BTC0.020
ETH0.020
HTX0.020
SOL0.020
BNB0.020
BTC0.020
ETH0.020
HTX0.020
SOL0.020
BNB0.020
Degen: Decided to migrate to DEGEN L3, or need to launch a new chain
11-07 14:49
Odaily News Degen officially announced that it decided to migrate DEGEN L3 to move away from the difficulties of the Rollup deployment platform Conduit service. "They have seized our rollup keys for several months, and we may need to restart a new chain." DEGEN L3 handles more than $200,000 in bridge transaction volume per day. Conduit pushed a bad upgrade without notice, which resulted in 54 hours of downtime and caused $160,000 in user funds to be lost. Subsequently, bridge transaction volume fell by more than 75% in the following month. After the incident, Conduit refused to be responsible for the community's losses. It rejected the Degen chain upgrade request and withheld sequencer fees, while requiring a new contract to be signed to avoid liability. Since the beginning of August, the Degen team has been working to reach a solution with Conduit to migrate DEGEN L3's hosting services, and it has been determined that Conduit has not cooperated in good faith.
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SOFR traders continue to bet on a 50 basis point Fed rate cut in September
Greeks.live: Some traders are optimistic about ETH and believe the price may break through $5,000
"Whales with 75% Win Rate in Four ETH Battles" Reduce Short Positions by 20,000 ETH with Stop-Loss
In the past hour, the total network liquidation expanded by more than 45 million US dollars, of which ETH liquidation was 21.2251 million US dollars
The “Insider Whale” closed its XRP and SOL short positions half an hour ago, with a cumulative loss of $1.644 million
LTC breaks through 119 USDT, up 9.55% in 24 hours