Web3

Kelp claims that LayerZero approved the setup it blamed for $292 million bridge hack
The $292M exploit, linked to North Korean hackers, led Kelp to migrate its rsETH off LayerZero's "OFT" standard to Chainlink's "CCIP."

More than 90% of Web3 games failed after $15 billion boom as gamers never showed up: Caladan
Gaming took 63% of all Web3 venture funding in 2022, but by 2025 its share had fallen to single digits as capital rotated into AI, real-world assets and layer-2 infrastructure.

North Korea’s crypto heist playbook is expanding and DeFi keeps getting hit
More than $500 million was siphoned across the Drift and Kelp exploits in just over two weeks. What once looked like isolated breaches now resembles a sustained campaign, likely driven by the financial needs of a sanctioned state.

Hack at Vercel sends crypto developers scrambling to lock down API keys
Breach tied to compromised AI tool may have exposed credentials used by app frontends, the user-facing layer that connects web3 wallets and trading interfaces to backend services.

Venus’ XVS token plunges 9% as exploit leaves protocol with bad debt
The exploit, which occurred on March 16, didn’t appear to impact XVS prices until analysis showed major holders moving large amounts to exchanges.

Crypto Has Reinvented and Replatformed the Middle Man
For those of us who want to use crypto to make the world better, we need to start calling out this behavior for what it is: short-sighted, selfish, unwelcome greed, says VeChain co-founder Sunny Lu.

1kx: Onchain Economy Hits $20B as Fees Signal Real Demand
The firm’s Onchain Revenue Report (H1 2025) aggregates verified onchain data across more than 1,200 protocols, tracking how value actually moves through decentralized systems.

The Crypto Industry Must Evolve to Match Real-World Security Risks
Security issues like data breaches and phishing attacks are a type of feedback for Web3 designers, argues Tools for Humanity’s Adrian Ludwig.

There Is Too Much Friction in Web3 For Newcomers. Here’s How We Fix it.
The promise of a seamless digital economy is being sabotaged by a simple, recurring nightmare: network switching, says ZetaChain core contributor Jonathan Covey.

YZi Labs Introduces $1B Fund for BNB Chain Projects
YZI Labs says it wants the BNB ecosystem to form a backbone of "democratized access and ownership"

