During the week from April 17th to April 23rd, the developments worthy of attention are as follows:Sui will officially launch the mainnet on May 3rd；Privacy Network Iron Fish Mainnet Officially Launched；Layer 1 public chain Berachain completes $42 million in financing；a16z crypto launches Magi, a new OP Stack rollup client written in Rust；Taiko has deprecated the alpha-2 testnet；Gitcoin's new round of donations will start on April 25th；Rocket Pool Completes Atlas Upgrade；Distributed LSD Protocol Obol Network Mainnet Alpha Phase Has Been Launched；Yearn Community Launches a Vote to Launch yETH；NFT project Moonbirds will launch reward token TALONS；NFT project Memeland may launch MEME tokens。
Bottom-Layer 1
Bottom-Layer 1
Sui will officially launch the mainnet on May 3rd
Odaily News According to the official Twitter, the public chain project Sui Network announced that the main network will be officially launched on May 3, 2023.
In addition, the testnet version has been updated to v 0.32.0, which mainly includes the following important updates: Add the DeepBook package to Sui Framework, allowing Sui developers to build on DeepBook. This version adds a new getBalances/Coins secondary index to improve query efficiency. In the v5 version of the protocol, a new cost table will be enabled to calculate the gas fee, which may make the transaction cost more, etc.
According to the official Discord announcement from Odaily, Sui has stopped accepting Recognition Sale applications, and it is only open to community members who joined Discord before February 1, with more than 340,000 qualified members. Currently, the total number of final submissions for the Recognition Sale is 180,000. It is reported that the Sui Foundation will use a random selection algorithm to randomly select 96,000 winning accounts from the 180,000 submitter accounts (assuming that each user who has obtained the whitelist purchases according to the maximum quota), users in regions with vague regulations may Additional engagement steps are required. The Sui Foundation will start contacting whitelist users by email on April 20, 2023, and activate the whitelist on the trading platform on April 21.
In addition, the Sui Foundation will not ask the winning users to provide information that has been provided before, and the email will not contain any external links. Please be careful of scams and phishing activities.
Aptos, a public chain project, launched the delegated pledge function
Odaily News According to official news, the public chain project Aptos announced the launch of the delegated pledge function. Users can now delegate their pledge rights to trusted network validators and receive rewards as individuals.
Multiple wallets can pledge APT on a trusted verification node, and a minimum of 11 APTs can be pledged.
Odaily News BNB Chain released the first quarter technical update, including the Greenfield test network has been launched, transaction fee reduction, BSC verifier self-rights update, MEV research, Planck hard fork upgrade. At the same time, the article also pointed out that it plans to launch the OpBNB test network in mid-May, launch the ZkBNB main network on June 1, and complete the BEP-206 proposal.
Odaily news Ava Labs developer relations engineer Usman Asim tweeted: "Reminder to all Avalanche verifiers: Cortina AvalancheGo version (v1.10.0) is now available and will be activated at 23:00 on April 25, Beijing time. Verifiers Nodes must be updated before this date, otherwise they will not be able to process the new blocks after the upgrade.” Github information shows that the changes in the upgrade will take effect on the main network at 23:00 on April 25.
The Cortina upgrade will migrate X-Chain to run Snowman++ consensus, which means the entire network has migrated to a single consensus engine. The Cortina upgrade also introduces batch delegation rewards and increases the C-Chain gas cap to 1500 gas.
The Polkadot Ecosystem Announces the Launch of the ink! Funding Program
Odaily News The Polkadot Ecosystem announced the launch of the ink! Funding Program, which aims to further develop the ink! smart contract ecosystem (such as infrastructure projects or developer tools).
The bounty program is funded by the Polkadot treasury and supported by the community. The bounty program administrators include Astar Network, Parity, Phala Network, Brushfam, and Aleph Zero. (Polka World)
Odaily News The official website of the Cardano Foundation released its first annual report, which reviews the achievements of the blockchain throughout 2022.
The report pointed out that Cardano will not be directly affected by various risk events in the encryption industry throughout 2022 due to its main holdings of Bitcoin (worth $19 million) and ADA (worth $166 million).
The Cardano Foundation also disclosed other milestones, including: supporting the Vasil hard fork, signing cooperation agreements with the UNHCR and the University of Zurich, developing Kupo V2, expanding the Developer Portal, and more.
