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.


Markets

Web3 Gaming Has a Long Way to Go Before It Becomes Mainstream, Survey Says

A study from Coda Labs shows that only 3% of gamers own an NFT and generally don’t have positive feelings about crypto.

(PonyWang/Getty Images)

Markets

Three Arrows Capital's Liquidator Takes Possession of Starry Night NFT Wallet

Teneo, a consulting firm that is handling Three Arrows' liquidation, cited the help of pseudonymous NFT collector Vincent Van Dough.

"A slight lack of symmetry can cause so much pain," by Dimitri Cherniak – one of the NFTs in Starry Night's collection. (SuperRare)

Web3

Andrew Yang, an Ex-US Presidential Candidate, Joins Web3 Platform Pool Data as Adviser

The data monetization platform is launching crypto-based market infrastructure, payments rails and consumer-ready app tools.

Andrew Yang is raising money for a new company that combines cryptocurrency and charity. (Danny Nelson/CoinDesk)

Web3

Three Arrows-Backed 'Starry Night' NFT Collection Moved to Gnosis Safe

The bankrupt crypto hedge fund once aimed for a $100M NFT collection, which now may be worth less than $1M.

Starry Night is the name of Three Arrows Capital's NFT collection. (Unsplash)

Layer 2

'I'm a Crypto Guy': Why Steve Aoki Believes in Web3

The electronic music DJ talks NFTs, Elon Musk and building a waterpark in the metaverse.

(Ethan Miller/Getty Images)

Web3

Japan to Invest in Metaverse and NFT Expansion

Prime Minister Fumio Kishida continued calls for Web3 technology integration.

(Unsplash)

Videos

Bitcoin Gains Momentum on Fed Pivot Narrative

Bitcoin (BTC) continues to build bullish momentum on the expectation that the U.S. Federal Reserve and other major central banks would slow tightening. Arca Portfolio Manager David Nage discusses his crypto markets analysis, investor sentiment, and consumer trends. “A lot of people are on pause, they’re in neutral,” Nage said.

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Opinion

Can Starbucks Bring Web3 Into the Mainstream?

What corporate Web3 initiatives can learn from the announcement of Starbucks Odyssey.

(Ricko Pan/Unsplash, modified by CoinDesk)

Finance

Rare David Bowie NFT Collaboration With FEWOCiOUS Sells for $127,000

The high-value sale on OpenSea continues a trend of celebrity estates minting postmortem memorabilia on the blockchain.

(Christina Radevich/Unsplash)