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How many giant hacks can web3 afford?
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How many giant hacks can web3 afford?

Axie Infinity promised to cover its players' losses. Will the next compromised crypto platform do the same?

Casey Newton
Apr 7
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Axie Infinity wordmark with Axie monsters in the background. (Axie Infinity)
(Axie Infinity)

Programming note: Platformer will be off Thursday as I moderate a panel at The Atlantic’s Disinformation and the Erosion of Democracy conference in Chicago. Say hi if you’re around!

One reason I am drawn to stories about the world of cryptocurrencies is that the scale of their calamities, relative to the number of people who actually use t…

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