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Showing posts with the label web3

Top crypto sectors to keep an eye on in 2025

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The crypto market had strong momentum heading into 2025, with a total capitalization up more than 40% year-to-date (YTD), fueled by bullish developments across major assets.  However, the tailwinds cooled off during the first quarter, causing the total market cap to drop by nearly 19% before rebounding again in the second quarter. Supported by regulatory clarity in the U.S., landmark stablecoin bills, and growing institutional adoption, the renewed momentum generally continued in the summer.  While the general picture does appear positive, the details naturally vary among different sectors, with some of them exponentially outperforming the others YTD and virtually carrying the market, based on data published by Binance Research on August 28. Crypto sector YTD performance. Source: Binance Research DeFi, tokenized equities, and stablecoins dominate This year, stablecoin supply rose 35%, hitting a record $277.8 billion amid renewed inflows and expan...

Opinion: Why Did Trump Not Mention Ethereum and Web3 in His Speech?

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Author: Meng Yan Translation: WuBlockchain On July 27, during Trump’s 50-minute speech at the Bitcoin conference in Nashville, many considered it another milestone event for the crypto asset industry. However, it was noted afterward that Trump did not mention Ethereum, blockchain, or Web3 at all; the only time Vitalik was mentioned, it was later discovered to be a mishearing. Why didn’t Trump mention Web3? The exact reason is unknown; you might have to ask the person who wrote Trump’s speech, reportedly David Bailey, CEO of Bitcoin Magazine. However, if you view this within the broader context of the entire crypto industry, it becomes easier to understand. In short, Trump’s speech essentially reflected the progressive Bitcoin maximalist stance. Bitcoin and Ethereum are the two leading forces in the crypto industry, often compared side-by-side. However, they are fundamentally different, representing two entirely different ideological camps: Bitcoin embodies “useless utility,” while Ethe...

Rebase announces IRL Cup to celebrate IRL token launch

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In an exclusive press release shared with crypto.news, Rebase, a digital platform harnessing blockchain, augmented and virtual reality technologies to reshape advertising, is announcing the IRL Cup, an event celebrating the launch of IRL, the platform’s native token .  The IRL Cup aims to engage the web3 community through entertaining and rewarding activities. The event will start on Dec. 24 and will run for three months. Rebase has prioritized user engagement. It has over 45,000 active users and 700,000 miles within the app.  The IRL Cup promotes physical activity and seamlessly integrates real-world movement into the virtual space. Participating users can earn points by performing various activities within the app.  You might also like: Circle launches EURC stablecoin on Solana The event has three leaderbo...

More brands will be using web3 to capture market share in 2024 | Opinion

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Consumer retail spending is rising, with shoppers spending almost $10 billion in online Black Friday sales this year. Clearly, demand for great products has not waned despite inflation, and so competition for consumer attention is on the rise. There is an unexpected beneficiary to this tug-of-war between brands for consumer dollars—web3. In 2024, we’re likely to see growing numbers of brands and companies leveraging web3 to strengthen the bond between their brand and customers. You might also like: Beyond the hype: Web3 is in dire need of a rebrand | Opinion Blockchain engagement campaigns   The latest developments in web3 give consumer brands a powerful tool to enhance their membership and loyalty programs. In return for their loyalty, customers can now own their interaction with brands as an NFT, creating powerfu...

Web3 games raised $600m in Q3, 50% less than in 2022

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Analysts at DappRadar say the decline in funding is due to the distinct market dynamics of 2023. Web3 gaming projects raised $600 million in Q3 2023, which is 50% lower than in Q3 2022, according to data provided by DappRadar. Although the number of deals in the third quarter was not specified, the analysts say that web3 gaming raised $2.3 billion since the beginning of 2023. However, as noted by DappRadar, venture capitalists (VCs) such as Andreessen Horowitz (a16z) were not interested in gaming projects only as the significant allocation (nearly 44% of all funds) was towards investment firms this time. Web3 investment cashflow breakdown | Source: DappRadar Despite this investment sentiment shift, DappRadar says that investors’ strategy “underscores the confidence and commitment VCs hold for the future of this domain.” You might also like: Epic Games announces layoffs as expenses exceed revenue This shift also coincides with other sectors, such as...

To assist displaced individuals, a local Web3 community establishes “Crypto Aid Israel.”

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In the realm of crafting compelling content, three critical elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity serves as a yardstick for text intricacy, while burstiness evaluates the ebb and flow of sentence structures. Finally, predictability gauges the likelihood of predicting the subsequent sentence. Human authors often inject greater burstiness into their writing, mixing longer, complex sentences with succinct ones, creating an engaging rhythm. In contrast, AI-generated sentences tend to exhibit uniformity. Thus, for the forthcoming content you are tasked with crafting, we must strive for a healthy dose of perplexity and burstiness, while minimizing predictability. Please note that the content must be exclusively in English. Now, let’s reshape the following text: The charity campaign aspires to secure funds for delivering humanitarian assist ance to civilians in Israel who have been impacted by the recent...

How AI-powered technologies protect brands from IP fraud in Web3

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How can companies reach a balance between innovation and protection in Web3? This decentralized network employing AI tools combats NFT fraud and wash trading. Brands and creators exploring Web3 are wary of IP fraud and wash trading risks, but AI-powered technologies can detect such problems and make this emerging ecosystem safer for all participants. Web3 is about to knock on every brand’s door. Innovations like nonfungible tokens (NFTs) offer unique benefits for creators and brands, like securing ownership on the blockchain, establishing direct connections with audiences and offering customized experiences. Despite the unprecedented Features , the reality slap can be painful. Many companies and brands that want to become early adopters of Web3 realize that this is a complex, fragmented and underregulated landscape that leaves room for intellectual property (IP) fraud and other risks. The decentralized nature of Web3 can democratize interactions and encourage a fair economic model, ...

Circle Unveils Programmable Web3 Wallet for Businesses

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Individuals with an interest in cryptocurrency often start by looking into Stablecoins . Unlike regular cryptocurrencies known for their price volatility, Stablecoins are intentionally designed to maintain a stable value by being pegged to a specific currency, like the U.S. dollar. In one of the recent announcements, USDC stablecoin issuer Circle has unveiled the launch of a programmable Web3 wallet. The new Web3 wallet will aid businesses in offering cryptocurrency payments to customers. Also read: PayPal Enters Stablecoin Realm With PYUSD Source: Coin Culture Circle’s new Programmable Web3 wallet will help embed crypto wallets in any application Regarding the new programmable Web3 wallet, Circle mentioned in the press release, “ With USDC, CCTP, Programmable Wallets, and our broader Web3 Services offering, our goal is to make it easy for developers to rapidly build, deploy, and scale blockchain-powered apps for a variety of use ca...

Pantera Capital leads $22.5M investment in M^ZERO Labs for decentralized infrastructure

The funds will be used to develop decentralized infrastructure that enables institutional investors to allocate assets on-chain. Berlin-based M^ZERO Labs, a company that seeks to build neutral infrastructure linking assets in the global financial system with decentralized applications, has raised $22.5 million in a financing round led by Pantera Capital. The funding round also includes participation from other investors such as Road Capital, AirTree, Standard Crypto, The SALT Fund, ParaFi Capital, Distributed Capital, Kraynos Capital, Mouro Capital, and Earlybird.  The company said the funds would be used to build a decentralized infrastructure that allows institutional participants to allocate assets on-chain and transfer value in a "completely transparent, open-source, and composable manner, while minimizing their exposure to counterparty risk." The capital will also be deployed to aid ongoing product development.  M^ZERO shared that its objective is to equip accredited ...