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Binance Launches Bitfinity, a Payments Company Targeting the Web3 Economy – Bitcoin News

Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy, partnering with Paysafe and Checkout.com. Bitfinity Launches to

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Manchester footballing rivalries commence in field of Web3

Leading English football club Manchester City have announced an inaugural cryptocurrency exchange partnership with OKX across both its men’s and women’s teams, as well as the clubs emerging e-sports ventures.According to the club’s press release, the collaboration will focus on “exclusive experiences for OKX’s global customer base, in addition to an

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Web3 gaming in the third world; Axie facilitating billions

The research department of blockchain analytics platform Nansen have published a comprehensive guide to popular play-to-earn game Axie Infinity, calculating quantitative insights such as that 2.8 million unique addresses are currently holding 11.1 million Axies, alongside that 97% of those users hold a minimum of three Axie nonfungible tokens, or

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Why decentralization isn’t the ultimate goal of Web3

The transition from Web2 to Web3 is inevitable. Yet, as the demand for decentralization gains momentum, several important questions are being raised about the current state of blockchain technology and its promised “decentralization.”Vitalik Buterin responded with a confession that “a lot of it comes down to limited technical resources and

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What is the role of a decentralized autonomous organization in Web3?

A DAO empowers its community members with voting rights and allows investors to send, receive and store value globally, automatically and anonymously.  For years, automated systems have been viewed as a way to reduce annoying hurdles to humans, such as dealing with lengthy and burdensome traditional bureaucratic systems. A

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Youtube Seeks Web3 Director With Experience Trading Crypto, According to Recent Job Listing – Bitcoin News

Youtube, the online video sharing and social media platform owned by Google, is hiring a director to work with Web3 technology, according to a job listing published on Linkedin. While Youtube requires 15 years of product management experience, the company prefers a candidate that is familiar with “buying, owning, and

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Point Network Launches Full Web3 Architecture – Press release Bitcoin News

press release PRESS RELEASE. This was the title of a recent talk by Serge Var, CEO and Co-Founder of Point Labs, at the 2022 Web 3.0 Conference in January. Serge presented arguments that despite numerous projects calling themselves “Web 3.0” and “decentralized”, we are not quite there yet: we’re still relying

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Chingari integrates native token to advance Web3 social networking

Indian social networking platform Chingari has announced ambitions to revolutionize the experience of its 100 million-user creator economy through the integration of native digital asset, $GARI, and accompanying cryptocurrency wallet via the Solana blockchain.Translating into the word ‘Spark’ in the languages of Urdu and Hindi — a branding visibly consistent

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