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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.
Why France Is Emerging as a European Crypto Hub
The country is setting policies meant to attract Web3 companies, as it fosters its wider tech industry.
Reddit Brings In Good Karma With Gen 4 Collectible NFT Avatars
The latest release of colorful interpretations of the platform's “Snoo" character is titled "Retro Reimagined."
Binance to Reenter Japan in August 2 Years After Regulator's Warning
The return was made possible by Binance's purchase of regulated crypto exchange Sakura Exchange BitCoin last November.
AI Creates Security Risks and Attack Vectors. Can Blockchain Help?
Decentralized data storage and other blockchain-powered tools can help keep attackers away from AI's information throve, Chao Cheng-Shorland writes.
Is It Finally Time to ‘X-it’ Twitter for Threads?
Meta's Threads hopes to swoop in and capture Web3 users that are looking for social media alternatives. But does the app have what crypto natives are looking for?
From Vintage to MNTGE: Digital Fashion Brand to Release NFT Patches Linked to IRL Rewards
The patches were designed by 11 artists, including Jen Stark, Nyan Cat creator Christopher Torres and Bored Ape Yacht Club artist Seneca, and are embedded with NFC chips.
Solana-Based NFT Marketplace Exchange.art to Expand Into Ethereum
Larisa Barbu, COO of Exchange.art, told CoinDesk that the marketplace had planned to expand beyond the Solana ecosystem since its launch in 2021.
Web3 Could Revolutionize Climate Finance
Grassroots crypto initiatives can close the "climate funding gap," incentivize a new generation of climate projects and help finance the optimistic ideas for fighting climate governments and institutions have not.
Golden Arches in the Metaverse: McDonald’s Teams up With The Sandbox
McDonald’s is celebrating the 40th anniversary of Chicken McNuggets by opening "McNuggets Land" in metaverse platform The Sandbox. "The Hash" panel shares their reaction to the fast food giant's interest in the world of Web3.
What Is ERC-6551? Unpacking The ‘Backpack’ Wallet
In the past few months, several Web3 projects have adopted the ERC-6551 standard, or token-bound account. The new standard opens up a plethora of use cases across NFTs, gaming, DAOs and the metaverse.
