Cameo announces its NFT project, Cameo Pass

From Lamborghini to Twitter, everyone and their mother is dipping their toes into the tempting, chilly waters of web3, to varying degrees of success. Now, Cameo’s joining the club. Today, personalized video app Cameo announced Cameo Pass, an NFT-based community “of Cameo talent and fans

Coatue leads a $69,420,000 funding round

Many crypto detractors contend that the web3 space is buoyed by meme money, so Coatue leading a $69,420,000 Series B in a blockchain startup shouldn’t leave them too surprised. The investment — made in crypto analytics platform Dune Analytics — brings the startup’s valuation

Pixel Vault banks $100 million in funding to chase an NFT media empire

The world of NFTs is bizarre, confounding and exhilarating. Detractors see a space full of capital-obsessed hucksters who want to choke all of the lasting value from popular culture, while boosters see a new technological revolution that can transform how value from online media is actually created

VC-backed DAO startups are racing to define what DAOs actually are

Amid the growth in web3, NFTs, DeFi and tokens, institutional investors are also looking at how they can leverage another crypto structure called DAOs to build a new model for community action on the internet. DAOs — or decentralized autonomous organizations — are at a very weird place

Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets

Africans and people in emerging markets missed out on the first set of opportunities that technological advancements brought to the world. Computers, the internet, fintech, artificial intelligence, any tech you can name (except mobile tech), people in these regions have always had to play catch-up.

Success of web3 hinges on remedying its security challenges

In both Web 1.0 and Web 2.0, security models changed in tandem with application architectures to help unlock entirely new economies. In Web 1.0, Secure Sockets Layer (SSL) was pioneered by Netscape to provide secure communication between user browsers and those servers. Trusted Web 2.0 intermediari

Paradigm invests in Solana wallet app Phantom at $1.2 billion valuation

In the crypto ecosystem, wallets are perhaps the most critical user touchpoint serving as a gateway to exchanges and smart contracts. This positions the startups building popular wallet apps closest to the firehose of consumer crypto opportunities, while also leaving them to take charge in tackling

Whistleblowers can protect crypto and DeFi

Regulation-free crypto is history. In response to rampant crypto fraud and the incredible growth of regulation-skirting decentralized finance (DeFi), U.S. regulators are set to take unprecedented action against the cryptocurrency industry. This regulatory shift tracks the United States' histori

Web3’s early promise for artists tainted by rampant stolen works and likenesses

Jillian C. York didn't want to be a non-fungible token. A Berlin-based author and activist, York is also the director for International Freedom of Expression at the Electronic Frontier Foundation. For some reason — York doesn't agree with her inclusion there — her name also appe

Facebook ditches Diem stablecoin with asset sale to Silvergate

The Diem Association, a consortium of companies working on a blockchain-based payment system, is selling its technology assets to Silvergate Capital for $200 million, according to a report from the WSJ. Meta, the company formerly known as Facebook, is one of the founding members of the association.

Tiger Global and Sequoia India-backed FanCraze launches cricket NFTs in partnership with ICC

NFTs took off in many corners of the world last year, but the trading of the fast-growing blockchain-powered and verifiable digital assets is yet to make inroads in India. Now a local startup — backed by high-profile investors Tiger Global, Sequoia Capital India, Coatue Management and Dapper

Reddit tests allowing users to set any NFT as their profile picture, similar to Twitter

Reddit is testing a feature that would allow its users to set any NFT they own as their profile picture — not only its own Ethereum-based NFTs, called “CryptoSnoos,” released in limited quantities last year. A similar feature allowing users to set their NFTs as profile pictures re

YouTube’s head of Gaming leaves to join blockchain group Polygon

Ryan Wyatt describes himself on Twitter as YouTube’s head of Gaming by day, and a “web3 & crypto advisor/investor by night.” Now, he’ll be working in crypto during the day, too. Today, Wyatt announced that he will be leaving YouTube after almost eight years to join the t

Hundreds of Y Combinator alumni join crypto collective to back web3 startups

A crypto collective backing web3 startups is seeking new members. The only condition for joining? Applicants must be alumni of the Y Combinator accelerator. The group, called Orange DAO, is an effort to build out a venture structure which can scout out and back young crypto startups. It was formed