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.


Tech

OpenZeppelin Reveals Top 10 Blockchain Hacking Techniques in 2022

The first and second place bugs involved layer 2 scaling system Optimism and vanity address generator Profanity.

A computer popup box screen warning of a system being hacked, compromised software enviroment. 3D illustration. (Getty Images)

Finance

Playboy Lost $4.9M on Ether It Accepted as NFT Payments

The company’s net carrying value of digital assets was $327,000 as of December.

Playboy logo (Mathew Imaging/WireImage)

Web3

Doodles Is 'No Longer an NFT Project,' Co-Founder Says

Jordan Castro, aka Poopie, explained in a tweet the brand is "growing into a company with the goal of becoming a leading media franchise."

Screenshot from Official Doodles 2 NFT trailer (Doodles)

Consensus Magazine

How Talent Agency WME Is Expanding Into Crypto

Chris Jacquemin, a speaker at CoinDesk's Consensus conference, on Hollywood's embrace of Web3.

Chris Jacquemin, head of digital strategy at talent agency WME (Ian Suarez/CoinDesk)

Web3

How AI Is Changing Artistic Creation and Challenging IP Laws

"These are ethical concerns that, as a society, we're really confronted with for the first time,” said trademark and copyright lawyer Jessica Neer McDonald.

(Andrey Suslov/Getty Images)

Web3

Art Trading Platform LiveArt Announces NFT Membership Card Linked to Exclusive Drops

The platform says its LiveArt X Card is meant to "put an end to NFT flipping and speculation" by encouraging collectors to hold onto their art for the long term.

Digital artist FEWOCiOUS auctions his NFT art at Christie's. (Noam Galai/Getty Images)

Web3

Salesforce Taps Into NFTs Through Suite of New Web3 Products

The cloud services giant is helping companies integrate NFTs to deepen their relationships with customers.

(Ajay Suresh/Flickr)

Consensus Magazine

Uniswap's NFT Platform Shows DeFi's Reluctant Acceptance of Centralization

If you want to be “the interface for all NFT liquidity," you have to make some sacrifices.

Floatie in the form of a unicorn, the emblematic mythical creature featured in Uniswap's logo and marketing materials. (Unsplash/Modified by CoinDesk)

Web3

Sotheby’s Holding Meme-Inspired NFT Auction Featuring Beeple

The auction inspired by the popular subreddit “Oddly Satisfying” will feature works from artists Anyma, Beeple and Luis Ponce.

(Josh Pierce/Sotheby's)

Videos

Japan’s Web3 Era

Japan pushes for technology expansion in the Web3 space with the metaverse and NFTs. That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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