Web3 Financial News

04.04 / 23:37

Binance NFT Web3 Metaverse Play To Earn Shiba Inu Best Crypto to Buy Now 4 April – SXP, SHIB, MASK

The specter of a recession looms large as recent job openings and factory orders data fall short of expectations, casting a shadow over financial markets and opening up the possibility for a pause on further interest rate increases by the Fed.

04.04 / 21:41

business Technology Digital NFT Web3 Digital Asset Opensea OpenSea launches advanced NFT marketplace aggregator

NFT marketplace OpenSea has unveiled OpenSea Pro, its new non-fungible token (NFT) marketplace aggregator aimed at serving the needs of professional users. OpenSea's acquisition of NFT aggregator Gem in April 2022 enabled it to develop and refine Gem's platform to create the new OpenSea Pro.

04.04 / 18:09

Blockchain privacy Web3 data Decentralization identity Web3 digital identity is here to stay, but it has a long way to go

In today’s digital age, most consumers have some form of digital identity. Whether it’s a social media profile, gamer tag or online banking credentials, digital identities have become an integral part of people’s daily lives.

04.04 / 18:09

business Blockchain Technology Developers Web3 Decentralization Dapps Google Cloud Support Celo Foundation and Google Cloud partner to support sustainable Web3 startups

The Celo Foundation has partnered with Google Cloud to support mission-aligned projects in Celo's blockchain ecosystem and advance the early adoption of Google Cloud services. The collaboration is set to allow founders building on Celo to access credits for Google Cloud and Firebase usage, thereby enhancing Celo's mobile-first infrastructure and decentralized applications (Dapps).

04.04 / 13:03

Adoption NFT Social Media Web3 Decentralization Video platform enters Web3, brings a decade of experience

The controversial topic of how social media platforms distribute ad revenue generated from user content came into the spotlight when Twitter’s new owner, Elon Musk, announced revenue-sharing plans with creators. In a tweet, Musk specified that the micro-blogging platform plans to share ad revenue with creators “for ads that appear in their reply threads.” However, no further updates followed the initial announcement, adding to the centralized social media giant’s infamy for being stingy when it comes to revenue sharing with people who create content on its platform.

04.04 / 13:03

Technology Adoption regulation Web3 censorship Midjourney AI users find workaround amid ban on Chinese President’s images

Midjourney, an artificial intelligence (AI) service that generates images from natural language descriptions, recently banned the making of pictures of Chinese President Xi Jinping, much to the dismay of its users. However, the ban has not deterred its users from finding a workaround by creating deepfakes of Xi, which are manipulated digital representations produced by sophisticated machine-learning techniques.

03.04 / 20:09

business Blockchain Technology Kucoin wallet Web3 Decentralization KuCoin Wallet spins off from KuCoin exchange, renames as Halo Wallet

Decentralized wallet KuCoin Wallet announced on Apr. 3 that it has rebranded as Halo Wallet and launched a new SocialFi ecosystem. According to the announcement, the newly independent Halo Wallet received a fresh round of financing from several investors, including KuCoin Ventures, IDG, HashKey Capital, and other Web3 strategic partners.

03.04 / 16:27

business Blockchain Technology Trading Web3 WonderFi merges with Coinsquare and CoinSmart to form regulated crypto asset platform

Canadian-based companies WonderFi Technologies Inc., Coinsquare Ltd., and CoinSmart Financial Inc. have announced their merger to create Canada's largest regulated crypto asset trading platform with over 1.65 million registered users.

03.04 / 11:59

business Adoption Web3 Metaverse OKX Training OKX launches metaverse training session with football star Rúben Días

Cryptocurrency exchange and Web3 technology developer OKX has been active in the space over the last month, with the latest announcement on its first immersive metaverse fan experience as a part of its “OKX Collective."

03.04 / 09:13

event Blockchain Altcoin Web3 Event Recap week The view from Paris Blockchain Week 2023: Web3 builds while the city burns

Paris Blockchain Week (PBW) celebrated its fourth edition in spring 2023 against a backdrop of riots, protests and general civil unrest. The builders in the Bitcoin (BTC), crypto, and Web3 spaces were unfazed by protesters chanting and dancing on the doorstep of the conference venue.

