Web3
NFT Now Cuts Jobs in Restructuring Move
Alejandro Navia, President of NFT Now, tweeted that the Web3 publication had “over-hired.” Meanwhile, another founder of NFT Now had his Twitter account hacked over the weekend.

Could Twitter's 'X' Revamp Signal Shift to Rise of Social Dapps?
DappRadar has published a new report focused on the impact of social dapps, or decentralized applications, in the Web3 ecosystem. This comes as social media giant Twitter recently rebranded to "X." DappRadar Head of Research Pedro Herrera discusses the key takeaways from the report and the outlook for the growth of the social dapp industry.

Fantasy-Sports Firm Sorare Looks to Increase Appeal by Diluting Crypto Association
While Sorare has over 5 million registered users, it is looking to fuel further growth by adding support for the U.S. dollar, euro and British pound.

Reddit Returns With New NFTs and Crypto Twitter Leaves Threads on Read
Reddit launched Gen 4 of its NFT Collectible Avatars while Amazon expanded its blockchain tools. Also, crypto influencers shared thoughts on Threads and indicated that they aren’t ready to leave Twitter just yet.

Meta Aims to Recharge Lagging Horizon Worlds Metaverse With New In-House Game Studio
The struggling VR platform reported losses of $3.7 billion in the second quarter, though CEO Mark Zuckerberg remains "fully committed" to the metaverse and AI.

Safary Co-Founder on Web3 Growth Landscape
Safary Club is out with a recent report exploring the state of Web3 growth startups. The data reveals more than $600 million has been raised across 71 companies. Safary co-founder Justin Vogel discusses the key takeaways, along with his outlook on whether Web3 is getting its marketing right.

Yuga Labs Hopes to Rile Up Its Bored Apes With Latest Otherside Demo
The NFT mega-company has been hard at work building out a virtual playground for its Web3 community, and its latest live demo is aimed at bringing Bored Ape Yacht Club holders back to the center of its universe.

Near to Help Colombian Web3 Social Network Blumer Build Token Infrastructure
Users will be able to convert Blumer tokens for other cryptocurrencies and withdraw to wallets.

Suku May Beat Musk to Crypto Twitter Payment Adoption
Last week, Web3 wallet Suku teamed up with Polygon to release a free open-edition NFT collection – during which users minted over 50,000 NFTs directly on Twitter.

Amazon Expands Web3 Reach With Cloud Tools That Help Blockchain Developers
The tech giant moves deeper into Web3 infrastructure with AMB Access and Query services for developers.

