According to the official X account of SafeMoon, users will be able to transmit and receive Cardano’s native ADA in the multi-coin menu (Moonpay support), the wallet will feature a new decentralized application, and UI enhancements will assist users in ...

Does SafeMoon have a future?

In total, €52,544 went to an allegedly fraudulent broker known as Brokeragea. Yet another investor made 29 payments of €54,469 to accounts in Binance and Moonpay, enticed by the Ariol Investment Group this summer. “An employee of the said company ...

Should financial institutions reimburse scam victims? It depends which country they’re in

Keith A. President, Enterprise at MoonPay will be speaking at the upcoming Benzinga Future Of Digital Assets. Mark Nov.

Keith Grossman: Nobody Cares How Their Toilet Works

Interview with Orlando Merone, Managing Director of ConioThe New Capital Sin Of Venture CapitalInterview at Matěj Žák, CEO at Trezor: a deep journey inside

Worrying crypto news for Polygon (MATIC) – The Cryptonomist

Terra: very good news for the crypto Luna – The Cryptonomist

Kraken, a US-based cryptocurrency exchange, is reportedly delisting US Dollar Tether (USDT), DAI, Wrapped Bitcoin (WBTC), Wrapped Ether (WETH), and Wrapped Axelar (WAXL) stablecoins. With this move, the company is

Kraken Halts Transactions as It Delist USDT, DAI, WBTC, WETH, WAXL Stablecoins in Canada

Litecoin (LTC) whales are making their way back into the market once more as the bull market establishes itself. A number of large transactions have been flagged which suggests that these millionaire

Litecoin Whales Are Back In The Game, Can Price Reach $100?

Welcome to another edition of Crypto NFT Today! The past two weeks have been full of must-know events that'll be defining points for the future of

Crypto NFT Today: The Latest News in Blockchain, Cryptocurrency, & NFTs – October Week 4

US president Joe Biden has proposed a new US$105 billion (86.5 billion) national security aid package, including $61 billion for Ukraine. Pleading with Congress to cast aside petty, partisan, angry politics,

Funding for Ukraine is anything but certain after US elects new speaker

The collaboration aims to leverage Web3 tools to enhance experiential marketing and discover innovative ways to connect with Mastercard's consumer base

Mastercard and MoonPay team up to pioneer crypto payment and Web3 solutions

MoonPay

moonpay

It’s 2024, and we cannot go a second without being reminded of AI. It’s everywhere! YouTube channels, newsletters, gurus, and experts promise to dispel AI’s magic, bring you insights from behind the curtain, and tell you how to make money. Precedence Research projects the global artificial intelligence (AI) market to reach USD 2.5 trillion by 2032. Remember when the metaverse was the “Next Big Thing”? Facebook rebranded to Meta in 2021, pouring over $10 billion into developing metaverse-related technologies. Companies followed suit, investing billions, promising a new reality just around the corner. Your son will most certainly live there, and your daughter must prepare her virtual resume for her virtual job, for which she will be paid in virtual money! Right around that time, NFTs were taking the world by storm. Wherever you turned, you couldn’t avoid those boring Bored Apes, childish penguins, and all kinds of ugly “art” meets tech hailed as the new revolution, selling for millions with the involvement of major celebrities like Paris Hilton, Jimmy Fallon, and Justin Bieber. We heard it all: crypto will go to the moon, AR/VR will redefine gaming and virtual experiences, and blockchain promises a decentralized world for everyone. Now, the buzz has shifted to AI. Suddenly, everyone is an AI expert, launching newsletters, starting YouTube channels, and offering courses, consultations, and quick-fix solutions to leverage AI for success. The list is endless, but the promise is more or less the same: a metaphorical mattress where your dreams and dollars can multiply and live happily ever after! From the infamous “Here in My Garage” Tai Lopez to the convicted financial criminal Jordan Belfort, “The Wolf of Wall Street,” these false prophets, while predictable, often cannot predict anything. They emerge when a new technology gains traction, positioning themselves as pioneers despite having no real contribution, minimal experience, and shallow knowledge. But the imposter’s playbook is highly effective: find a trending topic, declare expertise, hype it to the moon, and capitalize on the craze. They hide behind flashy creatives, fun memes, big buzzwords, and exaggerated claims, building their brand over the broken dreams of their misguided followers. Desperate for quick gains, their audience hangs on their sophisticated words and grand promises while drowning themselves in losses. The Real Cost Misdirected investments, wasted time, and shattered expectations are common outcomes of following the imposters of tech. If you missed investing in Nvidia and want to catch the next OpenAI, don’t worry. They ease your FOMO and quickly turn it up with “follow me and subscribe to my newsletter, where I reshare news headlines and pretend I got secret insider knowledge from the founders.” These self-proclaimed gurus rarely provide the sustainable, actionable insights necessary for genuine success. After all, they have invested all their time in branding, outreach, and spamming your feed while the real experts are busy learning, building, and innovating. Most of the time, you are oblivious to what’s happening behind the scenes and their shady dealings under the table. A class action lawsuit, filed in December of 2022, alleges Hilton, Fallon, and other celebrities conspired in a “vast scheme” to artificially inflate the price of Bored Ape NFTs and enrich themselves, the crypto payments company they used to get the apes, MoonPay, and the company that made the Bored Apes, Yuga Labs. Celebrities like Tom Brady, Larry David, and Kevin O’Leary may have been responsible for billions of dollars in damages and losses by lending their credibility to the failed cryptocurrency exchange FTX. But they are not the cause, they are a symptom of a meme culture that rewards bombastic claims and a decrepit media industry vying for access, offering little if any, pushback. “At this point, I think I know more about manufacturing than anyone currently alive on earth.” Elon Musk claimed at the TED Conference on April 2022. These so-called experts often follow a familiar pattern. They emerge when a new technology gains traction, positioning themselves as pioneers despite having minimal experience or knowledge. They rely on flashy presentations, buzzwords, and exaggerated claims to build their brand. Their success hinges not on the depth of their understanding but on their ability to captivate an audience desperate for quick gains. Dream outcomes, unnecessary innovations, cookie-cutter solutions, and a few things that may have worked once but nothing you can use to achieve or replicate success in a rapidly evolving, highly unpredictable tech landscape. How to Spot a Genuine Expert So, how do you distinguish between a real expert and an imposter? Look for substance over style. True experts demonstrate a deep understanding of their field through consistent, valuable contributions. They acknowledge the complexities and limitations of the technology rather than presenting it as if it’s some kind of magical wowoo dust, when sprinkled on anything it would make it bigger, better, cheaper, and available for everyone! People like Andrew Ng, who consistently provides valuable insights and has a proven track record in AI, or Tim Berners-Lee, the inventor of the World Wide Web, continue to contribute meaningfully to technology discussions. They are educators, scientists, builders, innovators, and value creators who prioritize your growth. A genuine expert will: Provide In-Depth Knowledge: They offer detailed, nuanced explanations rather than oversimplified, sensationalist claims.
Acknowledge Uncertainties: They admit the limitations and challenges of the technology, presenting a balanced view.
Show Proven Experience: They have a track record of working in the field, backed by tangible results and peer recognition.
Focus on Your Growth: They aim to educate and empower you, not just sell you a product, service, or newsletter subscription. The AI Malaise AI, like every technology before it, is transformative, but it’s not magic. It holds great potential in its ability to augment human capabilities. But most of the headlines about taking over the world, doing our jobs, and the rosy future waiting for us as soon as we reach the singularity are nothing more than words with nothing to substantiate it. Just like the headlines on blockchain taking over every database and crypto replacing every currency and rendering banks irrelevant! If you’re truly interested in the reality behind the fog of headlines meant to sell ads, focus on understanding the principles, limitations, and practical applications of technologies like AI. Invest your time in learning before gambling your money away. Seek reputable sources and mentors who prioritize your development. Stay curious, stay skeptical, and let your genuine pursuit of knowledge guide you to real opportunities and growth. Question the credentials of those who claim expertise and seek out diverse perspectives. The true promise of AI, or any technology, lies in its ability to empower you, not in the empty promises of fast money. If anything, the past few years have shown us that there is always another trend and, with it, a chance to ride the waves of change. Let the hype fade, and let your curiosity and commitment to building yourself up guide you to genuine opportunities and real growth. Resources: Artificial Intelligence Index Report 2024
Artificial Intelligence in the News: How AI Retools, Rationalizes, and Reshapes Journalism and the Public Arena
Future Today Institute • 2024 Tech Trends Report
A twisted tale of celebrity promotion, opaque transactions and allegations of racist tropes
Record-breaking sale of Beeple's NFT artwork seems shady AF
