#Web3

The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to CyberKongz, signaling heightened regulatory action. This development raises fresh concerns about the future of web3 gaming.

The Pudgy Penguins NFT collection surged past $100,000 ahead of the expected token airdrop. According to the NFT marketplace OpenSea, its floor price reached over $106,000 (27.4 ETH).

Yuga Labs, the powerhouse behind Bored Ape Yacht Club and ApeCoin, announced the acquisition of Tokenproof, a Web3 tokenization service, along with its technical team.

Project Liberty has teamed up with SOAR to propose a user-driven alternative to centralized social media platforms.

On October 24, Ankr, a decentralized Web3 infrastructure provider, announced its support for the TON blockchain, aimed at facilitating the development of Telegram-focused dApps. This move seeks to make the process of building applications in the TON blockchain ecosystem, which is tightly connected to Telegram, more efficient.

The developers of the Web3 social network Friend.Tech transferred control over the project’s smart contract to Ethereum's null address, effectively freezing the platform. This move means no further updates or modifications can be made, and all future revenue will be burned.

On July 31, Telegram messenger announced an update that introduces several new features, including an integrated Web3 browser and a mini-app store.