Brady Dale

arbitrum down

Ethereum Layer-2 Chain Arbitrum Suffers Near Hour-Long Outage

Arbitrum experienced what its team is describing as an “outage” this morning, according to a Tweet posted by its main account at 10:43 AM New York time. The downtime happened to coincide with a similar loss of performance on the Solana blockchain.  Arbitrum is an optimistic roll-up chain built to support the Ethereum blockchain, developed …

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solana broken

Solana Blockchain Suffers Intermittent Stability

Solana, one of the biggest DeFi chains by value locked, suffered network outages Tuesday. The Solana team first alerted users to the issue on Twitter at 8:38 AM New York time, saying the network had been “experiencing intermittent instability” for the prior 45 minutes. Some nodes on the smart contracts chain went offline after the …

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lootkeys

The Founder of LOOT Wants to Throw Away the Keys to the Contract

The founder of Loot wants to throw out his most magical item: the smart contract keys that govern the nascent game. “I worry that the contract owner is and always will be the de facto authority (‘the church’) on Loot, and that this will ultimately harm the project,” its creator, Dom Hofmann, best known for …

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Terraform Labs Creates $150M Fund to Advance Inter-blockchain Communication

Blockchain communities may never get along on Crypto Twitter, but that doesn’t mean the blockchains themselves can’t. Striving towards a world where all blockchains can seamlessly communicate, Terraform Labs has put forward $150M worth of its LUNA tokens. They are calling the fund Project Dawn. Terraform Labs (TFL) is behind the Terra blockchain, which makes …

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Harmony Opens the Throttle on Layer 1 with $300M Fund for Myriad Projects

The Layer 1 blockchain Harmony unveiled a $300M ecosystem fund today to back startups working on applications and protocols. There are many large blockchains now, but to a certain degree each one is a bit of a walled garden, Stephen Tse, Harmony’s founder told The Defiant, via a spokesperson. “Harmony was purpose-built so that developers …

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