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What are the best metaverse projects that investors should keep on their radar? Cointelegraph Research Metaverse Ranking Awards the top projects The metaverse continues to expand, with industry giants and upcoming players racing to seize a slice of the potentially trillion-dollar pie. Close to $2 billion was invested in blockchain-based metaverse deals in 2022, according to Cointelegraph Research’s VC database.  A 2022 report by McKinsey estimated the metaverse industry to potentially generate up to $5 trillion in revenue by 2030, an estimate overtaken by Citi's forecast of $8 to $13 trillion . These estimations reflect significant growth from the global metaverse market of $65.5 billion recorded in 2022. To realize these optimistic forecasts, the metaverse industry would need to sustain an impressive 85% compound average growth rate. VC metaverse funding in 2022. Source:  Source: Cointelegraph Research. Investors will never guess which metaverse won Cointelegraph’s 2023 Ranking...

The Funding Program for the ecosystem involves grants, incubation, and acceleration for all phases of product development, with approved applicants receiving up to $500,000 per project. Aleph Zero is launching a $50 million Aleph Zero Ecosystem Funding Program, the layer-1 privacy-enhancing blockchain announced on April 18. The nonprofit Aleph Zero Foundation overseeing its development of Aleph Zero aims to support developer teams to build on its platform and advance blockchain adoption globally. In an interview with Cointelegraph, Aleph Zero co-founder Antoni Zolciak shared that “the goal of the Aleph Zero Ecosystem Funding Program is to fund innovations from developer teams that expand the capabilities, functionalities, and adoption of the Aleph Zero blockchain.” Zolciak also told Cointelegraph that the program would support various project ideas, from proof-of-concept to experienced teams with solutions on different platforms. Aleph Zero wants to attract developers by providing co...

TheCaféDAO and TheLaborDAO sit down with The Agenda to discuss how decentralized autonomous organizations can revolutionize the fight for workers’ rights. Collective action, labor struggle and protest go hand in hand, and it’s no secret that unionizing and organizing to fight for workers’ rights is a tedious task. But is there a way to simplify and boost the efficiency of the process? On this week’s episode of the newly launched podcast The Agenda , Cointelegraph senior copy editor Jonathan DeYoung and head of markets Ray Salmond sit down with Larry Williams Jr., co-founder of TheLaborDAO, and Daniel Carias and Dustin Tong, co-founders of theCaféDAO, to discuss the state of worker s’ rights in the United States and how Blockchain can strengthen labor movements. The trio also touched on whether a decentralized autonomous organization (DAO) could successfully and equitably run a business. Workers should be stakeholders and have access to equity For Carias, the initial idea for theCaf...

The top 100 DeFi tokens had a volatile yet bearish week with nearly all the tokens trading in red on the weekly charts. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Uniswap, one of the leading decentralized exchange platforms, is integrating debit and credit card support for its users. It will allow Uniswap users to buy cryptocurrency directly with their cards. An ex-employee caused Ankr protocol’s recent $5 million hack. The DeFi protocol alerted relevant authorities and is seeking to prosecute the attacker while shoring up its security practices. A Web3 developer has claimed that many crypto ecosystem projects would rather get hacked than pay bounties. After reporting and helping patch a smart contract vulnerability, the developer claims that the projects he helped started to ignore him. However, despite a tumultuous year, DeFi, nonfungible tokens ...

Users will be able to swap and bridge assets across multiple networks like Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Fantom. Decentralized Exchange (DEX) aggregator OpenOcean has announced the rollout of its new interoperable "all-in-one" cross-chain swap platform, which allows users to swap and bridge assets across Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Fantom.  We’ve just launched our 1-click Cross-chain swap+aggregator! Get the best cross-chain swap rates, now live on @ethereum, @BNBCHAIN, @0xPolygon, @arbitrum, @avalancheavax & @FantomFDN. Dive in nowhttps://t.co/UNP6FBATu0 More info: https://t.co/X9JFUfVMNm — OpenOcean - A leading Web3 DEX Aggregator (@OpenOceanGlobal) December 20, 2022 According to OpenOcean, it has integrated Celer Bridge and the Multichain bridge within its platform to provide users with competitive rates across the supported chains. The DEX aggregator, which supports over 1,100 coins across multiple chains, seeks...

