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Weekly Web3 Gems | CW 20 [2023]
Whats up in Web3?
🔐 Ledger Wallet's Controversial Recovery Phrase Service
Ledger Wallet recently came under scrutiny as it launched its secret recovery phrase service. The crypto community has expressed mixed reactions, with some fearing this could compromise the user's anonymity and potentially expose them to security risks. Read More
🎨 ERC-6551: Transforming the NFT Landscape
The ERC-6551, a new NFT standard, is set to be a game-changer in the world of digital collectibles. Its introduction is likely to enhance interoperability, adding a new layer of possibilities for NFT developers and creators alike. Read More
💰 Coinbase Debuts Subscription Service with a Focus on Staking
Coinbase, the popular crypto exchange, has finally launched its much-anticipated subscription service with a prime focus on staking. The move is aimed at enhancing the overall user experience and facilitating hassle-free crypto staking for its users. Read More
🐧 Pudgy Penguins Enters Physical Toy Market
Pudgy Penguins, the well-known NFT collection, is set to enter the physical toy market. The move is likely to bridge the gap between digital and physical collectibles, fostering increased mainstream adoption of NFTs. Read More
🏦 Ripple Paves the Way for Central Banks to Issue CBDCs
Ripple, the blockchain-based payment protocol, has launched a new platform dedicated to helping central banks issue their own Central Bank Digital Currencies (CBDCs). This could potentially lead to a broader acceptance and usage of digital currencies globally. Read More
🗳️ Blockchain Advocacy Gains Momentum in US Congress
The US Congress is witnessing an increasing number of lawmakers advocating for the use of blockchain technology. This growing support could lead to progressive legislation favoring the broader adoption and usage of blockchain. Read More
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👁️ Worldcoin's Iris Scanner Attracts Black Market Interest
Worldcoin, a project aiming to distribute a global cryptocurrency via iris scanning, is now facing controversy as black market interest in its scanners surfaces. This raises security concerns and underscores the ethical challenges that Web3 technologies may face. Read More
Fundings of the week
Articles of the week
1) “Moral Responsibility: How Blockchain Can Improve AI Trustworthiness”, by Cointelegraph Magazine
This piece explores the role of blockchain technology in improving the trustworthiness of artificial intelligence. It makes a compelling case for the intersection of these two technologies as a solution for AI’s transparency issues. Read More
2) “Laser-Eyed Maxis vs JPEG Enjoyers: What You Need to Know About the Great Bitcoin Debate”, by Decrypt
This article delves into the ongoing debate within the crypto community between Bitcoin maximalists and those who see potential in the broader digital asset space, particularly NFTs. Read More
Podcasts of the week
1)“Is Ledger Safe? with CTO Charles Guillemet”, by Bankless
In this episode, Ledger's Chief Technology Officer, Charles Guillemet, discusses the safety of Ledger hardware wallets. Guillemet delves into the recent controversy around Ledger's secret recovery phrase service and its implications for user security. Listen now
2) “Erika from Adidas: GM Interview”, by GM from Decrypt
In this podcast, Erika, a representative from Adidas, discusses the sports brand's foray into the metaverse and its plans for the future. The interview provides valuable insights into how mainstream brands are navigating the transition to the digital realm. Listen now
Have a nice wekeend, everyone! ☀️