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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.
NFTs Are the Pillars of Digital Capitalism, Animoca Founder Says
Yat Siu explains why we shouldn't dismiss NFTs as monkey JPEGs and how blockchain acts as a political system of sorts, fostering a consensus-based democratic process.
Apple's 'Vision Pro' Set to Get First Crypto-Focused Metaverse App From Victoria VR
The app will be released in the second quarter, and the VR token price has surged 60% in the last 24 hours.
Crypto Users Lost $126M Due to Hacks and Fraud in January: Immunefi Data
Immunefi is out with a new report that unpacks crypto losses in January 2024. The bug bounty and security services platform reviewed instances where hackers exploited Web3 projects, and found that there was a total loss of $126 million in the first month of the year. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Web3 Explained in Simple Terms
Alchemy's protocol specialist Jason Windawi answers some rapid fire questions from CoinDesk's Jennifer Sanasie about the biggest risks in Web3, explaining the next generation of the internet in simple terms and the real world use cases.
NFTs Are 'Not Dead,' Alchemy's Protocol Specialist Says
Alchemy's protocol specialist Jason Windawi joins "First Mover" to discuss Alchemy’s latest Web3 development report, which highlighted Solana gaining momentum and EVM development activity rising. Windawi also explains why he thinks non-fungible tokens (NFTs) are not dead. "I think NFTs are one of the most interesting spaces," Windawi said.
Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto
The renowned a16z VC talks to Daniel Kuhn about his new book, “Read Write Own: Building the Next Era of the Internet.”
Web3 Payments Firm Transak Joins Visa Direct to Streamline Crypto-to-Fiat Conversion
The deal allows the Web3 payments infrastructure provider's users in over 145 countries to easily convert crypto into local currencies.
Digital Asset Platform Web3Intelligence Raises $4.5M Ahead of New Token Rollout
The private funding round included participation from DAO MAKER, Shima Capital, and Gate.io among other investors
Japanese Lawmakers Want To Carve Out New Web3 Policies: CoinDesk Japan
"We would like to grasp the current situation in areas other than decentralized autonomous organizations and identify new important points for policy," Congressman Hideto Kawasaki said.
