Web3

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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.

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Unstoppable Domains Reaches Unicorn Status After Series A
Unstoppable Domains Reaches Unicorn Status After Series A
Web3 digital identity service provider Unstoppable Domains lands $1 billion valuation after a $64 million Series A round led by Pantera Capital with contributions from Polygon...
Unstoppable Domains Reaches Unicorn Status After Series A

(Leah hetteberg/Unsplash, modified by CoinDesk)
Tribalism, Meritocracy, Money: What Sports and Crypto Fans Have in Common
Both groups love underdogs, too, Columbia Business School professor Omid Malekan writes for CoinDesk's Sports Week.
(Leah hetteberg/Unsplash, modified by CoinDesk)

The NFT television landscape is in its infancy. (DPMike/Getty Images)
Alameda Research Leads $3.25M Seed Round for Trustless Media
The New York-based company lets creators tokenize TV productions with NFTs.
The NFT television landscape is in its infancy. (DPMike/Getty Images)

(John E. Sokolowski/Getty Images)
Sports Picked up the Web3 Ball. Now Let Everyone Run With It
Blockchain technology can manage the likeness rights of amateur athletes. This op-ed by Heirloom's Joseph Bradley.
(John E. Sokolowski/Getty Images)

Report: 'Cryptojacking' in Financial Sector Has Risen 269% This Year
Report: ‘Cryptojacking’ in Financial Sector Has Risen 269% This Year
The number of “cryptojacking” cases across the financial sector has risen by 269% in the first half of 2022, according to a report by cybersecurity firm SonicWall. Halborn co-...
Report: 'Cryptojacking' in Financial Sector Has Risen 269% This Year

(Yunha Lee, CoinDesk)
For the Fans: How DAOs Could Change Sports
Experiments with decentralized autonomous organizations promise greater fan participation in sports teams. Is this the future? This piece is part of CoinDesk's Sports Week.
(Yunha Lee, CoinDesk)

Aptos Labs raised $150 million in a Series A round led by FTX Ventures. (Shutterstock)
Aptos Labs Raises $150M in Funding Round Led by FTX Ventures
The team is looking to bring the Diem blockchain back to life.
Aptos Labs raised $150 million in a Series A round led by FTX Ventures. (Shutterstock)

Alchemy CEO on $25M Developer Grants Initiative for Web3 Projects
Alchemy CEO on $25M Developer Grants Initiative for Web3 Projects
Alchemy is launching a $25M developer grant program to fund Web3 projects. Alchemy co-founder and CEO Nikil Viswanathan shares insights into the blockchain development communi...
Alchemy CEO on $25M Developer Grants Initiative for Web3 Projects

SkyBridge chief Anthony Scaramucci (Danny Nelson/CoinDesk)
Scaramucci’s SkyBridge Planning New Fund for Web3, Crypto: Report
The news follows a report earlier this week that SkyBridge suspended withdrawals from another fund due to steep declines in stocks and cryptocurrencies.
SkyBridge chief Anthony Scaramucci (Danny Nelson/CoinDesk)

(Shutterstock)
Blockchain Music Service Audius to Allow Users to Tip Artists Using Audio Token
The Ethereum and Solana-based streaming service will allow fans to send their favorite creators the platform’s governance token.
(Shutterstock)