Hong Kong-listed Yunfeng Financial purchased $44 million of ETH to support its expansion into Web3, real-world assets and tokenized finance. Yunfeng Financial Group, a Hong Kong-listed company with ties to Alibaba founder Jack Ma, acquired 10,000 ETH (worth about $44 million) in a move to deepen its Web3 expansion. The purchase, disclosed in a voluntary announcement on Tuesday, was funded through internal cash reserves. The move follows a recent announcement by Yunfeng outlining its push into Web3, real world assets (RWA), digital currency and artificial intelligence. According to the company, Ether (ETH) was chosen as a reserve asset to support RWA tokenization, technological innovation and the broader integration of finance with Web3 infrastructure. Read more
Web3 remains a popular buzzword in crypto, but are DApps and altcoins actually delivering on their promises? Key takeaways: Web3 daily activity held steady at 24 million in Q2 2025, but sector composition is shifting. DeFi leads transaction counts with 240 million weekly, yet Ethereum gas usage is now dominated by the RWA, DePIN and AI. Read more
Web3’s current trading infrastructure fails to offer institutional participants privacy, scale and sophistication. It lags behind market maturity, leaving institutional and large-scale traders underserved. Opinion by: Anish Mohammed, co-founder of Panther Protocol Binance co-founder Changpeng “CZ” Zhao’s recent proposal to create a dark-pool perpetual swap decentralized exchange (DEX) is more than just a novel idea — it’s a timely reflection of where Web3 is falling short. In a market increasingly driven by institutions and large stakeholders, CZ’s call for private execution and protection from maximal extractable value (MEV) attacks underscores a more profound truth: The current trading infrastructure in crypto is not built for scale, discretion or sophistication. Read more
Shelby launches amid surging demand for cloud services, driven by the rapid growth in global data storage needs. Aptos Labs and Jump Crypto have introduced a cloud-based storage network tailored for Web3 and decentralized applications — a system its creators say rivals traditional cloud services. Unveiled on Tuesday, the network — called Shelby — is a globally distributed platform powered by Aptos’ high-throughput technology. It is chain-agnostic, offering compatibility with Ethereum, Solana and other major blockchains. Shelby is built for developers who need cloud-like speed and remote access for demanding use cases, including streaming video, artificial intelligence and decentralized physical infrastructure (DePIN) applications. Read more
The Cointelegraph Decentralization Guardians (CTDG) initiative is operational with validators on Solana, Chiliz, Polkadot, Coreum, Canton and Mantra. Cointelegraph is evolving from industry commentary to active participation in securing Web3 with the launch of the Cointelegraph Decentralization Guardians (CTDG) initiative, debuting live, institutional-grade validators on major blockchains including Solana, Chiliz, Polkadot, Coreum, Canton and Mantra. The CTDG initiative functions as a multi-faceted program that combines running high-performance validator nodes across leading blockchain ecosystems with public education, data-driven network monitoring and increased visibility for partner protocols. Merging media operations with Web3 success support positions Cointelegraph as a direct contributor to the health and security of the industry it covers. The program’s mainnet validators are live, and its public dashboards are tracking key network statistics and validator performance. These tools are accompanied by ne...
Cointelegraph and Audius are launching a remix contest to spotlight how decentralized platforms are empowering artists and redefining creative ownership to reshape the music industry. As streaming platforms dominate music distribution, artists have increasingly found themselves sidelined and earning fractions of pennies per play, all while relying on centralized platforms to reach fans. However, in a corner of the digital world, a new wave of creators, developers and platforms are exploring how Web3 tools can offer an alternative. Decentralized, Web3-native music platforms have emerged in recent years to offer artists more control over their content, more direct access to their audiences and better monetization models. Read more
In the latest episode of Decentralize with Cointelegraph, experts break down how crypto op-eds are influencing public perception, policy and the future of Web3 storytelling. As the crypto industry matures and public perception becomes more critical to adoption and regulation, opinion pieces, often dismissed as hot takes, are emerging as powerful tools in shaping the Web3 narrative. In the latest episode of Decentralize with Cointelegraph, we sit down with three insider voices to explore the evolving role of opinion in crypto media: Cath Jenkin, opinion editor at Cointelegraph; Nikki Brown, chief strategy officer of Melrose PR; and Amal Ibraymi, legal counsel at Aztec Network. The discussion highlights the growing strategic value of op-eds in crypto media — not only as vehicles for thought leadership but as instruments of influence. Read more
The Hedera Africa Hackathon 2025 will bring together over 10,000 people across more than 20 cities with $1 million in prizes to support blockchain ideas in Africa. The Hashgraph Association and the Exponential Science Foundation have launched the Hedera Africa Hackathon 2025, a global event designed to accelerate Web3 and artificial intelligence adoption across the African continent. With a prize pool of $1 million, the hackathon will run from Aug. 1 to Sept. 30 and aims to attract over 10,000 participants across 15 African countries, according to a news release shared with Cointelegraph. Organized by two nonprofit organizations — the Switzerland-based Hashgraph Association and the tech research-focused Exponential Science Foundation — the event is open to developers, students and entrepreneurs worldwide. Read more
Blockchain's rigidity limits Web3. Web3's scalability and future lie beyond traditional blockchains. Expect a shift toward flexible, verifiable systems prioritizing efficiency over rigid total ordering Opinion by: Grigore Roșu, founder and chief executive officer of Pi Squared For some, the audacity of questioning the primacy of blockchain in Web3 is borderline heretical. The idea that decentralization and progress could exist without blockchains seems absurd to those who built careers around Bitcoin, Ethereum, and their descendants. Given blockchain's well-documented scaling limits, however, there is an argument to be made that Web3 doesn't actually need blockchains to thrive. Instead, it requires payment systems and verifiable settlement systems that are super fast. Blockchains are just one way to achieve that, not the only way. While blockchain solved the double-spending problem, it introduced its own architectural burden: the rigid fixation on total ordering, dictating that every transaction must wait its...
Brave has integrated support for the Cardano blockchain into its native and standalone wallets, enabling direct access to its assets and governance features. Update (May 13, 1:00 pm UTC): This article has been updated to add third-party commentary from Robert Roose. Web3 and privacy-focused web browser Brave Browser has integrated the Cardano blockchain into its native and standalone wallets. According to a May 12 announcement, the integration stems from a partnership between Brave Browser and Cardano development firm Input Output. Together, the two firms “will integrate Cardano into the Brave Wallet, enabling Cardano blockchain access and token management.” Brendan Eich, co-founder and CEO of Brave and the Basic Attention Token (BAT), said: Read more
Cointelegraph partners with TheBlock. to boost tokenization, compliance and real-world asset adoption in the MENA region through joint events and coverage. Dubai, UAE – May 2025 — TheBlock., the International Chamber of Virtual Assets, has announced a strategic partnership with Cointelegraph, the world’s leading Web3 media platform. The collaboration brings together two major players in the blockchain and virtual asset space, with the shared goal of amplifying the global adoption of tokenisation, advancing regulatory dialogue, and supporting builders entering the MENA region. The agreement, signed during Token2049 Dubai, highlights Cointelegraph’s growing collaboration with key players in the UAE. This new partnership will foster deeper collaboration and mutual support across TheBlock’s ecosystem. As part of the collaboration, Cointelegraph will set up a presence at TheBlock’s headquarters in Dubai World Trade Center, offering opportunities for engagement with founders, partners, and clients within the ecosys...