Privacy Network Iron Fish Mainnet Officially Launched
According to official news from Odaily, the privacy network Iron Fish announced the official launch of the mainnet. Iron Fish is the new PoW L1 with the goal of making Web3 secure - enabling financial privacy while keeping bad actors at bay. Every transaction on Iron Fish is fully encrypted with ZKPs for verification. Users can host nodes, mine, mint fully encrypted custom assets, burn and transfer assets.
Iron Fish also stated that during the testnet phase, the achievements of the Iron Fish community are as follows: the number of Discord members reached 48,000; more than 50 million transactions were completed, and tens of thousands of full nodes were hosted (more than 60,000 in Phase 3).
According to official news from Odaily, Layer 1 public chain Berachain completed $42 million in financing, led by Polychain Capital, OKX Ventures, Hack VC, Dao 5, Tribe Capital, Shima Capital, Robot Ventures, Goldentree Asset Management, former partner of Dragonfly Capital, Celestia founder Mustafa Al-Bassam, Tendermint co-founder Zaki Manian and 20 other DeFi project founders participated in the investment.
Odaily newsLayer 1 privacy-enhanced blockchain Aleph Zero announced the launch of a $50 million ecosystem funding program, with each project receiving up to $500,000. use.
It is reported that the Ecosystem Funding Program includes grants for all stages of product development, incubation and acceleration, and successful applicants can receive up to $500,000 in grant funding per project. In addition, grantees will receive exclusive access to Aleph Zero's venture capital pool, infrastructure credits from Amazon Web Services, and security design consulting from Kudelski Security. The Aleph Zero partner network will also provide marketing, branding, user experience, product design and operational support as needed.
Odaily News LUKSO, a Layer 1 blockchain project to be launched by Fabian Vogelstelle, one of the proposers of the Ethereum ERC-20 standard, announced that it will launch the Genesis Validator deposit smart contract at 00:20 on April 21. Anyone can become a Genesis Validator as long as they hold at least 32 LYXe.
Shardeum announced the economic model, 51% as node rewards
Bottom layer-Layer 2
Bottom layer-Layer 2
The Odaily News Snapshot voting page shows that the Arbitrum community voted to pass two proposals (AIP-1.1 and AIP-1.2) aimed at expanding the supervision and governance power of ARB token holders. The support rate of the two proposals is currently 98%. above.
Proposal AIP-1.1 proposes to place the Foundation's remaining 700 million ARB in a "smart contract-controlled lock" to be unlocked over four years. According to the proposal, the foundation will not be able to use tokens until community members approve the token allocation budget. Additionally, the Arbitrum Foundation has released a transparency report on how the organization was formed.
Proposal AIP-1.2 seeks to amend several governance documents of the Arbitrum ecosystem, including lowering the threshold for the number of ARB tokens required to post improvement proposals on-chain from 5 million to 1 million.
a16z crypto launches new OP Stack rollup client "Magi" written in Rust
Odaily news a16z crypto engineer ncitron.eth tweeted that the OP Stack rollup client "Magi" written in Rust was launched. Work together to sync to any OP Stack chain, including Optimism and Base. As a standalone implementation, Magi aims to enhance the security and liveness of the entire OP Stack ecosystem.
"Magi" is under development and may take months to become a viable alternative to op-nodes.
StarkWare releases StarkEx V 5.0, including multi-asset trading and other functions
According to official news from Odaily, StarkWare, a zero-knowledge proof technology development company, has released StarkEx V 5.0, which introduces functions such as multi-asset transactions and support for ERC-1155 and ERC-20 token casting.
Coinbase's Layer 2 Base will launch its mainnet this year
Odaily News At present, Coinbase’s Layer 2 Base has not yet announced an official timetable, but Jesse Pollak, the person in charge of Base and the person in charge of the Coinbase agreement, revealed in an interview with techcrunch that the recent plan is to let Base enter the main network and decentralize it, and said that the Base main network The website will be launched this year. (techcrunch)
Taiko has deprecated the alpha-2 testnet
Odaily News Taiko has abandoned the alpha-2 test network and launched alpha-3 in Q2.
It is reported that the Taiko project is a zk rollup (Type 1 zk-EVM) solution similar to Ethereum. It is community-driven and fully decentralized.
Odaily News According to official news, the Rollup platform Caldera announced that it will soon introduce Stateful Precompiles (Stateful Precompiles), providing developers with a new interface to customize and add functionality to their Caldera chains, adding functionality to their EVM instances without writing Solidity. Stateful precompilation builds on standard stateless precompilation in the EVM, enabling broader functionality and customizability.