Why Tom Brady, David Ortiz, Jimmy Fallon and other celebrities are getting sued over crypto
Former FTX spokesman Kevin O’Leary defends endorsement of Bankman-Fried’s crypto firm It’s 2024, and we cannot go a second without being reminded of AI. It’s everywhere! YouTube channels, newsletters, gurus, and experts promise to dispel AI’s magic, bring you insights from behind the curtain, and tell you how to make money. Precedence Research projects the global artificial intelligence (AI) market to reach USD 2.5 trillion by 2032. Precedence Research Remember when the metaverse was the “Next Big Thing” ? Facebook rebranded to Meta in 2021, pouring over $10 billion into developing metaverse-related technologies. Companies followed suit, investing billions, promising a new reality just around the corner. Your son will most certainly live there, and your daughter must prepare her virtual resume for her virtual job, for which she will be paid in virtual money! “Next Big Thing” Right around that time, NFTs were taking the world by storm. Wherever you turned, you couldn’t avoid those boring Bored Apes, childish penguins, and all kinds of ugly “art” meets tech hailed as the new revolution, selling for millions with the involvement of major celebrities like Paris Hilton, Jimmy Fallon, and Justin Bieber. “art” We heard it all: crypto will go to the moon, AR/VR will redefine gaming and virtual experiences, and blockchain promises a decentralized world for everyone. Now, the buzz has shifted to AI. Suddenly, everyone is an AI expert, launching newsletters, starting YouTube channels, and offering courses, consultations, and quick-fix solutions to leverage AI for success. The list is endless, but the promise is more or less the same: a metaphorical mattress where your dreams and dollars can multiply and live happily ever after! From the infamous “Here in My Garage” Tai Lopez to the convicted financial criminal Jordan Belfort, “The Wolf of Wall Street,” these false prophets, while predictable, often cannot predict anything. They emerge when a new technology gains traction, positioning themselves as pioneers despite having no real contribution, minimal experience, and shallow knowledge. But the imposter’s playbook is highly effective: find a trending topic, declare expertise, hype it to the moon, and capitalize on the craze. “Here in My Garage” “The Wolf of Wall Street,” They hide behind flashy creatives, fun memes, big buzzwords, and exaggerated claims, building their brand over the broken dreams of their misguided followers. Desperate for quick gains, their audience hangs on their sophisticated words and grand promises while drowning themselves in losses. The Real Cost Misdirected investments, wasted time, and shattered expectations are common outcomes of following the imposters of tech. If you missed investing in Nvidia and want to catch the next OpenAI, don’t worry. They ease your FOMO and quickly turn it up with “follow me and subscribe to my newsletter, where I reshare news headlines and pretend I got secret insider knowledge from the founders.” “follow me and subscribe to my newsletter, where I reshare news headlines and pretend I got secret insider knowledge from the founders.” These self-proclaimed gurus rarely provide the sustainable, actionable insights necessary for genuine success. After all, they have invested all their time in branding, outreach, and spamming your feed while the real experts are busy learning, building, and innovating. Most of the time, you are oblivious to what’s happening behind the scenes and their shady dealings under the table. A class action lawsuit, filed in December of 2022, alleges Hilton, Fallon, and other celebrities conspired in a “vast scheme” to artificially inflate the price of Bored Ape NFTs and enrich themselves, the crypto payments company they used to get the apes, MoonPay, and the company that made the Bored Apes, Yuga Labs. “vast scheme” Celebrities like Tom Brady, Larry David, and Kevin O’Leary may have been responsible for billions of dollars in damages and losses by lending their credibility to the failed cryptocurrency exchange FTX. But they are not the cause, they are a symptom of a meme culture that rewards bombastic claims and a decrepit media industry vying for access, offering little if any, pushback. “At this point, I think I know more about manufacturing than anyone currently alive on earth.” Elon Musk claimed at the TED Conference on April 2022. “At this point, I think I know more about manufacturing than anyone currently alive on earth.” Elon Musk claimed at the TED Conference on April 2022. These so-called experts often follow a familiar pattern. They emerge when a new technology gains traction, positioning themselves as pioneers despite having minimal experience or knowledge. They rely on flashy presentations, buzzwords, and exaggerated claims to build their brand. Their success hinges not on the depth of their understanding but on their ability to captivate an audience desperate for quick gains. Dream outcomes, unnecessary innovations, cookie-cutter solutions, and a few things that may have worked once but nothing you can use to achieve or replicate success in a rapidly evolving, highly unpredictable tech landscape. How to Spot a Genuine Expert So, how do you distinguish between a real expert and an imposter? Look for substance over style. True experts demonstrate a deep understanding of their field through consistent, valuable contributions. They acknowledge the complexities and limitations of the technology rather than presenting it as if it’s some kind of magical wowoo dust, when sprinkled on anything it would make it bigger, better, cheaper, and available for everyone! People like Andrew Ng, who consistently provides valuable insights and has a proven track record in AI, or Tim Berners-Lee, the inventor of the World Wide Web, continue to contribute meaningfully to technology discussions. They are educators, scientists, builders, innovators, and value creators who prioritize your growth. A genuine expert will: Provide In-Depth Knowledge: They offer detailed, nuanced explanations rather than oversimplified, sensationalist claims. Acknowledge Uncertainties: They admit the limitations and challenges of the technology, presenting a balanced view. Show Proven Experience: They have a track record of working in the field, backed by tangible results and peer recognition. Focus on Your Growth: They aim to educate and empower you, not just sell you a product, service, or newsletter subscription. Provide In-Depth Knowledge: They offer detailed, nuanced explanations rather than oversimplified, sensationalist claims. Provide In-Depth Knowledge: Acknowledge Uncertainties: They admit the limitations and challenges of the technology, presenting a balanced view. Acknowledge Uncertainties: Show Proven Experience: They have a track record of working in the field, backed by tangible results and peer recognition. Show Proven Experience: Focus on Your Growth: They aim to educate and empower you, not just sell you a product, service, or newsletter subscription. Focus on Your Growth: The AI Malaise AI, like every technology before it, is transformative, but it’s not magic. It holds great potential in its ability to augment human capabilities. But most of the headlines about taking over the world, doing our jobs, and the rosy future waiting for us as soon as we reach the singularity are nothing more than words with nothing to substantiate it. Just like the headlines on blockchain taking over every database and crypto replacing every currency and rendering banks irrelevant! If you’re truly interested in the reality behind the fog of headlines meant to sell ads, focus on understanding the principles, limitations, and practical applications of technologies like AI. Invest your time in learning before gambling your money away. Seek reputable sources and mentors who prioritize your development. Stay curious, stay skeptical, and let your genuine pursuit of knowledge guide you to real opportunities and growth. Question the credentials of those who claim expertise and seek out diverse perspectives. The true promise of AI, or any technology, lies in its ability to empower you, not in the empty promises of fast money. If anything, the past few years have shown us that there is always another trend and, with it, a chance to ride the waves of change. Let the hype fade, and let your curiosity and commitment to building yourself up guide you to genuine opportunities and real growth. Resources: Artificial Intelligence Index Report 2024 Artificial Intelligence in the News: How AI Retools, Rationalizes, and Reshapes Journalism and the Public Arena Future Today Institute • 2024 Tech Trends Report A twisted tale of celebrity promotion, opaque transactions and allegations of racist tropes Record-breaking sale of Beeple's NFT artwork seems shady AF Why Tom Brady, David Ortiz, Jimmy Fallon and other celebrities are getting sued over crypto Former FTX spokesman Kevin O’Leary defends endorsement of Bankman-Fried’s crypto firm Artificial Intelligence Index Report 2024 Artificial Intelligence Index Report 2024 Artificial Intelligence in the News: How AI Retools, Rationalizes, and Reshapes Journalism and the Public Arena Artificial Intelligence in the News: How AI Retools, Rationalizes, and Reshapes Journalism and the Public Arena Future Today Institute • 2024 Tech Trends Report Future Today Institute • 2024 Tech Trends Report A twisted tale of celebrity promotion, opaque transactions and allegations of racist tropes A twisted tale of celebrity promotion, opaque transactions and allegations of racist tropes Record-breaking sale of Beeple's NFT artwork seems shady AF Record-breaking sale of Beeple's NFT artwork seems shady AF Why Tom Brady, David Ortiz, Jimmy Fallon and other celebrities are getting sued over crypto Why Tom Brady, David Ortiz, Jimmy Fallon and other celebrities are getting sued over crypto Former FTX spokesman Kevin O’Leary defends endorsement of Bankman-Fried’s crypto firm Former FTX spokesman Kevin O’Leary defends endorsement of Bankman-Fried’s crypto firm

