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Opera Crypto Browser, the Web3-based web browser that supports decentralized blockchain applications, from Opera Software now supports the crypto wallet MetaMask, the company said Tuesday, ahead of the much-anticipated Ethereum Merge upgrade that’s expected to be completed tonight. Opera launched the Crypto …
Terraform Labs co-founder Do Kwon faces arrest in South Korea over Terra ecosystem collapse
A court in South Korea has issued an arrest warrant for Do Kwon, the founder of now collapsed stablecoin issuer Terraform Labs Pte. Ltd. who oversaw the spectacular implosion of the TerraUSD cryptocurrency in May, which led to multiple investigations. The Seoul-based …
Twitter shareholders vote for Elon Musk’s $44B buyout as whistleblower testifies
Twitter Inc.’s shareholders today voted to approve Elon Musk’s $44 billion buyout of the company and take it private. The vote comes after Musk has been seeking to drop the deal claiming that the company was in breach of the original agreement …
Linux Foundation announces OpenWallet Foundation for interoperable open-source digital wallets
The Linux Foundation today announced plans to form a new collaborative initiative called the OpenWallet Foundation to support the development of interoperable open-source digital wallets. The mission of OWF is to build an open-source engine on which anyone can build interoperable wallets …
Starbucks unveils Odyssey loyalty rewards program powered by NFTs
Coffee and muffins cafe and meetup spot giant Starbucks Corp. today unveiled details on its new upcoming rewards program Starbucks Odyssey powered by nonfungible tokens, which will offer loyalty rewards to customers through blockchain technology. The new setup uses the Web3 technology …
Payments company Bolt abandons $1.5B deal to buy crypto firm Wyre
The online checkout company Bolt Financial Inc. announced Friday that it has ended its $1.5 billion deal to acquire cryptocurrency infrastructure firm Wyre Payments Inc. by mutual agreement, according to a report from Reuters. The deal, announced in April, would have been …
‘Axie Infinity’ creator Sky Mavis taps Google Cloud to secure blockchain network
Sky Mavis, the creator of the popular “Axie Infinity” blockchain game, has teamed up with Google Cloud to become a validator for its blockchain gaming and nonfungible token network to scale it up securely and sustainably. Sky Mavis announced a multiyear collaboration …
White House report says crypto mining could be restricted over environmental concerns
A report from the White House on Thursday targeted the energy implications of creating digital currencies such as bitcoin and Ethereum through the process of cryptocurrency mining and encouraged the industry to shift toward more environmentally friendly processes. The report, mandated by …
Crypto startup Slide raises $12.3M to build better Web3 user experiences
Web3-focused startup Slide said today that it has raised $12.3 million in seed funding co-led by Polychain Capital and Framework Ventures to enable crypto developers to build better user experiences into their decentralized applications. Other participants in the funding round included Coinbase …
Web3 startup Mysten Labs raises $300M led by FTX at $2B valuation
Mysten Labs, a Web3 startup founded by former Meta developers, today announced that it has raised $300 million in new funding led by FTX Ventures at a $2 billion valuation to continue building out its Sui blockchain infrastructure product. The Series B …