Caldera said use cases for state precompilation include enabling contract guaranteed revenue, minting native tokens for EVM instances, deploying smart contracts with higher performance and lower costs, restricting whitelist deployment of smart contracts, and more.
Gnosis Chain Launches $5 Million Validator Incentive Program
Odaily News Gnosis Chain developer Gnosis Builders announced the launch of a $5 million validator incentive plan to increase the number and diversity of validators through an incentive mechanism to achieve decentralization. The new plan will help improve the security and performance of Gnosis Chain.
infrastructure components
infrastructure components
Odaily News Gitcoin will open the Gitcoin Program Beta Round donation event from April 25th to May 9th. The official reminds users to check whether the Gitcoin Passport is the latest version. The official will reset the Passport every 90 days to ensure that all users are eligible is the latest. In order to participate in the new round of Gitcoin donations, users must re-collect Stamps before the event goes live on April 25.
Odaily News MetaMask Institutional Solution MMI (MetaMask Institutional) released the 2023 Q1 review, new features include portfolio dashboard, account bundling of NFT view, authentication and login, Institutional Staking market, etc.
On the data front, the eight-week user retention rate for the MMI extension was more than 65%, a metric the team is watching closely. Assets (AUD) deployed on-chain using MMI increased by 89.17%. Meanwhile, the MMI team is projected to grow annual revenue by 25.87%.
Launched in December 2020, MMI aims to address the needs of cryptocurrency funds, market makers and other institutions to access DeFi, while meeting security, operational and compliance requirements.
Looking ahead to the next quarter, the official stated that it will continue to iterate and improve various aspects of MMI, and plans to make major announcements in the second quarter.
Rocket Pool Completes Atlas Upgrade, Allows 8 ETH for Node Staking
Odaily News The Ethereum liquidity staking protocol Rocket Pool has completed the Atlas upgrade, allowing 8 ETHs to be used for node staking if the Rocket Pool requirements are met.
Distributed LSD Protocol Obol Network Mainnet Alpha Phase Has Been Launched
Odaily News According to official news, the distributed LSD protocol Obol Network announced that the main network Alpha phase has been launched. It will deploy DV (distributed validator) on the main network together with the community for the first time, and will configure different validator clusters for testing. Prepare for the arrival of the V1 version.
Non-custodial liquidity staking platform ether.fi to go live on mainnet in first week of May
Odaily News The non-custodial liquid staking platform ether.fi announced that it will launch the main network in the week of May 1, and demonstrated the process of running a full node. ether.fi allows users to maintain control of their keys while delegating Ethereum validator operations to node operators.
It is reported that ether.fi will be launched in three phases:
The first stage: In April, the main network and ETH entrusted pledge will be launched after the upgrade in Shanghai.
The second stage: In Q2 or Q3 of 2023, the eETH liquidity pool will go online.
The third stage: In Q4 of 2023 or Q1 of 2024, the permissionless node market will be launched.
Helium has successfully migrated to Solana, minting nearly 1 million NFTs in the process
Odaily News The decentralized wireless network Helium has successfully completed the migration from its own Layer 1 blockchain platform to Solana. As part of the migration process, NFTs will be minted to represent each physical hotspot node running on the Helium network, resulting in over 991,000 Solana NFTs being minted. Hotspot owners will claim their respective NFTs when logging into the wallet tied to that hotspot, and owners can still transfer or update the hotspot location.
“Helium developers take a snapshot of the existing blockchain and load the necessary transactions into the new blockchain. These contracts are permissionless and on-chain,” said Noah Prince, Head of Protocol Engineering at the Helium Foundation. "
This is by far the most prominent test case of Solana’s new state compression feature, which allows creators to mint potentially large numbers of NFTs at a relatively low cost compared to other platforms, and even cheaper than Solana’s standard NFT minting process.
secondary title
CeFi
CME Plans to Launch Bitcoin and Ethereum Options Contracts with New Expirations
Odaily News CME Group announced plans to expand its cryptocurrency options contract products in standard and micro bitcoin and ethereum contracts starting May 22, pending regulatory review.