The Imposters of Tech

টেক ইম্পোস্টারস

Die Hochstapler der Technik

Los impostores de la tecnología

Les imposteurs de la technologie

तकनीक के धोखेबाज

テクノロジーの偽者

기술 사기꾼

Os impostores da tecnologia

Самозванцы технологий

Teknolojinin Sahtekarları

Những kẻ mạo danh công nghệ

科技的冒名顶替者

With the crypto market soaring due to the approval of Bitcoin ETFs and recovering after this long-lasting winter, a slew of new users are joining in. On the eve of the Bitcoin halving, crypto believers and newcomers search for reliable and secure exchange platforms to buy and swap crypto assets with no headache. A veteran cryptocurrency exchange, Changelly has already earned the trust of over 6 million users worldwide. This instant exchange platform operates in 150 countries, lists 100,000+ trading pairs, and is trusted by a number of crypto industry leaders: Ledger, Trezor, Exodus, Tonkeeper, Tangem, and many others. Today, we invite you to take a deeper look into Changelly and its offerings to both crypto ninjas and newbies. By the end of the article, you will learn how the platform has become a market leader and how it is transforming the Web3 space in 2024. Swap Anything for Anything: Changelly at a Glance Changelly, a global instant crypto exchange, has had a long presence in the market. It was launched in 2015 and has gone through numerous crypto winters and massive rallies. The platform demonstrates high liquidity, and among key features of Changelly, there is a wide listing with over 500 exchangeable cryptocurrencies and 100,000 trading pairs—you can swap literally anything for anything. Here are some other competitive advantages of the platform: Rock-solid security: Changelly does not store user funds and employs several high-level security standards and smart KYC verification (learn more about it here).
Ease of authentication: Users don’t need to go through mandatory authentication to access high transaction limits.
Best market rates: Changelly has partnered with over 20 crypto trading platforms to deliver competitive crypto exchange rates.
Fast transaction speed: Average exchanges via Changelly don't take more than 10 minutes.
Engaging user experience: The Changelly mobile app feels incredibly smooth to use and has great reviews on the App Store and Google Play as well as over 5 million installs. The platform also operates on the web.
Generous offers: Changelly often conducts promotion campaigns, like the current 0% service fee offer for in-app transactions. As a CeDeFi ecosystem, Changelly strives to combine the best technologies and attributes of both financial systems, granting innovative and convenient Web3-based products with lower fees, better security, accessibility, speed, and customization. Let’s dive into the details. Navigating Changelly: Seamless & Transparent Swaps As the global instant exchange platform nears nine years of market presence, Changelly seeks to constantly improve its features, user experience, and offerings to loyal and new customers. Meet new listings & trading pairs every week. Changelly's broad spectrum of exchangeable crypto assets is noteworthy, and they consistently demonstrate foresight by being among the first to list the most promising tokens and coins emerging in the market. Besides, Changelly connects with over 100 DEXs and 3 DEX aggregators, providing their own private liquidity and enabling users to trade thousands of DeFi tokens. Convert fiat to crypto. Changelly aggregates the best offers from a variety of trusted on-ramp payment providers, which include Moonpay, Banxa, Wert, and Simplex, to enable its users to purchase hundreds of cryptocurrencies with 50+ fiat currencies. Moreover, Changelly has recently introduced purchases of DEX tokens for fiat. Enjoy low fees & high exchange limits. Changelly offers one of the most competitive fees on the market—0.25% for crypto-to-crypto exchanges. All the fees are fully transparent and displayed in a separate section during the swapping process. Additionally, the platform's maximum and minimum exchange limits are $15 million and $10, respectively, the range meeting the demands of the majority of crypto users. Benefit from fixed & floating rates. As the crypto market is incredibly volatile, the ability to ‘lock’ a rate for the duration of the exchange can be an efficient safeguard against potential losses. Going with the flow has advantages, too: if the market turns green during your floating-rate swap, you might get more crypto than originally estimated. Deal with the live 24/7 customer support. Changelly has a dedicated help center: their multilingual support team is online 24/7 in chat and via email. The frequently asked questions and the most complicated cases are described in Changelly’s blog—for example, check the helpful immersive Crush Course for learning crypto basics. Easy Entrance to Web3 Community Partnering with the crypto industry’s big names, Changelly is generous with educational initiatives and beneficial activities, offers, and campaigns for its users. Anticipating the Bitcoin halving in 2024, Changelly has united forces with its prominent partners and Web3 industry leaders Topper, Tangem, and Zengo, welcoming everyone to the Bitcoin Halving Party on Cointelegraph with a selection of awesome gifts (like brand-new Apple Vision Pro) and valuable offers for crypto believers. Upon downloading the Changelly app, you will take advantage of 0% service fees for crypto exchanges. Follow Changelly’s socials to keep up to date with more opportunities: X (Twitter), Telegram, Instagram, and LinkedIn. This story was distributed under HackerNoon’s  Business Blogging Program. Learn more about the program here:
https://business.hackernoon.com/ With the crypto market soaring due to the approval of Bitcoin ETFs and recovering after this long-lasting winter, a slew of new users are joining in. On the eve of the Bitcoin halving , crypto believers and newcomers search for reliable and secure exchange platforms to buy and swap crypto assets with no headache. Bitcoin halving Bitcoin halving A veteran cryptocurrency exchange, Changelly has already earned the trust of over 6 million users worldwide. This instant exchange platform operates in 150 countries, lists 100,000+ trading pairs, and is trusted by a number of crypto industry leaders: Ledger, Trezor, Exodus, Tonkeeper, Tangem, and many others. Changelly Today, we invite you to take a deeper look into Changelly and its offerings to both crypto ninjas and newbies. By the end of the article, you will learn how the platform has become a market leader and how it is transforming the Web3 space in 2024. Swap Anything for Anything: Changelly at a Glance Swap Anything for Anything: Changelly at a Glance Changelly , a global instant crypto exchange, has had a long presence in the market. It was launched in 2015 and has gone through numerous crypto winters and massive rallies. The platform demonstrates high liquidity, and among key features of Changelly, there is a wide listing with over 500 exchangeable cryptocurrencies and 100,000 trading pairs—you can swap literally anything for anything. Changelly Changelly Here are some other competitive advantages of the platform: Rock-solid security: Changelly does not store user funds and employs several high-level security standards and smart KYC verification (learn more about it here). Ease of authentication: Users don’t need to go through mandatory authentication to access high transaction limits. Best market rates: Changelly has partnered with over 20 crypto trading platforms to deliver competitive crypto exchange rates. Fast transaction speed: Average exchanges via Changelly don't take more than 10 minutes. Engaging user experience: The Changelly mobile app feels incredibly smooth to use and has great reviews on the App Store and Google Play as well as over 5 million installs. The platform also operates on the web. Generous offers: Changelly often conducts promotion campaigns, like the current 0% service fee offer for in-app transactions. Rock-solid security: Changelly does not store user funds and employs several high-level security standards and smart KYC verification (learn more about it here ). Rock-solid security: here here Ease of authentication: Users don’t need to go through mandatory authentication to access high transaction limits. Ease of authentication: Best market rates: Changelly has partnered with over 20 crypto trading platforms to deliver competitive crypto exchange rates. Best market rates: Fast transaction speed: Average exchanges via Changelly don't take more than 10 minutes. Fast transaction speed: Engaging user experience: The Changelly mobile app feels incredibly smooth to use and has great reviews on the App Store and Google Play as well as over 5 million installs. The platform also operates on the web . Engaging user experience: App Store App Store Google Play Google Play on the web on the web Generous offers: Changelly often conducts promotion campaigns, like the current 0% service fee offer for in-app transactions. Generous offers: 0% service fee 0% service fee offer As a CeDeFi ecosystem, Changelly strives to combine the best technologies and attributes of both financial systems, granting innovative and convenient Web3-based products with lower fees, better security, accessibility, speed, and customization. Let’s dive into the details. Navigating Changelly: Seamless & Transparent Swaps Navigating Changelly: Seamless & Transparent Swaps As the global instant exchange platform nears nine years of market presence, Changelly seeks to constantly improve its features, user experience, and offerings to loyal and new customers. Meet new listings & trading pairs every week. Changelly's broad spectrum of exchangeable crypto assets is noteworthy, and they consistently demonstrate foresight by being among the first to list the most promising tokens and coins emerging in the market. Besides, Changelly connects with over 100 DEXs and 3 DEX aggregators, providing their own private liquidity and enabling users to trade thousands of DeFi tokens. Convert fiat to crypto. Changelly aggregates the best offers from a variety of trusted on-ramp payment providers, which include Moonpay, Banxa, Wert, and Simplex, to enable its users to purchase hundreds of cryptocurrencies with 50+ fiat currencies. Moreover, Changelly has recently introduced purchases of DEX tokens for fiat. Enjoy low fees & high exchange limits. Enjoy low fees & high exchange limits. Changelly offers one of the most competitive fees on the market—0.25% for crypto-to-crypto exchanges. All the fees are fully transparent and displayed in a separate section during the swapping process. Additionally, the platform's maximum and minimum exchange limits are $15 million and $10, respectively, the range meeting the demands of the majority of crypto users. Benefit from fixed & floating rates. As the crypto market is incredibly volatile, the ability to ‘lock’ a rate for the duration of the exchange can be an efficient safeguard against potential losses. Going with the flow has advantages, too: if the market turns green during your floating-rate swap, you might get more crypto than originally estimated. Deal with the live 24/7 customer support. Changelly has a dedicated help center: their multilingual support team is online 24/7 in chat and via email. The frequently asked questions and the most complicated cases are described in Changelly’s blog—for example, check the helpful immersive Crush Course for learning crypto basics . Crush Course for learning crypto basics Crush Course for learning crypto basics Easy Entrance to Web3 Community Easy Entrance to Web3 Community Partnering with the crypto industry’s big names, Changelly is generous with educational initiatives and beneficial activities, offers, and campaigns for its users. Anticipating the Bitcoin halving in 2024, Changelly has united forces with its prominent partners and Web3 industry leaders Topper , Tangem , and Zengo , welcoming everyone to the Bitcoin Halving Party on Cointelegraph with a selection of awesome gifts (like brand-new Apple Vision Pro) and valuable offers for crypto believers. educational initiatives educational initiatives Topper Tangem Zengo Bitcoin Halving Party Bitcoin Halving Party Upon downloading the Changelly app, you will take advantage of 0% service fees for crypto exchanges. Follow Changelly’s socials to keep up to date with more opportunities: X (Twitter) , Telegram , Instagram , and LinkedIn . X (Twitter) X (Twitter) Telegram Telegram Instagram Instagram LinkedIn LinkedIn This story was distributed under HackerNoon’s  Business Blogging Program. Learn more about the program here: https://business.hackernoon.com/ This story was distributed under HackerNoon’s  Business Blogging Program. Learn more about the program here: https://business.hackernoon.com/ https://business.hackernoon.com/

Meet Changelly, the Leading Global Crypto Exchange Platform for Secure and Instant Swaps

নিরাপদ এবং তাত্ক্ষণিক অদলবদলের জন্য শীর্ষস্থানীয় গ্লোবাল ক্রিপ্টো এক্সচেঞ্জ প্ল্যাটফর্ম, চেঞ্জেলির সাথে দেখা করুন

Lernen Sie Changelly kennen, die führende globale Krypto-Austauschplattform für sichere und sofortige Swaps

Conozca Changelly, la plataforma líder mundial de intercambio de cifrado para intercambios seguros e instantáneos

Découvrez Changelly, la principale plateforme mondiale d'échange de crypto-monnaies pour des échanges sécurisés et instantanés

सुरक्षित और त्वरित स्वैप के लिए अग्रणी वैश्विक क्रिप्टो एक्सचेंज प्लेटफॉर्म चांगेली से मिलें

Changelly をご紹介します。安全でインスタントなスワップを実現する世界有数の暗号通貨交換プラットフォームです。

안전하고 즉각적인 스왑을 위한 선도적인 글로벌 암호화폐 교환 플랫폼인 Changelly를 만나보세요

Conheça a Changelly, a principal plataforma global de troca de criptografia para trocas seguras e instantâneas

Встречайте Changelly, ведущую глобальную платформу криптовалютного обмена для безопасных и мгновенных свопов

Güvenli ve Anında Swaplar için Lider Küresel Kripto Borsa Platformu Changelly ile tanışın

Gặp gỡ Changelly, Nền tảng trao đổi tiền điện tử toàn cầu hàng đầu về hoán đổi an toàn và tức thì

