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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.
Ripple Acquires Crypto-Focused Chartered Trust Company Fortress Trust
A person with knowledge of the matter said the price tag was less than the $250 million it paid for custody firm Metaco in May.

OKX Planning Web3 Foray Into India, Chief Marketing Officer Says
OKX plans to scale up its wallet services "exponentially" by tapping into India's much-talked-about developer community.

Arbitrum Developer Courts Coders Who Already Know WebAssembly-Compatible Languages
The new feature "Arbitrum Stylus" will make it easy to write smart contracts using computer languages compatible with the WebAssembly or WASM standard – seen as far more common than the Ethereum Virtual Machine or EVM standard that many blockchain developers currently use.

Save a Tree, Use Web3
Distributed technologies can reshape supply chains, and help consumers and businesses to make more responsible decisions.

SEC Issues First Enforcement Action Targeting NFTs
The agency ruled Impact Theory’s NFTs were sold as unregistered securities.

Artist Reflects on Journey From the Traditional Art World to NFTs
NFT artist Bobby Lee joins "The Hash" to share his journey that led him from the traditional art world to the Web3 space. He weighs in on the state of the non-fungible token marketplace and how digital creators are adapting to the ever-changing art industry.

FTX Saga Satirized by Web3 Studio in Interactive Series Called 'FORTUN3'
Verified Labs co-founder Jon Heder, who is also known for the smash hit comedy “Napoleon Dynamite,” joins Verified Labs CEO Justin Trevor Winters on "The Hash" to discuss the upcoming animated comedy about the FTX debacle called "FORTUN3," debuting this fall. Plus, the two discuss their plans to bridge the gap between entertainment and Web3.

NFT Platform Recur to Wind Down Due to 'Unforeseen Challenges' in Business Landscape
NFT startup Recur announced plans to shut down its Web3 platform due to "unforeseen challenges and shifts in the business landscape," according to a recent post on X (formerly Twitter). This comes after Recur had a $50 million Series A funding round back in 2021. "The Hash" panel weighs in on the state of NFT markets as the crypto winter drags on.

Billionaire Investor Mark Cuban Says OpenSea Making NFT Creator Fees Optional Is a 'Huge Mistake'
NFT marketplace OpenSea plans to "sunset the OpenSea operator filter" and "move to optional creator fees on all secondary sales for new collections," according to a recent post on X (formerly Twitter). Billionaire investor Mark Cuban called the move a "huge mistake" as an OpenSea investor. "The Hash" panel shares their reactions and what this could mean for Web3 creators.
