web3

Masa (also known as Masa Finance, later rebranded as Gopher) is a Web3 data and identity protocol that launched a soulbound token standard on Ethereum in 2023 before pivoting to a decentralized AI data network. The MASA token, sold via CoinList in March 2024 at $0.079 and hitting an all-time high of approximately $0.4697 on its April 11, 2024 listing date, subsequently collapsed by over 99.9% to trade near $0.00002 by mid-2026. ZachXBT publicly accused the project of concealing a six-figure security exploit in September 2024, which the team later confirmed only after the allegation was made public.

Metawin is an offshore crypto casino and gaming platform licensed under the Anjouan (Comoros) gaming authority, operated by Asobi N.V. from Curacao, and founded by Richard 'Skel' Skelhorn. On November 3, 2024, the platform suffered a significant hot wallet exploit across Ethereum and Solana blockchains resulting in approximately $4 million in stolen funds, with blockchain investigator ZachXBT tracing the stolen assets to KuCoin and a nested HitBTC service across more than 115 attacker-linked addresses. The CEO subsequently claimed to have personally covered the losses, restoring withdrawals for approximately 95% of affected users, though the platform's offshore jurisdictional status and the underlying security vulnerability raise ongoing concerns.