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

Christie’s Auction House Announces On-Chain NFT Art Platform

Christie’s 3.0 has teamed up with Chainalysis, Manifold, and Spatial to sell NFT artwork on Ethereum. The inaugural sale features artist Diana Sinclair.

Diana Sinclair (CoinDesk)

Videos

Robinhood Launches Beta Version of Web3 Wallet to 10,000 Users

No-fee trading platform Robinhood is releasing the beta version of its Polygon-based Web3 wallet, allowing 10,000 users to swap assets on its non-custodial wallet. “The Hash” team discusses Robinhood’s latest crypto push.

CoinDesk placeholder image

Finance

Microsoft’s M12 Leads $20M Strategic Funding for Blockchain Data Platform

Set to launch later this year, decentralized data platform Space and Time will integrate with Microsoft Azure.

Los cofundadores de Space and Time, Scott Dykstra (izquierda) y Nate Holiday. (Space and Time)

Finance

Robinhood Releases Beta Version of Web3 Wallet to 10,000 Users

Robinhood has been steadily moving away from its original “walled garden” approach to crypto over the past year.

Robinhood's Web3 wallet beta (Robinhood)

Finance

London-Based Asset Manager Fasanara Capital Establishes $350M Crypto VC Fund

Fasanara Capital's $350 million VC fund will invest in fintech and web3 companies.

London (Ben Davies/Unsplash)

Finance

Disney’s Latest Job Posting Hints at Big Plans for NFT and Crypto Adoption

The company is seeking legal counsel to help it navigate crypto, NFT and DeFi regulations as it expands its Web3 strategy.

(Kent Phillips/Walt Disney World Resort via Getty Images)

Opinion

Urbit Is Web3, Weird and Wonderful and I Don’t Care Who Made It

Software can have bugs, but it doesn’t have cooties.

An Urbit "galaxy" can cost hundreds of thousands of dollars. (NASA, ESA, CSA, and STScI)

Finance

Tyler Hobbs' Fidenza NFT Project Gets $1M Pump Over 48 hours

One wallet alone spent around $900,000 on the generative art NFT project.

(Fidenza NFT project via OpenSea)

Finance

FTX Ventures, DCG Back $9.6M Funding for Decentralized Database Solution Kwil

The community-owned platform could make it easier for Web2 developers to move into Web3.

Amy Wu, the head of of FTX Ventures (Danny Nelson/CoinDesk)