#web3 News & Analysis

Can Consensus 2026 spark Pi Network’s next move?

Web3 is dead? Kyle Samani says only DeFi and DePIN remain

Kyle Samani contends that Web3 has failed as a concept, with only DeFi and DePIN (Decentralized Physical Infrastructure Networks) emerging as viable use cases. Concurrent warnings from Eli Ben-Sasson about an identity crisis in crypto suggest the industry faces fundamental positioning challenges and needs to refocus on applications with genuine utility.

MultiBank Group’s crypto arm mb.io brings Ghana gold on-chain with Kings Orbis, EON3 & Mavryk

MultiBank Group's cryptocurrency division mb.io has partnered with Kings Orbis, EON3, and Mavryk to tokenize Ghana's gold reserves on blockchain. This initiative brings physical gold assets onto decentralized networks, enabling fractional ownership and improved liquidity for the West African nation's precious metal resources.

Why Pi Network’s Dr. Chengdiao Fan takes the Consensus 2026 stage with Protocol 23 six days away

Pi Network co-founder Dr. Chengdiao Fan will speak at Consensus 2026 in Miami on May 6, discussing Web3, AI, and blockchain integration just six days before Protocol 23 launches. The timing suggests Pi Network is positioning itself at the intersection of major technology trends while approaching a significant protocol upgrade.

World ID upgrade expands “proof of human” system across digital platforms

World has upgraded its World ID system to expand verification capabilities across digital platforms using privacy-focused cryptography. The upgrade enhances the "proof of human" infrastructure, enabling broader adoption of identity verification in web3 and digital services while maintaining user privacy through advanced cryptographic methods.

CertiK unveils AI Auditor to improve early detection of blockchain vulnerabilities

Solana Foundation looks to beef up DeFi security as attacks continue

The Solana Foundation and Web3 security firm Asymmetric Research launched a new security initiative called STRIDE along with a real-time incident-response network. This move comes as DeFi attacks continue to plague the Solana ecosystem, highlighting the need for enhanced security measures.

XRP Price Prediction Meets SEC ETF Deadline as Pepeto Outperforms and Investors Choose Exchange Tools Over Web3

The SEC faces its final deadline today on remaining XRP ETF applications, with $1.44 billion already in XRP funds and Goldman Sachs holding the largest institutional position at $153 million. The article also mentions Pepeto's outperformance and a trend toward exchange tools over Web3.

Bitpanda, Vision Web3 Foundation, and Optimism Launch Vision Chain for European Institutional Finance

Bitpanda, Vision Web3 Foundation, and Optimism have launched Vision Chain, a blockchain built on OP Stack specifically designed to meet European regulatory standards including MiCAR and MiFID II. The platform aims to simplify institutional adoption by removing blockchain complexity and features the Vision Token (VSN) with a buyback mechanism tied to network revenue.

Best Crypto Presale: DeepSnitch AI Surges 200% as Web3 Companies Go All-In on AI Technology

DeepSnitch AI presale has surged 200% amid a broader trend of Web3 companies pivoting to AI technology. Crypto data firm Messari exemplifies this shift by replacing its CEO, laying off staff, and repositioning from human-driven research to an AI-focused company that opens its data layer to autonomous AI agents.

UAE central bank says financial system stable amid missile and drone attacks

The UAE central bank has declared its financial system remains stable despite ongoing missile and drone attacks in the region. The UAE hosts over 1,800 cryptocurrency firms, with more than 600 Web3 companies operating in Dubai's DMCC free zone.

MetaMask Crypto Debit Mastercard Launches Across United States

MetaMask has launched its Mastercard-powered crypto debit card to all users across the United States. This expansion allows MetaMask users nationwide to spend their cryptocurrency holdings directly through traditional payment networks.

Farcaster's Founding Team Joins Paradigm-Backed Tempo Blockchain

The Merkle team, previously part of Farcaster's founding team, has joined Paradigm-backed Tempo blockchain just two weeks after departing Farcaster. This represents a significant talent migration in the Web3 space to a well-funded blockchain project.

How to save the internet—according to Sam Altman’s all-seeing Orb

Sam Altman's biometric identity infrastructure project, centered around an 'all-seeing Orb' technology, is positioning itself as a solution to Europe's corporate authenticity crisis. The initiative represents Silicon Valley's push toward biometric-based identity verification systems that could reshape how individuals and businesses verify identity online.

'Web3 Is Dead' as This Is What's Left: Solana Treasury Chairman Samani

Solana Treasury Chairman JF Samani suggests Web3 is experiencing severe weakness amid significant capital outflows from the DeFi sector. The commentary reflects broader concerns about the industry's current viability and investor sentiment, signaling potential challenges for blockchain-based applications.

YZi Labs welds creators to Web3, AI and frontier tech deal flow

YZi Labs has launched a Creator Program that connects Web3 and AI storytellers with over 300 portfolio companies, aiming to integrate narrative-building with capital allocation and hiring. The initiative represents an emerging trend of venture studios bridging creator economy, blockchain infrastructure, and frontier technology investments.

Kenya’s Treasury Secretary Dismisses New Crypto Tax Claims in Finance Bill 2026

Kenya's Treasury Secretary dismisses claims that Finance Bill 2026 introduces new cryptocurrency taxes, framing the legislation as a compliance measure instead. The bill mandates Virtual Asset Service Providers (VASPs) to submit annual activity reports to Kenya's tax authority (KRA), a requirement that KPMG warns could significantly increase operational costs for web3 platforms.

Crypto for Advisors: Breaking down the Sui blockchain

Sui is a Layer-1 blockchain featuring object-based architecture and parallel execution capabilities designed to deliver high throughput for consumer-focused Web3 applications. The platform differentiates itself through technical innovations that address scalability constraints common to earlier blockchain generations.

Microsoft-backed Space and Time targets no-code Web3 apps

More than 90% of Web3 games failed after $15 billion boom as gamers never showed up: Caladan

Cardano Wallet Issues Scam Alert

CC0's Second Coming

AI technology has revitalized CC0 (Creative Commons Zero) licensing by enabling new applications in game development and digital creation. The convergence of AI tools and CC0's open licensing model is driving practical adoption and expanding use cases beyond what the framework previously achieved.

Towards Adaptive, Learning-Based Security in Decentralized Applications

GSR partners with SC Ventures-backed tokenization firm supporting its web3 ‘investment bank’ strategy

Crypto Users Beware: X’s New Rules Could Get You Banned