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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.
Animoca Brands Executive Chairman Yat Siu Discusses Crypto Regulation in Hong Kong
Animoca Brands co-founder and executive chairman Yat Siu joins "First Mover" to discuss the state of crypto regulation in Hong Kong as the city establishes a task force that promotes Web3 development. The establishment of a regulatory framework "gives it legitimacy," Siu said.
Animoca Brands Executive Chairman Yat Siu Joins Hong Kong’s Web3 Task Force
Animoca Brands co-founder and executive chairman Yat Siu is joining the Hong Kong government's task force for promoting Web3 development. Siu joins "First Mover" to share insights into his role and Hong Kong's state of crypto. Plus, Siu's take on the future of gaming.
EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance
Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said.
EU Metaverse Strategy Set to Examine Privacy, Competition and Rights
A policy paper next week won’t set legislative rules – but could point the way ahead on some key Web3 issues.
NFT Creator Royalty Payments Hit Two-Year Low: Nansen
The rise of royalty-optional platforms like Blur and OpenSea have contributed to declining royalty payments for artists across the space.
Hollywood Legend Steve McQueen Honored as 'King of Cool' in New NFT Collection
The racing-themed collection with 1,000 NFTs will give holders access to token-gated content, events and games celebrating the actor's love of motorcycle racing.
Credit Suisse and Swiss Football Association to Release Women's Football NFT Collection
All the proceeds from the collection, featuring portraits of the Swiss Women’s National Team, will be donated to support women’s football in Switzerland.
Bored Ape Yacht Club NFT Floor Price Sinks to 20-Month Low
The floor price of the Yuga Labs NFT collection fell to 27.4 ETH, or about $53,000, on Sunday evening before rebounding slightly.
First Animated Film Funded by a DAO Brings Nouns NFT Collection to Life
Atrium, a network of independent Web3 artists and creators, has released the pilot for “The Rise of Blus: A Nouns Movie,” turning the popular NFT collection into entertainment. Atrium founder and CEO Supriyo Roy joins "The Hash" to discuss the release after the NounsDAO community passed a proposal to fund the film in March.
Hong Kong's Task Force for Web3 Development; South Korea Passes Crypto Bill
The Hong Kong government established a task force for promoting Web3 development, according to a press release on Friday. This comes as South Korea's National Assembly passed the Virtual Asset User Protection Act, marking the country's first step towards building a legal framework for virtual assets. "The Hash" panel discusses the state of crypto regulation in the U.S. compared to the rest of the world.