Are decentralized digital identities the future or just a niche use case? TLDR: Do you wish to have control of your own data and choose what to disclose? Then decentralized identity is the solution. Decentralized identification can make sensitive data more portable while keeping it secure, allowing for universal logins across a variety of applications without the use of passwords. Although digital…

How Web3 Technology Could Help Tackle Climate Change TLDR: Decentralized Web3 technologies could improve climate change coordination by using local knowledge and actors to guide policies and put funding where it’s needed. Climate change is a worldwide coordination issue. The system has been unable to come together on effective policy and capital investment to address humanity’s most serious…

Ethereum Finally Completes The Merge TLDR: The Merge has arrived! This Ethereum blockchain upgrade to a proof-of-stake (PoS) network promises improved security and scalability while radically reducing energy consumption. The long-awaited migration of the Ethereum blockchain to a proof-of-stake (PoS) consensus mechanism, The Merge, has finally taken place. Many blockchain systems consume a lot of…

Sanctioning Open Source Technology May Stifle Web3 Innovation TLDR: Lawmakers are pressuring web3 developers to be more accountable for problems that may arise outside of their control. This fear and uncertainty among developers is stifling innovation. Coinbase has agreed to pay some of the legal costs for six individuals who were affected by US sanctions on Tornado Cash…

TLDR: Users may move assets, NFTs, and their user identities between realms for work, living, and leisure with a chainless but multichain experience. Web3’s aim is to remove the middleman and allow customers to have control over their money and decisions. The current crypto infrastructure, on the other hand, is…

A key legal question remains whether digital assets including NFTs are securities, and therefore subject to the same rules as stocks. While the SEC has said that many tokens fall under its purview, some crypto enthusiasts argue regulations meant to police the equity markets shouldn’t also apply to virtual currencies. …

How NFTs Transforming Business Models TLDR: NFT is transitioning out of the hype phase of two-bit graphics into genuine web3 business models. The subscription business model became popularized by telecommunication companies and was soon adopted by music and video streaming providers. With this type of business model, access to content became more important than owning…

Ukraine became one of the world’s most crypto-friendly nations when it created its national cryptocurrency, the e-hryvnia, with legislation to legalize digital assets and make it one of the globe’s most crypto-friendly countries. The e-hryvnia was scheduled to debut near the end of 2022. However, in the wake of Russia’s…

CoinFund on the Lookout for Promising Web3 Companies After $300M Raise TLDR: Web3 has been getting a lot of attention from investors lately. This is because Layer-1 and 2 technologies, as well as DeFi and NFTs, are seen as very promising areas for investment. It’s no surprise that many individuals and organizations want a piece. Web3 projects are attracting investors despite…