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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.
Zerion Raises $12.3M to Facilitate Interoperable Web3 Identity
Originally a DeFi platform that released a Web3 wallet in May, Zerion now aims to make Web3 data and identity transition seamless across applications.
DappRadar Says It’s Recalculating Decentraland User Data
The data tool is working with the metaverse platform to more accurately track its number of daily “active" users following a CoinDesk report.
CNN Shutters Vault NFT Marketplace, Prompting Rug Pull Accusations
The cable news network said the platform was originally launched in June 2021 as a six-week experiment.
CNN Shuts Down its Web3, NFT Project 'Vault'
"The Hash" panel reacts to cable news network CNN shutting down its Web3 project "Vault," exploring the potential impact of crypto winter.
Google Collaborates With Coinbase to Accept Crypto Payments for Cloud Services
Google will start accepting crypto payments for cloud services early next year via an integration with crypto exchange Coinbase. "The Hash" panel discusses Google dabbling in Web3 and the potential outcomes.
OpenSea Aims for an Avalanche of NFT Interest
Avalanche is best known for its DeFi presence, but it is making strides to establish itself in the NFT space with its launch on OpenSea.
Lit Protocol: Public Key Infrastructure for a Decentralized World
Lit Protocol's David Sneider, a presenter at the CoinDesk I.D.E.A.S. conference, wants to decentralize public key cryptography.
How Jump Crypto Is Supporting Web3 Projects Across the DeFi Ecosystem
Steve Kaminsky, who works in special projects at the firm, shares how Jump Crypto is helping Pyth in its efforts to solve the oracle problem.
