Op-ed: Meet DePINs, web3’s best shot at real-world adoption in 2023

Ad After the rollercoaster crypto had been riding the past few years, it’s hard to hold back a grin when a new buzzword drops, no matter how much you believe in the Web3 dream. So when Messari rolled out a new name for something that had been around Web3 for a while — DePIN, Decentralized…

How to solve the blockchain infrastructure security problem while creating a dApp

Ad The race for WEB3 has begun. Venture capitalists, cryptocurrency startups, engineers, and visionaries are developing WEB3 (or Web 3.0) powered by blockchain. A new frontier arose, more democratic, decentralized, independent, and ideal for data recovery. But is everything so perfect regarding decentralization and security of infrastructures? No, and numerous cases of man-in-the-middle attacks are…

Crypto market is ‘healthier’ than prices may indicate, says a16z report

Ad Crypto prices are languishing way below the dizzying heights of 2021, even with Bitcoin’s (BTC) price breaching the $30,000 mark. And yet, despite the crypto winter last year, the market has matured and made progress, according to a16z’s latest ‘State of Crypto’ report. In a blog post on April 11, a16z noted: “… the…

Lessons For Move-to-Earn Projects in 2023

Ad Move-to-Earn, a protocol that tracks users’ movement via geo-tracking and rewards them for physical activity, gained widespread recognition last May, surpassing GameFi in search interest. However, the genre is essentially just two projects on Solana: Walken and STEPN. The two games have a similar premise but approach tokenomics, gameplay, and design differently. GameFi had…

Magic Eden eyes growth in web3 gaming following launch of Magic Eden Games

Ad The cross-chain NFT marketplace Magic Eden has launched its long-anticipated gaming hub, Magic Eden Games, following an announcement on March 22. Magic Eden Games is on a mission to assist gamers in uncovering the finest web3 gaming experiences. Every game on their platform is given a dedicated “explore game” page, which includes a detailed…

Op-ed: The unspoken Ethereum revolution: Are EOAs becoming obsolete?

Ad Under the radar, one of the most significant changes to the Ethereum ecosystem has been announced with little to no community reaction. Account abstraction is a core advancement in web3 account management, but the current roadmap brings a new goal — to remove Externally Owned Accounts (EOAs) entirely from the Ethereum ecosystem. The term…

Bitcoin breaks below $26.7K; liquidations rise over $230M in 24hrs

Ad Bitcoin reached a new year-to-date high of $28,865 prior to the FOMC meeting this afternoon. However, it then proceeded to lose both the $28,000 and $27,000 psychological support falling 7.2% in two hours. Over $224 million has been liquidated from the crypto markets over the past 24 hours, with $170 million in the past…

Sony Interactive Entertainment files for NFT patent

Despite the popularity of NFTs waning since the boom of 2021, Sony — one of the gaming industry’s most prominent players with a current market capitalization of $109.1 billion — has so far remained cautious on whether to enter into the NFT space. NFT framework for transferring digital assets between devices The company’s newly-published patent…