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.


Opinion

Disney Does NFTs Again in Partnership With NBA Top Shot Makers Dapper Labs

CEO Roham Gharegozlou and VP Ridhima Kahn discuss the company's latest consumer-facing app.

Dapper Labs, inventors of CryptoKitties, have been working with Disney on the entertainment giant's latest foray into Web3. (PAN XIAOZHEN/Unsplash)

Web3

Social Network MeWe Heralds Migration of Users to Web3 From Web2

MeWe said at Consensus 2023 in April that it would be adopting the Polkadot parachain Frequency to bring self-sovereign blockchain-based identities to its 20 million users

Left to right: Braxton Woodham, Patrick Murck, Jeffrey Edell and Ursula O’Kuinghttons (Shutterstock/CoinDesk)

Videos

RSTLSS Collaborates With Paris Hilton’s 11:11 Media for MareBears Collection

Charli Cohen, founder and CEO of RSTLSS, joins "First Mover" to discuss collaborating with Paris Hilton's company 11:11 Media on a Web3 collection called MareBears, which brings tiny creatures to the blockchain and aims to attract emerging artists into the NFT space. Cohen also weighs in on empowering creators and partnering with SHIB and the Shiba Inu ecosystem.

Recent Videos

Web3

Crypto for Advisors: Innovating Legacy Programs with Blockchain

In this week's issue of Crypto for Advisors, learn how brands are leveraging blockchain to innovate loyalty programs.

(Ashkan Forouzani/Unsplash)

Web3

Here's Why GTA VI Probably Won't Have a Crypto Component

Rumors are persistent that the next Grand Theft Auto will have a GameFi element. Lawyers aren't so sure, but there's a catch.

Grand Theft Auto logo (GTA website)

Videos

Binance Unveils Self-Custody Wallet; HSBC to Start a Custody Service for Tokenized Securities

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including new details about Binance's self-custody Web3 wallet. OpenSea's valuation was reportedly slashed by 90% from an investor. HSBC plans to start a custody service of tokenized securities for institutional clients. And, new data shows the rate of new cryptocurrency creation has dropped to a three-year low.

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Finance

Trust Wallet's TWT Falls as Parent Company Binance Releases Web3 Wallet

Binance acquired Trust Wallet in 2018 in a deal that included cash and BNB tokens, which at the time were worth $14.80.

CEO of Binance Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)

Finance

Binance Rolls Out Its First Ever Self-Custody Web3 Wallet

Users can download and access the wallet through Binance's app.

Two large stacked blocks displaying Binance's logo at a trade show.

Web3

OpenSea Investor Coatue Cuts NFT Marketplace's Valuation by 90%: Report

Coatue also marked down its stake in MoonPay by 90%

Bored Ape Yacht Club #3001 (OpenSea, modified by CoinDesk)

Tech

Cubist, Led by Computer Science Professors, Releases Wallet-as-a-Service 'CubeSigner'

According to CEO Riad Wahby, who's an assistant professor of electrical and computer engineering at Carnegie Mellon, the new wallet will be "a hundred times faster" than competing products.

Cubist CEO Riad Wahby (Cubist)