Web3

Web3

Finance

NFT Software Company Dust Labs Raises $7M During y00ts Release

The announcement came during the high-profile and long-anticipated minting that’s taken the Solana NFT community by storm.

A DeGods owner shows off his NFT. (Archie)

Finance

‘Blocker Bug’ Delays Highly Anticipated Y00ts NFT Mint

Whitelisted accounts for the Solana-based project will have to wait another day before getting their hands on the buzzy NFT collection.

y00ts is running one day late. (y00ts, modified by CoinDesk)

Videos

Future of Nigeria’s Booming Crypto Scene

Nigeria showed more interest in crypto than any other country since the markets began to decline in April, according to a study by price tracker CoinGecko. WomenInDeFi Brand Strategist Umeh Chinonye discusses her outlook on the state of crypto in Nigeria.

CoinDesk placeholder image

Videos

Nigerians Flock to Crypto as the Naira Weakens

Some Nigerians are turning to bitcoin (BTC) to hedge against the naira's drop in value amid a collapsing economy. Paxful Deputy General Counsel Jude Ogene and Africa Blockchain Institute Head of Research Oluwaseun Adepoju discuss the role of crypto as a potential tool for financial freedom. Plus, WomenInDeFi Brand Strategist Umeh Chinonye discusses the impact of Web3 and DeFi in Nigeria.

Recent Videos

Finance

Hacker Steals Bill Murray’s Crypto After $185K NFT Charity Auction

The auction's original runner-up bidder has already offered to replace the stolen funds.

Bill Murray's NFTs are safe and sound but his crypto flew the coop. (Coinbase, modified by CoinDesk)

Layer 2

Web3 Is Still Censoring Sex Workers

Internet decentralization has not stopped the shadow-banning of sexual images, adult performers say.

"NO STRINGS ATTACHED" (Cryptonatrix/cryptoart.io)

Finance

Social Media Giant Snap Disbands Web3 Team Amid Mass Layoffs

The company, which reported its lowest growth numbers in five years during the second quarter, will lay off a fifth of its staff. 

Snap is disbanding its Web3 team. (Shutterstock)

Finance

‘Beer With Bill Murray’ NFT Sells for $185K in ETH at Charity Auction

The NFT sold on Coinbase's NFT marketplace prompted a bidding war Wednesday in an effort to raise money for charity.

Bill Murray's charity auction sparked a bidding war (Coinbase)

Finance

Stacked, the Web3 Version of Twitch, Raises $12.9M

Crypto-focused venture capital firm Pantera Capital led the fundraise.

Stacked founder and CEO Alex Lin (Flippy Finance)

Finance

An NFT Marketplace Is Letting Buyers Avoid Royalty Payments. Creators Aren’t Pleased

The popular NFT marketplace X2Y2 announced it will no longer make buyers pay royalties on certain NFT purchases, sparking debate on the importance of such payments to the industry.

The original Bored Ape Yacht Club NFT collection features right-facing cartoon apes. (Yuga Labs)