[ad_1] Key Takeaways Axelar Network has raised $35 million from its Series B funding round. Axelar is a decentralized protocol aiming to bridge blockchain ecosystems. The Axelar team recently rolled out its phased mainnet in
[ad_1] Key Takeaways Polygon has patched a “high severity” bug that would have allowed an attacker to drain all the funds from the deposit manager contract. Niv Yehezkel, who discovered and reported the bug, was
[ad_1] Key Takeaways Sushi has launched the first phase of its Trident automated market maker on Polygon. Users can now create liquidity pools through Trident and migrate liquidity from SushiSwap V1 positions. More features will
[ad_1] Key Takeaways Aave V3 launched today. The update focuses on letting users move assets between networks while improving capital efficiency and security. It will initially launch on Polygon, Fantom, Avalanche, Arbitrum, Optimism, and Harmony.
[ad_1] Key Takeaways Ethereum has burned 2 million ETH via EIP-1559. The blockchain’s next protocol update is “the Merge” from Proof-of-Work to Proof-of-Stake. With the effects of EIP-1559 and reduced emissions from switching to Proof-of-Stake,
[ad_1] Key Takeaways The Solana stablecoin protocol cashio suffered an “infinite mint glitch” exploit. A hacker drained millions of dollars from the protocol and its CASH stablecoin collapsed. Crypto Briefing has found several pieces of
[ad_1] Key Takeaways Polygon has announced a new developer framework called Supernets. Supernets will help bootstrap enterprises looking to build applications on both private and public blockchain networks. The Polygon team has also announced a
[ad_1] Key Takeaways Infura suffered an outage today. The issue caused major disruption across the Ethereum ecosystem. Users can either run their own Ethereum node or switch nodes via MetaMask as a solution. Share this
[ad_1] Key Takeaways Polkadot has launched XCM, a “Cross-Consensus Messaging” format allowing communication between the network’s various parachains. With XCM’s integration, Polkadot is finally delivering on its promise of becoming a fully interoperable multi-chain ecosystem.
[ad_1] Key Takeaways Terra validators have halted the blockchain in response to the ongoing LUNA and UST crisis. Due to UST losing its peg to the dollar, LUNA has entered a death spiral. It broke
