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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.
Blackbird, Crypto Restaurant App, Raises $24M in Funding Led by A16z
The target audience is restaurant users, but the blockchain-based project comes with its own "Flypaper" and fungible FLY tokens.
Chainlink Unveils ‘Data Streams’ to Reduce Latency, Expands Decentralized Computing
The company launched Chainlink Data Streams and announced new decentralized computing capabilities.
Why Binance and Banking Giant MUFG Want to Issue Stablecoins in Japan
Binance Japan and Mitsubishi UFJ bank want to help with the country's Web3 ambitions by issuing stablecoins.
The Barrier to Mainstream Crypto Adoption Isn’t UX — It’s Product-Market Fit
Variant co-founder Li Jin argues that Web3's problems do not end at onboarding.
NFT Brand Pudgy Penguins Debuts Toy Collection in 2,000 Walmart Stores
Each toy provides access to Pudgy World, a multiplayer digital social experience, which could help improve visibility and users of the Pudgy Penguin brand.
Web3 Adventure Game Big Time Poised to Kickoff Its ‘Player-Owned Economy’
During the last year of beta testing, the crypto and NFT-focused game’s community has grown to over 350,000 people on Discord and over a quarter million on X (formerly Twitter).
Road Ahead for Crypto Adoption in Asia
CoinDesk executive director of global content Emily Parker discusses a high-level overview on the state of crypto adoption in Asia, after returning from a whirlwind trip overseas. Parker shares insights into the sentiment towards NFTs, Web3 gaming, and the nuances of Hong Kong's approach to the digital asset market.
The Salvation of Domain Ownership May Lie in Tokenization, and One Firm Is Pressing Hard to Make This a Reality
URLs are the pathway to the internet. While top domains might fetch in the hundreds of millions, they are still auctioned off like it’s the 20th century. Here’s how Web3 can change that.
Animoca Brands Executive Chairman Yat Siu: 'There Is Capital Going Into Web3'
Blockchain gaming firm Animoca Brands raised $20 million to advance its metaverse project "Mocaverse." Animoca Brands co-founder and Executive Chairman Yat Siu discusses what this means for the future of the metaverse and the broader Web3 ecosystem. "To set the record straight, there is capital going into Web3," Siu said.
Mark Cuban Loses Nearly $1M to Crypto Scam
The billionaire said he logged in to his crypto wallets after months of inactivity but had likely clicked on a phishing link.
