Tag: web3

Bybit Axes Web3 Services: Strategic Pivot or Cost-Cutting?

Bybit Axes Web3 Services: Strategic Pivot or Cost-Cutting?

Even Bybit — a market-leading crypto exchange and Web3-native company — just made headlines with its announcement to wind down its Web3 services. This change has generated a lot of debate and conjecture among the crypto community. While Bybit cites a "refocused push toward innovation and scalability in the onchain...

Bybit Streamlines Operations, Shuts Down Web3 Services

Bybit Streamlines Operations, Shuts Down Web3 Services

Bybit will soon stop providing most of its Web3 offerings. This comprises the Cloud Wallet, Keyless Wallet, NFT marketplace, multi-chain decentralized exchange (DEX) DEX Pro, and the Swap & Bridge cross-chain swap widget. This decision is made all the more poignant as the company shifts its strategic priorities to improving...

Bybit's Web3 Cuts: Innovation Lost or a Chance for Sustainable Growth?

Bybit's Web3 Cuts: Innovation Lost or a Chance for Sustainable Growth?

The news hit the crypto-sphere like a rogue transaction: Bybit, a major player, is pulling the plug on several of its Web3 services. Notice of the shutdown dates are posted, some as soon as April 28th, others by May 31st. Whether this is a strategic masterstroke or a broader fumble...

AQA Launches IDO Across Multiple Platforms, Pioneering Web3 Digital City

AQA Launches IDO Across Multiple Platforms, Pioneering Web3 Digital City

AQA is a robust and vibrant blockchain ecosystem that is committed to reshaping decentralized finance (DeFi) and Real World Assets (RWA). It opened its Initial Decentralized Offering (IDO) on April 11 and 12, 2025. The IDO occurred across three launchpads: Spores Network, Kommunitas, and Kingdomstarter. One year into this rollout,...

OpenSea's Solana Gamble Aims to Secure the Future of NFTs

OpenSea's Solana Gamble Aims to Secure the Future of NFTs

OpenSea’s decision to support Solana is a remarkable, and honestly, long overdue bet. We’re not discussing the next internet craze, but rather the future of digital ownership. Is it a superbly calculated risk, or merely passing off a desperate toss of the dice? The truth is far more nuanced, as...

ZKsync's Devastating Hack: A Wake-Up Call For Equitable Crypto Governance

ZKsync's Devastating Hack: A Wake-Up Call For Equitable Crypto Governance

The ZKsync hack exposes more than just the traded away tokens. It’s a proud reminder that decentralized finance culture can ring a little hollow without addressing core equity and access concerns. We have to consider who is most harmed when these things leave unchecked.Whose Voices Are Being Silenced?Let's be brutally...

Seoul Summit: Bridging Traditional Finance & Web3 with RWAs

Seoul Summit: Bridging Traditional Finance & Web3 with RWAs

Leading the charge within this convergence is the thrilling tokenization of Real-World Assets (RWAs). BlockTraderHub.com is Blockworks.crypto intelligence. As always, we are closely tracking all of the happenings that will determine the future of blockchain, DeFi and digital assets at large. That’s why the upcoming MANTRA RWA Summit in Seoul...

Magic Eden's Slingshot Move: The Key to Crypto's Mass Adoption?

Magic Eden's Slingshot Move: The Key to Crypto's Mass Adoption?

So is crypto finally ready to cross the chasm? Magic Eden’s acquisition of Slingshot is about more than just a business acquisition. It looks a lot more like a clever strategic slingshot move, right to the bull’s eye of the core of mainstream adoption. The focus isn’t even on NFTs...