbed "Bitkey," developers said during the Dec. 7 announcement that the wallet, available as a mobile…
Changpeng Zhao’s next move could involve decentralized science
Changpeng “CZ” Zhao’s tenure as the CEO of Binance may be over, but the exchange giant’s loss could be a boon for the decentralized science (DeSci) sector.In a comment on…
Games need bots? Illivium CEO admits ‘it’s tough,’ Web3 games 42X upside: Web3 Gamer
Is a game even a game without bots? Pixels CEO doesn’t think so Some think that bots in games is a sign of the apocalypse, or perhaps just the makers…
Web3 can benefit from adopting Web2 optimization: NBX Berlin
Web3 products and services could benefit from the streamlined user experiences that have been mastered by Web2, according to several industry builders who attended Next Block Expo in Berlin.Speaking to…
FTX to submit revised reorganization plan in mid-December
The Official Committee of Unsecured Creditors has written a reply to the FTX 2.0 Customer Ad Hoc Committee, providing insights into the details of its proposed amended reorganization plan. Scheduled…
Web3 firms to support ecosystem development through grants amid market uptick
As Bitcoin (BTC) soared past the $40,000 mark and brought the total crypto market capitalization to $1 trillion, Web3 firms have started to roll out grants to support the development of…