认识 Changelly，全球领先的安全即时交换加密货币交易平台

, the leading financial media company for next-generation investors, is excited to announce a robust lineup of speakers that includes the world’s top investors, founders and entrepreneurs for its annual Nov. 14 in New York City. Benzinga Future of Digital Assets Conference This must-attend event promises to be the largest gathering of digital asset companies and institutional investors, offering a year's worth of networking opportunities in one day. Forge partnerships and build winning investment strategies. This event is where global power players, Wall Street money managers and blockchain visionaries meet and manifest a dynamic, future-forward Web3 marketplace. The Future Of Digital Assets conference will be preceded by the Nov. 13. Both events will be held at Convene at 225 Liberty St. in Manhattan. Benzinga Fintech Deal Day & Awards “We're gearing up for a monumental event this November. The lineup is unmatched, and we will truly be charting the course for how Wall Street and digital assets work with and against each other,” says Luke Jacobi, president of Benzinga. Benzinga’s impressive roster of speakers continues to grow daily. Some highlights include: Brett Harrison, Founder, CEO, Architect Richard Widmann, Head of Strategy Web3, Google Cloud Luca Netz, CEO, Pudgy Penguins Caitlin Long, Founder, CEO, Custodia Bank Mark Yusko, CEO, Chief Investment Officer, Morgan Creek Capital Management Keith Grossman, President of Enterprise, MoonPay Gracy Chen, Managing Director, Bitget David Palmer, Chief Product Officer, Vodafone Brooke Stoddard, VP, Client Team, Grayscale Investments Alex Salnikov, Co-Founder, Chief Strategy Officer, Rarible Abhishek Saxena, Investment Principal, Polygon Ventures Bobby Zagotta, CEO, Bitstamp USA, Global Commercial Officer, Bitstamp USA To see the full agenda with speakers, go here. Organizations sending speakers to this year's events include BlackRock, BNY Mellon, DTCC, OCC, State Street, Société Générale, Hedera, Citi, BMO, Dow Jones, Northern Trust, Franklin Templeton, Amazon, S&P Global, VanEck, Google, Fireblocks, Invesco, Moody’s, and EDX Markets, to name a few. The countdown to the Future of Digital Assets event has begun! With limited spaces remaining, now is the time to secure your spot and be part of a groundbreaking experience that promises networking, learning, and insights into the evolving world of digital assets. Register here. For more information, visit the . Future of Digital Assets event page Benzinga’s Fintech Deal Day & Awards | November 13, 2023 | Convene in NYC Use code HACKERNOON20 for 20% off tickets. . Get tickets here About Benzinga Benzinga is a leading content provider to global brokerages and media outlets, including Yahoo, MarketWatch, and Insider. Benzinga delivers high-quality, low-cost, and timely content directly to users through newswires, analytics software, and other data services. In addition to its core product portfolio, Benzinga hosts thought leadership, networking, and educational events to assist investors, founders, and operators in the next stage of their growth.

Build Wealth In Alternative Investments at Benzinga’s Future of Digital Assets Conference

Directed Acyclic Graphs (DAGs) have emerged as a promising alternative to blockchain technology. Unlike blockchains, DAGs boast a unique structure where transactions are linked in a directed, non-circular manner, with new ways to reach consensus. This innovation promises faster transaction speeds and higher decentralization, making them an attractive choice for crypto enthusiasts. However, they could come with their own set of security challenges. There are bug bounty programs for a reason, after all. Cybercriminals will target the most vulnerable points, and that’s usually outside the DAG itself, but targeting its users anyway. However, so far, we can say that no DAG structure has been hacked. On the other hand, their related services, from social media and even smart contracts, are another story. We’ll delve ahead into some attacks involving DAG platforms, recounting five instances when their related services fell victim to hacking attempts. Besides, we’ll explore strategies and best practices to shield oneself from such threats. Whether you're a seasoned investor or a newcomer, understanding is essential to protect your digital assets in an increasingly complex crypto ecosystem. these challenges Nano + BitGrail In 2018, the cryptocurrency world witnessed a major security breach involving the Italian cryptocurrency exchange BitGrail and the digital currency Nano (formerly known as Raiblocks). This currency uses a ledger structured like a DAG (more accurately, block lattice), and its consensus system is quite similar to a Proof-of-Stake (PoS) blockchain. began when BitGrail reported a substantial amount of Nano tokens missing from its platform. The exchange's founder, Francesco Firano, claimed that the hack had resulted The incident in the theft of approximately 17 million Nano tokens, equivalent to roughly $170 million at the time. The aftermath of the BitGrail hack was marked by a contentious dispute between the exchange's management and the Nano development team. Firano initially suggested that Nano's code was responsible for the vulnerability, blaming the developers for the theft. He demanded a contentious fork (update) to be held by the Nano team (to erase the hack), which they refused. Indeed, the hack happened just in time to see a price rise in Nano, and Firano hid that the breaches had been happening since 2017. BitGrail and Firano received at least , and ultimately, Firano was found to be directly liable for the attack. More investigations later revealed that BitGrail's security measures and internal controls were inadequate, leading to the compromise of user funds. two class-action lawsuits In this case, the DAG wasn’t attacked, but the users trusted the wrong company. In centralized exchanges, you don’t have private keys to your funds. Instead, only an account with a password is provided, and the funds are in full custody (control) by that company. If they lose (hacks, bankruptcy, etc.), then you lose too. That’s why it’s important not to use exchanges as permanent wallets. IOTA + Moonpay IOTA is a cryptocurrency platform that utilizes Directed Acyclic Graph (DAG) technology to enable faster transactions, and it’s focused on the Internet of Things (IoT) sector. Unlike blockchains, IOTA's Tangle DAG allows users to validate transactions by confirming others, but there’s an ultimate coordinator node to achieve consensus. They intend (since 2016) to get rid of it, but in the meantime, the coordinator is controlled by the IOTA Foundation, and the network is centralized. That was vastly proved in February 2020, when the whole network was frozen by the coordinator after a major breach. The IOTA suffered a security breach due to a third-party dependency from Moonpay (a crypto payment service), which compromised users' wallet seeds by loading illicit versions of Moonpay's SDK from Moonpay's servers. Back then, hackers stole 8.5 million in IOTA's native token MIOTA directly from users —approximately $2 million at the time. Trinity wallet The cyber-criminal awaited a new Trinity version to overwrite cached files and eliminate traces. Immediate actions were taken by the IOTA Foundation, including halting the coordinator and creating an incident management plan with public status updates. The attack involved DNS interception, code modification, and API key misuse. IOTA responded by developing migration tools for affected users, enhancing analytical tools, and collaborating with security experts and law enforcement. Trinity isn’t used anymore, and MoonPay with them to fix the issue. So, again, it wasn’t a breached DAG but an external service related to it. collaborated Hedera Hashgraph Hedera Hashgraph is a distributed ledger system that utilizes Directed Acyclic Graphs (DAGs) for consensus. In Hedera's , nodes share new information with each other, gradually reaching a consensus through multiple rounds of sharing. This history of information-sharing events is represented as a hashgraph —a type of DAG. gossip protocol This system is patented, but it’s not error-free. On March 9, 2023, the Hedera Hashgraph network to a smart contract exploit, resulting in the theft of various tokens from decentralized exchanges (DEXs) such as Pangolin, SaucerSwap, and HeliSwap. Retail user accounts and Hedera wallets remained unaffected, but fell victim the attacker managed to steal tokens valued at nearly $600,000. They included DAI Stablecoin, Tether USD, USD Coin, and Wrapped HBAR. Swift action was taken to mitigate the attack. DEXs and bridges collaborated to halt the token flow over the bridge within an hour of being alerted to the breach. The Hedera team disabled proxy access to the Hedera mainnet (thanks to the network being centralized, like IOTA), preventing further access by users and the attacker. A fix was swiftly developed, tested, and implemented within 41 hours of discovering the vulnerability. Unlike previous attacks in other DAGs, this time, the native system was actually the one compromised, specifically, its smart contract layer. The team acted quickly to mitigate it. Sui Network + Discord Sui Network is a distributed ledger launched in May 2023. It splits transactions into simple ones (like sending money) and complex ones (like online auctions). Simple transactions don’t require consensus, but use Proof-of-Stake (PoS) validators and a high-throughput DAG-based consensus protocol called Bullshark. complex transactions This network has proved that prevention is important, especially when it comes to new technologies. Just before their mainnet release, the security firm CertiK found a critical bug in the system. The flaw was an infinite loop bug within Sui's code that could be triggered by a malicious smart contract. This type of attack, known as the "HamsterWheel attack," doesn't crash nodes but instead keeps them endlessly running without processing new transactions, rendering the network inoperable. Once the bug , Sui developers swiftly implemented fixes to mitigate its impact, and CertiK confirmed that these fixes were already deployed. The Sui Foundation awarded $500,000 to CertiK as a bug bounty. However, it wasn’t the only threat faced by this platform. was identified Even before the potential bug, in August 2022, The announcement was shared , where several users complained about having lost funds due to the event. The incident involved hackers sharing a link to an alleged airdrop on the server's announcement channel. Since then, they reinforced their security and verification processes in the chat. Mysten Labs’ (Sui creators) Discord server was hacked. on Twitter Avalanche + DeFi Avalanche is another crypto protocol that uses DAG structures instead of blockchains. It comprises : the Contract Chain (C-Chain) for smart contracts, the Exchange Chain (X-Chain) for fast fund transfers with low fees, and the Platform Chain (P-Chain) for staking and rewards. The X-Chain, in particular, leverages DAG technology to achieve high throughput and rapid transaction finality. different chains Several DeFi protocols based on Avalanche have faced important attacks over the years. The first high-profile hack was against the lending platform in September 2021. The attack happened because they relied on a single source for their price information (oracle), and this source didn't handle decimal points properly. This allowed the attacker to manipulate prices and execute trades on pairs that weren't supposed to be traded. Vee Finance The tokens were subsequently bridged to Ethereum and remain in the attacker's possession. Vee Finance suspended platform contracts and related functions (which demonstrated that the platform wasn’t as decentralized as the term DeFi implies), actively pursuing asset recovery efforts. However, this wasn’t all for Avalanche. More attacks would come in time. That resulted in the unauthorized withdrawal of 8804.7 ETH and 213.93 BTC (around $36 million at the time). Last February 2023, two more DeFi protocols were hacked again: the multi-chain aggregator Dexible and the DEX Platypus. , the attacker leveraged the app's selfSwap function to move over $2 million worth of crypto from users who had authorized the app to access their tokens. Dexible paused its contracts and advised users to revoke token authorizations. In the first case The hacker exploited the protocol's asset contracts using a malicious smart contract with unverified source code. Now, about the three cases, we can say that some bugs escaped from DeFi developers since the beginning, resulting in the loss of funds. In the second case, Platypus $8.5 million in a flash loan attack. lost over Protect yourself from DAG risks For average users of Directed Acyclic Graph (DAG) platforms, several key security measures and protections can be applied to mitigate risks: Before using any third-party services, such as wallets or exchanges, do your research to ensure they have a good reputation for security. Also, avoid leaving large amounts of crypto on exchanges for extended periods. Use Reputable Services: If you have wallets that give you control over your private keys, use them. This means you have direct control over your funds. Cold wallets offer an extra layer of security. Secure Your Private Keys: When dealing with any cryptocurrency-related accounts, use strong, unique passwords. Consider using a reputable password manager to keep them safe. Whenever possible, enable Two-Factor Authentication (2FA) on your accounts. Use Strong Passwords and enable 2FA: Keep up to date with the latest news and developments regarding the DAG platform you're using. Understanding potential vulnerabilities can help you take preventive action. Stay Informed: Be cautious of phishing emails, messages, or websites that aim to steal your login information or private keys. Always double-check URLs and sources. Beware of Phishing Scams: For applications or services that request permission to access your wallet or tokens, review and revoke these permissions when they're no longer needed. Regularly Review Permissions: Avoid putting all your assets into a single cryptocurrency or platform. Diversification can help spread risk. Diversify Your Investments: So far, Obyte (also a crypto-DAG platform) hasn’t suffered a high-profile hack on its system or related services. That doesn’t mean they are immune to attacks, though. is active on Immunefi, with high rewards for skilled developers. However, it’s always important to apply the on your own wallet and do your own research for each platform! A bug bounty program best security measures Featured Vector Image by Freepik

