Webaverse

Webaverse, also known by its alias, is a Web3 metaverse project headquartered in the United States of America. The organisation focuses on creating a decentralized virtual environment where users can interact, create, and exchange digital assets. As a Web3 initiative, it leverages blockchain technology to underpin ownership and transactions within its metaverse. The project aims to serve a global audience interested in immersive online worlds and digital economies. Its core offering centers on providing a platform for social and economic activities within a blockchain‑based metaverse.

On November 26, 2022, Webaverse suffered a $4 million cryptocurrency theft during an in‑person meeting with individuals posing as investors in Rome. The attackers convinced the victim to show the balance of a newly created Trust Wallet that held USDC, then drained the wallet without obtaining any private keys or seed phrases. After the theft, the stolen funds were rapidly divided into multiple transactions and swapped into other cryptocurrencies through decentralized exchanges. The incident was reported to both Italian law enforcement and the FBI, but investigations have not yet identified a definitive attack vector. Trust Wallet’s chief executive characterized the breach as the work of organized crime rather than a flaw in the wallet’s software. Despite the significant financial loss, Webaverse stated that it retained sufficient operational runway to continue its development efforts. The company has indicated that it remains committed to advancing its metaverse project following the incident. No further details about the organisation’s size, ownership structure, or subsidiary relationships have been disclosed in the available sources. Consequently, the profile is limited to the confirmed facts about its Web3 metaverse focus, headquarters location, and the November 2022 security event. These points constitute the entirety of the verifiable information presently available for Webaverse.