How DeviantArt Protects Web3 Users, Announces Protect Protocol
Digital art gallery DeviantArt will provide Web3 users with an extra layer of security. The platform announced a “groundbreaking communication standard” for the nascent sector called Protect Protocol. Related Reading | 20% Of BlockFi Employees Lose Jobs Due To Crypto Market Crash Created as an open, interoperable, and decentralized communication tool, the Protect Protocol is an […]
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BitPay and Wix partner DeviantArt continues to improve its platform, already one of the largest online art galleries with a massive active community. The platform recently announced the launch of its new subscription feature for digital artists. Related Reading | How NFTs Could Enable New Ways To Fund Scientific Research This will enable them to provide […]
Bitcoin protects private property for its users due to its theft-proof design, its use of decentralized nodes and an immutable public ledger.
With TikTok facing the prospect of removal from the United States, users should realize that traditional tech companies are far less reliable than the decentralized web. People are often skeptical about Web3, many of them influencers and digital content creators. Notably, many of those most reluctant to embrace Web3 are very successful on Web2. Since they’ve mastered monetization on popular Web2 platforms such as TikTok, Twitch and others, why bother learning the rules of a new game? The current regulatory debate around restricting TikTok in the U.S. provides a salient example of the risks....
According to recent reports, the Galxe protocol, a prominent Web3 platform, has suffered a security breach resulting in the theft of users’ assets. Several users have reported unauthorized access to their wallets and subsequent asset losses following their engagement with the Galxe platform. Galxe Protocol Faces Security Breach The situation came to light when the […]
On Tuesday, the leading non-fungible token (NFT) marketplace in terms of all-time sales, Opensea, announced it is migrating to Seaport, an open source Web3 marketplace protocol. Opensea says the Seaport protocol migration from the Wyvern protocol will cut network fees by 35%, and users will no longer have to pay an account initialization fee. Opensea Migrates From Wyvern to Seaport: ‘A Foundation to Empower the Developer Community’ Opensea is moving to the Seaport protocol in order to enhance the NFT marketplace experience for users. The Opensea development team details that....