News Recap April ‘23

Published on:
Jan 29, 2024
Written by:
WWVentures
Read time:
5
Category:
News

News From Our Partners

Insrt Finance

Insert launched a Bong Bears ShardVault In partnership with Berachain on April 11th, which sold out in 14 minutes! Later in the month, the multi-asset Pudgy Penguins Vault went live. Regardless of the vault, all Sharders earn passive income on their NFTs without giving them up! Click here to become one.

Dolomite

The Dolomite team crossed significant milestones in April: In less than 15 days after announcing support of GMX’s $GLP token, deposits reached $1M on Dolomite’s decentralized protocol. Shortly after, support of Arbitrum’s $ARB and MIM’s $mGLP were announced. Congratulations to the Dolomite team for bringing their vision to life!

Rise

Rise concluded their seed round with $3.8M in funding. This was announced right before CEO Hugo Finkelstein gave a keynote at Consensus 2023 to showcase their B2B solutions. As crypto-fiat payroll payments have long been ready for an upgrade, we truly believe in their customer acquisition potential!

Ethos

Ethos announced many partnerships in April, notably with Notifi, Sui Name Service (SuiNS), and Cosmocadia. In parallel, many more DApps were added to the Ethos Wallet for expanded functionalities. Finally, the team wrote a blog article on the Sui Mainnet launch and what it means for them; click here to read it.

Airstack

Airstack showcased their innovative AI tooling at ETH Tokyo 2023, garnering significant interest from attendees. In addition, the event competition winner Satori Drop, a project leveraging Airstack’s capabilities to target users for Airdrops based on their historical on-chain behaviors.

Taiko

In a bold transparency-first move, Taiko made its entire project board public; click here to take a look. The team was also present at ETH Tokyo 2023, during which its founder Daniel Wang gave a keynote to present recent accomplishments and their roadmap.

Assetdash

Assetdash announced the Vanta NFT on Solana: without going too much into detail, the team promises a “perfect blend of immense utility, digital scarcity, and more”. Whitelist spots were given on May 5th, and the mint is scheduled for later this summer.

Aleph Zero

Aleph Zero launched a $50M ecosystem funding program in April, which will include funding grants of up to $500K, mentoring, Amazon Web Services usage credits, cybersecurity consulting services, and more! The program will focus on privacy first. Read all about it here.

Nifty Island

Through partnerships such as with Hologram Labs, Nifty Island is making the Metaverse truly interoperable: BAYC holders can now use their NFTs as playable characters in-game. The team has also announced they will be the first to ingest HEAT’s NFT-based animations library, which will drastically reduce animation work time.

WWVentures Announcements

We announced our partnership with Zash; click here for the article.

Major Headlines in Crypto

Consensus conference highlights the growing legitimacy of cryptocurrencies

https://www.kitco.com/news/2023-04-26/Consensus-conference-highlights-the-growing-legitimacy-of-cryptocurrencies.html

Google Cloud partners with Polygon Labs, adding yet again to its growing roster of Web3 firms

https://fortune.com/crypto/2023/04/27/google-cloud-partners-with-polygon-labs-adding-yet-again-to-its-growing-roster-of-web3-firms/

What is Ethereum’s Shanghai Update?

https://www.forbes.com/advisor/investing/cryptocurrency/ethereum-shanghai-upgrade/

Apple’s outside payments ban ruled as unlawful in likely win for NFTs and crypto

https://cointelegraph.com/news/apple-s-outside-payments-ban-upheld-as-unlawful-in-likely-win-for-nfts-and-crypto

Circle introduces cross-chain USDC protocol

https://cryptoslate.com/circle-introduces-cross-chain-usdc-protocol/

US government holds $6B worth of Bitcoin: Glassnode data

https://cryptoslate.com/us-government-holds-6b-worth-of-bitcoin-glassnode-data/

Hyperledger Foundation Announces Six New Members; Unveils Dynamic DLT Landscape

https://www.prnewswire.com/news-releases/hyperledger-foundation-announces-six-new-members-unveils-dynamic-dlt-landscape-301806160.html

Web3 As A Service: Exploring Real-World Applications Of Blockchain Tech

https://www.forbes.com/sites/forbesbusinesscouncil/2023/05/02/web3-as-a-service-exploring-real-world-applications-of-blockchain-tech/

Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain

https://news.bitcoin.com/digital-real-pilot-to-run-on-ethereum-compatible-permissioned-blockchain/

The Central Bank of the UAE (CBUAE) selects R3, G42 Cloud and Clifford Chance to assist CBUAE in implementing its CBDC Strategy

https://r3.com/press-media/central-bank-of-uae-cbuae-selects-r3-g42-cloud-and-clifford-chance-to-assist-cbuae-in-implementing-its-cbdc-strategy/

Robinhood Crypto reveals new wallet feature, and Google announces web3 tools: CNBC Crypto World

https://www.cnbc.com/video/2023/05/01/robinhood-crypto-wallet-feature-google-web3-tools-cnbc-crypto-world.html

Nike Kicks .Swoosh into Gear with its Inaugural NFT Drop

https://nftplazas.com/nike-swoosh-nft/

More guidance on trade marks and NFTs in the metaverse: INTA publishes white papers, UKIPO provides guidance for classification

https://www.lexology.com/library/detail.aspx?g=dda22798-46d0-433f-a68b-580f12618f87

US judge sides with Yuga Labs in Bored Ape NFT trademark lawsuit

https://www.reuters.com/legal/litigation/us-judge-sides-with-yuga-labs-bored-ape-nft-trademark-lawsuit-2023-04-24/

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DISCLAIMER: Content in this article does not constitute financial advice. Cryptocurrencies are volatile assets. Always do your own research and invest at your own risk.

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