Boba Network Launches $1M Accelerator for Web3 Startups
In partnership with Brinc, a global leader in venture acceleration and corporate innovation, the Boba Liftoff Accelerator helps founders move their projects to the Boba Network.
Redpill AI Secures $5 Million to Advance Decentralized AI Technology
The capital raised will enhance Redpill’s technological infrastructure and expand its global presence, keeping the platform at the forefront of decentralized technology.
Pudgy Penguins Parent Company Igloo Secures $11M for New Layer 2 Blockchain
Abstract is a new Layer 2 blockchain being built using Matter Labs’ ZK Stack and EigenLayer’s data availability layer EigenDA to help make the process of developing decentralized apps easier, cheaper, and safer.
Indian Finance Minister Ignores Crypto Industry’s Budget Tax Plea
The Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget speech on July 23 made no mention of cryptocurrencies. It has left the crypto industry in India in a state of uncertainty.
Blockchain Audits Reveal High Frequency of Logic Errors and ZK Vulnerabilities
Veridise conducted an analysis of 100 audit projects from its database, encompassing various smart contracts, blockchain implementations, and zero-knowledge solutions. The data set revealed a total of 1605 issues, with 1533 issues having identifiable types.
The Economic Survey Warns India of AI’s Job Market Shake-up
Led by Chief Economic Advisor V Anantha Nageswaran, the survey highlighted that as AI becomes more advanced and widespread, it introduces significant uncertainty about its impact on workers of all skill levels—low, medium, and high.
Bitrue Ventures Launches Web3-Focused $40M Investment Fund
This fund will be distributed among various startups and developers involved in Web3, with individual investments potentially reaching up to $200,000 per project.
Planetarium Labs and Immutable Join Forces for Immortal Rising 2
Immortal Rising 2 will inherit the beloved features and mechanisms of its predecessor, enhanced with improved stylish combat action, an isometric view, diverse skill tree combinations, engaging guild content, and sustainable tokenomics.
WazirX Takes Legal Action, Reports $234.9M Hack to FIU and CERT-In
“We’re reaching out to 500+ exchanges to block the identified addresses. Many exchanges are cooperating with us, and we are actively working with them on additional resources to aid our recovery efforts,” said WazirX.
Polygon’s MATIC to POL Upgrade Set for September 4th
In the initial phase, POL will become the gas and staking token of Polygon PoS. In subsequent phases, the community can decide to expand the utility of POL to serve a crucial role in the AggLayer.