Web3 Weekly Wonderland | Edition #17 – Nov 2022

Welcome back, Web3 Enthusiasts!

We’re back with the latest edition of the Web3 Weekly Wonderland, and this edition serves you some energising thrills of the Web3 world!

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The week's Top 10 news from the decentralised world ―?

• It’s a big week for NFTs –?OpenSea?plans to integrate BNB Chain to the Seaport Protocol on its NFT Marketplace, while?Uniswap?launches an NFT marketplace aggregator.
• The Virtual Asset World gains more excitement, with Web3 gaming DAO?Game7?launching a $100M program to help accelerate blockchain-enabled games and?Sony?debuting wearable?Mocopi?bands that track the body to create metaverse avatars in real-time.
• Crypto exchanges captured headlines:?Binance?acquired licensed crypto provider?Sakura Exchange BitCoin (SEBC)?in Japan,?Nexo?and?Gemini?entered Italy by gaining regulatory approval, and?Telegram?CEO Durav announced plans to build a decentralised exchange and non-custodial wallets.
• Playing it safe,?Aave?and?Compound?froze market and cap loans to mitigate risks, whereas?IBM?and?Maersk?announced plans to abandon their shipping blockchain TradeLens by early 2023.?
• A silver lining among the storm –?Keyrock?raised $72M in Series B funding to invest in infrastructure development.

Web3 Word Of The Week

Cold Wallets:??A cold wallet is used offline for storing Bitcoins or other cryptocurrencies. With a cold wallet, originally known as cold storage, the digital wallet is stored on a platform not connected to the internet, thereby protecting the wallet from unauthorised access, cyber hacks, and other vulnerabilities that a system connected to the internet is susceptible to.

Don't forget to check out this Web3 delight ?? over the weekend for a peek into the Web3 realm!

• Compound Whitepaper

That's all for now!??

If you're hungry for FinTech insights, check out some of our other work at?WhiteSight.?

Our latest publications include taking a look at the layoff patterns in 2022 in?Winter Is Here For The FinTech Folks?and exploring the?Revolut-ionary Leaders: Navigating Global Aspirations?

If you're someone who prefers to read think pieces, you will likely love our monthly blog?Fintersections, where our team members analyse the convergence of FinTech with the world.

FinTech research is in the WhiteSight DNA, so if you'd like to get in touch for features, sponsorships, reach, and content marketing services, reach out to us at[email protected].

And lastly, to stay updated on everything FinTech and Web3, follow us on?LinkedIn?and?Twitter, and don't be shy to show some ??