Web3 is the solution to Uber’s problem with hackers
Centralized databases on Web2 are a honeypot for hackers. Decentralizing data on Web3 eliminates a major vulnerability for companies like Uber. 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 user data, or at least, there is no evidence to suggest otherwise. Whether or not sensitive user data was exposed,....
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Web3 security’s not only about money; it’s about the culture and values that the community protects, which brings out the need for education, points out Cointelegraph’s Kristina Cornèr. Celebrating the myriads of accomplishments earned by the crypto ecosystem, Immunefi, Electric Capital, Bitscale Capital and MA Family together hosted The Bug House — a party for bringing together the global Web3 community. In a panel hosted by Cointelegraph, editor-in-chief Kristina Lucrezia Cornèr sat with Mitchell Amador, founder and CEO at Immunefi, and Brendan Eich, founder and CEO of Brave browser, to....
The crypto bear market has had a number of implications, one of these has been in the ability of Web3 projects in the space to make money. However, not every project has run into the problem of difficulty raising funds. In this interview, we sit down with Vikram Aditya of DAOLens, a Web3 project that […]
Uber reported losses of over $1.2 billion during the first six months of 2016, indicating a changing ridesharing landscape. This massive shortfall, according to Uber’s head of finance Gautam Gupta, is caused by driver subsidies. In an effort to maintain its top position while still offering competitive pricing to customers, the ridesharing giant has reportedly spent at least $1 billion in China alone in subsidies for drivers. Investor speculation concludes that Uber is pursuing a “grow first, ask questions later” model, seeking to secure total market dominance before pivoting to....
Web3 has had severe scalability concerns. But application sidechains have emerged as a viable answer to crypto’s most persistent problem. By far, the innovation with the most impact in the Web3 world this year is the sidechain. The highest-volume blockchain providers in the world — Binance, Polygon, Ankr and Avalanche — have all recently released sidechain functionality. They are investing hundreds of millions into these new implementations — and with good reason.Sidechains are the most likely multichain solution to crypto’s scalability problem. Multiple projects have failed or stalled....
Unsung.org and Austin-based Arcade City are making a difference feeding people in need within the Texas capital. So far the two teams have delivered 1,000 meals throughout the city as the ambitious project continues hacking away at hunger. 1,000 Meals Delivered in Austin. Unsung.org is an application that feeds the hungry by delivering unwanted food from....