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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.
Fintech Cooling Ahead?
A report warns over consolidation, but sees some bright spots for blockchain and Web3 sector. Will there be light at the end of the tunnel for Bitcoin? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
CoinShares Releases Experimental AI Bot That Tries to Calculate the Fair Price for an NFT
The digital asset management platform said the new tool aggregates different data sets to determine how much an NFT on OpenSea might be worth. But some users weren't happy with lower-than-expected numbers.
How Taiwan is Approaching Crypto Regulation
Taipei-based Forkast News Staff Writer Timmy Shen joins "Community Crypto" host Isaiah Jackson to discuss Taiwan's state of crypto affairs, including its measured regulation approach, retail central bank digital currency (CBDC) test, and Web3 initiatives for combatting cyberattacks.
Despite Crypto Bear Market, Web3 Developers Are Still Building, Study Shows
A report from Web3 developer platform Alchemy shows the number of smart contracts deployed on Ethereum has increased by 40% since the end of the first quarter, despite ether’s 60% price plunge this year.
'It’s Always the Community': Web3 and the Future of Movies
Lindsey McInerney on why entertainment will bring the first 100 million people to Web3.
New York Cares Non-Profit Highlights Using Web3 for Good With NFT Fundraise
The Stand with Students initiative, dedicated to supporting underprivileged youth, will feature over 16,000 digital pieces created by Open AI’s DALL-E.
UK Lawmaker Matt Hancock Doesn’t Regret Pro-Crypto Swerve
The former cabinet minister is pushing for the government to be more pro-innovation.
Crypto Sleuth ZachXBT’s Efforts Lead to Prosecution of Alleged Bored Ape NFT Scammers
The phishing scam, where people were defrauded out of millions of dollars worth of NFTs, was brought to light in August.
Google’s Partnership With Coinbase Is ‘Validation’ for the Crypto Industry: Oppenheimer
Owen Lau, senior analyst at investment bank Oppenheimer, joined “All About Bitcoin” to discuss what Google’s partnership with crypto exchange Coinbase could mean for other crypto-native companies.
