blockchain | ForkLog

ForkLog 14 17.12.2024

Hackers Pilfer Additional $5.4 Million from LastPass Breach Victims

Over 40 users have lost approximately $5.4 million due to an attack linked to the 2022 breach of the password storage service LastPass. This was reported by on-chain detective ZachXBT. 20 December 2024 | 17:59Update: According to updated data from ZachXBT, the damage amounted to $12.38 million, affecting over 100 addresses. The stolen funds were […]

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ForkLog 10 13.12.2024

Avalanche Secures $250 Million Ahead of Network Upgrade

The Avalanche team has announced the successful raising of $250 million through a private token sale in anticipation of the Avalanche9000 upgrade. Avalanche announces a $250 million private locked-token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital, highlighting the growing confidence in Avalanche’s blockchain ecosystem ahead of the Avalanche9000 upgrade ?https://t.co/tWmn5u9LbG — Avalanche9000 ? […]

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ForkLog 20 12.12.2024

User Disables 69% of Dogecoin Nodes

On December 12, Andreas Kohl, co-founder of the Bitcoin sidechain Sequentia, reported that he managed to disable 69% of the Dogecoin network nodes by exploiting a previously discovered vulnerability. Oops I just did a thing and I think I might have just crashed more than half of all doge nodes… pic.twitter.com/04NcRtj5k1 — Andreas Kohl (@aejkohl) […]

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ForkLog 12 12.12.2024

Frax to Develop Blockchain Tech Stack for AI Agents

DeFi project Frax Finance has embarked on creating a technological stack for AI agents on the blockchain in collaboration with IQ, reports The Block. AIVM is being developed as a parallelized blockchain based on the L2 solution Fraxtal. The network employs a new consensus algorithm, Proof-of-Inference, which utilizes artificial intelligence and machine learning models to […]

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ForkLog 54 10.12.2024

Ethereum Researcher Max Resnick Moves to Solana

Ethereum developer Max Resnick has announced his departure from the ConsenSys team to join Anza, a company focused on Solana. Last week was my last week at Consensys. Today is my first day at @anza_xyz. I’m taking my talents to Solana. In my first 100 days, I plan on writing a spec for as much […]

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ForkLog 24 09.12.2024

Movement Network Launches Genesis Airdrop for MOVE Token

Movement Network, a layer-two network developed using Facebook’s Move programming language, has launched the MOVE token. A portion of the issuance will be distributed via an airdrop. $MOVE is now live! This is a big step forward for the Movement Network⚡ pic.twitter.com/dpS8adpO7L — Movement Network Foundation (@movementfdn) December 9, 2024 The maximum supply is set […]

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ForkLog 40 03.12.2024

Sonic Labs Launches Mainnet and Announces Airdrop

On December 2, developers of the L1 blockchain Sonic Labs announced the launch of the mainnet and the processing of the first transaction block. Genesis achieved. Block zero. Infrastructure deploying. Public soon. — Sonic Labs (prev. Fantom) ? (@0xSonicLabs) December 2, 2024 According to them, the system is already being deployed and will be available […]

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ForkLog 20 19.11.2024

Developers Launch Decentralization-Focused AI Project Morpheus

On November 18, Morpheus, a blockchain project emphasizing the decentralization of artificial intelligence, was launched. We are Live! The Morpheus-Lumerin Compute System is now on mainnet, with contracts deployed and subnets with consumers onboarding. A historic step toward decentralized AI compute! ?Guides: https://t.co/X5OsaMDn2R pic.twitter.com/ZSE3r0naAF — Morpheus (@MorpheusAIs) November 18, 2024 Similar to other startups like […]

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ForkLog 72 18.11.2024

Monad Launches Testnet for EVM-Compatible L1 Blockchain

The deployment of the test network for the EVM-compatible L1 platform Monad has commenced, according to The Block, citing an unnamed source. Cryptotrader Jordan Fish, known by the pseudonym Cobie, reported a successful “quick” transaction. During internal testing in March, the network demonstrated a throughput of 10,000 TPS. The project achieves higher transaction processing speeds […]

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ForkLog 25 23.10.2024

Vietnam Unveils National Blockchain Strategy

The Vietnamese government has adopted a National Strategy for the application and development of blockchain technology for the years 2025-2030, as reported by Vietnam.vn. Authorities noted that DLT is one of the leading technological trends of the Fourth Industrial Revolution. It significantly contributes to the creation of digital infrastructure and data security. Under the approved […]

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ForkLog 571 21.10.2024

RaaS, ready to roll: leading turnkey rollup platforms

The Web3 market hosts thousands of dapps running across hundreds of blockchains. GameFi and DeSoc users need fast, reliable and low-cost interactions, while developers want simple tools to build, tailor and scale such applications. This article examines Rollup-as-a-Service (RaaS) — platforms that offer customised rollups for specific tasks, looks at where they fit, and reviews […]

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ForkLog 20 30.09.2024

Expert Predicts Decline of Cypherpunk Values in Blockchain

The cypherpunk values that inspired the first smart contract platforms are likely to gradually disappear over the next decade, according to Jesse Walden, managing partner at Variant Fund. He believes institutional adoption is driving the optimization of protocols to speed up operations and meet regulatory requirements. Walden explained that the first decade of blockchain development […]

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