#network

The recent bug in the Nethermind client software, which resulted in 8% of Ethereum validators being knocked offline, has raised alarms about the network's susceptibility to such flaws. The crux of the problem lies in the fact that most validators rely on the same software.

Social network X recently introduced an account named XPayments, signaling the potential launch of payment services on the platform soon.

Conflux Network has introduced a significant development in the cryptocurrency sector: a second-layer blockchain for Bitcoin, designed to be compatible with the Ethereum Virtual Machine (EVM).

Decentralized social network Friend․tech has moved almost half of its earned fees ($16.6 million) to Coinbase. This move is seen as a response to lackluster user engagement on the platform, which is a key revenue generator.

Leading telecommunications company Telefónica announced a partnership with the Solana-based decentralized wireless network Helium Mobile to launch hotspots in Mexico.

Concentric, a liquidity management protocol on the Arbitrum network, has suffered an exploit. A social engineering attack on a team member enabled a hacker to access the wallet utilized for smart contract deployments.

Public Goods Network (PGN), a second-layer blockchain initiative backed by Gitcoin, is set to cease operations. The project will progressively scale down over the next half-year, aiming for complete closure by June 2024. This decision comes in the wake of a thorough evaluation of the platform’s performance.

The Dencun upgrade (Cancun-Deneb) has successfully been deployed on the Ethereum Goerli test network, overcoming a minor hiccup. A glitch that caused a four-hour delay was swiftly rectified with a patch.

The Ninjalerts project has successfully inscribed a Super Nintendo Entertainment System (SNES) emulator into the Bitcoin network. This innovative move allows users to play games directly in their browsers using Ordinals explorers or marketplaces.

Blockchain-based game Rebase has declared a strategic alliance with the Avalanche. This collaboration will introduce the project's NFTs to the Avalanche L1 network.