Tomo Secures $3.5 Million Funding for SocialFi App

In the world of SocialFi, Tomo, an influential figure, has successfully raised $3.5 million in a funding round with Polychain Capital spearheading the investment. Renowned investors such as Consensys, Symbolic Capital, and OKX Ventures also joined this round. This substantial injection of funds marks a major milestone for Tomo as it continues its journey towards … Read more

Swiss National Bank Explores Crypto and CBDC Possibilities

Thomas Jordan, the leader of SNB (Swiss National Bank), suggested an idea for a cryptocurrency that the general public could utilize. During his speech in Zurich, Mr. Thomas Jordan noted that banks hold some natural advantages over digital currencies and blockchain-based projects when it comes to streamlining payment processes. This advantage can significantly benefit both … Read more

Gen Zers Prefers Crypto Over Stocks: Policygenius Survey

According to a recent survey conducted by Policygenius amongst 4,063 American adults through YouGov, there’s been a shift in investment preferences among Gen Z towards cryptocurrency compared to traditional stocks. Approximately 20% of Gen Z respondents reportedly own crypto assets, while only 18% have investments in the stock market. The ownership of cryptocurrency among older … Read more

Wilder World Metaverse Coming to Samsung Smart TVs

In simpler terms, Wilder World, an online multiplayer game known as the “GTA of Web3,” partners with Samsung to expand its metaverse reach to a vast audience. This partnership is facilitated through Samsung’s Gen|3|Gate project, which aims to incorporate Web3 technology into their TVs and other devices. The co-founder of Wilder World Frank Wilder expressed … Read more

EU’s MiCA Regulation Fails to Boost Euro Crypto Transactions

The European Union’s digital asset regulation, MiCA, concluded in 2023 but won’t fully take effect until the end of the year. Contrary to expectations, the ESMA report released on Wednesday revealed that MiCA hasn’t led to a significant increase in euro-denominated crypto transactions. The key insights from this study are that around six in ten … Read more