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Polygon zkEVM Offline for Over 12 Hours Early morning on March 24, 2024, users discovered that the Polygon zkEVM network had been offline for several hours. Given the reduced community activity over the weekend, the incident went unnoticed for quite some time. On their official platform X, the Polygon team
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According to aggregated data from Dune Analytics, over 50% of non-vote transactions on the Solana network failed over the past month. What exactly is the reason behind this? Reasons Behind 50% Failed Transactions on Solana in the Past Month According to data compiled on Dune Analytics by user @scarn_eth,
NFT & GameFi
Photo: Super Sushi Samurai Super Sushi Samurai (SSS), the runner-up of the Big Bang Event on layer-2 Blast, has suffered a devastating attack with losses estimated at approximately $4.6 million. The hack occurred just hours after the project announced an airdrop for early users. In an announcement on the
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As teased last week, BNB Chain has officially announced details of its Airdrop Alliance program for a series of projects within its ecosystem. BNB Chain Announces Airdrop for 7 Ecosystem Projects Late on March 22nd (Vietnam time), BNB Chain unveiled an exclusive airdrop program for users of BNB Smart Chain
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Ethereum has recently officially added proposal EIP-7251 to the upcoming Pectra hard fork. This proposal aims to increase the cap limit for available staking (currently set at 32 ETH per validator), thereby unlocking greater potential for the validation network. Ethereum Proposes Adding More ETH for Validator Staking in Pectra Upgrade
DeFi
On March 22, Frax Finance founder Sam Kazemian announced a governance proposal on the project's forum outlining the development roadmap until 2026, with the immediate plan to propose fee sharing for FXS token holders. Kazemian highlighted that the deployment of Fraxtal layer-2 in early March marked a new
NFT & GameFi
Punk #7804 was recently sold for 4,850 ETH, making it the second most expensive transaction in the history of the collection. Following the high-profile sale of Punk NFT #3100 for 4,500 ETH (equivalent to $16 million) earlier this month, on March 20, another CryptoPunk NFT, Punk #7804, was
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In line with earlier predictions by market observers, the Federal Reserve (Fed) has maintained its interest rates at their highest levels in 23 years, between 5.25% and 5.5%. Fed Holds Interest Rates Steady for 5th Consecutive Time, Bitcoin Prices Rebound. Image: Coin360 Early morning on March 20, the
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Amid a rush for memecoins, gas fees on the Layer-2 Base have at times surged to $5 per transaction. Layer-2 Base Under Pressure Amid Memecoin Craze. Image: Blockworks Base, the Layer-2 blockchain of the cryptocurrency exchange Coinbase, is facing significant challenges in meeting the skyrocketing demand across its ecosystem. Recently,
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In his latest remarks at the ETH Taipei conference, Ethereum co-founder Vitalik Buterin addressed the issue of decentralization in staking and introduced insights into the Rainbow solution. Vitalik Buterin Explains Rainbow Mechanism to Address Staking Issues on Ethereum Rainbow Staking is a solution introduced by the author "barnabe"
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The initial investment fund in ether.fi, Arrington Capital, is reported to have created 10 wallets to "farm airdrops" on ether.fi, receiving a total of 200,498 ETHFI tokens and subsequently transferring them to Binance. Investment Fund Allegedly Conducts Sybil Attack for Airdrop Gains on ether.fi
NFT & GameFi
Blockchain platform for Web3 gaming Immutable (IMX), Polygon Labs, the developers behind the Polygon blockchain, and investment fund King River Capital have announced a partnership aimed at establishing a $100 million blockchain gaming investment fund. The initiative, officially named the "Inevitable Games Fund" (IGF), is focused on nurturing