5 Security Incidents Involving DAG Networks—and How to Protect Yourself

DAG নেটওয়ার্কের সাথে জড়িত 5 নিরাপত্তা ঘটনা—এবং কীভাবে নিজেকে রক্ষা করবেন

5 Sicherheitsvorfälle im Zusammenhang mit DAG-Netzwerken – und wie Sie sich schützen können

Cinco incidentes de seguridad que involucran redes DAG y cómo protegerse

5 incidents de sécurité impliquant les réseaux DAG et comment vous protéger

डीएजी नेटवर्क से जुड़ी 5 सुरक्षा घटनाएं—और अपनी सुरक्षा कैसे करें

DAG ネットワークに関連する 5 つのセキュリティ インシデントと身を守る方法

DAG 네트워크와 관련된 5가지 보안 사고 및 자신을 보호하는 방법

5 incidentes de segurança envolvendo redes DAG – e como se proteger

5 инцидентов безопасности, связанных с сетями DAG, и как защитить себя

DAG Ağlarını İçeren 5 Güvenlik Olayı ve Kendinizi Nasıl Korursunuz

5 sự cố bảo mật liên quan đến mạng DAG—và cách tự bảo vệ mình

涉及 DAG 网络的 5 个安全事件以及如何保护自己

Web3 builders are only starting to realize the importance of sustainable and meaningful web3 marketing. There are web3 marketing companies and tools that are now helping web3 projects achieve traction. Another aspect of web3 that’s growing rapidly is the involvement of more women in this space. To discuss all of this, I had the opportunity to interview Victoria Vaughan, the co-founder of a marketing and PR firm InCryptoLand and the former CEO of Cointelegraph. Let’s dive in. Q. Hello Victoria, it’s great to be talking with you. Can you please introduce yourself, and share your professional journey with our readers? Hello, and thank you for having me! I'm Victoria Vaughan, and I am a co-founder of , a premier PR and marketing agency for the Web3 and tech sectors. InCryptoland My journey in Web3 started about nine years ago when I dived into the digital asset and blockchain world. I joined the Cointelegraph team as a project manager. Later, I was promoted to CEO and successfully grew the company to over nine million monthly readers across 10 languages. Impressive, right? But it's a team effort, trust me! Along the way, I've collaborated with some of the industry's most influential brands like Coinmarketcap, Etoro, Moonpay, and OKX. These collaborations expanded my expertise in growth hacking, marketing, and business development. Before all this blockchain excitement, I was deeply rooted in the tech scene, working for a tech startup as a product manager. So, you can say I've seen the industry from various angles, which has been super helpful in my current role as a tech PR agency co-founder. Q. Before we talk about InCryptoland, tell us how Web3 marketing agencies can solve the problems that Web3 companies face. Are PR firms an essential component of the Web3 ecosystem? If so, why? Yes, I think PR firms are absolutely essential in Web3. In a highly competitive blockchain ecosystem, you need a specialized marketing strategy. A tech-savvy PR agency can connect you with the right partners and investors while providing you with crucial media coverage. This makes the path to deal-closing and client acquisition much smoother. But it’s more than just PR. Crypto marketing agencies bring in a whole arsenal of growth hacking techniques. We're talking Twitter spaces, Discord AMAs, and some strategic Twitter shilling to grow your followers with minimum spend. Plus, a robust content marketing campaign can kill two birds with one stone: it boosts your SEO ranking and educates potential clients, essentially greasing the wheels for your business development. And let's not overlook the value of expertise. An experienced crypto marketing team brings a wealth of knowledge to your project, helps you sidestep common pitfalls, and executes effective campaigns. They've got connections too; a trusted network of influencers and partners that can take your project visibility to another level. Working directly with influencers can be a hit or miss, but agencies can pick the right ones to amplify your message. So, all in all, it's a win-win. Q. The volatile crypto market makes it difficult to run any Web3 company. How should someone build a team, develop a strategy, and make a Web3 marketing company successful? I totally get what you're saying about the rollercoaster ride that is the crypto market. So, first and foremost, you've got to be nimble with your financial planning. The ups and downs are wild; some companies go on a hiring spree in a bull market and then, bam, they're toast in a bear market. The key is to stay agile and adjust your strategy in real-time based on market conditions. On the subject of teams — I think a strong team is non-negotiable. You want a mix of people who are deep into Web3 but also some who come from more traditional sectors. That blend can help you craft a balanced strategy that's got both innovation and tested wisdom. Partnerships are the cherry on top; they bring cross-marketing opportunities and long-term support, which are gold in this fast-paced landscape. Now, the bear market isn't just about surviving; it's a land of opportunity. Companies that stay transparent and keep the conversation going with their community during the rough patches end up building trust and credibility. Not to mention, PR and marketing opportunities actually multiply. News outlets are more receptive, influencers are keen to partner, and the advertising costs are generally lower. So, it's all about turning challenges into stepping stones, really. Q. Tell us about InCryptoland and how it helps Web3 businesses. What are the fundamental working principles of your marketing agency? InCryptoland focuses on organic PR campaigns, social media management, and community growth. Our agency also developed a wide network of selected channels for media buy campaigns. What really excites us is collaborating with founders with a burning passion for meaningful causes and advanced technology products. For their PR campaigns, the strategy leans heavily into authentic storytelling that resonates with the audience and highlights the expertise of the team. ICL's guiding principles are Drive, Excellence, and Commitment. These principles really shape the way we approach each project. From crafting the ideal PR pitch to building up a strong community around a client's vision, our aim is to give it our all. We're continually seeking the best opportunities for reaching audiences and driving engagement in this fast-paced Web3 landscape. And speaking of capturing attention, our clients have been featured in the most recognized high-profile publications, like the New York Times, WSJ, Associated Press, USA Today, Cointelegraph, and Coindesk. So, we know a thing or two about getting a story out there in a way that strikes. Our experience spans different verticals of Web3 from DeFi to NFTs, infrastructural protocols to AI, and general tech. This helps us to know what works and what doesn’t. We use these insights to help clients avoid common mistakes in their communications and focus on effective strategies instead. Q. You’ve been working in the Web3 space for almost a decade. What has been your experience as a woman in Web3? Do you have any suggestions and advice for budding women entrepreneurs in the Web3 domain? There is no doubt that navigating the Web3 space as a woman has its own unique challenges. While the industry is generally welcoming, the large networking events can sometimes feel like "boy's clubs." You often have to break the ice yourself, put your expertise on display, and then—finally—you get taken seriously. I've had my fair share of awkward moments where people thought I was there to just hand out flyers. But the silver lining? As you broaden your network, each event becomes easier. The faces get familiar, introductions happen more naturally, and the atmosphere becomes genuinely inviting. The evolving role of women in Web3 is so exciting to watch. There's more to this space than just crypto and blockchain; we're seeing women lead the charge in areas like digital art, fashion, and health. For instance, the rise of NFTs has been a game-changer, especially for female artists. They're not just participating; they're shaping the narrative, moving the industry beyond just financial applications. Advice for budding women entrepreneurs? First, find your tribe—initiatives like WOW, Mybff, and Boy's Club are doing awesome work in enhancing women's awareness of the industry. Second, don't be discouraged by the technical jargon and male-centric vibes; there's room for everyone's talent here. Organizations like UnicornDAO and AthenaDAO are setting brilliant examples by focusing on inclusivity and women's health. Lastly, for the industry itself, the roadmap to diversity is clear: more shared stories, women-centric educational platforms, and an unequivocal commitment to diversify from the top down. Let's keep that conversation going. Q. Do you have any last comments on the current state of the Web3 industry? Where do you see it in the next three to five years? What will be the role of Web3 marketing firms in the coming years in shaping the overall industry? Honestly, the bear market often acts like a litmus test. It separates those who are genuinely committed to building something meaningful from the ones who are just riding the hype train. Remember, some of the most groundbreaking companies were born during downturns. Looking forward, regulation is inevitably coming down the pipeline. And while some might see that as a damper, I think it'll actually make the industry less of a wild west, which could attract more serious investment and innovation. We're already seeing AI making inroads into Web3, and that's a trend I only expect to accelerate. I also believe the infrastructural projects will grow a lot during the next several years. They're the bedrock that'll support the flashy apps and services everyone loves. So, where do Web3 marketing firms fit into all of this? As the industry matures, the role of specialized marketing agencies will only become more crucial. They'll help navigate the regulatory landscape, tap into AI's potential, and spotlight those infrastructural gems. Essentially, we'll be the architects of perception, shaping how the world views and engages with Web3.

