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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.
Circle’s Chief Strategy Officer on Future of Stablecoins, Crypto Regulation
As part of CoinDesk's State of Crypto 2023 event in Washington, D.C., Circle's Chief Strategy Officer and Head of Global Policy Dante Disparte discusses the future of stablecoins and the regulatory implications around the $123 billion asset class. This comes as Circle released an upgrade for its Web3 programmable crypto wallet that allows merchants to take over and pay for their customers' transaction fees.
Alex Tapscott: Web3 as Internet's Next Frontier
From tech monopolies to the synergy of AI and blockchain, Alex Tapscott, author of “Web3: Charting the Internet’s Next Economic and Cultural Frontier,” dissects the trajectories of the digital landscape. In a Word on the Block interview with Forkast Editor-in-Chief Angie Lau, Tapscott said it’s time for investors to view blockchain technology for its innovation and not price movements of cryptocurrencies.
Author Alex Tapscott Explains Why Web3 Will Be a 'Steamroller'
Alex Tapscott, author of the new book "Web3: Charting the Internet's Next Economic and Cultural Frontier," discusses the biggest benefits and misconceptions about the new iteration of the World Wide Web. "Web3 is going to be a steamroller," Tapscott said. "It's going to flatten the world in ways we haven't really anticipated."
What Crypto Can Learn From Regulatory Overhauls at PayPal, Robinhood and Revolut
Regulatory oversight is a force of legitimacy and stability for businesses with new ideas, Flowdesk's Anne-Sophie Cissey writes.
Circle to Let Merchants Pay for Customers' Gas Fees With Web3 Wallet Upgrade
Southeast Asian super-app Grab is currently piloting the new product to cover gas fees for its Singaporean users if they use NFT vouchers.
Web3-Powered File Management App Raises $1.5M to Offer Alternative to Google
Fileverse offers a decentralized file management and collaboration service, an alternative to centralized providers such as Google or Notion.
Crypto, Web3 Communities in Israel Establish Aid Fund
Crypto and Web3 communities in Israel are raising funds for Israeli citizens who have been displaced and are in need of humanitarian aid due to the outbreak of war with Hamas. MarketAcross Vice President of PR and Communications Orian Tal, along with CryptoJungle CEO and Crypto Aid Israel co-organizer Ben Samocha, share insights into the ongoing conflict and the donations they're receiving from the crypto community.
CertiK, Blockchain Code Auditor, Makes 'Strategic Workforce Adjustment' of 15%
Just last year, the company raised nearly $150 million of fresh capital. Now, as crypto winter drags on, it is cutting jobs, citing "evolving market dynamics."
Israeli Crypto Firms Scramble to Deal With War, in Between the Sirens
Few operational disruptions were reported, but some crypto employees were getting called up for reserve duty. Executives and developers coped with the stress of attending funerals, responding to security warnings and encountering supermarket shortages.
Ethereum Network 'Remains the Place to Operate as a Criminal,' Immunefi CEO Says
A new report from Immunefi, which is a bug bounty and security services platform for Web3, found that more than $1 billion was lost in crypto this year and more than $600 million was lost last quarter. Immunefi Founder and CEO Mitchell Amador discusses the details of the report and the outlook for DeFi.