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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.
NFT-Linked Sandals Worn by Steve Jobs Sell for $218,000
The pair of iconic brown Birkenstocks were said to have been worn "during many pivotal moments in Apple’s history."
Yuga Labs Acquires Beeple's WENEW and its Flagship NFT Collection, 10KTF
The company behind Bored Ape Yacht Club has hinted at an integration between 10KTF and its gamified metaverse platform Otherside.
Nike Sprints Into Web3 With New .SWOOSH Platform
The footwear giant’s latest Web3 move will allow community members to create and trade their own digital collectibles.
The NFT Creator's Guide to Year-End Tax Planning
A step-by-step guide to help NFT artists navigate taxes and find ways to reduce their tax bill.
OpenSea Makes Waves: Says Creator Royalties Will Be Enforced
“The world is otherwise burning, but we decided this couldn’t wait,” a representative from OpenSea told CoinDesk.
The Downfall of Sam Bankman-Fried’s FTX: The Industry Reacts
Tech, market and regulatory experts weigh in on a possible Binance acquisition of what was once one of crypto’s most influential exchanges.
FTX and Alameda Contagion Fears Tank NFT Markets
Rumors of Alameda liquidating its Solana holdings are sending SOL’s price into free fall; both Solana and Ethereum-based NFT markets are getting hit hard by the news.
Meta Platforms Slashes Over 11,000 Jobs, 13% of Its Workforce
The job cuts come from across its businesses, including its apps and metaverse divisions.
Japan Mobile-Phone Operator NTT Docomo to Invest $4B Into Web3
The operator will collaborate with Astar Foundation and Accenture to speed up Web 3 adoption in the country.
OpenSea Launches First Royalty Enforcement Tool Amid NFT Marketplace Drama
The on-chain tool will blacklist collections from being resold on marketplaces that don’t enforce royalties and will only apply to new collections listed on the platform.
