Multicoin’s Kyle Samani Declares Web3 Dead, Pointing to DeFi and DePIN Domination
Kyle Samani argues that speculative Web3 concepts are giving way to revenue-generating infrastructure, while also drawing fire for comparing Hyperliquid to Binance.
Chain abstraction is a design paradigm in the blockchain industry aimed at simplifying the user experience by hiding the underlying technical complexities of interacting with multiple decentralized networks. Historically, users navigating the crypto ecosystem have had to manage different wallets, native gas tokens, and bridging protocols to move assets between distinct blockchains. Chain abstraction solves this by utilizing smart accounts, unified liquidity pools, and cross-chain messaging protocols to create a seamless, unified interface.
When a user executes a transaction, the abstraction layer automatically handles the necessary bridging, token swaps, and fee conversions in the background. It allows developers to build applications that tap into liquidity and user bases across all networks simultaneously.
Kyle Samani argues that speculative Web3 concepts are giving way to revenue-generating infrastructure, while also drawing fire for comparing Hyperliquid to Binance.
The era of experimental, isolated AI chatbots is ending. BNB Chain’s newly deployed BNBAgent SDK establishes a standardized financial and technical blueprint for autonomous machine-to-machine commerce, data storage, and micro-payments.
Following a successful committee vote, the CLARITY Act is gaining massive institutional momentum. Prominent web3 advocates like a16z and Grayscale argue the bill will secure American tech dominance on the global stage.
TON Core has launched Acton, an AI-powered development suite that allows builders to deploy autonomous agents on the TON blockchain with the ease of a template.
Discover how the new MetaMask Rewards tab, powered by theMiracle, uses behavioral intelligence to deliver personalized on-chain benefits directly to your wallet.
In a recent AMA for his memoir, Binance founder CZ confirmed he has no plans for new startups, shifting his focus toward AI research, crypto investing, and founder mentorship.
The DeFi sector is facing a deepening security crisis after nearly $800 million in losses this year, with April alone accounting for the majority.
Coinbase unveils Agentic.market, an app store-like platform built on x402 that allows AI agents to access and transact with digital services autonomously.
Binance is beta-testing a prediction markets feature in its wallet app through a partnership with Predict.Fun.
Ethereum developers introduce the Economic Zone framework to unify fragmented layer-2 networks and improve interoperability.