Web2 vs. Web3. Web3 has recently gained a lot of attention, with several major IT companies also making moves in this direction. So, what’s the big deal? What sets it apart from web2, the current version of the internet? Coinindesk, you’ll find comprehensive information about the Web2 vs. Web3 debate, including a breakdown of the key distinctions between the two. Additionally, we make an effort to foretell the shape that Web3 may take and to identify the ways in which crypto and blockchain technology will be integral to it. What is Web1 or Web 1.0? The advent of the Internet…
Author: admin
Exchange Coins and Tokens. Cryptocurrency exchanges often issue unique “exchange coins” to facilitate trade and other ecosystem services. These coins, also known as exchange tokens, allow users to gain access to exclusive features and services and reduce trading fees and prizes for staking. A lot of jargon is floating around when trying to define the various types of cryptocurrency. You name it: native coins, utility tokens, governance tokens, stablecoins, altcoins, and the list continues endlessly. One type of cryptocurrency, however, called an “exchange coin,” may be new to you. Cryptocurrency exchanges issue unique coins known as exchange coins. In the…
Hamster Kombat. Being the first IT company to reach 150 million users is a huge deal. The ascent of Hamster Kombat is one of the most fascinating stories of 2024 because only the most successful platforms can accomplish it. The 2016 augmented reality smartphone game Pokémon GO had 150 million users within 33 days. The record was kept by Instagram’s competitor to X, Threads, until the summer of 2023, when it was surpassed in just six days. Despite Threads’ lofty standards, the newly released Telegram game Hamster Kombat is the third-fastest app to ever onboard and achieve 150 million users.…
Privacy in Web3. Web2, the modern internet, has always had privacy concerns. Unwanted data harvesting, tracking, and identity theft are commonplace experiences for users. According to a Pew Research survey from 2023, more than 80% of adults in the US believe they have no control over the amount of personal data collected by the government and private organizations. But there’s new hope for people worried about their data privacy with Web3. In contrast to existing web platforms, Web3 architecture is focused on improving user privacy. But how true is the promise of Web3 data privacy, and how much hype surrounds…
European Crypto Business. The incoming European parliament will likely uphold the EU’s lenient stance toward the bitcoin market. The new European Parliament was elected last week by 185 million eligible voters across 27 member nations of the European Union. An increase in far-right representation, the EPP’s consolidation, and the Greens’ and European Free Alliance’s (Greens’) fall have all contributed to a new dynamic in European politics. When member states of the European Union disagree on contentious issues like how to divide up EU funds, how to handle asylum seekers, how to combat climate change and the energy transition, or how…
European Union’s MiCA Laws. The first set of new laws under the Markets in Crypto-Assets (MiCA) Regulation is about to take effect, and they will have a profound impact on the cryptocurrency environment within the European Union. The introduction of MiCA is anticipated to occur in stages. Regulations about stablecoins are widely expected to be implemented on June 30. Providers of services related to digital assets will be subject to new rules in December. Since its introduction in September 2020, officials have been building anticipation that this legislation, the first on the European continent, will establish standard market rules for…
Intent-Centric Blockchain. As blockchain technology develops, new ideas emerge; “intents” is one of the latest jargon to shake up the cryptocurrency industry. By bringing a new paradigm that promises advantages but also introduces new risks, these intent-centric programs radically alter the use of blockchains. These intent-centric solutions have recently driven a subtle revolution in the crypto field. However, what “intents” are making waves in the blockchain world? Redefining the paradigm of user engagement with these decentralized networks, they represent a particular goal that a user hopes to achieve within a blockchain context. This essay explores the core of blockchain intents,…
Baby Doge Coin Revival. Although Baby Doge Coin’s value has dropped recently, several exciting things have happened, such as a massive NFT partnership with the on-chain multiplayer game Katana Inu. The Baby Doge Coin community eagerly awaits the debut of playable characters and weapon NFTs that can be used within the game. This milestone has the potential to improve the token’s utility significantly. BabyDoge Price Prediction and Analysis Considering the project’s general health, some investors view the minor decrease in Baby Doge Coin’s price during the past day and week as a purchasing opportunity. Aby Doge Coin, with a market…
Top Uniswap Crypto Gainers. The top three altcoins on Uniswap in terms of gain are PRIME, INJ, and MUBI, which outperform the market—Adobe Stock image by Yury. Significant price changes are happening today across several coins as the cryptocurrency market attempts to rebound from its recent slump. After a recent drop, Bitcoin stabilized at around $41,000 despite downward pressure. Nevertheless, a few cryptocurrencies are defying the market trend and displaying bullish tendencies, such as INJ, PRIME, and MUBI. The varied paths of various cryptocurrencies emphasize the significance of maintaining a comprehensive market view, even though Bitcoin is a significant indication…
Phishing Floods TON Ecosystem. A blockchain security expert has cautioned that the Telegram-linked blockchain platform, The Open Network (TON) ecosystem, is becoming more vulnerable to phishing assaults. The creator of the blockchain security company SlowMist claims that phishers have been targeting the TON ecosystem, which includes TON-based coins and decentralized apps (DApps), more frequently during 2024 due to the community’s chaotic expansion. The creator of SlowMist, Yu Xian, noted in an X post on June 23 that “phishing activities in the TON ecosystem” are becoming increasingly common. Xian claims that scammers’ ease of access to TON messaging groups, where they…