Blockchain Simplified:Week 37,2024
Stay ahead in all things blockchain security with Weekly Web3 News, Security, Developer, DeFi, DAO, and NFT Updates
Big News 🚨
A Colorado federal judge has dismissed a class-action lawsuit against Atomic Wallet, an Estonian-based crypto firm, due to lack of jurisdiction. The lawsuit stemmed from a June 2023 hack that compromised $100 million from 5,500 wallets, with users seeking compensation for their losses. Despite the dismissal, Atomic Wallet still faces ongoing legal challenges as affected users explore alternative avenues to recover their stolen funds.
Latest Crypto News 🔗
Osmosis has launched "Polaris," a cross-chain token portal designed to streamline decentralized finance by addressing the fragmented user experience. This expansion moves Osmosis beyond its Cosmos roots, enhancing cross-chain interoperability.
In Ethereum's All Core Developers Consensus Call #141, developers discussed updates to the Pectra devnet, including bug fixes and the upcoming launch of devnet-3. They also explored improvements in data handling between execution and consensus layers, as well as optimisations for PeerDAS proof generation and resource management.
Binance is facing regulatory scrutiny in the U.S. over allegations of facilitating money laundering activities, prompting discussions about stricter regulations in the crypto space.
Events 🎯
ETH Sofia (October 17-19, 2024, Sofia, Bulgaria)
This event focuses on Ethereum and EVM-centric technologies, including DeFi, AI integration, and decentralized infrastructure. It combines conferences and hackathons, providing a collaborative space for developers, entrepreneurs, and enthusiasts to innovate and share ideas.
Africa Blockchain Week (October 31 - November 1, 2024, Johannesburg, South Africa): This conference aims to promote blockchain adoption across Africa, featuring discussions on the impact of blockchain on various sectors, including finance, governance, and supply chain management.
Learning Resources 🎲
Ethernaut - How to abuse tx.origin & msg.sender
Write up eko - CTF
Hardfork - Meta
The bytes behind the blocks
Acentrik - Decentralised data marketplace
The new age crypto world