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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.
p0x Labs Co-Founder on Developer Adoption of AI
p0x Labs co-founder and Manta Network core contributor Kenny Li explains why he is more concerned about the practicality for Web3 developers to adopt artificial intelligence (AI) technologies. The process of integrating the models isn't "too complicated," Li said.
Hong Kong Is 'Extremely Bullish' for Crypto: p0x Labs Co-Founder
p0x Labs co-founder Kenny Li answers five rapid-fire questions from CoinDesk, including the potential that can be unlocked by bringing AGI models on-chain, why identity is a core component of Web3, and the sentiment in Hong Kong and Asia regarding crypto adoption.
What On-Chain Access for AGI Unlocks
p0x Labs co-founder and Manta Network core contributor Kenny Li joins "First Mover" to discuss the intersection between artificial intelligence (AI) and blockchain. Plus, the significance of AI technologies in developments in the Web3 space.
HSBC Brings Tokenized Gold to Hong Kong; Munchables Exploited for $62M
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as HSBC brings its tokenized gold product to Hong Kong, claiming bragging rights for being the first bank to create a blockchain-based real-world asset aimed at retail investors. Plus, Fetch.ai, SingularityNET, and Ocean Protocol agreed to combine their crypto tokens into one, and Web3 project Munchables was drained of an estimated $62.5 million worth of ether.
Munchables Exploited for $62M, North Korea-Linked Exploiter Returns Private Keys to Web 3 Firm
The broader crypto community is calling for a controversial chain rollback in a bid to recover funds.
The Future Is Open Finance
Web3 will be the vehicle for true financial access and independence, Aptos Labs CEO Mo Shaikh and FinTech Director at the Milken Institute Nicole Valentine write.
Meet the Woman Behind Solana Hit Meme Coin ‘Doland Tremp’
The newly-formed PoliFi category is all about memes and laughs, while making a few bucks along the way, say the team behind the TREMP token.
Why ETH ETFs Might Not Get Approved; 3AC's Kyle Davies Not Sorry
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a Bloomberg analyst's prediction that ether ETFs likely won’t get approved in May. Plus, 3AC co-founder, Kyle Davies, speaks up about the company's bankruptcy; and Polygon Labs paid $4 million to Starbucks for the coffee company’s now failed Web3 project.
Reddit Is Making a Deal With the AI Devil
The social media giant's $60 million real-time data deal with Google is latest example of internet companies selling out their users who have nominally "consented" to share their personal information, but have no control. Blockchains and ZK-proofs could help prevent corporate overreach, Nym CEO and privacy advocate Harry Halpin writes.
What Will It Take for More Mainstream Media to Implement Web3 Tech?
Trustless Media founder Zack Guzman answers five rapid-fire questions from CoinDesk, including issues with the mainstream media model, implementing Web3 technologies to the media industry and his favorite restaurant in New York.