Importance of Web3 Marketing and Women in Web3: An Interview With Victoria Vaughan

Web3 মার্কেটিং এবং Web3 তে নারীর গুরুত্ব: ভিক্টোরিয়া ভনের সাথে একটি সাক্ষাৎকার

Bedeutung von Web3-Marketing und Frauen in Web3: Ein Interview mit Victoria Vaughan

Importancia del marketing Web3 y las mujeres en Web3: una entrevista con Victoria Vaughan

Importance du marketing Web3 et des femmes dans le Web3 : une entrevue avec Victoria Vaughan

वेब3 मार्केटिंग का महत्व और वेब3 में महिलाएं: विक्टोरिया वॉन के साथ एक साक्षात्कार

Web3 マーケティングと Web3 における女性の重要性: Victoria Vaughan へのインタビュー

Web3 마케팅의 중요성과 Web3에서의 여성: Victoria Vaughan과의 인터뷰

Importância do marketing da Web3 e das mulheres na Web3: uma entrevista com Victoria Vaughan

Важность маркетинга Web3 и женщины в Web3: интервью с Викторией Вон

Web3 Pazarlamanın Önemi ve Web3'te Kadın: Victoria Vaughan ile Bir Röportaj

Tầm quan trọng của tiếp thị Web3 và phụ nữ trong Web3: Cuộc phỏng vấn với Victoria Vaughan

Web3 营销和 Web3 中的女性的重要性：维多利亚·沃恩 (Victoria Vaughan) 访谈

A crypto-DAG platform is a type of distributed ledger used for managing transactions in cryptocurrencies. Unlike blockchains, it uses a Directed Acyclic Graph (DAG) structure, where each transaction references previous ones, creating a more decentralized system —without miners or other middlemen. is one of such platforms. Obyte However, amidst the benefits lie concerns about security vulnerabilities and the potential for hacking attempts. We’ll make here a quick overview of the security landscape of crypto-DAG platforms, exploring the measures in place to safeguard user funds and data. By understanding the risks and challenges associated with these innovative systems, users can make informed decisions while participating in the crypto-DAG ecosystem. DAG vs Blockchains (for hackers) So, maybe you’re wondering which system is the safest: It completely depends on the specific network. Both DAGs and blockchains have their unique security strengths and weaknesses, and their safety depends on how well they are designed, implemented, and maintained. a DAG or a blockchain? Well, the truth is that there’s no one-size-fits-all answer. However, a DAG like Obyte can mitigate some of the security risks already present in numerous blockchains. like transaction censorship, double-spending (spending the same coins more than once), Sybil attacks (rogue nodes colluding to damage the network), and 51% attacks (the majority of miners or validators colluding to control the network) are ever-present risks in any blockchain. Not to mention the quite common smart contract vulnerabilities, from which hackers have stolen billions. Potential attacks On the other hand, not all DAGs are the same, but they share an important feature: . Every transaction is intertwined with the previous one and the next one, forming a graph along the way. No miner or block producer (misleadingly called “validator”) is needed to approve or reject transactions: once it’s created by any user, it’s included in the DAG. So, things like censorship aren’t possible. they’re block-less chains, without miners or powerful validators-approvers Other threats Now, to avoid double-spending and Sybil attacks, Obyte has (previously called witnesses). These providers, who are typically well-respected individuals or companies, create transactions like everyone else and these transactions serve as waypoints for ordering all other transactions. In return, they get a portion of the transaction fees, but that shouldn’t be the main purpose of an Order Provider. Order Providers They are selected for this role by the community among the respectable members of the community who have a lot to lose if they misbehave. They can’t decide which transactions are approved or not, and they can’t double-spend money. And, unlike miners or “validators” in blockchains, they don’t have a lot of power themselves. Basically, the only thing they can do if they collude is stop the network, until a new network with a new set of Order Providers is restarted from the point where the old network stopped. They were selected by the community itself to begin with, so, the same community can take the role away. They’d lose their reputation as individuals or businesses, and be excluded from the network. No one can buy the right to control a decentralized DAG. What about the IOTA hack? IOTA is another crypto-DAG ledger that is infamous for an attack that happened in 2020. Hackers stole 8.5 million in IOTA's native token MIOTA directly from users —approximately $2 million at the time. That raised distrust against DAG-based systems, but the thing is, Instead, the hackers exploited a feature in the IOTA wallet Trinity that allowed users to purchase MIOTA with fiat money through MoonPay — a third-party fiat-to-crypto gateway. the DAG itself wasn’t hacked back then. T he attackers to replace legit code from the MoonPay API with malicious code. That compromised all the Trinity Wallet downloads between December 17, 2019, and February 17, 2020. Once users entered their seed phrases (private keys) into the compromised wallets, the attackers gained access to their funds and could transfer them to their own accounts. managed The IOTA Foundation suspended the network for several weeks to avoid further losses, and the founder promised the affected users himself. Sadly, this was a third-party vulnerability that could’ve happened to any distributed ledger platform (blockchain or DAG). (which was possible because the network was, and still is, utterly centralized) to refund What can you do to protect your funds? Being aware of the risks is the first step. The second is to protect your private keys at all costs. Seeing the IOTA case, it’s advisable to distribute your funds into several wallets and diminish third-party services when possible —especially from your main wallet. A third step is to always pay attention to the latest news about the distributed ledgers you participate in. If there’s some kind of issue, the team will announce it quickly through public channels to mitigate damages. One potential weak point in any decentralized system, including , is the human factor. The security of phishing attempts (impersonation), or if they share their private keys or recovery phrases with malicious actors. Users must be vigilant and cautious, not only regarding their interactions with the network but also in safeguarding their own authentication details. Obyte users' funds can be compromised if individual users fall victim to social engineering attacks (frauds), Don’t forget that we already talked about and how common work. To protect your funds, don’t make it easy for hackers and scammers! protecting your private keys in Obyte crypto scams Featured Vector Image by Freepik

Is a Crypto-DAG Platform Vulnerable to Hacking? Understanding the Security Risks

¿Es una plataforma Crypto-DAG vulnerable a la piratería? Comprender los riesgos de seguridad

Une plate-forme Crypto-DAG est-elle vulnérable au piratage ? Comprendre les risques de sécurité

क्या क्रिप्टो-डीएजी प्लेटफॉर्म हैकिंग के प्रति संवेदनशील है? सुरक्षा जोखिमों को समझना

Crypto-DAG プラットフォームはハッキングに対して脆弱ですか?セキュリティリスクを理解する

Uma plataforma Crypto-DAG é vulnerável a hackers? Entendendo os riscos de segurança

