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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.
What's the Biggest Mistake Web3 Founders Make?
Earn Alliance CEO and founder Joseph Cooper answers five rapid fire questions from CoinDesk including his favorite Web3 game, why he decided to build in Hong Kong and the biggest mistake Web3 founders make.
Earn Alliance CEO on Helping Gamers Discover Web3
Earn Alliance CEO and founder Joseph Cooper joins "First Mover" to discuss the challenges of attracting more users to Web3 games and bridging the gap between the Web 2 and Web3 gaming industries. Plus, why he decided to build his company in Hong Kong and the new features of Earn Alliance.
Japan Moves Closer to Allowing Venture Capital Firms to Hold Crypto Assets
If approved in parliament, the draft bill could see VCs fund Web3 startups in exchange for crypto assets.
Telefónica Teams Up With Chainlink to Provide Security Against 'SIM Swap' Hacks
The partnership will be a "significant step" in integrating telecom capabilities into the blockchain technology, the firms said.
What Is ERC-404? The Experimental Standard Whose First Token Has Rocketed 12,000% in One Week
ERC-404 allows multiple wallets to directly own a single NFT and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.
NFTs Are the Pillars of Digital Capitalism, Animoca Founder Says
Yat Siu explains why we shouldn't dismiss NFTs as monkey JPEGs and how blockchain acts as a political system of sorts, fostering a consensus-based democratic process.
Apple's 'Vision Pro' Set to Get First Crypto-Focused Metaverse App From Victoria VR
The app will be released in the second quarter, and the VR token price has surged 60% in the last 24 hours.
Crypto Users Lost $126M Due to Hacks and Fraud in January: Immunefi Data
Immunefi is out with a new report that unpacks crypto losses in January 2024. The bug bounty and security services platform reviewed instances where hackers exploited Web3 projects, and found that there was a total loss of $126 million in the first month of the year. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
