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Showing posts with the label web3

StepN Joins Argentina’s AFA To Launch NFT Sneakers

STEPN, a renowned move-to-earn mobile application, has partnered with the Argentine Football Association (AFA) to launch non-fungible token-backed sneakers in honour of the legendary football team. STEPN dives deeper into the NFT sneaker market despite its market rivals like Nike exiting the market, citing that the market turned out to be unprofitable. In this article, we shall explore much about this strong collaboration. STEPN x AFA NFT Integration On May 5, 2025, reports confirmed that the move-to-earn mobile application STEPN has signed a long-term partnership with the Argentine Football Association (AFA) to issue NFT digital sneakers in honour of the legendary football team. For the next two years, the social lifestyle app and the AFA will collaborate to pay tribute to fans with prizes and lotteries, while the Association expands into Web3. A very strong collaboration in Web 3 that you may not have heard of yet👀 👟STEPN x @Argentina 🇦&#1...

Next Cryptocurrency to Explode, 3 February — Sweat Economy, Mask Network, DeXe, Kava

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The overall feeling in the market was positive from the close of October 2024 until the beginning of this year. Last month, Bitcoin (BTC) rose above its all-time high and surpassed the 100K mark. Eventually, it exceeded $103K before dropping to 95.7K as of press time today. Meanwhile, many investors have already made plenty of gains from the November/December 2024 bull run. Determining the next cryptocurrency to explode might be challenging as most funds are attracted to pumping assets. However, this article will explore the performance of cryptocurrencies with much growth potential, especially before the year runs out. The aim is to identify coins with some potential and help investors and traders make informed decisions about each token. Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of the presale token Solaxy. This new meme coin offer...

Ethereum: Vitalik Buterin Urges L2 Networks to Decentralize More

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Ethereum co-founder Vitalik Buterin has taken to X (formerly Twitter) to urge layer-2 networks to decentralize even more. Indeed, the well-known crypto developer, Buterin discussed the importance of decentralization and the utilization of his vast platform. Specifically, he noted he would change how he speaks about Vaiours layer 2 networks in the future. Specifically, he would no longer discuss projects that aren’t doing enough in terms of decentralization. Buterin said projects should at least meet the Stage 1 threshold he laid out in a previous blog post discussing decentralized platforms. Source: CoinDesk Also Read: Vitalik Buterin Explains $2.2M ETH Wallet Dump: Market Impact Buterin Calls out L2 Networks, Urges Increased Decentralization Ethereum has long been the second-largest crypto by market cap. Moreover, its influence has been undeniable. Yet, more important is the influence of the man who was key to the creation of the network, Vitalik Buterin. It is safe to say that w...

Red Alarm flags hundreds of risky dapps on BNB Chain

DappBay, a web3 dApp store for users on the BNB Chain, has flagged over 100 risky decentralized applications ( dapps ) in its recent update.  BNB Chain shared the findings on X (formerly Twitter). See below. DappBay's Red Alarm identified +100 risky dApps this week! They include: Genesis Universe, AIRDROP HUNTER DeXe DAO Studio, Web3 Pilot, Quick Pay, Silo and Crystal. Check out the entire list here and stay safe!https://t.co/dsAe37Ijnh pic.twitter.com/BFGEYsGinH — BNB Chain (@BNBCHAIN) November 25, 2023 BNB Chain launched DappBay in July 2022, allowing users to discover new web3 projects while being kept abreast of their risk levels in real-time. At the heart of DappBay is its Red Alarm component, a risk screening tool that can help identify possible rug pulls and scam projects by checking logic flaws or fraud risks in smart contracts. This tool regularly updates its list with dapps and smart contracts that have been assessed as scams or deemed to carry an extr...

How Web3-powered streaming platform connects viewers and creators

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For too long, streaming has been a one-way street. But now, fans have a chance to unlock exclusive perks whenever they watch their favorite content. A Web3-powered stream ing platform , Replay vows to transform the entertainment industry — empowering viewers and creators alike. It allows audiences to be rewarded for their attention, all while unlocking new revenue stream s for talented individuals behind the camera. The entertainment world has changed dramatically in recent years, but some things remain the same. Revenue continues to be a one-way street — with consumers buying subscriptions or downloads for the content they want to see. And it’s a huge market — with the typical American watching TV for about three hours a day. This is the ultimate definition of passive consumption, with viewers getting nothing in return for the time investment they’re making. Likewise, for entertainment brands, interaction with their audience ends when the stream does: media brands have no actionabl...

