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.


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Binance Unveils Self-Custody Wallet; HSBC to Start a Custody Service for Tokenized Securities

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including new details about Binance's self-custody Web3 wallet. OpenSea's valuation was reportedly slashed by 90% from an investor. HSBC plans to start a custody service of tokenized securities for institutional clients. And, new data shows the rate of new cryptocurrency creation has dropped to a three-year low.

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Circle’s Chief Strategy Officer on Future of Stablecoins, Crypto Regulation

As part of CoinDesk's State of Crypto 2023 event in Washington, D.C., Circle's Chief Strategy Officer and Head of Global Policy Dante Disparte discusses the future of stablecoins and the regulatory implications around the $123 billion asset class. This comes as Circle released an upgrade for its Web3 programmable crypto wallet that allows merchants to take over and pay for their customers' transaction fees.

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Alex Tapscott: Web3 as Internet's Next Frontier

From tech monopolies to the synergy of AI and blockchain, Alex Tapscott, author of “Web3: Charting the Internet’s Next Economic and Cultural Frontier,” dissects the trajectories of the digital landscape. In a Word on the Block interview with Forkast Editor-in-Chief Angie Lau, Tapscott said it’s time for investors to view blockchain technology for its innovation and not price movements of cryptocurrencies.

Word on the Block

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Author Alex Tapscott Explains Why Web3 Will Be a 'Steamroller'

Alex Tapscott, author of the new book "Web3: Charting the Internet's Next Economic and Cultural Frontier," discusses the biggest benefits and misconceptions about the new iteration of the World Wide Web. "Web3 is going to be a steamroller," Tapscott said. "It's going to flatten the world in ways we haven't really anticipated."

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Opinião

O que a Cripto Pode Aprenda com as Revisões Regulatórias no PayPal, Robinhood e Revolut

A supervisão regulatória é uma força de legitimidade e estabilidade para empresas com novas ideias, escreve Anne-Sophie Cissey, da Flowdesk.

paypal logo on a smartphone booting up the payments app (Marques Thomas/Unsplash, modified by CoinDesk)

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Crypto, Web3 Communities in Israel Establish Aid Fund

Crypto and Web3 communities in Israel are raising funds for Israeli citizens who have been displaced and are in need of humanitarian aid due to the outbreak of war with Hamas. MarketAcross Vice President of PR and Communications Orian Tal, along with CryptoJungle CEO and Crypto Aid Israel co-organizer Ben Samocha, share insights into the ongoing conflict and the donations they're receiving from the crypto community.

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Ethereum Network 'Remains the Place to Operate as a Criminal,' Immunefi CEO Says

A new report from Immunefi, which is a bug bounty and security services platform for Web3, found that more than $1 billion was lost in crypto this year and more than $600 million was lost last quarter. Immunefi Founder and CEO Mitchell Amador discusses the details of the report and the outlook for DeFi.

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Road Ahead for Crypto Adoption in Asia

CoinDesk executive director of global content Emily Parker discusses a high-level overview on the state of crypto adoption in Asia, after returning from a whirlwind trip overseas. Parker shares insights into the sentiment towards NFTs, Web3 gaming, and the nuances of Hong Kong's approach to the digital asset market.

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Animoca Brands Executive Chairman Yat Siu: 'There Is Capital Going Into Web3'

Blockchain gaming firm Animoca Brands raised $20 million to advance its metaverse project "Mocaverse." Animoca Brands co-founder and Executive Chairman Yat Siu discusses what this means for the future of the metaverse and the broader Web3 ecosystem. "To set the record straight, there is capital going into Web3," Siu said.

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Fireblocks CEO on Non-Custodial Wallet Service Demand in Wake of FTX Collapse

A new non-custodial wallet-as-a-service is offering fintech and corporate clients from acting as custodians, in an effort to make it easier for end users to access DeFi and other Web3 apps. Fireblocks co-founder and CEO Michael Shaulov shares insights into the move. "On the back of what happened with FTX, Celsius, and other entities last year...we've seen a lot of demand from end users to get clarity on what is the control of their wallets," Shaulov said.

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