Among them, the new expiration dates for Bitcoin and Ethereum futures options will provide expiration dates on Monday, Tuesday, Wednesday, Thursday, and Friday. Micro Bitcoin and Ethereum futures options will add Tuesday and Thursday expirations to existing Monday, Wednesday and Friday contracts. All of these new products will complement existing monthly and quarterly expiration products for all Bitcoin and Ethereum futures contracts. (PRNewswire)
Tribe Capital may be interested in restarting FTX, has received $100 million in support
Odaily News Tribe Capital agency stated that in January 2023, the company’s co-founder Arjun Seti met with FTX’s committee of unsecured creditors to discuss a proposal to revive the exchange. Tribe is considering raising $250 million as part of that plan, and the company has already secured $100 million in backing from its parent company and its investors. In addition, FTX’s creditor committee stated that it is evaluating all options to restart or sell the exchange and create value for creditors. It is reported that Tribe Capital was established in 2018 and is one of FTX's investors. (Bloomberg)
Odaily News According to Binance’s blog post, product leader Mayur Kamat outlined the Binance product roadmap on March 22. Kamat said Binance’s recent releases include user feedback tools, Binance Build (posted on Twitter through this hashtag) daily improvements), zk-SNARKs Proof of Reserves (launched in February), more usage scenarios for Binance Pay, and tax filing tool Binance Tax (launched in France and globally in the coming months).
In addition, the products that Binance will release in the future include: 1. Profit and loss analysis tool: allows users to track their investment portfolio. 2. Improve biometric-based products to make multi-factor authentication more convenient. 3. Interactive pages and games: While ensuring that the deposit page process is seamless, users will be able to save addresses by scanning QR codes instead of copying and pasting; more features will be introduced to attract new users, and users will be able to pass recommendations , activities and games to earn cryptocurrency.
OPNX CEO: Claims transaction service will be launched in May
Odaily News Leslie Lamb, CEO of Open Exchange (OPNX), an encrypted claims and trading platform founded by Zhu Su, founder of Three Arrows Capital and others, said that claims trading services will be launched in May. Previously, OPNX had supported cryptocurrency spot and derivatives trading services when it was officially launched in early April.
Leslie Lamb also stated that “multiple institutions denied investing in OPNX” and said that its institutional supporters either invested in OPNX directly or negotiated equity through the CoinFLEX restructuring, as evidenced by public court documents.
secondary title
DeFi
Odaily News According to the official Twitter, the Uniswap Foundation stated that it will send 4,378,188 ARBs allocated by Arbitrum to the multi-signature address (starting with 9 0x F 4 E 08) owned by the Uniswap Foundation on Arbitrum. Start a community discussion on how to deploy these funds.
Odaily news MakerDAO approved the "MIP 81" proposal, intending to use Coinbase Custody (RWA 014) as a new real world asset (RWA) treasury type, and transfer up to $500 million from PSM to Coinbase's "USDC Institutional Rewards" program USDC.
According to reports, Coinbase’s custody division will pay a 2.6% annual rate of return on deposits, and USDC rewards are calculated on a monthly basis. Coinbase does not charge any fees to participate in the rewards program or to host USDC.
The proposal prohibits Coinbase Custody from rehypothecating assets in accounts, including lending, reinvesting, or otherwise using them. Coinbase must keep tokens in a cold wallet, and Maker will be able to withdraw funds from the treasury within 24 hours. The funds in the cold wallet will receive a $320 million commercial crime insurance line and a $500 million Specie Insurance line.
The ARFC proposal of the Aave community on the "Aave V1 delisting plan" has been voted through
The Odaily News Snapshot voting page shows that the Aave community's ARFC proposal on the "Aave V1 delisting plan" was voted through with a support rate of 99.98%. The proposal proposes to implement a new rate strategy for all assets listed on the platform to delist Aave V1, users are encouraged to migrate their assets to Aave V2 or Aave V3. In the next step, the proposal is submitted as an AIP for on-chain governance approval.
Yearn Community Launches a Vote to Launch yETH
Odaily News According to the Snapshot page, the revenue aggregation protocol Yearn community launched a vote on "YIP-72: Launch yETH". Specifies the function during normal operation. The proposal will close at 21:20 on April 26.
Yearn ETH (yETH) is generated when users deposit a basket of various ETH liquid collateral tokens (LSD). yETH can reclaim the value deposited, and obtain Ethereum PoS staking rewards through the diversification of LSD when staking, and obtain a more mixed risk/return. yETH will deal with decentralized and hedged ETH positions to reduce the impact of protocol failures, market pricing inefficiencies lead to trading opportunities against the value of the protocol's underlying support for ETH, collateralized ETH in standard liquidity pools is not ideal, new LSD and Challenges such as competition for protocols with significant market share.
