Web3

Web3 Firm Magic Summons $52 Million With PayPal Ventures’ Help
Web3 Firm Magic Summons $52 Million With PayPal Ventures’ Help
May 31, 2023  |  Investments

Wallet-as-a-Service provider Magic has raised $52 million in a round led by PayPal Ventures. The strategic funding round will help the company further its mission...

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Visa Selects Startups for Accelerator Program in Asia Pacific
Visa Selects Startups for Accelerator Program in Asia Pacific
May 16, 2023  |  Startups

Visa has selected seven startups for its 2023 Visa Accelerator Program in Asia Pacific. Selected from among 450 applicants, the seven startups are Dowsure (Mainland China), Doxa Holdings (Singapore), Kadmos (Germany), Pi-xcels (Singapore), Playbux (Thailand), Transpure (India) and Twid (India), Visa said in a...

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Mastercard Unveils Standards to Verify Interactions Using Blockchain Networks
Mastercard Unveils Standards to Verify Interactions Using Blockchain Networks
April 28, 2023  |  Blockchain

Mastercard has unveiled standards and infrastructure that will help verify interactions using blockchain networks. The new Mastercard Crypto Credential is meant to ensure that financial...

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Cosmose AI Valued at $500 Million and Adding Web3 Capabilities
Cosmose AI Valued at $500 Million and Adding Web3 Capabilities
April 24, 2023  |  artificial intelligence

Cosmose AI has received an investment that values it at $500 million. The firm will use the new investment from the Web3 technology focused Near...

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Mattel to Launch P2P Virtual Collectibles Marketplace
Mattel to Launch P2P Virtual Collectibles Marketplace
April 20, 2023  |  NFTs

Toymaker Mattel is turning its virtual platform into a peer-to-peer (P2P) marketplace for collectors. The company announced the forthcoming update in a Thursday (April 20)...

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Airswift CEO Says Decentralized Payment Protocols Are Crypto Sector Savior
Airswift CEO Says Decentralized Payment Protocols Are Crypto Sector Savior
April 03, 2023  |  Cryptocurrency

After the disastrous events concerning cryptocurrency over the past few months, industry observers are wondering — does crypto have a future? Dr. Yan Zhang, CEO...

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Aéropostale to Launch Immersive Shopping and Perks in Metaverse
Aéropostale to Launch Immersive Shopping and Perks in Metaverse
March 20, 2023  |  Retail

Aéropostale has partnered with MetaversePlus to offer immersive shopping, socializing and gaming in the metaverse. The first of four major phases of the fashion retailer’s...

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Worldline’s New Virtual Mall Helps Merchants Try Metaverse
Worldline’s New Virtual Mall Helps Merchants Try Metaverse
March 09, 2023  |  Metaverse

Payments firm Worldline plans to help companies do business in the metaverse. The French company announced in a Thursday (March 9) press release it has...

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Coinbase Simplifies Entry to Web3 With Wallet-as-a-Service
Coinbase Simplifies Entry to Web3 With Wallet-as-a-Service
March 08, 2023  |  Mobile Wallets

Coinbase has launched a business service that makes it easier for companies to onboard their users to Web3. The new Wallet-as-a-Service (WaaS) enables companies to...

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