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Web3
Web3, or Web 3.0, represents the next generation of internet technology, integrating blockchain and cryptocurrencies into everyday online interactions. It's a decentralized online ecosystem where users have control over their data and transactions. Web3 is powered by blockchain networks, providing transparency, security, and trust. It's a key concept in the crypto world, involving various people, from developers and investors to everyday users. Companies are leveraging Web3 to create decentralized applications (dApps), offering users new ways to interact online. Crypto exchanges play a crucial role in Web3, facilitating the trading of digital assets and tokens that fuel the ecosystem. Web3 represents a paradigm shift, offering opportunities for investment, innovation, and the potential to reshape the internet.
Algorand Foundation CEO on Crypto-Staking After Kraken’s SEC Settlement
Coinbase CEO Brian Armstrong says he's heard rumors the U.S. Securities and Exchange Commission would like to ban retail investors from engaging in cryptocurrency staking. Algorand Foundation CEO Staci Warden discusses what this could mean for crypto stakers, as Kraken shut its staking services as a part of its SEC settlement. Plus, the latest on Algorand Foundation's partnerships in India for Web3 growth.
Rihanna Song Offered as NFT With Royalty Sharing Ahead of Super Bowl
A popular song released by music artist Rihanna was offered as a non-fungible token (NFT) through Web3 music startup anotherblock on Thursday, allowing holders to receive partial streaming royalties. The NFT drop comes ahead of Rihanna's Super Bowl LVII halftime performance on Sunday. "The Hash" panel discusses the latest move bringing together the worlds of crypto, sports, and entertainment.
Hedera's HBAR Token Spikes as Dell Joins Hedera Governing Council
Computer manufacturer Dell has become a member of the Hedera Governing Council to develop decentralized applications to help its customers with their blockchain and Web3-related ventures. Hedera's HBAR token spiked higher on the news. "The Hash" panel discusses Dell's association with blockchain and crypto that goes back nearly a decade.
A Second US Property Is Sold Via NFT, Roofstock Says
Digital real estate platform Roofstock sold a second property in Alabama through a non-fungible token (NFT). It was enabled by its Web3 subsidiary Roofstock onChain. "The buyer was a Web2 buyer," says Head of Web3 Initiatives Sanjay Raghavan. He explains how the transaction was settled.
Roofstock Onchain Sells Alabama Property Via NFT
Digital real estate platform Roofstock announced last Friday that it sold a rental property in Alabama for $180,000 through a non-fungible token (NFT) enabled by its Web3 subsidiary, Roofstock onChain. Roofstock onChain Head of Web3 Initiatives Sanjay Raghavan discusses the details of the sale and the future of the real estate market.
EBay Expands Web3 Push with New Job Postings
Leading e-commerce site eBay is hiring several Web3 roles focusing on KnownOrigin, the non-fungible token (NFT) marketplace the company acquired in June. "The Hash" panel discusses the latest move potentially bringing Web3 and NFT awareness to the mainstream.
