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Degen Chain Outage: Network Restored, L3 Debate Reignited


Degen Chain, a prominent Ethereum layer-3 blockchain, experienced a two-day outage due to a configuration error, which affected its network and native DEGEN token. Explore the details of the disruption and its implications for layer-3 networks. The post Degen Chain Outage: Network Restored,...

Chirp Network Joins peaq to Build Unified DePIN Connectivity


Chirp Network’s integration with peaq aims to simplify data exchange for IoT devices and provide global connectivity, enhancing decentralized physical infrastructure networks through telecommunications solutions. The post Chirp Network Joins peaq to Build Unified DePIN Connectivity appeared first...

Helium Network’s HNT token surges 16.7% amid governance voting


This week was marked by strong tech earnings and mixed economic signals. We saw a major move in the crypto marketplace, with the Helium network native token—HNT—surging 16.7%. This upward movement followed an announcement from the Helium Foundation about voting results and plans for re-voting on...

Hedgey Finance Suffers Dual Exploits, Losing $44.7 Million in Funds


Hedgey Finance exploits have rocked the DeFi platform, resulting in a $44.7 million loss. Hackers targeted the Token Claim Contract across Ethereum and Arbitrum networks, utilizing flash loans to drain funds. Explore the aftermath, ongoing investigations, and the platform's response to these...

First AI-Generated Romance Film Looks Like Crap


TV maker TCL announced its first original short film—Next Stop Paris—and excitedly confirmed that it was made using AI-generation tools. They didn’t need to tell us that, however, because the shitty, awful trailer makes it very clear that most of the imagery in the film is the hallucination of...

Soroban is positioned live on Stellar network’s mainnet


Soroban, a smart contracts platform on Stellar, has been positioned live on the Stellar network’s mainnet, making it possible to build, position, and interact with Stellar-oriented decentralized applications. This was divulged by the Stellar Development Foundation (SDF), a non-profit organization...

Upgrade of Ethereum Will Lower Costs for Layer 2 Networks


The upgrade of the Ethereum network will take place on the 13th of March and will help lower costs for the Layer 2 networks. Chains like Arbitrum, Polygon, and Coinbase Global attribute the connection to Ethereum. A transaction that would have cost $1 will now be 1C. Developers have named...

Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability


Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur...

Optimism Foundation Executes $89 Million OP Private Token Transaction


The Optimism Foundation recently sold approximately 19.5 million OP tokens, valued at nearly $90 million, to an unnamed buyer, with these tokens being sourced from the unallocated segment of their OP Token treasury initially set aside as working capital. This sale is part of the foundation’s...

Red Vs Blue Creator Rooster Teeth Shut Down By WB Discovery


Rooster Teeth, a Warner Bros. Discovery Global Streaming & Interactive Entertainment subsidiary, is ending operations after 20+ years. The news was announced on March 6 in a company memo and blog post on the digital content creator’s site. Read more

Akash Network’s AKT rises 10% as Coinbase adds it to its roadmap


Coinbase has announced that it is adding Akash Network to its roadmap. That signals the potential listing of AKT on the platform, enabling customers to trade the token in the market. It caused a surge of nearly 10% in the valuation. While AKT has retraced to a lower value, the community is ready...

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