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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.
Sports Picked up the Web3 Ball. Now Let Everyone Run With It
Blockchain technology can manage the likeness rights of amateur athletes. This op-ed by Heirloom's Joseph Bradley.
Report: 'Cryptojacking' in Financial Sector Has Risen 269% This Year
The number of "cryptojacking" cases across the financial sector has risen by 269% in the first half of 2022, according to a report by cybersecurity firm SonicWall. Halborn co-founder Steven Walbroehl shares insights into what cryptojacking is, how it works and how users can protect themselves. Plus, Walbroehl's take on Web3 music streaming platform Audius Web3 suffering a $6 million hack, and meme coin Teddy Doge's (TEDDY) "soft" rugpull.
For the Fans: How DAOs Could Change Sports
Experiments with decentralized autonomous organizations promise greater fan participation in sports teams. Is this the future? This piece is part of CoinDesk's Sports Week.
Aptos Labs Raises $150M in Funding Round Led by FTX Ventures
The team is looking to bring the Diem blockchain back to life.
Alchemy CEO on $25M Developer Grants Initiative for Web3 Projects
Alchemy is launching a $25M developer grant program to fund Web3 projects. Alchemy co-founder and CEO Nikil Viswanathan shares insights into the blockchain development community and the importance of developer funds in Web3.
Scaramucci’s SkyBridge Planning New Fund for Web3, Crypto: Report
The news follows a report earlier this week that SkyBridge suspended withdrawals from another fund due to steep declines in stocks and cryptocurrencies.
Blockchain Music Service Audius to Allow Users to Tip Artists Using Audio Token
The Ethereum and Solana-based streaming service will allow fans to send their favorite creators the platform’s governance token.
Social Media Protocol CyberConnect Launches Link3 for Secure Networking
The product is debuting two months after the company raised $15 million in Series A funding.
Vayner3 President on Future of NFT, Web3 Space
Vayner3 President Avery Akkineni shares her outlook on NFTs and Web3 amid the recent market downturn, along with the role of digital collectibles in consumer products. "The bigger and broader opportunity in Web3 for enterprises and intellectual property owners continues to be massive," Akkineni said. She added, "this is the time to build."
