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In the wee hours of Oct. 18, several parts of Europe, America and Asia were left without any internet due to several undersea internet cables being “cut,” causing a chain reaction of connectivity problems across the globe. France, Italy and Spain, in particular, were faced with significant outages, with many
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Dear Elon, This Is How to Decentralize Twitter and Give the Internet Back to Everyone Original Source
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The new startups have raised millions of dollars, which again might sound like chump change from a crypto perspective, but was “unthinkable until about a year ago,” said Ted Galebach, founder of Uqbar Network, one of the newer players on the scene. The number of developers in the ecosystem is
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Known as Web2, the current iteration of the internet emphasizes creating and distributing user-generated content. Websites like YouTube, social media apps like Instagram and Twitter, news sites, personal blogs and more make up a large part of the internet.Web2 is a step up from Web1, which was mainly a read-only
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With some $20 billion in average daily volume over the past month, the Binance exchange is roughly eight times larger than its nearest competitor, FTX, in terms of transactions, according to Coinranking. Thus, its announcement stirred some controversy at first, interpreted as the exchange’s attempt to use its heft to
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Talks to resolve a dispute over losses GMO suffered due to a "power shortage" were paused when Riot acquired the facility, according to GMO. Given the decrease in hosting fees, it looked like the Japanese company was asking for $3 million for the power shortage losses, until April this year,
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Since the start of the crypto arm in 2018, a16z has raised more than $7.6 billion to invest in crypto and blockchain companies. That includes its fourth crypto fund, established in May with $4.5 billion even as the market tumbled. Bitcoin has fallen from last November's record high of $69,000
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Web3 came into existence posed as a blockchain-powered disruption to the current state of the internet. Yet, as a nascent technology, a fog of assumptions plagues discussions about the real capabilities of Web3 and its role in our day-to-day lives.Considering the promise of a decentralized internet using public blockchains, a
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The astrologer’s zodiac-themed NFT collection and token-gated Discord channel is her first venture into Web3. Original Source
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Bastyon is a social platform that combines elements of Youtube, Twitter and Torrent; it is closing in on half a million users and growing fast. Bastyon is built on the premise that social media should be Web 3.0, decentralized with an open-source code, distributed node infrastructure and no corporate entity
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