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Wire Wallet launches app, Animoca Brands receives license, Cardano becomes second-largest blockchain, and other Web3 news

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  • Wire Wallet, a Miami-based crypto startup, will launch its non-custodial ‘active wallet’ app on May 27, designed to automate financial actions for users while allowing them to retain control of their assets. (📰Crowdfund Insider)
  • Projects like My Neighbor Alice are focusing on user experience in Web3 gaming to facilitate mass adoption by simplifying entry points and reducing the intimidation of complex crypto jargon. (📰KuCoin)
  • 1inch has highlighted the importance of MEV protection for DeFi traders, as bots can exploit public on-chain swaps, leading to reduced execution quality and increased slippage; the company has implemented an intent-based execution model to mitigate these risks. (📰TronWeekly)
  • Animoca Brands has received a license from VARA to provide virtual asset services to institutional investors in Dubai, enhancing its ability to engage with Web3 foundations and supporting its regional expansion strategy. (📰CoinMarketCap)
  • Cardano has become the second-largest Layer 1 blockchain by validator count, operating with approximately 2,900 validators, which strengthens its reputation for decentralization in the crypto industry. (📰Cryptonews.net)
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