The Middle East region remains a central hub and area for Web3 and blockchain technologies. The region continues to play a huge role in these technologies adoption. The Middle East & Africa blockchain market is anticipated to increase from US$ 199.37 million in 2021 to US$ 7,615.09 million by 2028. The massive adoption comes from numerous factors. These factors include widespread mobile and…

LBRY alleges Apple forced it to censor certain terms during COVID-19

After Elon Musk lamented the winding back of Apple’s Twitter advertising, crypto company LBRY replied about its own troubles with Apple and censorship.

Web3 Firm Chain Reveals Multi-Year Partnership With the New England Patriots

The Web3 software solutions company Chain announced the company has partnered with Kraft Sports + Entertainment, the owners and operators of the New England Patriots, New England Revolution, Gillette Stadium, and Patriot Place. Chain details that the multi-year deal will allow the company to serve as the company’s “official blockchain and Web3 sponsor.” Chain Inks a Deal With Kraft Sports +…

FIFA to Launch NFT Platform for Soccer Fans

The international soccer governing body, FIFA, has announced the upcoming launch of an NFT platform for fans of the sport across the globe. FIFA+ Collect will offer digital collectibles perpetuating the greatest game moments of FIFA’s world cups, the organization promised. FIFA Develops NFT Platform in Partnership With Blockchain Firm Algorand The International Federation of Association Football…

Defi Marketplace and NFT Platform Arcade Raises $15 Million in Series A Funding Round

The decentralized finance (defi) marketplace, non-fungible token (NFT) financialization platform, and lending application Arcade has announced the company has closed a Series A investment round for $15 million. Just recently, Arcade facilitated an onchain loan of $800,000 against an NFT portfolio from a lender with over $10 billion. Arcade Raises $15 Million in Series A Co-Led by Pantera Capital,…