Web3 Industry Weekly Report: Highlights from Week 1 of June 2026

Tech Headlines

1. Scroll Founder: Bitcoin's Quantum Threat Timeline Is Roughly Clear to Be Within Ten Years, and It Is Extremely Difficult for the Community to Reach Consensus

https://www.forbes.com/sites/digital-assets/2026/05/28/bitcoins-quantum-deadline-isnt-a-physics-problem/

On May 28, Scroll co-founder Sandy Peng wrote that the quantum computing threat facing Bitcoin is essentially a governance coordination challenge rather than a physics problem. According to a March white paper from Google Quantum AI, cracking Bitcoin's secp256k1 elliptic curve using an optimized Shor's algorithm would require only about 1,200 logical qubits, nearly 20 times fewer than estimates from five years ago. IonQ's roadmap plans to reach 1,600 logical qubits in 2028, while IBM expects to launch a 2,000-logical-qubit system in 2033, making the threat timeline broadly clear at ten years or less.

2. OpenSea Launches Ethereum Open Standard ERC-8257, Positioned as the "App Store for AI Agent Tools"

https://x.com/opensea/status/2059286547845792220

On May 27, OpenSea announced the launch of the Ethereum open standard ERC-8257 (Agent Tool Registry), allowing developers to register tools on-chain, declare access rules and pricing, and enabling AI agents to autonomously discover, purchase access, and invoke tools without human intervention. This standard, combined in layers with ERC-8004 (agent identity), MCP (tool discovery), and x402 (payment protocol), collectively forms the on-chain operational infrastructure for AI agents and is currently still in the draft stage.

3. SlowMist Discloses: Cross-Registry Supply Chain Attack Targeting Crypto and AI Developers, Impacting npm / PyPI / crates.io

https://x.com/SlowMist_Team/status/2058822739776118990

On May 25, SlowMist disclosed that its security unit MistEye detected a cross-registry supply chain attack, in which attackers published malicious packages through npm, PyPI, and crates.io, targeting developers in the cryptocurrency, DeFi, Solana, Sui / Move, and AI sectors. The attack involved 34+ malicious packages and 384+ versions, capable of stealing cryptocurrency wallets, SSH keys, cloud credentials, GitHub / AWS tokens, browser data, and environment variables, and achieving persistence through .cursorrules, Git hooks, cron, and more.

Industry Dynamics

1. European Central Bank Executive Board Member: The Digital Euro Is a Key Tool for Addressing Stablecoin Risks

https://www.theblockbeats.info/flash/348792

On June 1, European Central Bank Executive Board member Isabel Schnabel said that the rapid development of stablecoins could pose risks to financial stability, monetary policy transmission, and the international monetary system, and that central banks should address this by strengthening regulation and advancing central bank digital currencies. The global stablecoin market capitalization has approached $300 billion, with USDT and USDC together accounting for about 90%. Schnabel believes the digital euro can ensure the public continues to have access to central bank money and reduce Europe's dependence on non-European payment service providers.

2. The Wall Street Journal: Stablecoins Are Essentially "Private Money" and May Pose Risks to the Financial System

https://www.theblockbeats.info/flash/347727

On May 26, The Wall Street Journal published an article pointing out that stablecoins are essentially "private money." Although the GENIUS Act and the CLARITY Act are promoting compliance, stablecoins operate on fragmented, privatized infrastructure and do not possess the "uniformity" of the traditional dollar system. Issuers have an inherent incentive to expand scale and "seek yield," and may allocate to higher-risk, less liquid assets. Once the value of the related assets declines, it could trigger concentrated redemptions and cascading market reactions. The article cited Chainalysis data stating that stablecoins account for 84% of illicit activity in crypto.

3. Tether Partners with the Government of Georgia to Launch the Official Stablecoin GEL₮

https://tether.io/news/tether-and-the-government-of-georgia-to-launch-gelt-the-official-stablecoin-of-georgia/

On May 25, Tether, with the support of the Government of Georgia, plans to launch GEL₮, a stablecoin representing the Georgian lari. This is one of the first joint efforts to place a national currency directly onto the digital asset track under a specially built stablecoin regulatory framework. GEL₮ aims to achieve lower transaction costs, near-instant settlement, programmable payments, and more efficient value transfer, supporting fintech development and broad access to digital payment infrastructure.

In-Depth Analysis

1. Resolv Hack: How a Leaked Key Led to $23 Million Stolen

https://www.chainalysis.com/blog/lessons-from-the-resolv-hack/

Chainalysis released an in-depth postmortem report on the March 22 Resolv protocol security incident. The attacker compromised the KMS signing private key on the protocol's AWS infrastructure, bypassed on-chain collateral checks, and minted 80 million unbacked USR stablecoins out of thin air, redeeming about $25 million in assets and causing the depeg. The report pointed out that although Resolv underwent multiple rounds of code audits, its security weakness lay in operational security—its smart contracts overtrusted offline signatures and lacked circuit-breaker designs such as minting limits and real-time collateral ratio checks, allowing a single cloud permission compromise to trigger protocol collapse.

Disclaimer: The information provided in this document is based on publicly available market data and industry trends, and is for reference only. Please note that this information does not constitute any form of investment advice or recommendation, nor should it be considered as the basis for buying or selling any financial products or services. In case of any translation errors in English, inaccuracies, or situations requiring further clarification, please contact us through 'Contact Us' so that we can verify and make necessary corrections in a timely manner.

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