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In an effort to democratize the process of investing in cryptocurrency projects, Crypto Launchpad & Accelerator Raiser has announced the launch of a new fundraising model known as a Fair Community Offering (FCO). By meritocratically rewarding committed, involved community members and early supporters during a project’s pre-exchange listing stage, the novel
The Web3 security space saw a dramatic shift in 2023, exhibiting both advances in resilience and enduring difficulties. Cyberattacks against the Web3 sector resulted in over $1.7 billion in damages in 2023; 453 incidents were documented. The variety of dangers shown by these assaults highlights the critical necessity for the
Over the last 30 days, zkSync—Ethereum’s Layer 2 scalability solution—processed 34.7 million transactions, surpassing the Ethereum mainnet in terms of volume. L2Beat statistics shows that over the same time period, 34.2 million transactions were registered on Ethereum’s mainnet. Arbitrum followed with 31.4 million transactions in the last 30 days. On
A significant platform vulnerability was discovered at Telcoin, a developer of mobile-focused financial applications. Peckshield, a blockchain security business, and the Telcoin Discord community forum both acknowledged that the attack caused users to have over $1.2 million stolen from their accounts. As a result of a glitch with the company’s
Although the rate of growth has slowed after the initial launch rush, Coinbase’s incubated initiative Base Network is still showing consistent progress. At the time of publishing, L2Beat statistics showed that Base’s Total Value Locked (TVL) was close to $734 million, up 4.63% from the previous week. From $592 million
Justin Sun, founder of Tron, provided an update that might increase liquidity on the Solana blockchain, which could be relevant given the 61% price surge in Solana (SOL) since December 1, 2023. Because of the recent spike in SOL Price, Solana’s market value briefly surpassed Binance Coin’s (BNB). Sun revealed
Worldcoin has reportedly disabled its offline orb verification feature for customers in France, India, and Brazil. The Orb, a silver sphere weighing five pounds that can scan an individual’s eyes to confirm their identity, was designed by Worldcoin to help with onboarding in areas where conventional forms of identification are
The premier blockchain and Web3 event in Europe, Paris Blockchain Week, has revealed that additional speakers have been added to the lineup for its fifth edition, which will be held April 8–12, 2024, at the Carrousel du Louvre in Paris, France. The first round of speakers includes Claire Calmejane, CIO
The BC8.AI platform has been successfully launched by io.net, a prominent pioneer in artificial intelligence. The platform has completed over 10,000 inferences and enabled over 50,000 on-chain transactions since its inception a few weeks ago, demonstrating both its strong functionality and high user engagement. The vast capabilities of io.net’s state-of-the-art
Leading blockchain for gaming Oasys has established partnerships with TOKI and Datachain in order to improve interoperability of web3 games developed on Oasys. This arrangement is the most recent in a string of prominent ones that Oasys has entered into as it develops its ecosystem and moves forward with its plan.
