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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.
StepN Hit by DDOS Attack; S Korea’s Metaverse Studies
Web 3 lifestyle app StepN suffers DDOS attack. Australia’s Gold Coast mayor reckons local taxes could soon be paid in Bitcoin. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Unstoppable Domains Hires Execs From Twitch and IBM
Former Twitch VP Sajjad Rehman will lead Europe efforts while former IBM executive Nilkanth Iyer will head up Asia.

Fast Break Labs Raises $$6M in Seed Funding Round
The Web 3 startup founded by two ex-Meta Platforms employees is developing a blockchain-based fantasy basketball game.

OpenBazaar Co-Founder Explains Why Web 3’s Answer to eBay Folded Its Tents
The P2P marketplace was backed by powerhouse VCs Andreessen Horowitz and Union Square Ventures. Brian Hoffman candidly reflects on where it went wrong.

Reddit’s Alexis Ohanian Leads $5.3M Round for Web 3 Startup QuickNode
The funding will be used to provide more tools for blockchain app developers and bring on new tech talent.

Cory Doctorow on Privacy, Web3, and Fighting the Surveillance Cartel
The science fiction author and blogger holds forth on how to restore internet freedom in an era when “the whole tech industry’s leadership fits around one table.”

The Graph Raises $12M in GRT Token Sale; Teases Mainnet Launch in 30-60 Days
Decentralized data-indexing protocol The Graph has raised $12 million in a public sale of its native GRT token.

Torus Launches to Bring One-Click Login to Web 3.0
Torus, a key-management startup offering one-click logins for the decentralized web, launched out of beta Thursday with a handful of big-name hosting partners.

'Power to the People': Privacy Was the Rallying Cry of Berlin's Web3 Summit
It may seem trivial in some cases, but digital anonymity is no joking matter to American whistleblower and privacy advocate Edward Snowden.

$1 Billion Valuation May Elude Ethereum Co-Founder’s New Blockchain Polkadot
Polkadot’s bid for unicorn status has hit a snag, with three Chinese funds buying into the token sale at valuations below $1 billion.