SushiSwap has integrated Transak to support the purchase of cryptocurrencies with fiat currency
Odaily News SushiSwap has integrated Transak's fiat currency purchase cryptocurrency entrance, users can directly purchase more than 130 cryptocurrencies on SushiSwap through Transak.
According to official news from Odaily, Synthetix announced that it will open the Synthetix Perps Optimism transaction incentive plan at 00:00 UTC on April 19th according to the SIP-2003 proposal. According to the plan, after a three-week promotion period, the weekly Synthetix Perps transaction rewards can reach 200,000 OP. Specifically, 50,000 OPs will be provided in the first week, 100,000 OPs will be provided in the second to third weeks, and 200,000 OPs will be provided in the fourth to twentieth weeks.
Users will be awarded a Trader Score based on the total transaction fees they paid, including the SNX multiplier for staking, and finally will receive a share of the total weekly rewards proportional to their Trader Score.
Tornado Cash developer Alexey Pertsev has been released
According to Odaily news from Yearn Finance core developer @bantg, Tornado Cash developer Alexey Pertsev has been released.
Odaily News The encrypted lending agreement Maple Finance issued a document announcing the launch of the Cash Management Pool (Cash Management Pool). The Cash Management Pool is an on-chain cash management solution that enables on-chain participants to invest in U.S. Treasury securities to meet clients’ liquidity, risk and accounting requirements, Maple said.
United States Treasury securities are short-term bonds issued by the U.S. Treasury Department with a term of no more than one year.
Distributed Stablecoin Project HOPE Lands on Ethereum Mainnet
Odaily News The distributed stable currency project HOPE announced the launch of a multi-protocol application for all users. Users can now go to app.hope.money to experience protocols and functions such as HopeSwap, $HOPE staking, and DAO governance.
Users can exchange encrypted assets such as $HOPE and $LT in HopeSwap, and can also provide liquidity to obtain commission sharing, and obtain $LT rewards through liquidity mining. $HOPE holders can also obtain $LT rewards by staking a single currency without worrying about impermanent losses.
$LT holders can lock $LT to acquire veLT. veLT holders can earn $LT reward bonuses and governance voting rights. $LT rewards will start releasing after 08:00 (UTC+8) on April 20th.
Artificial intelligence Web3 protocol Fetch.ai will launch AI trading tools for DEX
Odaily News Fetch.ai, an artificial intelligence Web3 protocol, will launch an AI trading tool for DEX, which can execute transactions based on user-defined parameters, and is expected to be launched later in the second quarter. (Coindesk)
NFT
NFT lending protocol ParaSpace to introduce platform fees starting May 1
Odaily News NFT lending agreement ParaSpace announced that it will introduce platform fees starting May 1. Among them, a 3% fee will be charged for APE staking. This fee will be charged when the Claim reward is compounded, and it is mainly used to pay the Gas cost for auto-compounding user APE rewards. If profits are generated from APE staking fees, ParaSpace will return 50% of the profits back to the Yuga ecosystem by supporting community builders, sponsoring community-driven events, giveaways, etc. For borrowing, a platform fee of 10% will be charged on all borrowing interest. A new 10% platform fee (protocol revenue) will be used to pay for smart contract security maintenance, new hires, operations and marketing.
Yuga Labs Takes Ownership of CryptoPunks Wrapper
Odaily News The NFT project CryptoPunks announced on social media that as part of the Punks Restoration Project (Punks Restoration Project), Yuga Labs has now acquired the ownership of the CryptoPunks Wrapper. @Robi_air and the Ark Gallery DAO team have also completed the relevant handover work. The CryptoPunks Wrapper The official homepage has also been migrated, where users can find information and resources related to CryptoPunks NFTs.
NFT project Moonbirds will launch reward token TALONS
Odaily News The FT project Moonbirds will launch the reward token TALONS, and NFT holders can accumulate the token through "nesting" every day.
Holders will be able to use the tokens to bid for licensed spots in upcoming exclusive releases, access to exclusive merchandise, IRL events, and collaborative experiences. The beta release will be open to Moonbirds holders and will only be used within the internal proof ecosystem.
NFT project Memeland may launch MEME tokens
Odaily News NFT project Memeland tweeted, "You are buying meme coins. We are building THE Meme Coin (@memecoin)".
