Coinbase Global redesigns mobile app to make web3 more accessible to users (NASDAQ:COIN)

Leon Neal/Getty Images News Coinbase Global (NASDAQ:COIN) said Wednesday it has redesigned its mobile app to include a new decentralized application (“dapp”) browser allowing its users to more easily search for decentralized finance (“DeFi”) protocols as well as non-fungible tokens. The updated mobile app, which aims to funnel users to the web3 ecosystem, is starting to roll out on Wednesday with more users gaining access in the coming weeks, the crypto exchange said in a release. Specifically, on the browsers’ home screen, there’s a list of suggested ethereum (ETH-USD) dapps…

Bitcoin and Stocks Drop; Analysts See Risk of Further Downside

●Bitcoin (BTC): $20550, −2.06% ●Ether (ETH): $1084, −2.16% ●S&P 500 daily close: 3,674.84, +0.22% ●Gold: $1840 per troy ounce, −0.31% ●Ten-year Treasury yield daily close: 3.24% Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Author: Helene Braun, Bradley Keoun Source link

Sequoia Capital Launches Two New Funds to Expand Web3 Investment

Global venture capital and growth investor Sequoia Capital has announced the launch of two new funds – a $2 billion early-stage venture, and growth product for India as well as an $850 million dedicated one for Southeast Asia. The focus will also be on the Web3 ecosystem. Sequoia has ambitious plans for the region and aims to “double down.” It currently operates several programs, including Surge and Spark. While the former supports very early-stage firms, the latter offers fellowship to female founders other than venture and growth investments. The official…

Why web3 companies get hacked so often, according to crypto VC Grace Isford – TechCrunch

On the Chain Reaction podcast this week, Lux Capital’s newest investor, Grace Isford, joined us to talk about the opaque but crucial world of web3 infrastructure. At Lux, Isford invests in the companies working behind the scenes to make sure crypto exchanges are secure and reliable enough to avoid being hacked. Before joining Lux this February, Isford was an investor at Canvas Ventures focused on enterprise software and fintech. A data infrastructure investment she worked on at Canvas revealed to her the opportunity in the web3 space for companies to “share…

UAE committed to build Web3.0 community – News

Supplied photos The global metaverse market size was valued at $63.83 billion in 2021. The market is projected to grow from $100.27 billion in 2022 to $1.52 trillion by 2029, acording to Fortune Business Insights. Published: Sat 28 May 2022, 11:35 PM Last updated: Sun 29 May 2022, 12:47 AM The UAE is known to be at forefront of innovation and offers everyone a strong platform to explore opportunities in the fast-evolving Web3.0 community. What is Web3.0? It is the latest Internet technology that leverages machine learning, artificial intelligence, and…