Web3
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."

Web3 Explained in Simple Terms
Alchemy's protocol specialist Jason Windawi answers some rapid fire questions from CoinDesk's Jennifer Sanasie about the biggest risks in Web3, explaining the next generation of the internet in simple terms and the real world use cases.

NFTs Are 'Not Dead,' Alchemy's Protocol Specialist Says
Alchemy's protocol specialist Jason Windawi joins "First Mover" to discuss Alchemy’s latest Web3 development report, which highlighted Solana gaining momentum and EVM development activity rising. Windawi also explains why he thinks non-fungible tokens (NFTs) are not dead. "I think NFTs are one of the most interesting spaces," Windawi said.

Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto
The renowned a16z VC talks to Daniel Kuhn about his new book, “Read Write Own: Building the Next Era of the Internet.”

Web3 Payments Firm Transak Joins Visa Direct to Streamline Crypto-to-Fiat Conversion
The deal allows the Web3 payments infrastructure provider's users in over 145 countries to easily convert crypto into local currencies.

Digital Asset Platform Web3Intelligence Raises $4.5M Ahead of New Token Rollout
The private funding round included participation from DAO MAKER, Shima Capital, and Gate.io among other investors

Japanese Lawmakers Want To Carve Out New Web3 Policies: CoinDesk Japan
"We would like to grasp the current situation in areas other than decentralized autonomous organizations and identify new important points for policy," Congressman Hideto Kawasaki said.

'One-Stop Station' Digital Identity Service Root Protocol Raises $10M Seed Funding
The funding rounds, which gave Root a $100 million valuation, were led by Animoca Brands and included contributions from a slew of other notable investors

Magic Leap Execs Believe Metaverse Needs to Focus on Real-World: Report
The Mixed Reality company has raised nearly $4 billion, as metaverse tokens post short term gains


