#Web3

As per the announcement, Ubisoft and Immutable are jointly developing “an innovative gaming venture poised to unleash the full potential of Web3.”

The Trust Wallet project has launched the Wallet as a Service (WaaS) platform, designed to enable companies to quickly and securely integrate decentralized services.

The company behind the renowned blockchain game, The Sandbox, has acquired the majority stake in Web streaming platform Azarus. The exact deal amount remains undisclosed.

The purpose of the crypto fund is to raise funds for Israeli citizens in need of humanitarian assistance.

OKLink and CertiK are launching the Freeze Asset Request (FAR) standard to simplify the freezing of stolen assets and bolster Web3 security. Exchanges often lag in responding to asset-freezing requests following a hack due to their in-house systems, but this innovation aims to rectify that situation.

Binance has introduced its new Web3 wallet, offering compatibility with thirty different blockchains and a range of standard features (trading, staking, and NFTs). The company's objective is to compete with well-established applications like MetaMask and Trust Wallet, although the latter is already part of the exchange’s portfolio.

Robby Yung, the CEO of Animoca Brands, has revealed that due to a shortage of capital, investors in the realm of Web3 games have become increasingly demanding when it comes to new projects. They now expect to witness substantial progress at the early stages of development.