Web3 Deep Dive: NFTs, DeFi, and Cryptocurrency Explained

Institutional Plays, Meta Earth 2.0, and the GENIUS Act: Web3's Wild Week


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Web3 Deep Dive: NFTs, DeFi, and Cryptocurrency Explained podcast.

Hey folks, it’s Crypto Willy here, your next-door blockchain buff bringing you the latest deep dive into the fast-evolving world of Web3. There’s been a lot brewing this past week in NFTs, DeFi, and crypto—let’s blast through the biggest updates shaping our digital universe.

Let’s kick things off with the Meta Earth Network 2.0 rollout, lighting up the headlines from Dubai. This upgrade is all about increased engagement and real rewards. ME ID holders now snag a monthly airdrop—0.01 MEC lands straight in their ME Pass wallet, fuelling a wider, more inclusive Web3 ecosystem. The ME Pass 3.0 UI overhaul isn’t just a facelift; it’s now fortified with multi-factor authentication, passkeys, and seamless NFT management. What’s slick is the new cross-chain asset movement between the ME-Hub and RollApps, plus the ‘Explore’ marketplace and encrypted group chat features. If you’re itching to see this in person, Meta Earth’s hosting real-world meet-ups, with Istanbul Blockchain Week just wrapping, connecting digital pioneers offline.

Meanwhile, the institutional and high-frequency trading crowd got a treat from Bitget, a major exchange out of Victoria, Seychelles. They rolled out the Bitget PRO program with a limited-time PRO+2 level upgrade. The whole initiative is aimed at giving institutional clients and big traders extra muscle, smoothing their path with higher-tier benefits and advanced tools. This move is a clear sign that pro-grade infrastructure is becoming the norm as the market matures.

Zooming out to the legislative front, the US Congress took a big step by advancing the GENIUS Act after a decisive Senate vote. This isn’t just regulatory shop talk—the act paves the way for a major federal stablecoin law while the House continues wrangling over more comprehensive market structure reforms. And it’s not just lawmakers stirring the pot: the SEC’s pulling back on some rules, and the DOJ is pushing new theories about developer liability. These shifts could set the tone for digital asset policy as we roll into summer, with IPOs and regulatory clarity becoming hot topics in every crypto boardroom.

The community was buzzing at Proof of Talk 2025, set against the iconic backdrop of Paris’ Louvre. Over 3,000 attendees, from DeFi and DeAI to finance titans, crossed paths for forward-looking discussions. Barry Silbert made a headline-grabbing comeback, unveiling Yuma Group—an asset management firm zoned in on alpha token strategies within the Bittensor ecosystem. Meanwhile, Bittensor’s Jacob Steeves wowed crowds with his keynote on aligning human potential through open-ownership protocols. These moments signal a maturing scene where institutional and retail interests are more intertwined than ever.

Of course, not everything was rosy—security is still a critical issue. This week saw hackers, allegedly linked to Israel, steal and destroy $90 million from Iran’s Nobitex exchange. This stark reminder underscores the perpetual need for robust security as Web3 grows.

So whether you’re knee-deep in DeFi, hunting the next NFT, or cheering for regulatory progress, this week showed Web3 is hurtling forward at full throttle. Stay curious, secure those wallets, and I’ll catch you next week for another Crypto Willy rundown.

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Web3 Deep Dive: NFTs, DeFi, and Cryptocurrency ExplainedBy Quiet. Please