Web3 Buzzwords & Social Trends To Watch
Web3 do not synonymous with Blockchain. It amalgamates different technologies, becoming a catch-all term for a new, better internet. At its core, Web3 uses blockchains, cryptocurrencies, and NFTs to return control in the form of ownership to the users.
A Grey Area: Retroactive Bug Bounty Negotiations
Between October 2020 and March 2023 there have been 25 exploits of Web3 projects where the impacted projects were later able to recover some or all of the funds lost. Across these 25 incidents approximately $1.35 billion was stolen, and $992 million (73%) was returned.
DeFi Migration: Why dYdX and SushiSwap Abandon Ethereum
As more crypto projects — like dYdX and SushiSwap — search for cheaper and faster DeFi alternatives, Ethereum’s getting left behind. Are we Observing the fall of the king or the specialization of networks?
2023 State of Crypto Report: Introducing the State of Crypto Index
Our 2023 report aims to address the imbalance between the noise of fleeting price movements – and the data that tracks the signals that matter, including the durable progress of web3 technology.
