Palm Network to rollout Polygon-based Supernets chain next week — link
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a16z-backed Eco unveils Beam wallet to offer payments on Optimism, Base — link
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Animoca Brands invests $30 million in crypto payments application Hi — link
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Immunefi, Polygon Labs, Solana Foundation launch web3 ‘Rekt Test’ — link
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EthStorage reaches $100 million valuation in seed token round — link
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Paradigm moves $3.5M in MakerDAO's MKR tokens following peer a16z's maneuver — link
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🖼 SQUISHMALLOWS AND VEEFRIENDS ARE BRINGING NFTS TO PLUSH
Squishmallows is making its way to Web3 thanks to a partnership with VeeFriends. Fans of digital collections will know that pop culture companies everywhere have been hopping on the NFT train, from Warner Bros. and Eluvio teaming up for a Superman collection to Funko releasing a series of House of Dragon Digital Pops. Jazwares is now joining in, partnering up with VeeFriends for four new Squishmallows, all based on NFT characters. Characters included in the new VeeFriends collection are Adventurous Astronaut, Humble Hedgehog, Intuitive Iguana, and Karma Kiwi. The characters originally appeared as NFTs designed by artist Gary Vaynerchuk. Each VeeFriends character will be featured as a 12-inch tall Squishmallows plush, retailing for $24.99. The Squishmallows brand is no stranger to licensing, with previous partnerships including Disney, Harry Potter, and Godzilla. The new VeeFriends Squishmallows are launching Aug. 7 exclusively at the Jazwares and VeeFriends online stores. Mark your calendars and get ready to collect a digital friend physically!
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BNB Chain’s daily average active addresses reached ~1.4 million and increased by 25.6% QoQ. Average new unique addresses increased 91.1% QoQ and reached all-time highs after a spike in activity in late April — link
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Generative art platform Highlight launches on Ethereum — link
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Twitter unveiled a new logo today: the iconic blue bird has given way to an 'X'.
Over the past weekend, the platform's owner, Elon Musk, announced transformative changes to the Twitter brand.
While some might be caught off guard, Musk had this rebranding strategy in the pipeline since taking ownership in October 2022.
This change marks Musk's first move towards creating a comprehensive "everything app."
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Decentralized exchanges are slowly chipping away at centralized exchange dominance.
The graphic above shows that in six months, perpetual DEX volume share went from 2% to 2.1%, with total derivatives volume ranging from $2T to $3T.
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Crypto gaming startup Ultra launches esports platform with token, NFT prizes — link
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Digital fashion brand MNTGE to release NFT patchwork collection linked to IRL rewards — link
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The recent failure of the Multichain bridge had a severe impact on the Fantom ecosystem. TVL in Fantom's DeFi protocols dropped by 67% as a result, in just a few weeks — link
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Arbitrum enlisted as web3 gamer Aurory pursues multi-chain aspirations — link
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Stellar, Ripple and Solana-based investment funds see AUM spike in July — link
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Optimism has surpassed Arbitrum in daily transactions for the first time in 6 months, primarily due to reduced gas fees and the deployment of Worldcoin — link
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Arthur Hayes’ Maelstrom backs Aethir in funding round at $150 million valuation — link
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Generative art platform Highlight launches on Ethereum — link
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'Legends at War' mobile game launching on Avalanche subnet — link
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Italian Central Bank-backed Hub taps Polygon, others to bring TradFi deeper into DeFi — link
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Reddit prepares to drop Gen 4 collectible avatars on Polygon — link
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Lido Finance DAO mulls introducing new dual governance model — link
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BadgerDAO releases 'purple paper' for eBTC synthetic Bitcoin using stETH — link
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Gitcoin's Layer 2 'Public Goods Network' goes live on mainnet — link
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📣 RewireHub Launches Metaverse Office and Prepares for Blockchain and AI Solutions
RewireHub, a digital marketing agency based in the UAE, has recently made a notable advancement by introducing a comprehensive metaverse office that is fully integrated. By adopting this advanced technology, RewireHub has positioned itself as one of the few global companies to embrace this pioneering initiative. The Metaverse office surpasses conventional workspaces by providing a revolutionary digital environment that expands the opportunities for both remote teams and clients. Muddashir Siddique, the Chief Executive Officer and Chief Marketing Officer of RewireHub, conveyed his excitement regarding the new initiative. He expressed that RewireHub has always incorporated innovation and progressive work models as a fundamental aspect of their approach. The Metaverse office exemplifies our commitment to leveraging state-of-the-art technology and transforming our understanding of space and collaboration. The Metaverse office is not only designed to facilitate daily operations and promote team collaboration, but it also functions as a highly adaptable platform for various client meetings, webinars, online events, and meetups. By leveraging this platform, users can create immersive and captivating experiences.
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Flashbots becomes unicorn after completing $60 million raise — link
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Avalanche Foundation creates $50 million incentive program to purchase tokenized assets — link
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