Web3

Benzinga hosted a Twitter Spaces event Thursday with Orlando Bravo, co-founder and managing partner of Thoma Bravo, a leading private equity and growth capital firm. Here's what he had to say about his parents, his first job, cryptocurrency, NFTs and Web3. Parents: “My Dad...

Coinbase Global Inc (NASDAQ: COIN) announced the launch of Coinbase Pay. The development comes as the cryptocurrency exchange platform looks to offer its users an easier way to fund their Coinbase Wallet from browsers, as well as explore Web3. Typically, the process to access and use DeFi, NFT, and...

Ethereum Foundation, the non-profit that supports Ethereum (CRYPTO: ETH) and related technologies, says 2021 was the year that “Web3” came into public consciousness, which allowed creators to break free from centralized platforms. What Happened: In its “2021:...

There’s nothing more valuable than a network. That’s according to Gav Blaxberg, the CEO at WOLF Financial, one of the premiere Twitter Inc (NYSE: WTR) Spaces hosts in the finance community. As part of Wolf’s launch of the “March Madness” finance version of...

Two of the best known and most valuable non-fungible token collections of all-time are together under the same ownership umbrella through an acquisition announced Friday night. What Happened: Yuga Labs, owner of the Bored Ape Yacht Club NFT collection and several other NFT series, announced it...

Bain Capital Ventures (BCV), the venture capital arm of Bain Capital, has launched a $560 million fund focused on the cryptocurrency space. What Happened: Bain Capital’s Crypto Fund I will exclusively focus on investing in early-stage cryptocurrency protocols operating in...

By Diane Dai Crowdpooling has become a people-powered engine for expanding the size, scope, ambition, and functionality of the DeFi ecosystem.  Since day one, the ethos of Web3 technology has been all about two things: decentralization and democratization. In its earliest days, crypto offered...

A leading cryptocurrency exchange and NFT marketplace is launching a gaming division that could see growth because the sector is recognizing the monetization efforts of non-fungible tokens and web3. What Happened: FTX announced the launch of FTX Gaming, a unit that will provide “complete...

Multinational technology giant Microsoft Corporation (NASDAQ: MSFT) is laying the foundation for its web3 strategy. What Happened: According to a job posting on the company’s website, Microsoft is looking to hire a Director of Business Development for Cryptocurrencies. The job...

Sequoia Capital has become the latest venture firm to bet big on web3 after leading a $450 million investment round in Polygon (CRYPTO: MATIC). What Happened: According to a report from TechCrunch, Sequoia Capital India led Polygon’s “first major financing round” which also saw...

The emergence of non-fungible tokens as an investment opportunity; the utility for holders; and the connection with communities are among the reasons more people are searching for NFT in investments.  While more public companies are getting into NFTs, offering investors an...

Surojit Chatterjee, Chief Product Officer at Coinbase Global, Inc (NASDAQ: COIN) in late December released his 10 predictions for Web3 and the crypto economy for 2022. Last year was bullish yet volatile for apex cryptocurrencies Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). In 2021, between Jan...

Before the coronavirus pandemic, community-based products, wherein the community is the product or the community enhances the product, were not as hot of a topic. That’s according to Canada native Greg Isenberg, who, for nearly 10 years before the onset of the pandemic, was building...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk elaborated on why he isn’t buying into the concept of the metaverse or Web 3. What Happened: Musk said he doesn't “necessarily buy into this metaverse stuff.” “I think we’re far from disappearing into the metaverse,...

Twitter Inc. (NYSE: TWTR) co-founder Jack Dorsey continued his tirade against Web 3.0, which has been touted by its supporters as a decentralized future version of the internet that would run on blockchain networks. What Happened: Dorsey, a big supporter of Bitcoin (CRYPTO: BTC), shared his...