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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.
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.
DIMO Helps Drivers Gain and Monetize Their Car Data
Co-founder Andy Chatham explains how the open-source, decentralized project wants to help drivers tap into the valuable car data market.
Bitcoin Slips as Macro Clouds Loom Over Market
Bitwise Asset Management President Teddy Fusaro discusses his crypto markets analysis and outlook as investors await the latest consumer price index (CPI) data and the minutes of the Federal Reserve’s last meeting out this week. Plus, insights into launching the Bitwise Web3 ETF and institutional activity.
It's Lonely in the Metaverse: DappRadar Data Suggests Decentraland Has 38 ‘Daily Active’ Users in $1.3B Ecosystem
Data from DappRadar suggests metaverse platforms Decentraland and The Sandbox each have fewer than 1,000 "daily active" users, despite $1 billion valuations. The platforms say these numbers don’t tell the full story.
Warner Music Group Continues Web3 Expansion With New Metaverse Job Posting
Music and entertainment conglomerate Warner Music Group (WMG) is continuing to expand its Web3 strategy, evident in its latest job posting for a senior director for metaverse development. "The Hash" group discusses Warner Music's latest Web3 push and the implications for mainstream adoption.
