Industry
What is necessary for Web3 to fully replace Web2?
Web3 is the buzzword that's on everyone's lips — but when you put the mania aside for a moment, there's a burning question that needs to be asked: Can these projects fully replace Web2… and what stands in the way of this happening?Wayne IngramNFT trading volume plunges 98% from January despite rise in adoption
According to data compiled from Dune Analytics, the weekly trading volume of nonfungible tokens, or NFTs, across the blockchain realm has plunged to $114.4 million.Craig GreenAlmost $1M in crypto stolen from vanity address exploit
The hacker stole 732 ETH worth about $950,000 and sent it to the sanctioned Tornado Cash mixer.Jerry McNeillRobinhood Web3 wallet enters beta, taps Polygon as first blockchain
Crypto and stock trading platform Robinhood announced the launch of Robinhood Wallet, a self-custody, Web3 wallet, with Polygon (MATIC) as its first supported blockchain.Martha GrizzardPantera CEO bullish on DeFi, Web3 and NFTs as Token2049 gets underway
Pantera CEO Dan Morehead highlighted the potential growth and value of Decentralized Finance (DeFi), Web3 functionality, nonfungible tokens (NFTs) and Metaverse applications in his opening keynote speech at Token2049 in Singapore.Hallie GillChristie’s moves on-chain with NFT auction platform on Ethereum
After a series of successful high-priced nonfungible token (NFT) sales, Christie’s has launched its own dedicated NFT “on-chain auction platform,” allowing auctions to be carried out fully on-chain on the Ethereum network.Sherry CantwellApple's new policy will allow NFT marketplaces to sell NFTs through Apple Pay
With the new policy, marketplaces like OpenSea, LooksRare, and Magic Eden, amongst others, can offer their hosted digital collectables for sale through the Apple Pay gateway.Wayne IngramFTX US acquires Voyager for $1.422 billion
Crypto lending platform Voyager Digital announced that it has selected West Realm Shires Inc. ("FTX US") as the highest and best bidder for its assets. The official committee of unsecured creditors notarized and supported the winning bid by FTX US.Hallie GillBritish pound drops to all-time low against the dollarIs, it Bitcoin’s time to shine?
On Sept. 26, the British pound hit a record low against the U.S. dollar following the announcement of tax cuts and further debt increases to curb the impact of a possible economic recession. The volatility simply reflects investors' doubts about the government's capacity to withstand the growing costs of living across the region.Barry StidhamMEVbots backdoor drains users’ Ethereum funds via arbitrage trading bot
MEV gain, an Ethereum arbitrage trading bot built by MEVbots, which claims to provide stress-free passive income, has been actively draining its users’ funds via a fund-stealing backdoor.Sherry CantwellApeCoin community launched a new proposal AIP-88 to create NFT Launchpad
On September 25, ApeCoin community has launched a new proposal AIP-88, which aims to launch Launchpad for ApeCoin NFT project and integrate ApeCoin community into an NFT launch platform.Cornell RachelNFT market volume fell 75% to $2 billion in Q3
Although the NFT market has seen a 75% decrease in transaction volume so far in the third quarter compared to the second quarter to $2 billion, the number of sales is expected to increase by 6% to 21.1 million by the end of the third quarter.Sherry CantwellUniswap COO: One-Stop NFT Trading Products Will Be Launched This Fall
Uniswap Labs COO Mary-Catherine Lader said at the MAINNET crypto conference in New York that they are looking at "several new products" and are expected to launch a one-stop NFT trading product this fall, allowing users to trade on Uniswap. Buy and sell NFTs from different markets.Wayne IngramLatest Convex Finance price Today and CVX to USD price for September 26, 2022
The last trading price of Convex Finance on September 26, 2022 was $4.68 USD, a change of -1.3% for today. CVX had traded in a range of $4.60 to $4.78 in the previous twenty-four hours.James DeanLatest XRP price Today and XRP to USD price for September 26, 2022
The last trading price of XRP on September 26, 2022 was $0.493259 USD, a change of 2.4% for today. XRP had traded in a range of $0.480753 to $0.517836 in the previous twenty-four hours.Hallie GillBlockchain VC funding falls to 12-month low in August
The crypto market downturn continues to impact private funding, but one fund is bullish about the future of Web3.Barry StidhamBinance receives green light for crypto services in Dubai
Crypto exchange Binance received a Minimal Viable Product (MVP) license from Dubai's Virtual Asset Regulatory Authority (VARA), enabling the crypto exchange to offer a range of virtual asset services to qualified retail and institutional investors, the company disclosed on Tuesday.Cornell RachelTribe DAO votes in favor of repaying victims of $80M Rari hack
After months of uncertainty, the Tribe DAO has passed a vote to repay affected users of the $80 million exploit on decentralized finance (DeFi) platform Rari Capital's liquidity pools.Wayne IngramEdward Snowden Warns Against Investing In Dogecoin Clones, And The Shiba Inu Community Isn't Happy
Edward Snowden has hit out at memecoins such as Shiba Inu Coin, warning his followers about trying to get rich off "a clone of Dog money".Martha GrizzardTwitter NFT Android: Can You Add Twitter NFT Profile Picture (PFP) on Android?
Social networking giant Twitter recently joined the growing bandwagon of NFTs when it launched the Twitter NFT profile picture feature (PFP). However, upon launch, Twitter NFT Android enthusiasts were left out of the NFT party.James Dean