It is reported that MEME is a token that supports creators and will be used in multiple SocialFi products built by Memeland. Memeland has previously publicly stated that it will launch the token in 2023.
Cool Cats Founder Announces Leaving Cool Cats Project
Odaily News Cool Cats founder Lynqoid announced on social media that he has left the project. He will no longer work for Cool Cats, but will continue to stay on the board of directors and pay attention to the Cool Cats project, while providing advice and help as much as possible.
Pudgy Penguins launches brand guidelines to standardize its visual identity
Odaily News NFT project Pudgy Penguins (Fat Penguin) has launched a brand guideline, which aims to unify the brand UI. Guidelines include brand assets, usage guidelines, standardized brand identity, and more. This product guide can help creators incorporate the image of the fat penguin into their own works, or display the image of the fat penguin to the outside world.
Limit Break CEO: Free Bitcoin NFTs will be distributed to DigiDaigaku Genesis holders
Odaily news The CEO of Limit Break tweeted that its next plan includes open source programmable royalty contract V1.1, upgrading the main service of FreeNFT, and distributing free Bitcoin NFT DigiDaigaku Chibi to holders of DigiDaigaku Genesis.
Starbucks to Launch 'First Store Collection' NFT Collection on Polygon Chain
Odaily News Starbucks announced that it will launch the NFT series "First Store Collection" on the Polygon chain at 9 am Pacific Daylight Time on April 19. The number of NFTs is 5,000, and the unit price is $100. Users who already own two Starbucks NFT stamps can get early access on Wednesday.
It is reported that this series of NFTs was inspired by Starbucks’ first store in Seattle’s Pike Place Market. Users can get 1500 points for purchasing NFT and redeem rewards in their Web3 platform Starbucks Odyssey.
In addition, Starbucks Odyssey will also launch a series of benefits for Beta users on April 24.
Trump will release a new series of NFTs, each priced at $99
social contact
social contact
Bluesky Launches App Password, a Short-Term Authentication Solution
Odaily News According to official news, Bluesky, a decentralized social project funded by Twitter founder Jack Dorsey, released App Password, a short-term authentication solution that allows users to try out new clients without fully trusting their passwords. In the long term, Bluesky plans to implement SSO (single sign-on) with scoped permissions.
According to Bluesky, its core development team is currently focused on completing the AT protocol, and as stated in the March update, the priorities for the coming months are domain names as usernames and account transferability, composable moderation and reputation systems, algorithm selection and custom feeds.
Odaily News The Ethereum domain name service ENS has launched the new ENS App on the main network and supports NameWrapper (subdomain wrapper). The new ENS App is still in the Alpha stage.
NameWrapper enhances functionality by wrapping existing ENS domain names into ERC-1155 tokens, including better control over the authority of wrapped domain names and giving subdomains more authority.
Odaily News Web3 domain name and identity platform SPACE ID announced the establishment of a community-driven platform SPACE ID DAO. SPACE ID DAO is managed by ID token holders and controls the funds held in the DAO Treasury.
Along with the establishment of the DAO Treasury, SPACE ID also announced the implementation details of the revenue distribution of the SPACE ID platform, including the repurchase and destruction mechanism, which will include all registered earnings accumulated since the TGE date and will be implemented on a quarterly basis.
game
game
Axie Infinity Homeland Alpha Season 2 Event Live
Odaily News According to Axie Infinity's announcement, the Homeland Alpha Season 2 event has been launched and will last for 30 days, and all construction progress of this season will be kept until the end of the Alpha version.
New features this season include the Axie admin panel and smart gear system.
This season, users can still get AXS rewards by ranking in the adventure mode and land development leaderboard.
According to official news from Odaily, the blockchain game platform Gala Games will launch a v2 upgrade on May 15, with new features including enhanced burning mechanism, enhanced security and future upgradeability.
security incident
security incident
Odaily News The multi-chain lending protocol FilDA released a vulnerability exploit statement saying that it was attacked on the Elastos Smart Chain (ESC) and REI network earlier today, causing a loss of about $700,000. No other FilDA deployments were affected. Vulnerabilities identified and attack vectors isolated. The ESC and Rei FilDA platforms have been suspended and will only resume after a thorough review of the current situation. We will cooperate with CEX, security companies and other parties to analyze on-chain activities to help track and monitor these addresses. Law enforcement will be asked to pursue this case, and affected users are encouraged to also contact local law enforcement so they can learn about the theft.
