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.


Finance

Conflux Token Spikes 60% as Blockchain Integrates China’s Version of Instagram

200 million users will now be able to display Conflux NFTs on their Little Red Book profile pages.

NFTs minted on Conflux can now be shown on China's Little Red Book (Little Red Book)

Finance

Web3 Infrastructure Startup Spatial Labs Raises $10M

Blockchain Capital led the seed funding round, and a firm co-founded by Jay-Z contributed.

Spatial Labs founder Iddris Sandu (Spatial Labs)

Web3

Nike’s Web3 Platform .SWOOSH Will Reward Creators for Virtual Sneaker Designs

The global sportswear brand is offering a $5,000 cash prize and a chance to collaborate with Nike designers on a one-of-one virtual sneaker.

(David Peperkamp/Getty Images)

Web3

Porsche NFT Floor Price Races Up Following Bumpy Mint

After Porsche said on Tuesday it would halt its troubled mint early, the floor price began to rise on the secondary market.

Colección NFT de Porsche. (OpenSea)

Finance

Metaverse-Focused Blockchain Lamina1 Promotes Rebecca Barkin to CEO

The former Magic Leap executive will now oversee all business operations for Lamina1 and ensure the execution of the company’s product roadmap,

Rebecca Barkin (lamina1.com)

Web3

Pedigree Unleashes Virtual Fostering in Decentraland to Find Real Dogs Homes

Pedigree’s FOSTERVERSE aims to raise funds for animal shelters and encourage people to give the pets a home in real life.

Pedigree FOSTERVERSE (Pedigree)

Web3

Kevin Rose's NFT Wallet With 40 High-Value Collectibles Hacked

The Proof CEO was the victim of a phishing scam that drained millions of dollars worth of rare tokens, according to one estimate.

Chromie Squiggles (Art Blocks)

Videos

Web 2, Meet Web3

Kelly DiGregorio (Polygon), Marc Mathieu (Salesforce), Maya Draisin (TIME) and Joe O'Rourke (Forum3) join CoinDesk anchor Christine Lee at CES 2023 in Las Vegas to discuss what they’ve learned from experiments with the metaverse and NFTs, and what mass adoption would take as we cruise toward the Web3 world.

CoinDesk at CES 2023

Videos

Beyond the NFT Bubble: Web3’s True Value to Creators

Deadfellaz CEO & Co-Founder Betty, OpenSea VP of Product Shiva Rajaraman, United Talent Agency Head of Web3 Lesley Silverman and Fireblocks Senior Director of Business Development and Web3 Sergio Silva join CoinDesk Web3 Reporter Cam Thompson live from Las Vegas at CES 2023 to discuss how well NFTs have lived up to the empowerment hype and what they need to deliver.

CoinDesk at CES 2023

Videos

How to Keep Control of Your Crypto

Live from Las Vegas at CES 2023, CoinDesk Web3 & Learn Managing Editor Toby Bochan takes a look at crypto wallets and other self-custody tech designed to make users masters over their digital money so they don’t have to trust exchanges. Speakers include: Block Bitcoin Wallet Lead Max Guise, Casa CEO Nick Neuman, Coinbase Director of Engineering Chintan Turakhia and Bitski Head of Product Jasmine Xu.

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