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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.
Cool Cats Claws at Mainstream Strategy, Rebrands to Expand Audience Beyond Web3
The popular NFT collection wants to make its brand mainstream through storytelling, entertainment and partnerships surrounding its beloved Blue Cat character.
Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022
The social media giant reported losing $4.3 billion in the division in the fourth quarter of 2022 on revenues of $727 million.
Coinbase NFT Pauses New Collection Drops, Denies Shuttering Marketplace
Amid rumors swirling on Twitter, the company confirmed it’s temporarily halting drops to focus on “features and tools” for its NFT marketplace.
Season 2 of CoinDesk's 'Women Who Web3' Podcast Premieres Today
Season 2 of "Women Who Web 3" launches today on the CoinDesk Podcast Network, with special guests like "The Female Quotient" CEO Shelley Zalis. "Women Who Web 3" Podcast Host Kamala "Kamz" Alcantara joins "The Hash" to discuss what listeners can expect from this season and the mission of empowering women through Web3.
Doodles 2 NFT Mint Opens, Dooplicators Price Soars on OpenSea
The Doodles 2 collection allows users to create custom wearables for their original Doodles avatars on the Flow blockchain.
Toyota to Experiment With Blockchain Use Cases by Sponsoring Astar Network's Hackathon
The auto giant may use technology developed from the hackathon to increase its business efficiency.
ImmutableX to Launch All-In-One Passport System to Onboard New Gamers Into Web3
The new tool, scheduled to launch in April 2023, will act as a non-custodial wallet, gamer profile and authentication solution for Web3 gamers.
Blur Reportedly Finds Loophole in OpenSea's Blocklist as Marketplace War Escalates
The apparent workaround allows the zero-fee marketplace to list collections that have previously been blocklisted by OpenSea, following months of debates around enforcing creator royalties.
Hermès vs. MetaBirkin Artist: NFT Trademark Trial Kicks Off
A trademark trial focused on non-fungible tokens (NFT) began Monday, pitting French luxury designer brand Hermès against NFT artist Mason Rothschild. Hermès claims the artist's "MetaBirkin" NFT collection allegedly infringed on its trademark, which depicts digital images of its well-known Birkin handbag. "The Hash" panel discusses the legal considerations of NFTs as Web3 makes waves in fashion and art.