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Web3 🌒 Saturday - Crypto Industry Evolves: Airdrops, Acquisitions, and Blockchain Integration

Web3 Roundup Sep 23, 2023
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Happy Saturday! Let's update Web3 news today!

1/ 🔥GMO Coin's SGB airdrop for XRP holders.
2/ ✅Coinbase Acquiring FTX Europe
3/ ☁️Google Cloud adds 11 new blockchain protocols to BigQuery.
4/ 💠Akowe's Blockchain-Based Certificate System.

For further details, let's keep reading! 👇

The crypto industry is constantly evolving. From airdrops to acquisitions to blockchain integration, there is something for everyone to be interested in.
Stay tuned for more updates on the latest developments in the rapidly evolving world of crypto!

1/ GMO Coin's SGB airdrop for XRP holders. 🔥

GMO Coin's announcement of a special SGB airdrop for XRP holders presents an exciting opportunity in the crypto world. The Songbird (SGB) token distribution demonstrates how exchanges are exploring innovative ways to encourage and retain cryptocurrency investors. As XRP's fortunes have swayed due to regulatory and legal matters, this airdrop is a welcomed development, offering some positivity to XRP enthusiasts. It also underscores the growing importance of Asia in Ripple's global expansion strategy, showcasing its efforts to solidify its presence in the region with strategic partnerships and regulatory approvals.

Guest Post by CoinNess Global: Japan’s GMO Coin Announces Special SGB Airdrop for XRP Holders | CoinMarketCap

2/ Coinbase Acquiring FTX Europe. ✅

Coinbase's reported talks to acquire FTX Europe mark a significant move within the cryptocurrency exchange landscape. If successful, this acquisition would further consolidate Coinbase's position as a major player in the crypto industry. The move could potentially expand Coinbase's reach into the European market, offering a broader range of services to users in the region. It also shows the growing interest of established crypto firms in acquiring their competitors or complementary businesses as the industry continues to evolve and mature.

Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune
This is part of Coinbase’s desire to expand its derivatives business, according to the article, which added that acquisition talks never reached a “late stage.”

3/ Google Cloud adds 11 new blockchain protocols to BigQuery. ☁️

Google Cloud's addition of 11 new blockchain protocols to its BigQuery data warehouse is a significant development in the integration of blockchain technology with cloud services. This expansion allows developers and businesses to analyze blockchain data more effectively and derive valuable insights from various blockchain networks. As blockchain continues to permeate various industries, Google Cloud's move demonstrates the increasing demand for robust blockchain data solutions to drive innovation and decision-making in the digital age.

Google Cloud adds 11 blockchains to data warehouse ‘BigQuery’
Google Cloud launched its public data sets for Bitcoin and Ethereum in 2018 and has now expanded to 19 networks in total.

4/ Akowe's Blockchain-Based Certificate System. 💠

Akowe's initiative to leverage blockchain technology for revamping Africa's certificate system holds the potential to address long-standing issues in the region's education and job market. By providing a secure and verifiable platform for storing and sharing academic credentials, Akowe aims to combat fraud and streamline the credential verification process. This innovative approach aligns with the broader global trend of using blockchain for credentialing and could significantly benefit African students and job seekers, enhancing their access to opportunities while reducing the risk of counterfeit qualifications. It showcases how blockchain can be a catalyst for positive change in critical areas like education and employment across the continent.

Akowe wants to fix Africa’s broken certificate system with blockchain | TechCrunch
The crypto industry has long been criticized for its disconnection with the real world, but there are players who try to show that the underlying

Conclusion: These developments are all positive for the crypto community, and they suggest a bright future for the industry. As more and more people adopt cryptocurrencies and blockchain technology, we can expect to see even more exciting developments to come.


Disclaimer: The information provided in this blog post is based on external sources. Please do your own research and due diligence before making any investment or financial decisions based on the content shared here.

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