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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.
Binance Launching NFT Loan Feature
The tool, launching on Friday, will initially support Ethereum loans and NFTs from Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki and Doodles collections.
Bitcoin-Based ‘Space Pepes’ Led Weekly Trading Volumes Among NFT Collections
Bitcoin-based NFT collections have triumphed over Solana and Polygon-based offerings in recent weeks.
Web3-Friendly Browser Brave Introduces NFT-Gated Video Calls
The new tool for its Brave Talk video service allows hosts to use NFTs and POAPS to manage access to calls.
Ava Labs Launches 'No-Code' Web3 Launchpad AvaCloud
Ava Labs says that the tool will allow companies to bring Web3 products to market faster, cheaper and with lower risk.
Dispersion Capital Opens $40M Fund for Web3 Infrastructure
The fund was founded by Patrick Chang, an active angel investor in the crypto industry.
Bitcoin Jumps to Second Place in NFT Sales
Bitcoin-based non-fungible tokens (NFTs) have risen to second place for NFT sales per blockchain, according to Web3 data platform CryptoSlam. "The Hash" panel discusses the increasing popularity of Bitcoin NFTs and the controversy around it.
Sorare Carves Out Unique Entry Method for France Due to NFT Regulations
The Web3 fantasy sports game is collaborating with the French National Gaming Authority to create a framework for France-based players who face a tighter regulatory regime.
In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months
According to data platform CryptoSlam, NFTs on Bitcoin have grossed about $167 million in the past thirty days, creeping up on Ethereum’s number one position.
Web3 Move-to-Earn Game STEPN Integrates Apple Pay for In-Game Purchases
Web3 move-to-earn game STEPN is integrating payments service Apple Pay as a fiat onramp for in-app purchases in a bid to make its app more widely accessible. "The Hash" panel discusses the move and the implications for the state of NFTs and Web3 gaming.
Meta Faces Record $1.3B Privacy Fine From E.U.
Facebook parent Meta Platforms was fined a record privacy penalty of $1.3 billion by European Union lawmakers for mishandling U.S. user information. "The Hash" panel discusses the fine and the potential use cases of Web3 for data privacy protection.