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Future of Web3 security with Immunefi and Brave CEOs: The Bug House 2022

Celebrating the myriads of accomplishments earned by the crypto ecosystem, Immunefi, Electric Capital, Bitscale Capital and MA Family together hosted The Bug House — a party for bringing together the global Web3 community.  In a panel hosted by Cointelegraph, editor-in-chief Kristina Lucrezia Cornèr sat with Mitchell Amador, founder and CEO at Immunefi, and Brendan Eich, founder and CEO of Brave browser, to discuss the evolution of Web3 and its future trajectory. (From left to right) Kristina Cornèr, Mitchell Amador and Brendan Eich during The Bug House. Source: Cointelegraph “There’s a lot of Web2 in Web3. That’s a problem right now,” began Eich when asked about the ongoing Web2 to Web3 transition. From using trusted servers to sub-custody wallets, Amador believed that such Web2 site...

Metaverse promises: Future of Web3 or just a market gimmick?

The Metaverse as a concept is an attempt to fuse physical reality, augmented reality (AR) and virtual reality (VR) into one seamless and immersive experience. The term “metaverse” was first used in Neil Stephenson’s 1982 cyberpunk novel Snow Crash. Stephenson’s metaverse was a virtual place where characters could go to escape a dreary totalitarian reality. Some of the key attributes of the Metaverse include: Even before the Metaverse became a phenomenon amid the nonfungible token (NFT) craze and crypto market boom, the concept was already in focus with the likes of Facebook, now Meta, Apple, Microsoft, Samsung and several other leading companies investing heavily in AR technology since the early 2010s. In 2014, Meta acquired Oculus VR in a $2 billion deal with of focus on developing augmen...

Blockchain technology can help create safe and inclusive adult platforms

The cryptocurrency market is no stranger to speculation. Consider that despite this industry’s growth, many continue to view these assets and associated technologies as a bubble that is about to burst.  As history has proven, overcoming the technology adoption curve comes down to a major use case, or the so-called “killer app.” Although there is no clear frontrunner, the adult entertainment industry has proven to significantly advance new technology iterations in the past and presents an interesting proposition for the future of cryptocurrencies.  The adult entertainment industry is believed to be worth billions of dollars, giving it significant influence over the world’s leading technologies. Although it doesn’t create these new technologies, it is ...

The 5 Most Common Security Concerns for the Web 3.0 World

Fady Younes, Cybersecurity Director for Cisco Middle East and Africa. Cisco Talos has revealed the top 5 security risks in Web 3.0. This latest iteration of the world wide web will include the immersive 3-D experience known as the “Metaverse” – a virtual reality environment where people can explore, shop, play games, spend time with friends, attend a concert, or take part in business meetings. “As the internet morphs into the metaverse a whole new range of opportunities, capabilities and features are opening up to users, institutions, governments and businesses. Despite all these possibilities, Web 3.0 is also seeing increasing security threats that can be exploited by hackers and criminals. The team of researchers at Cisco Talos has done a deep dive to highlight the most common security c...