Covalent CEO: There’s an ‘unresolved backlog’ of unfilled Web3 data roles
Ganesh Swami, CEO of blockchain data aggregator Covalent says there continues to be an “intense demand” for on-chain data analysts, that is yet to be satisfied. Speaking to Cointelegraph, Swami said that analysts are in “intense demand” as there’s a “real need” for data experts to “make sense” of on-chain data, explaining: “There is an […]
Web3 is the solution to Uber’s problem with hackers
Uber is a staple of the gig economy, for better or worse, and a disruptor that once sent shockwaves throughout the mobility space. Now, however, Uber is being taken for a ride. The company is handling a reportedly far-reaching cybersecurity breach. According to the ride-hailing giant, the attacker has not been able to access sensitive […]
What is necessary for Web3 to fully replace Web2?
Web3 is the buzzword that’s on everyone’s lips — but when you put the mania aside for a moment, there’s a burning question that needs to be asked: Can these projects fully replace Web2… and what stands in the way of this happening? The likes of Google and Facebook have made a killing during the […]
What is an NFT and why are they so popular?
Nonfungible tokens (NFTs) have been part and parcel of the cryptocurrency space for the last couple of years. Still, their value and utility across several industries have driven their proliferation into mainstream consciousness. Cointelegraph’s director of video production Jackson DuMont delves into the intricacies of NFTs, highlighting the importance of the underlying blockchain technology in […]
Web2 adoption key to Metaverse success, Klaytn Foundation founder — KBW 2022
Sam Seo, the director of metaverse-focused blockchain Klaytn Foundation believes widespread adoption of the Metaverse will be “easier” if Web2 companies integrate the tech with their products and services. Speaking to Cointelegraph during the Korea Blockchain Week (KBW) on Aug. 8, Seo suggested that Web3 Metaverse projects generally have issues attracting a mainstream audience, as […]
Animoca Brands targets social media giants in latest Web3 expansion plans
Animoca Brands co-founder and chairman Yat Siu stated that his firm will continue to “shepherd companies into Web3” to speed up the evolution of the internet into an open Metaverse. Siu has long advocated for the broader concept of an open Metaverse as opposed to a closed one that is dominated by large centralized Web2 […]
Rise of Web3: Metaverse tokens surge as Meta’s share price plunges
Meta Platforms, the parent company of Facebook, saw the largest single-day slide in market value for a U.S. company ever with a 26% fall in share prices on Thursday after the tech giant revealed disappointing earnings and a decline in daily active users. Meta famously changed its name from Facebook in late 2021, to signal […]