Saudi Arabia has launched a Web3 alliance group as part of its Saudi Vision 2030 program that aims to diversify the country’s economy. The newly construed Web3 Alliance of Saudi Arabia (WASA) will bring together players from the international Web3… Read More »Animoca Brands, The Sandbox Join Web3 Alliance Group in Saudi Arabia
Coinbase is sharpening its focus on expanding the reach of Web3 projects built on its Layer-2 network, Base. In a recent move, the crypto exchange announced the acquisition of Spindl, an onchain advertising platform, for an undisclosed amount. With this… Read More »Coinbase Acquires Onchain Ad Platform Spindl to Boost Visibility of Base-Powered Web3 Projects
Tether, the blockchain firm which issues the USDT stablecoin, has forayed into a new branch of Web3 before 2024 ends. The company has poured in $2 million (roughly Rs. 17 crore) into Arcanum Capital’s Emerging Technologies Fund II. Arcanum is… Read More »Tether Backs Arcanum Capital’s Web3 Fund With $2 Million Investment
Companies are fine-tuning tools like ChatGPT, Bing Chat, Gemini, and DALL-E 2 to cut costs in customer service, content creation, and more. However, most businesses remain cautious, testing these tools rather than deploying them at scale. Challenges include hallucinations (generating… Read More »Belying expectations: Five tech letdowns of 2024
The Vishvasya Blockchain Technology Stack. that was unveiled back in September, is now being implemented across an array of sectors. The development was recently disclosed by Jitin Prasada, the minister of state (MoS) for electronics and information technology (MeitY), to… Read More »Vishvasya Blockchain Stack Being Used to Verify Apps, Property Transactions: MoS IT
Meta is researching and developing new AI models, that could have potential uses in Web3 applications. The Facebook parent firm has released an AI model called Meta Motivo, that can control the bodily movements of digital avatars. It is expected… Read More »Meta's Motivo AI Model Could Deliver More Lifelike Digital Avatars: Here's How it Works
