Web3 8amCoffee

Bunni DEX suspends its smart contracts after an exploit drains $8.4 million across multiple blockchains. The platform initiates a cross-chain incident response to contain losses, review affected liquidity, and protect users in the DeFi web3 ecosystem.

Metaplanet obtains shareholder approval to pursue funding for a Bitcoin accumulation strategy targeting up to $3.7 billion. The plan positions the company to raise capital and allocate it to BTC, signaling an expansion of corporate exposure to the asset within crypto and web3 markets.

Bitcoin exchange-traded products collectively hold the equivalent of 7% of Bitcoin’s maximum supply. The concentration in ETP vehicles highlights ongoing absorption of circulating BTC by regulated investment products and the growing role of institutional wrappers in crypto market structure.

A European regulator raises concerns about tokenized stocks and calls for stronger safeguards for investors and market integrity. The stance underscores regulatory scrutiny of tokenized securities within web3 infrastructure and signals potential requirements around custody, disclosures, and investor protection.