Deflationary tokens like Ethereum are the key to differentiating Web3 ecosystems from traditional capital markets.
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Visa: Token bridges were a favored target for thieves in 2022
The fraudsters would normally exploit the smart contracts to allow for the approval of unauthorized transactions.
Nigeria CBDC adoption spikes as fiat currency shortage grip the nation
The acute cash shortage in Nigeria was due to the central bank’s decision to replace older bank notes with bigger denominations amid rising inflation.
Web2 giants coming into Web3 could benefit ecosystem — PBW founder
Paris Blockchain Week founder Michael Amar believes large Web2 companies entering the Web3 space bring resources capable of increasing mass adoption.
CCP Games secures $40M funding for upcoming Web3 game
The financing was led by venture capital firm Andreessen Horowitz, with participation from Makers Fund, BITKRAFT, Kingsway Capital and HASHED, among others.
DeFi insurance payouts amounted to $34.4M in 2022: Report
Ninety percent of all DeFi insurance claims paid out since inception were distributed in 2022, according to OpenCover.
Neal Stephenson on the metaverse: ‘It’s happening in a different way’
Author Neal Stephenson said that many Web3 problems come from projects wanting to financialize everything very quickly.
Web3 a hot topic at SXSW despite bear market and declining interest in NFTs
Web3 was a major theme at SXSW 2023, yet previous hype around NFTs and building during a bear market may be contributing factors to Web3 […]
7 real-world cloud computing examples to know
From streaming videos to cloud storage solutions, cloud computing has become an integral part of our everyday lives.
ZenGo uncovers ‘red pill attack’ vulnerability in popular Web3 apps
The vulnerability has since been patched, although it affected several leading transaction simulation vendors.