Nền tảng Crypto-DAG có dễ bị tấn công không? Hiểu các rủi ro bảo mật

Crypto-DAG 平台容易受到黑客攻击吗？了解安全风险

I noticed on (or should I say X) that many were wondering what happened to the Bored Ape Yacht Club and why things don’t seem so bright anymore. I am surprised that some people are surprised about it… Twitter What do they say - The higher you climb the harder you fall? At the very beginning of the NFT hype cycle - many 10k NFT PFP collections with different animals were launched. One of them back in April 2021 was the Bored Ape Yacht Club. Unlike what you may think, the collection did within minutes. In fact, it took them to do so. not sell out over a week I personally stumbled upon them accidentally. Back in those days when I was exploring the space I ended up in a Twitter Space full of ugly-looking monkey avatars (all male) speaking to each other. It felt like a very friendly place where people discussed how to contribute to their community. They spoke about creating a book club, about web3 in general, their stories of how they ended up in space, etc. Overall it was a very cozy place and I was surprised that, unlike other NFT degen spaces, no one actually spoke about alpha, the floor price, big gains, etc. Although most of them already had quite good gains seeing as by that time the BAYC floor price was already 3 (compared to the original 0.08 mint price). ETH Shortly after that Bored Ape Yacht Club would become one of the most popular NFT collections in the market that everyone was going to talk about and I would kick myself for not getting several apes back when I discovered them so I could sell them later and retire… Anyway. Let’s try to understand what happened to them with this article. Content Overview What was behind their success? More mints - more money Celebrities ANON? Not Anymore! or creating a Nazi brand?! Hot Spring 2022 NFT NYC - Summer, 2022 What did Yuga Labs do? Present Situation What was behind their success? There were different components that many argue played a role here. people thought they had missed out on a lot of NFTs that were already too expensive for an entry point (Cryptopunks, etc.) apes were affordable fair distribution - not a bonding curve (fixed mint price of 0.08 ETH) for the first time, here the holders were receiving full IP rights of their Ape utility? - the main utility was the NFT being a membership token + there was this very arguable utility for holders to draw (dicks) on the bathroom wall I may be biased - but I would argue that all the above would not matter if they had not nailed down the last point. A story that resonated with the buyers If I am not mistaken the Ape high-level story read something like this: The year is two thousand thirty everyone who aped into crypto is super-rich and extremely bored and wants to hang out with other like-minded apes. Why do I think it worked? Yeah, it’s not an amazingly well-crafted or detailed story, nothing too complex there. But as far as I remember, before them, no other project even bothered to tell a story apart from the story of “you will get rich quick”. So here at least we’ve got something. But the important thing is that in this story the people they were targeting: the degens were the heroes of the story. The story was tapping into their strong dream and desire and it made them the hero who succeeded at the end. Also using the term “aping/ape” seemed to click. More mints - more money Later on, Yuga Labs dropped 2 more collections: Bored Ape Kennel Club (airdropped to Ape holders) Mutant Ape Yacht Club in Aug 2021 These 2 drops made Yuga Labs, as well as the Bored Ape holders, richer. And now we are reaching the point where Yuga Labs and its collections grew massively! Celebrities The demand would not be so crazy and the floor prices would not skyrocket, if not for the “heavyweight shilling army” that got involved - the celebrities. Many “normies” saw a Bored Ape for the first time probably in January 2022 on the “The Tonight Show” episode from January 2022. https://youtu.be/5zi12wrh5So?t=225&embedable=true Who else was involved? Plenty of them! It was a massive marketing campaign relying on Guy Oseary connections I presume. (Guy is the founder of the management firm Maverick, whose clients include Madonna, U2, etc. who worked with Yuga Labs). All those celebrities started rocking their Apes and Mutants as PFP on their socials. As soon as they started promoting it the project became something else. The prices mooned and holding a Bored Ape became a status symbol. I would also argue that it became the turning point for the community too: it became very diverse and lost part of its vibe and unity. Essentially owning a Bored Ape became a flex. ANON? Not Anymore! Yuga Labs’ founders were anons and their identities were not public. Usually, for various reasons, that’s what many prefer in this space. But in February 2022, BuzzFeed published an revealing the identity of two of the four BAYC co-founders: Gordon Goner and Gorgamel. article The journalist and the media got a backlash from the community, as they felt doxxing people against their will was unethical and some felt that it also compromised their safety. But at least, now, people knew 2 out of 4 people responsible for making them rich… or creating a Nazi brand?! The accusations about Yuga Labs being Nazi and Racist started circulating around the end of 2021 already. https://twitter.com/Pauly0x/status/1470292926085226497?s=20&embedable=true Ryder Ripps launched a website at (getting the SEO juice) with all the concerns and details at the beginning of 2022. https://gordongoner.com/ Back then, not many seem to have paid much attention to those. There were some discussions here and there but it did not gain massive traction (spoiler it did later on… but not just yet). Hot Spring 2022 The Spring of 2022 was massive for Yuga Labs. It was packed with a few huge events that resulted in positioning the company as arguably the biggest and most powerful in the whole space. they acquired CryptoPunks and Meebits collections. On March 11, 2022, it launched the token by an entity called ApeCoin DAO. ApeCoin DAO’s council members include co-founder Alexis Ohanian, FTX’s Amy Wu, Sound Ventures’ Maaria Bajwa, Animoca’s Yat Siu and Horizen Labs’ Dean Steinbeck. On March 16, 2022 Reddit they “sold their soul to the devil” (i.e. raised a $450 million seed round from Andreessen Horowitz, Animoca Brands, LionTree, Sound Ventures, Thrive Capital, FTX, and MoonPay, etc. at a $4 billion valuation) On March 22, 2022, In they raised $320M by selling virtual land plots in its Metaverse. A plot in the Otherside Metaverse for around $5,800, plus transaction fees. May I don’t know how you feel about it, but personally, I can’t really understand why would one raise funds through VCs when they absolutely did not need to do so. Through all those mints and coin releases they already made way more than “enough” - but I guess who cares about the community and why stop at “enough”? If you can get $450M more, why not do so, right? Oh and once 2022 ended Yuga Labs’ NFT royalty income hit $100M +. Anyway, let’s see what happens to a $4B company with so many resources and celebrity endorsements + huge plans of building a game and a Metaverse… NFT NYC - Summer, 2022 Yuga Labs was the “hero” of the space at this point and the central spotlight at NFT NYC. They had organized a massive token gated Ape Party for their community with tons of celebrities and music performed by EMINEM, FUTURE, SNOOP DOGG & LCD SOUNDSYSTEM! Remember those accusations? Well… they did not get traction back then… but the bomb was dropped during the NFT NYC days… and this time it exploded! The Youtuber Philion published his video called BORED APE NAZI CLUB. https://youtu.be/XpH3O6mnZvw?embedable=true The video blew up (2M views so far) and even my “normie” friends were asking about it since they somehow stumbled upon it and watched it for the whole 1 hour… Soon enough, the whole NFT community was talking about this. The whole space was divided into 2 camps: those who believed and supported the accusations and those who dismissed them. The loudest voices among the first camp were Ryder Ripps and Pauly. And with time they got massive support and a community behind them. Those people were active on Twitter, loud, and very passionate. What did Yuga Labs do? At first, they ignored it. Then, they denied all the accusations saying those who spread the rumors were just trolls in a few interviews (honestly with so much money, I’d expect them to have a much better PR team advising the team…). Then they sued Ryder Ripps and Pauly in June 2022. I keep thinking about what would have happened if the Bored Ape community was united and loyal. If they stood up for the brand and fought for it as passionately as the accusers… Would Yuga Labs still feel the need to go to court? Well, we won’t know, since it did not happen. By the way… did I tell you what were they being sued for? The logical answer would be defamation, right? I mean, so many horrible things were told about the brand, their intentions, etc…? But no - the court document states that it’s about something else… Below is a quote from the document: In response to the Bored Ape Yacht Club’s popularity, Defendant Ryder Ripps, a self-proclaimed “conceptual artist,” recently began trolling Yuga Labs and scamming consumers into purchasing RR/BAYC NFTs by misusing Yuga Labs’ trademarks. He seeks to devalue the Bored Ape NFTs by flooding the NFT market with his own copycat NFT collection using the original Bored Ape Yacht Club images and calling his NFTs “RR/BAYC” NFTs. Brazenly, he promotes and sells these RR/BAYC NFTs using the very same trademarks that Yuga Labs uses to promote and sell authentic Bored Ape Yacht Club NFTs. He also markets these copycat NFTs as falsely equivalent to an authentic Bored Ape Yacht Club NFT. He then goes on to use Yuga Labs’ marks to promote his coming “Ape Market” NFT marketplace, which requires a person to purchase one of his infringing NFTs to join the Ape Market. This is no mere monkey business. It is a deliberate effort to harm Yuga Labs at the expense of consumers by sowing confusion about whether these RR/BAYC NFTs are in some way sponsored, affiliated, or connected to Yuga Labs’ official Bored Ape Yacht Club, in violation of the Lanham Act and related state law. I think the whole story of RR/BAYC deserves a whole separate article, so I won’t go into that and let you do the research if you’d like. I’ll probably visit the topic at some point in another article - but not in this story. Present Situation Now, let’s see where we are: Yuga Labs did release a game after all… Below is the trailer (I will leave it to your judgment) https://www.youtube.com/watch?v=5CJsAej_GWc&embedable=true Although, some . claim it’s an exact copy of another game Remember all those celebrities? Most of them are no longer using their Bored Apes or Mutants as PFPs. CNN spoke to several former MoonPay (the concierge service helping celebrities buy their Apes) employees who said they were skeptical the celebrities paid for their NFTs, because there was no evidence on the blockchain. Even more: the MoonPay and the celebrities have been sued Looks like coin is at ATL (all-time low) now Ape The floor price of NFTs keeps dropping (to be fair though almost all collections have suffered from the bear market). The SEC is investigating Yuga Labs for securities violations Ape Fest this year will be in Hong Kong During the past year, Yuga Labs executive team has gone through massive changes and many have left the project What’s Next? Only time will tell what happens to Yuga Labs in the future. Many went too far to claim that if Bored Apes fail then the whole NFT space dies… I guess we’ll have to wait and see. Also published here.

The Bored Ape Yacht Club Saga: Triumphs, Trials, and Tragedies

দ্য বোরড এপ ইয়ট ক্লাব সাগা: জয়, ট্রায়াল এবং ট্র্যাজেডি

Die Bored Ape Yacht Club Saga: Triumphe, Prüfungen und Tragödien

The Bored Apes Yacht Club Saga: triunfos, pruebas y tragedias

La saga Bored Apes Yacht Club : triomphes, épreuves et tragédies

ऊबे हुए वानर यॉट क्लब सागा: विजय, परीक्षण और त्रासदी

The Bored Apes Yacht Club Saga: 勝利、試練、そして悲劇

Bored Ape Yacht Club Saga: 승리, 시련, 비극

The Bored Apes Yacht Club Saga: triunfos, provações e tragédias

Bored Ape Yat Kulübü Efsanesi: Zaferler, Denemeler ve Trajediler

The Bored Apes Yacht Club Saga: Chiến thắng, Thử thách và Bi kịch

无聊的猿游艇俱乐部传奇：胜利、考验和悲剧

The Sociable's 40 Under 40 Influencers in Blockchain for 2023

Los 40 influencers menores de 40 de The Sociable en Blockchain para 2023

Les 40 influenceurs de moins de 40 ans de The Sociable dans la blockchain pour 2023

2023 के लिए ब्लॉकचेन में सोशिएबल के 40 अंडर 40 प्रभावशाली व्यक्ति

The Sociable の 2023 年のブロックチェーンにおける 40 歳未満のインフルエンサー 40 人

Os 40 influenciadores com menos de 40 anos do Sociable no Blockchain para 2023

Danh sách 40 người có ảnh hưởng dưới 40 tuổi của The Sociable trong Blockchain cho năm 2023

The Sociable 评选 2023 年区块链领域 40 位 40 岁以下影响者

--Return Makes High-Yield Savings Accessible to All and Offers an Annual Percentage Yield (APY) of up to 10% on Deposits. The Company Also Announces its Virtual Asset Service Provider (VASP) authorization from regulatory authorities to operate in 27 European Countries DUBAI, Dubai, May 23rd, 2023/Chainwire/ Return Finance, a fintech company backed by leading VCs, has announced its product that empowers individuals to earn yield returns on their savings through the decentralized finance (DeFi) markets. With , users can turn their funds into a source of income, making their money work for them. Return Return Finance UAB has also announced today that it has received Virtual Asset Service Provider (VASP) authorization from regulatory authorities to operate in 27 European countries. The authorization allows the company to provide digital asset services to customers in the region, including the exchange between virtual assets and fiat currencies. The Return app offers an impressive Annual Percentage Yield (APY) of up to 10% on deposits. Unlike conventional options with minimal interest rates, the product leverages the power of the most trusted DeFi protocols like Curve and Convex Finance among others to provide users with a secure and compliant platform. With transparency and decentralization at the forefront, users can track the progress of their funds and watch the growth of their savings in real-time. Return uses , a regulated token backed by the United States Dollar 1:1, to provide stability. This strategic decision ensures that all financial transactions occur within a secure and trustworthy environment, delivering the best customer experience. USDC The company has partnered with well-known companies to ensure compliance, regulation, and governance in its operations. Among their strategic partners are recognized industry leaders such as Moonpay, Circle, CYBAVO, Chainanalysis, SumSub. These collaborations signify the company's commitment to delivering cutting-edge solutions and driving innovation in the financial technology landscape. RegTech "We are thrilled to receive our VASP authorization which is a testament to Return’s commitment to compliance and customer protection. We believe that regulation is key to the growth and maturity of the digital asset industry, and we welcome the opportunity to work with stakeholders to build a safe and thriving ecosystem for all. Our fully compliant high-yield savings product is a great first step that will make high-yield savings accessible to all“, said Daniel Ishag, CEO of Return Finance. With over 25+ years of experience, serial entrepreneur Daniel Ishag, the Founder and CEO of Return Finance, is renowned for his endeavors that encompass launching revolutionary technologies, pioneering new business models, and creating products and services that have achieved remarkable levels of adoption. The founding team also includes industry veterans with deep technical backgrounds in distributed ledger technology (DLT) and prosperous entrepreneurship. Their profound understanding of emerging technologies empowers the development of an innovative DeFi solution that redefines user experiences and sets new industry standards. Return Finance is driven by the goal of bridging the worlds of traditional finance and decentralized finance (DeFi) while delivering high yields. Their mission is to democratize the advantages of DeFi by creating an easy-to-use, accessible, and intuitive platform. With a vision to reshape the future of finance and unlock the full potential of decentralized systems, Return invites everyone to join them on this transformative journey with an exclusive launch promotion. Users can download the app and receive a 10% (non withdrawable) bonus on all deposits up to $6000. With no upper limit on deposits, Return gives customers the opportunity to earn market beating yields on their funds. To learn more about Return Finance and start earning high yields on your savings, visit . https://return.finance/ About Return Finance Return Finance was established with a mission to provide individuals and businesses with high-yield savings products in a fully regulated, transparent, and decentralised manner. With a commitment to accessibility and security, the company offers its services through the Return app, aiming to democratise the adoption of decentralised finance. About Daniel Ishag Daniel Ishag is the Founder & CEO of Return Finance. As a long-standing serial entrepreneur, he possesses proven experience in scaling businesses and building global client bases. In his career, he has launched multiple businesses, such as Espotting, Karhoo, and Bluewater Bio, all with the aim to deliver innovative services. About Christo Peev Christo Peev is the Co-founder and CTO of Return, possessing a deep-cut knowledge of software development and blockchain technologies, as well as a never-ending drive for innovation. About Ali Alaa Eddine Ali Alaa Eddine is the Co-Founder & CFO of Return Finance and a senior finance specialist, CPA, and tax advisor with over a decade's experience in financial services, audit, and advisory services. Return Finance is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Contact co-founder Sofia Latveya Glyph hello@glyph.social This story was distributed as a release by Chainwire under HackerNoon’s Brand As An Author Program. Learn more about the program here: https://business.hackernoon.com/brand-as-author

