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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.
DeFi Giant MakerDAO Integrates Blockchain Data Provider Chainlink for DAI Stablecoin
Chainlink Automation will run specific tasks, including price updates and liquidity balancing, to help maintain the stability of Maker’s $5 billion DAI stablecoin.
Crypto Payments Firm MoonPay and NFT Marketplace LooksRare Ink Partnership
LooksRare users can buy and sell cryptocurrencies through MoonPay, which will allow users to purchase NFTs with a credit card.
Bitcoin NFTs Explode in Popularity as BitMEX Research Shows 13,000 Ordinals
Interest has skyrocketed following the first Ordinals transaction on Dec. 14.
Indian Web3 Social App Chingari Partners With Aptos Blockchain; GARI Token Surges 48%
Chingari will release a newer version of its TikTok-like Web3 app exclusively available on Aptos.
A Pragmatic View of ChatGPT in a Web3 World
Artificial intelligence is revolutionizing every aspect of our daily lives. What will it mean for Web3? IntoTheBlock's Jesus Rodriquez learns from the machine.
Hermès Wins Trademark Lawsuit Against MetaBirkins NFTs, Setting Powerful Precedent for NFT Creators
The verdict ends a year-long battle between the French luxury house and NFT artist Mason Rothschild over his MetaBirkin NFT collection.
Fan Token Project Chiliz Rolls Out Layer 1 Blockchain; Token Surges 20%
The EVM-Compatible blockchain will allow token holders to stake (delegate) their tokens to receive rewards.
Designer Sean Wotherspoon Launches First Digital Wearables Collection on MNTGE
The inaugural collection takes inspiration from vintage pieces in the Nike collaborator's own closet.
NFT Market Share Battle Ramps Up Between OpenSea and Blur
A side-by-side comparison of the two NFT marketplaces using Nansen data suggests that while Blur has seen rapid growth in volumes, it is still lagging behind OpenSea in terms of number of sales and interacting wallets.
