Twitter announces charges for third-party developers

Less than a month after unceremoniously blocking third-party apps, Twitter has announced new charges for developers using its API.

In a tweet, Twitter announced that it will end free access to its API (both v2 and v1.1) on 9 February 2023.

The company says a paid basic tier will be available to replace the free access. More specific details are due to be announced next week.

https://twitter.com/TwitterDev/status/1621026986784337922

It’s not the best time...

2 February 2023 | API

Linux Foundation launches Open Metaverse Foundation

The nonprofit Linux Foundation has launched the Open Metaverse Foundation (OMF) to promote an open metaverse.

Current participating organisations of the OMF include the Cloud Native Computing Foundation, Futurewei, GenXP, Hyperledger Foundation, LF AI, LF Edge & Networking, Open Voice Network, Open Wallet, and Veriken.

When discussing the metaverse, it’s important to consider the history of the web.

The original vision for the web was a decentralised...

19 January 2023 | Blockchain

OpenWallet aims to support Web3 wallet development

The Linux Foundation has announced OpenWallet, an initiative to support the development of Web3 digital wallets.

“We are convinced that digital wallets will play a critical role for digital societies,” said Jim Zemllin, Executive Director of the Linux Foundation.

“Open software is the key to interoperability and security. We are delighted to host the OpenWallet Foundation and excited for its potential.”

OpenWallet aims to develop a secure and...

13 September 2022 | Blockchain

Game developer criticises NFTs at event sponsored by blockchain firms

A game developer surprised attendees of an event sponsored by blockchain firms by criticising NFTs.

NFTs (Non-Fungible Tokens) have become one of the blockchain industry’s darling use cases. The technology is primarily associated with art projects; with purchasers able to prove their ownership thanks to immutable records on blockchains.

Arguably, the most infamous NFT project is Bored Ape Yacht Club—which even recently featured in a music video by Eminem and Snoop...

13 July 2022 | Blockchain

Web3 projects lost over $2B to hacks in H1 2022

A report from CertiK finds that web3 projects lost over $2 billion to hacks in H1 2022—more than all of 2021 combined.

“2022 is already the most expensive year for web3 by far. From these numbers, 2022 is forecast to see a 223% increase in the funds lost to attacks when compared with 2021,” wrote CeriK in their report.

CertiK’s sobering report highlights the difficulties of an industry that pitches itself as returning to the decentralised ideals of web1 while...

8 July 2022 | Blockchain

Web3: Ethereum leads in developers, falling behind in activity

According to a16z’s 2022 State of Crypto report, Ethereum is maintaining its lead in web3 developers but rivals are overtaking in activity.

The report opens with some history of the various web eras and why web3 has many people excited:

Web1 (~1990-2005) – Based on open protocols, decentralised, and community-governed. However, relatively basic in terms of functionality.Web2 (~2005-present) – Siloed, centralised services with value and content ownership granted to a...

18 May 2022 | Blockchain