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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.
Jack Dorsey’s TBD Announces Web 3 Competitor: Web5
Jack Dorsey is taking on Web3, with Web5. At CoinDesk’s Consensus Festival in Austin, Dorsey’s TBD – the bitcoin-focused subsidiary of Dorsey’s Block (SQ) – announced its new vision for a decentralized internet layer on Friday.
Ledger: The Latest Nano and New Hard Wallet Features
Ledger is a hardware wallet used by millions of crypto holders to self-custody their crypto and store it offline. Ledger VP Communications Ariel Wengroff shows “Crypto Gadgets & Gear” host Jenn Sanasie the latest Nano, explaining its features and why the company believes hardware wallets are “key to the Web3” future.
Hivemapper CEO on Building a Mapping Economy on Web 3
Crypto-enabled mapping startup Hivemapper raised $18 million in April to create the world's first decentralized mapping network. Hivemapper co-founder and CEO Ariel Seidman discusses the need for maps on Web3 and the importance of user protection.
Kimbal Musk, Tracy Bowen on DAOs Empowering the Underserved
Kimbal Musk, co-founder and executive chairman of Big Green DAO, and H.E.R. DAO founder Tracy Bowen discuss the importance of equitable access in Web 3.
Blockchain Network Cronos Launches $100M Accelerator Program to Support DeFi, GameFi Startups
Cronos, the Crypto.com-developed blockchain network with a focus on decentralized finance (DeFi) and Web 3 gaming, is launching a $100 million accelerator program for early-stage blockchain projects. Ken Timsit, Cronos Chain & Cronos Labs managing director, shares his insights.
Yuga Labs Suffers Discord Server Hack, 200 ETH in NFTs Stolen
The Bored Ape Yacht Club (BAYC) Discord server was hacked on Saturday, with the attacker draining 200 ETH ($360,000) worth of NFTs. Josh Fraser, Origin Protocol co-founder, discuses the details of the hack, the potential security risks of Discord, and the future of Web 3 communities.
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.
