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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.
Fantasy Sports Company Sorare Charged With Providing Unlicensed Gambling Facilities in U.K.
Sorare was charged with violating the Gambling Act 2005 in the regulator's first move against a blockchain-based platform.
Bridging the Skills Gap: Preparing the Workforce for a Web3 Future
Companies have invested so much on education with a focus on trading, but have not turned their attention to the portion of the workforce that remains unfamiliar with the technology that will be responsible for creating, facilitating, communicating and operating Web3 products and services, says Kelsey McGuire, CGO, Shardeum.
Animoca's Timeline to Go Public Would Depend on the Market's Status: Yat Siu
“We are midway through the audit which is a critical piece of the IPO puzzle,” Siu told CoinDesk.
Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects
Lemniscap is targeting zero-knowledge infrastructure, consumer applications and decentralized physical infrastructure (DePIN).
Hamster Kombat Says It Skipped VC Fund Offers, Bashes 'Exit Liquidity' Behavior
The wildly popular Telegram game has apparently amassed millions of users since its April release.
Blackbird, Web3 Startup From Resy Co-Founder, Wants Diners to Pay for Meals in Crypto
Blackbird Pay would allow diners to pay for their food using $FLY, the cryptocurrency that doubles as loyalty points in Blackbird's restaurant rewards system.
Morgan Creek Digital to Raise up to $500M for New Web3 Venture Capital Fund
The new fund will target early stage opportunities in AI, blockchain technology, chips and data.
Crypto Wallet Provider Exodus Aims to Solve Web3's User-Friendly Issue With 'Passkeys Wallet'
The new wallet is able to bypass the need for seed phrases, browser extensions or email verifications to use decentralized apps.
Animoca Looks to Go Public in Hong Kong or Middle East in 2025: Report
The prominent Web3 investor has held talks with investment banks, but has yet to decide on an adviser.
Solana Adds 'Blinks' and 'Actions' so Users Can Trade Crypto on Their Favorite Social Apps
The epicenter of the latest "meme coin" hype, Solana is introducing new tools designed to make crypto trading more accessible