31.03 / 17:07

Blockchain Web3 Gaming Asia Sky Mavis Asia’s gaming giants bet on Web3 to transform the global gaming landscape

The Web3 gaming sector is growing fast, accounting for half of the entire blockchain industry in terms of on-chain activity. Asia Pacific is leading the trend, with China alone having over 700 million players ready to adopt blockchain-based games.

31.03 / 13:19

regulation Social Media Web3 marketing How a TikTok ban in the US could affect the crypto industry

On March 23, the world watched as United States lawmakers questioned TikTok CEO Shou Chew at a House Energy and Commerce Committee hearing in Washington. In the hearing, lawmakers grilled the CEO over suspicions that the Chinese government is gathering user data through the app.

31.03 / 13:19

Blockchain Adoption Web3 Gaming Huobi Ecosystem gala Gala Games Huobi partners Gala Games for L1 and Web3 development

Huobi Global, a cryptocurrency exchange, has declared a strategic partnership with Gala Games, a blockchain-based play-to-earn gaming platform.

30.03 / 13:57

event Adoption defi Web3 Metaverse ChatGPT AI makes the metaverse safer and more inclusive: The Sandbox co-founder

Artificial intelligence (AI) is the new buzzword in the emerging tech scene after the release of OpenAI’s chatbot ChatGPT-4. However, opinions on this groundbreaking technology are mixed, with some claiming it is something to be feared.

30.03 / 13:57

Blockchain defi solana Web3 layer2 Dapps Cosmos Testnet Injective launches layer-2 testnet for Solana-based apps in Cosmos

Developers may soon be able to port Solana Web3 apps to the Cosmos ecosystem, bringing new users to these apps and providing a greater variety of uses for Cosmos blockchains.

30.03 / 13:57

event Adoption regulation Web3 Hong Kong turns to Japan for advice after ‘mind-boggling’ Web3 influx

In light of Hong Kong’s commitment to developing cryptocurrency infrastructure, fintech official King Leung has visited Japan to talk with policymakers and regulators in Tokyo to better understand the idea around Web3 digital assets.

29.03 / 15:03

NFT defi Web3 Gaming play-to-earn Meet commercial NFTs: The next step in Web3 evolution

The concept of the metaverse was conceived with the aim of providing humanity with a better life in the digital world. Today, video games are leading the way as the most active bridge for physical and digital world interactions. The same goes for blockchain-based games, as gamers who have tasted true ownership of digital assets flocked to Web3 games. Data shows that over half of active blockchain wallets were used in the GameFi space in 2022.

29.03 / 13:29

NFT Web3 Artists Opensea Royalties Web3 creators at higher a loss for royalties than anticipated: data

The nonfungible token (NFT) space has been a proven gateway for helping users take their first steps into the Web3 space. This is particularly true when it comes to artists and creators using Web3 tools to enhance their work.

28.03 / 12:11

business Adoption Web3 Cointelegraph Itheum joins Cointelegraph Accelerator Program to democratize data ownership

Large corporations operating in the Web2 space continue to collect user data to boost profits but do not share most of this value with the users providing the data. However, with the emergence of Web3 technologies, the infrastructure necessary to bring back control to the people has arrived. Through a new Web3 technology built by Itheum, people can own, trade and be rewarded for their data as it transforms into a new high-value asset class that powers the future data economy.

28.03 / 10:25

NFT Web3 Non-fungible tokens Metaverse Fashion Yuga Labs Luxury Brand Gucci Collaborates with Bored Ape Creator Yuga Labs for Metaverse Project – Crypto Adoption on the Rise?

Luxury fashion brand Gucci is diving even deeper into the Web3 and the metaverse worlds, announcing a collaboration with the popular blockchain technology company and non-fungible-token (NFT) issuer Yuga Labs.

27.03 / 16:23

Blockchain Web3 Decentralization identity play From PayPal to Web3: Digital identity could play key role in unlocking mainstream adoption

The advent of the consumer internet in the 1990s brought unprecedented opportunities, democratizing access to information and communication, and revolutionizing digital commerce.

frequently asked questions about Web3

What is Web3 and why is it important?

Web3 is a significant category that draws public attention. On our site, we regularly publish news related to this subject.

Where can I find the latest updates on Web3?

All new posts about Web3 can be found in the special selection. We publish information regularly.

How can I verify the accuracy of information on Web3?

We use verified data to ensure that the information about Web3 is well-supported and informative for our readers.