Fantasy football game on Telegram: Fanton joins Cointelegraph Accelerator

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Fanton brings blockchain-based fantasy football to Telegram thanks to the IM service’s recent integration with the TON blockchain. What’s a better way than combining the world’s most popular sports with Web2’s most socialized aspects to introduce new users to Web3 through gaming? Association football, or soccer, boasts the largest fan base among sports enthusiasts, with over 3.5 billion estimated people rooting for their favorite teams. Built mainly for football fans, the fantasy sports industry, a vast network of virtual sports leagues where users can create their own teams, has also grown to become a $25 billion global market. Mixing fantasy football with blockchain features like nonfungible token (NFT) cards could create an ideal entry point to Web3 for the masses. However, current platforms present complex mechanics for newcomers, and most of them lack in-platform user interaction —a big loss considering the social aspect of fantasy football. Soccer superstars as collectible cards...

TON raises 8-figure sum from MEXC to make Telegram a Web3 super-app

Telegram founder Pavel Durov has repeatedly pointed out the role of the TON blockchain in the potential Web3 journey of Telegram. The Open Network (TON), a decentralized blockchain platform originally designed by Telegram, has secured major funding from the venture arm of the cryptocurrency exchange MEXC. TON has raised an eight -figure investment from MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, the firm announced on Oct. 4. In conjunction with funding, MEXC and the TON Foundation have entered into a strategic partnership aiming to promote global Web3 accessibility by lowering the barriers of entry. As part of the deal, MEXC crypto exchange will provide marketing services and promotion for the TON-based projects listed on their platform. The firm is also set to launch a TON collateral lending service and eliminate trading fees for the TON token. "The previous cost was the same for most cryptocurrencies on their exchange," TON Foundation’s dire...

Web3 is disrupting sports, entertainment, and culture in Asia | Opinion

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The impact blockchain technology is having on the entertainment, creative, and sports industries is profound. Web3 is revolutionizing how fans experience entertainment content and how they engage with their beloved sports athletes and teams. The web3 industry is disrupting sports, entertainment, and culture. This is particularly the case in Asia. You might also like: The rise of blockchain gaming in Asia has just begun | Opinion Hong Kong, for instance, has already taken bold steps to embrace the potential of the next internet. Hong Kong announced its eagerness to invest in web3 and shared its plans to become a leader in web3 innovation. Web3 is also fuelling the digital transformation in Southeast Asia, unlocking new opportunities, connecting communities, and accelerating adoption across the region. In Southeast Asia, ...

How can stablecoins transform SMEs in developing economies?

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In a rapidly globalizing world, SMEs in emerging economies face unique challenges in accessing the global financial system, but the rise of stablecoins offers a promising solution. Small businesses in developing countries face many financial challenges that stablecoins can address. DLTPAY, a Web3 payment and DeFi platform, offers a unified solution to access stablecoin operations and other Web3 services. Small and medium enterprises (SMEs) serve as the backbone of global economic development, comprising 90% of all businesses and accounting for 50% of worldwide employment, according to the World Bank. Their contributions span the gross domestic product (GDP) of developing and developed countries, but emerging economies depend even more on them. Overcoming financial barriers for emerging economies In Sub-Saharan Africa, a region home to 44 million SMEs, these enterprises sustain 80% of the populace, fueling economic growth and development. In Kenya, the small business sector makes up...

Robinhood launches fiat-to-crypto on-ramp for self-custody wallets and DApps

Robinhood Markets announced the launch of its new ‘Robinhood Connect’ service and numerous updates to its app. The launch of ‘Robinhood Connect,’ a fiat-to-crypto on-ramp featuring support for decentralized applications (DApps) and self-custody wallets, was announced at Consensus 2023 on April 27. Introducing our latest investment in crypto, Robinhood Connect: https://t.co/SmENSYufBA A low-cost, on-ramp for customers, and a seamless integration for developers. Learn more: https://t.co/rnBnR0LYww pic.twitter.com/6uSIAJkudO — Robinhood (@RobinhoodApp) April 27, 2023 Positioned as a competitor to similar services such as Coinbase Pay and MoonPay, Robinhood Connect essentially allows users purchase and sell cryptocurrency directly to and from their self-custody wallet or natively in DApps using a credit or debit card. Robinhood Connect Features integration with Web3 projects as developers can embed the service directly into applications. This allows customers to access their Robinhood ...

Amazon Deepens Crypto Presence With Cronos Partnership

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Traders immediately reacted to the announcement, with Cronos (CRO) price skyrocketing 8% in just an hour. The CRO price is currently trading at $0.075, up over 15% in the last 24 hours. advertisement Amazon Web Services Partners With Cronos Cronos in a tweet on April 26 revealed a partnership with Amazon Web Services (AWS) to support the growth of Web3 startups through the Cronos Accelerator Program. AWS will work with Cronos Labs to support the Web3 startups to scale and grow through the accelerator program to develop DeFi, GameFi, SocialFi, and Infrastructure applications. Cronos chain’s ecosystem will leverage the AWS Activate program to help startups and early-stage entrepreneurs. The partnership aims to boost blockchain technology’s adoption and integration in Web3 , providing startups with access to AWS’s resources and Cronos Labs’ expertise in blockchain development. Trending Stories ETH P...