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

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.

By Rosie PerperSep 26, 2022

(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.

By Marc HochsteinSep 24, 2022

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.

By Rosie PerperSep 24, 2022

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.

By Brandy BetzSep 23, 2022

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

Finance

Italy's AC Milan Launches NFT Game With MonkeyLeague

The new partnership with an esports franchise signals the soccer champion’s latest step forward into the web3 world.

By Xinyi LuoSep 23, 2022

AC Milan – Serie A Scudetto trophy (Chris Ricco/Getty Images)

Finance

The ETH Merge Did Little to Energize a Tepid NFT Market

In the weeks leading up to the Merge, NFT trading decreased overall, and this past week has been just slightly better.

By Eli TanSep 22, 2022

Finance

Cryptography Network Lit Protocol Raises $13M to Bolster Web3 Autonomy and Interoperability

The Series A round is being led by crypto investment firm 1kx.

By Cam ThompsonSep 22, 2022

Lit Protocol has raised $13 million in a Series A round. (Pixabay)

Opinion

The Merge Doesn’t Solve Ethereum’s 'Atomic Composability'

What that is and why "cross-pollination" between decentralized applications matters.

By Jeremy EpsteinSep 22, 2022

Finance

Opera's Crypto Browser to Add Support for Elrond After Roping In Eight Other Blockchains

The Norwegian browser company has already offered in-browser crypto wallet support to nine blockchains since its beta version in January.

By Xinyi LuoSep 22, 2022

Opera added support for Elrond, the ninth blockchain to be integrated with the browser. (Danny Nelson/CoinDesk)

Tech

Introducing ‘Women Who Web3’ – CoinDesk’s Newest Podcast

The CoinDesk Podcast network’s latest addition attempts to bridge the gender disparities within the Web3 community as well as celebrate and promote women within the space.

By Joey PrebysSep 21, 2022