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.


Web3

NFT Collection Azuki’s Twitter Account Hacked, Leading Followers to Malicious Link

Hoshiboy, the co-founder of the popular anime-inspired project, told CoinDesk the team is in touch with Twitter to resolve the issue.

Azuki NFT collection. (OpenSea)

Opinion

Why Real Regulatory Change In Crypto Has Not Happened

Legislators need to educate themselves on Web3 if they care about protecting consumers, Steven Eisenhauer, chief risk and compliance officer at Ramp, writes.

Legislators need to educate themselves on Web3 if they care about protecting consumers, writes Steven Eisenhauer. (SwapnIl Dwivedi/Unsplash)

Web3

Bored Ape Artist's NFT Mint Sells Out So Fast, Many Fans Left Mad, Empty-Handed

The mint, which opened Friday morning, closed minutes after the allowlist opened, raising questions from disappointed fans as to whether or not it was a faulty drop.

(OpenSea)

Opinion

Web3 Loyalty Programs Are a Trojan Horse for Good Crypto Policy

Crypto's three pillars of ownership, control and interoperability are likely to resonate with policymakers the most, writes Josh Rosenblatt of Co:Create.

The Trojan horse, after a painting by Henri Motte, Corcoran Gallery, Washington, D.C. (Getty Images)

Web3

Proof of Protest: Artists Pussy Riot and Shepard Fairey Team Up to Raise Money for Ukraine Through NFT Collection

All proceeds from the open edition Putin’s Ashes NFT collection will be donated to troops in Ukraine.

PUTIN'S ASHES Pussy Riot Art Poster (Jeffrey Deitch Gallery)

Web3

Hollywood in Web3: StoryCo Raises $6M to Decentralize Storytelling

The platform just released its first story universe, a token-gated experience that encourages community members to build out its narrative while decentralizing IP.

(Topher/Flickr)

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)