Ice phishing is a type of scam that exists only in Web3 and is a “considerable threat” to the crypto community, said the firm. Blockchain Security company CertiK has reminded the crypto community to stay alert over “ice phishing ” Scams — a unique type of phishing scam targeting Web3 users — first identified by Microsoft earlier this year.  In a Dec. 20 analysis report, CertiK described ice phishing scams as an attack that tricks Web3 users into signing permissions which end up allowing a scammer to spend their tokens. This differs from traditional phishing attacks which attempt to access confidential information such as private keys or passwords, such as the fake websites set up which claimed to help FTX investors recover funds lost on the exchange. #CertiKSkynetAlert 1/ Ice phishing is a considerable threat to the Web3 community Instead of gaining accessing to your private key, scammers trick you into signing permissions to spend your assets. We’ll outline below what to look out f...

The show features artists, collectors, and industry professionals across the world. The capacity to digitally authenticate almost everything, and the possibility of monetizing in ways nobody couldn't even imagine before. These are some of the ways in which the documentary series "NFTMe" introduces nonfungible tokens (NFTs). The show features artists, collectors, and industry professionals across the world sharing their experiences with NFTs and how the merger between art and technology has positively affected their daily lives. In six episodes of 30 minutes each, NFTMe introduces 50 pioneers in the NFT space from four continents, including American singer Susaye Green (of The Supremes), Queen Diambi (Queen of Democratic Republic of the Congo), digital artist for SpaceX & Nasa Refik Anadol, Madonna’s Music producer, along with Peter Rafelson and Cheryl Douglas of Portion, whose launched NFT collections for the Black-Eyed Peas, to name just a few. The first episode e...

The browser also features the ability to enable HTTPS everywhere, bringing an extra layer of protection and making sure the websites people visit use proper encryption protocols. Web3 browser Opera has announced a new set of security tools intended to help its users mitigate common risks associated with malicious actors in the Web3 ecosystem. The new set of security tools called Web3 Guard is a suite of browser security features that promises to protect users against malicious decentralized applications (DApps), seed phrase phishing attacks and malicious actors. The security tool scans for known security risks associated with DApps, such as suspicious code, security vulnerability and audit history. This helps users to get a better insight into the DApp they are planning to browse and alerts them in case any of the mentioned vulnerabilities are found. The built-in security tools would also check for any seed phrase phishing attacks by scanning web pages for telltale signs of exploit, ...

Smart contracts functionalities on the Bitcoin network could boost adoption and provide additional liquidity to DeFi. Taproot support across the industry is still crawling one year after the Bitcoin soft fork, indicating a strong potential for innovation and broader Adoption of Web3 solutions to be unlock ed through the world's largest cryptocurrency, sources told Cointelegraph.  "Since early on, Satoshi predicted that layers being built on top of the Bitcoin blockchain would enable Bitcoin to move beyond being only sound money by adding programmability, which makes Bitcoin the optimal framework to build out Web3 capabilities," noted Alex Miller, CEO of the Web3 developer platform Hiro. The Taproot upgrade took place in November 2021 and laid the foundation for accelerating decentralized financial services through the Bitcoin (BTC) network. It enables more efficient validation of multi-signature scripts, which addresses privacy issues, and improves block storage by red...

Cointelegraph Research asked top venture capitalists and industry professionals, “What is Web3, and what does it mean for the industry?” The third quarter of 2022 saw a reduction in venture capital activity across the entire blockchain industry. Investors appear to be moving away from decentralized finance (DeFi) and into Web3.  The crypto industry tends to have a problem with overusing buzzwords, like the way “DeFi” was everywhere just a couple of years ago. In 2022, it seems like every new startup and established blockchain company alike is taking up the “Web3” mantle. But what exactly is Web3? Cointelegraph Research delved into the matter in its recently released Q3 2022 Venture Capital Report. To further understand the subject, it held a panel discussion with venture capitalist investors to find out how they see Web3. Web3: The newest buzzword  The panel was asked whether the term Web3 is overused or the next big thing. Tim Draper, founder of Draper Fisher Jurvetson, said: “The ...