Return Finance Launches Fully Compliant High-Yield Savings Application in 27 European Countries

Return Finance lanza una aplicación de ahorro de alto rendimiento totalmente compatible en 27 países europeos

Return Finance lance une application d'épargne à haut rendement entièrement conforme dans 27 pays européens

रिटर्न फाइनेंस ने 27 यूरोपीय देशों में पूरी तरह से अनुकूल उच्च-उपज बचत एप्लिकेशन लॉन्च किया

Return Finance が欧州 27 か国で完全準拠の高利回り貯蓄アプリケーションを開始

Return Finance lança aplicativo de poupança de alto rendimento totalmente compatível em 27 países europeus

Return Finance ra mắt ứng dụng tiết kiệm năng suất cao hoàn toàn tuân thủ ở 27 quốc gia châu Âu

Return Finance 在 27 个欧洲国家推出完全合规的高收益储蓄应用程序

Web3, DAO, DeFi, and cryptocurrencies have all generated a lot of hype and excitement in the digital world, but their adoption hasn't been as extensive as expected. This has become a troublesome question for many tech experts. Despite decentralized technology being embedded with robust AI and machine learning, it's still difficult to hack, but people are still resistant to its adoption. The main culprits behind this are technology issues, user difficulties, and high entry fees. For example, to access web3 platforms, users need to sign in to a crypto wallet, which can be a challenging process, both in terms of selecting a crypto wallet and making transactions from it. In addition, interacting with dAPPs on the Ethereum network (Layer-1) can be incredibly expensive and difficult. Investors have to pay a significant portion of their investment in the form of gas fees, which can range from 10-15% of the total transfer amount, making it impractical for many users. Apart from these issues, the new technology is quite confusing and risky, even though the masses are aware of its potential benefits. The difficulty of learning or managing the private key and performing transactions beyond their comfort level hinders the broader adoption of this technology. When it comes to sending or receiving cryptocurrency, people always look for the ease and convenience of sending a text message. Therefore, web3 development companies are focusing on building customer-focused projects every day and coming up with something new that is both trustworthy and simple to use. However, these companies are still in their pioneering stages. Problems of Poor User Experience that Are Holding Back Web3 Adoption Private Key Management Poses a Problem in Crypto A crypto wallet is at the core of all transactions, from sending cryptocurrency and managing accounts to minting NFTs and bridging USDC from Optimism to Arbitrum. It holds everything you own and enables you to interact with the network. However, all accounts are not created equal and can vary based on EOAs (Externally Owned Accounts) or Contract Wallets. Most users' accounts fall under the EOA type, and this is where the first web3 UX problem arises. EOA accounts are identified by a 42-character string of numbers and letters prefixed with "0x," known as a private key. The biggest challenge is remembering all the private keys, which is the sole responsibility of end-users. If a single digit is missed, the account becomes inaccessible. Unlike web2 platforms where users can click on "forgot password" and generate a new password using their mobile and email ID, web3 doesn't offer any password recovery. Web3 Moving Away From Recovery Phrases Many web3 developers are working on the recovery phase to address this issue effectively. Vitalik Buterin advocates for sharing something on social recovery wallets that don't require recovery phrases. The concept requires many promises as more work needs to be done to make it more user-friendly. dApps Require Too Much Onboarding Every interaction on Ethereum-based platforms involves gas fees to complete transactions. We cannot assume that non-crypto natives without prior Web3 exposure or knowledge of blockchain transactions can convert fiat to crypto, buy/swap assets for ETH, pay for gas fees, and sign off on transactions correctly as they onboard dApps. Gas Fees Can Only Be Paid In Native Assets Needing native assets to pay for gas fees is another significant hurdle. Swapping tokens and bridges to cover the fees is tedious and time-consuming. Users Have To Execute A Transaction For Every On-Chain Interaction Completing one transaction at a time is a time-consuming and frustrating process for individuals. Moreover, it involves additional minting, gas fees, and other charges too. This is something every user wants to avoid in a fast-paced world. Many blockchain technologies claim to overcome this issue, but only a select few can cope with it. Lack Of On-Chain, Cross-Chain Interoperability Most Web3 projects are siloed, and users must navigate multiple frontends, bridge UIs, and submit repeated transactions to buy and sell assets between networks. Market segmentation also comes with its own costs, introducing a new class of complex product questions that are still not widely adopted by many. Their users often find obstacles in choosing which cross-chain operations to use and which assets they can use them for. What do Users Want from Web3? People Want Convenience People desire a platform that is quick and easy to use, allowing them to accomplish their objectives more rapidly and inexpensively. If we examine the current web3 projects, many appear to be designed for engineers by engineers. The complexity extends beyond the service itself, with whitepapers filled with technical jargon that most new users will never comprehend. Those who persist in sifting through jargon-filled explanations are currently navigating the complex user journey of web3 platforms. If web3 platforms aspire to become mainstream and supplant web2 platforms, they must simplify everything. Designing friction needs to be minimized to welcome those who lack technical proficiency. Greater emphasis should be placed on those who did not grow up with mobile phones and video games. A simple interface is sufficient for them. More Familiarity With Ramps We all understand that web3 and blockchain are still novel concepts for many individuals. Brands like and are striving to simplify engagement in the sector by utilizing browser extensions. These extensions are designed to provide new users with simplified sign-in alternatives and hassle-free on-ramps to new projects. MetaMask Coinbase Wallet However, obtaining a wallet can be a difficult task for many individuals. To recover digital assets, users must safeguard the seed phrase. Otherwise, you will have a difficult time recovering your digital assets, which is prevalent since many people are unfamiliar with the technical aspects of blockchain. If someone manages to keep their wallet secure, there are still many stages involved in converting crypto assets into something they can use in their daily life. Users frequently employ third-party intermediary applications to convert cryptocurrency into native currency to pay their bills. As a result, people seek on and off-ramp solutions to become more familiar with platforms. web3 Financial Off-ramps One of the most significant disadvantages of web3 technologies is their limited adoption in many prominent locations. Crypto is rarely accepted outside web3-specific services as a means of payment, leaving few options for users to purchase anything using crypto. Users frequently need to return to their fiat currency, which is a difficult process to reverse. Suppose you have $1200 worth of in your wallet and need to pay a utility bill of $950. The remaining balance must be converted back into native currency. You would likely follow these steps: Ethereum Log in to the crypto exchange. Sync your wallet; Add your funds from the ethereum wallet to the exchange wallet. Exchange your ETH into native currency by paying gas fees. Once the exchange converts cryptocurrency to native currency, it's time to withdraw USD to your bank for yet another fee. Every time users need to convert from or crypto to fiat, they must pay a significant fee, such as a gas fee. As a result, users spend a significant amount of time and money converting to and from cryptos. Many players are focused on simplifying the process, but it is still in the early stages and will take a significant amount of time. fiat to crypto If the process becomes faster and simpler, more crypto transactions are likely to occur, potentially creating a revenue-generating business environment. Potential fixes There should be more focus on creating crypto exchanges crypto exchanges that are integrated within an app, or by using white-label solutions that offer institutional services at a lower fee. By integrating crypto exchanges with other payment solutions, users can pay using their Coinbase debit card or leverage to enable on and off-ramps on the platform, making transactions seamless. MoonPay Seamless Transactions There are two major issues with blockchain transactions: addresses and the way transactions are processed. First of all, check my public Ethereum address 0xa3f3076e33d36e6f1572f78c868bc0115a896a8c5e51ff7cab8396e5e1ff14961 You might be thinking it's a typo. Indeed it’s not. If someone wants to send me something, I have to give them my complete address. Addresses are long, complicated hashes that can be difficult to remember or verify. To send or receive currency, one must input the full address without any mistakes. A single error can send assets to the wrong address, with no way to retrieve them. The long hashes also look terrible, especially when you are trying to figure out who is sending you something and when. Another issue - the way transactions are processed Most dAPPs require users to sign agreements at every stage of a transaction, which can be time-consuming and cumbersome. Think about how you will feel when a platform orders you to click “agree” before proceeding. It could be a daunting task as it takes longer time to do things and requires too much attention from users. Here’s Hasu defining the transaction process graphically. How to fix it? Roll out services like ENS Domains where abstract addresses can be transformed, which are easy to remember. These could be phrases or else. Reduce a load of multiple checks on users as a single step can roll out approval. Today’s Problems Are Tomorrow’s Opportunities The major cause of poor user experience is the early nature of the tech that holds back its adoption. Best Web3 Development tech experts are working to solve them and make the entire ecosystem more user-friendly. Therefore, tech experts are considering these problems as a catalyst that grows tomorrow’s most impactful businesses.

How Poor User Experience is Holding Back Web3 Adoption

Stories, News & Mentions about MOONPAY

Moonpay’s Stories on HackerNoon

Moonpay's News & Mentions