Web3 8amCoffee

In an unprecedented move, China briefly blocked all outbound HTTPS connections for one hour at midnight. While unrelated to Web3, the incident signals potential implications for global internet access — a foundational aspect of decentralized tech.

Researchers revealed a serious Web3-adjacent security issue, exploiting a simple pull request to gain remote code execution and write access to over 1M GitHub repositories via CodeRabbit. A stark reminder of supply chain vulnerabilities in the Web3 development space.

Microsoft Copilot introduced a bug that disrupted audit logging, leaving enterprise users unaware of system-level changes. While not specific to Web3, the incident highlights core transparency concerns that Web3 technologies aim to solve.

Crypto markets slid ahead of Fed Chair Jerome Powell’s Jackson Hole speech. From regulatory uncertainty to risk-off sentiment, eight reasons are driving trader anxiety. A pivotal moment for both Web3 investors and traditional finance observers.

The U.S. Federal Reserve's new supervision head is bullish on bringing crypto into the mainstream financial ecosystem. This signals growing institutional support for Web3 innovations and regulatory alignment.