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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.
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.
Binance Rolls Out Its First Ever Self-Custody Web3 Wallet
Users can download and access the wallet through Binance's app.
OpenSea Investor Coatue Cuts NFT Marketplace's Valuation by 90%: Report
Coatue also marked down its stake in MoonPay by 90%
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.
Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms
The UAE's second-most populous emirate has taken the first steps to legalize the operations of decentralized entities such as DAOs.
It’s Time for Web3 Games to Embrace Play AND Earn
Web3 games shouldn't try to replace traditional gaming with decentralized gaming, but instead create crypto-powered alternatives gamers actually want to play, Web3 marketing expert Kelsey McGuire writes.
3 Greenshoot Sectors in the Blockchain Space
From “AI x blockchain” and zero-knowledge proofs to Bitcoin ordinal projects, there are plenty of bright spots in the Web3 ecosystem, despite the market volatility and regulatory problems of the last few months, says Paul Veradittakit, managing partner at Pantera Capital.
The NFT Market Has Crashed. What Should Artists Do Now?
A brief guide to expanding deeper into, and beyond, Web3.
In Crypto's 'Autonomous Worlds,' Creators Are Architects and Users Are Stakeholders
Felix Xu writes about a new concept looking to take Web3 beyond what is known today.
Mastercard Teams Up With MoonPay for Web3 Push
MoonPay will incorporate compliance-friendly Mastercard's Crypto Credential system and integrate payments tech like Mastercard Send and Click to Pay, according to a blog post.
