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.


Finance

Beleaguered NFT Traders Can Now Relive Mania With Fantasy League Game

As NFT winter deepens, Flip says its new fantasy league will still provide traders the “sweet adrenaline” of flipping JPEGs.

NFT Gallery at Consensus 2022

Videos

Elon Musk Considered Creating Blockchain-Based Social Media Firm Before Offering to Buy Twitter

A series of text messages released as part of ongoing litigation over the failed $43 billion Twitter acquisition deal reveals Tesla CEO Elon Musk’s vision for a social media platform that would charge users to put short messages on a blockchain. “The Hash” panel discusses Twitter on the blockchain and Musk’s Web3 push.

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Web3

GameStop NFT Marketplace: A Beginner’s Guide

The gaming retailer recently launched a crypto wallet and a marketplace for gaming-focused NFTs.

(Michael M. Santiago/Getty Images)

Finance

Paradigm Leads $11.8M Funding Round Into Web3 Firewall Blowfish

Blowfish aims to help wallets and custodians protect users with real-time warnings and human-readable transaction context.

Naoris hopes to create a decentralized proof-of-security consensus mechanism by the end of 2022. (jaydeep/Pixabay)

Finance

Elon Musk Was Mulling Creating a Blockchain-Based Social Media Firm Before Offering to Buy Twitter

A series of text messages released as part of ongoing litigation over the failed Twitter deal reveals the billionaire's vision for a social media platform that would charge users to put short messages on a blockchain.

Tesla CEO Elon Musk (Hannibal Hanschke-Pool/Getty Images)

Finance

Meta Opens NFT Sharing on Instagram and Facebook to All US Users

Users in the U.S. can now connect their crypto wallets to Instagram as part of the app’s new digital collectible feature, which the tech giant has been testing since May.

NFT wallet images on Instagram (Meta)

Finance

Who What Wearables: A Guide to Digital Fashion and the Metaverse

From utility to aesthetic, digitally-native brands are looking to solve problems associated with the fashion industry using blockchain technology.

Web3 looks good on you sign window NYC (Cameron Thompson/CoinDesk)

Learn

NFTs on Instagram and Facebook: How to Show Off Your Digital Collectibles

Whether you’re a creator or a collector, Meta's NFT integration allows users to share their digital collectibles and verify ownership.

NFT wallet images on Instagram (Meta)

Finance

Crypto Whale DJ Seedphrase Sells Rare CryptoPunk for $4.4M

The investor-turned-DJ told CoinDesk that he was running low on liquidity and wanted to spark movement during crypto winter.

(CryptoPunk 2924 via OpenSea)