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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.
SVB Implosion Tanked NFT Trading Volumes, DappRadar Report Suggests
The day after the Federal Deposit Insurance Corp. took control of Silicon Valley Bank, there were only 12,000 active NFT traders, according to DappRadar. That's a number not seen since November 2021. Animoca Brands co-founder and Executive Chairman Yat Siu reacts to this report and discusses his outlook for the NFT market and the broader state of Web3. Plus, insights into Animoca backing Nuqtah, Saudi Arabia's first NFT marketplace platform.
OpenZeppelin Reveals Top 10 Blockchain Hacking Techniques in 2022
The first and second place bugs involved layer 2 scaling system Optimism and vanity address generator Profanity.
Playboy Lost $4.9M on Ether It Accepted as NFT Payments
The company’s net carrying value of digital assets was $327,000 as of December.
Doodles Is 'No Longer an NFT Project,' Co-Founder Says
Jordan Castro, aka Poopie, explained in a tweet the brand is "growing into a company with the goal of becoming a leading media franchise."
How Talent Agency WME Is Expanding Into Crypto
Chris Jacquemin, a speaker at CoinDesk's Consensus conference, on Hollywood's embrace of Web3.
How AI Is Changing Artistic Creation and Challenging IP Laws
"These are ethical concerns that, as a society, we're really confronted with for the first time,” said trademark and copyright lawyer Jessica Neer McDonald.
Art Trading Platform LiveArt Announces NFT Membership Card Linked to Exclusive Drops
The platform says its LiveArt X Card is meant to "put an end to NFT flipping and speculation" by encouraging collectors to hold onto their art for the long term.
Salesforce Taps Into NFTs Through Suite of New Web3 Products
The cloud services giant is helping companies integrate NFTs to deepen their relationships with customers.
Uniswap's NFT Platform Shows DeFi's Reluctant Acceptance of Centralization
If you want to be “the interface for all NFT liquidity," you have to make some sacrifices.
Sotheby’s Holding Meme-Inspired NFT Auction Featuring Beeple
The auction inspired by the popular subreddit “Oddly Satisfying” will feature works from artists Anyma, Beeple and Luis Ponce.
