1. ConsenSys establishes Swiss non-profit organization Linea Association to accelerate the decentralization of zkEVM network link
ConsenSys announced the establishment of the Linea Association, a non-profit organization based in Switzerland, to advance the decentralization of its Layer-2 zero-knowledge Ethereum virtual machine (zkEVM) Rollup network Linea. The association will focus on supporting Linea technology, expanding the market, and advancing the decentralized roadmap. Linea product lead Declan Fox said the association plans to launch the Linea token in the first quarter of 2025 to give token holders governance rights over specific activities of the association.
2. The top three net flows of cross-chain bridge funds of the top 15 public chains are Base\Solana\Sui link
In the past week, the top three net flows of funds in the top 15 public chain cross-chain bridges were Base\Solana\Sui, and the bottom three were Polygon\ETH\Blast. According to further research by researcher Wu, 96% of Polygon's outflows may be expected to return to the Ethereum mainnet after the market hotspots dissipate, 82% of Base's inflows came from Ethereum's ETH crossovers, and Ethereum's outflows mainly flowed to Arbitrum\Base\Solana.
3. Starknet: STRK staking will be launched on the mainnet on November 26 link
Ethereum Layer 2 network Starknet announced that it will launch the STRK token staking function on the mainnet on November 26. The function has been extensively tested on the Sepolia testnet and is about to enter the first phase of deployment. There are two ways to participate in staking: become a validator: you need to stake at least 20,000 STRK and run a full node; become a delegator: just choose a validator from the available list and hold STRK tokens. Whether you are a validator or a delegator, you need a 21-day lock-up period to unstake.
4. Movement Co-founder Rushi Manche: Movement Mainnet is coming soon link
Rushi Manche, co-founder of Movement, tweeted that the Movement mainnet is coming soon. According to Movement Labs Explorer data, the Movement Porto testnet has more than 5.8 million accounts, more than 94 million total transactions, and more than 8,300 contracts deployed. Movement Labs completed a $38 million Series A round led by Polychain Capital on April 25 this year.
5. XION opens pre-market trading on multiple platforms link
XION is currently traded pre-market on multiple platforms, including Bybit, Bitget, Gate.io, Kucoin, Helix, and MEXC. XION is the first wallet-less L1 blockchain that aims to achieve mainstream adoption through chain abstraction. The project is supported by well-known investment institutions such as Multicoin, Animoca, and Circle.
6. Ethereum Layer 2 Network ZERO Network is now available link
Zerion announced the official launch of its Layer 2 network ZERO Network. The network allows Zerion Wallet users to enjoy a zero gas fee experience when trading, minting, exchanging, and cross-chain bridging. ZERO Network provides users with free transaction services through account abstraction technology, combined with smart accounts and payer mechanisms. In addition, Zerion also announced that it has received an undisclosed amount of funding from angel investors.
7. Ethereum’s Layer 2 network Lisk has launched its mainnet and announced an airdrop plan link
Ethereum layer 2 network Lisk has launched on mainnet and announced its airdrop plan. The platform intends to distribute 15 million LSK tokens via airdrop. Lisk's airdrop campaign will begin on November 21st, and the first season will last for four months. One way for users to claim points is to complete tasks on the Lisk platform. Doing so earns them points, and the total points a user earns determines how many LSK tokens they will receive via the airdrop.
8. Binance will launch the Launchpool program for Usual (USUAL) link
Binance will launch the Launchpool program for Usual (USUAL) at 08:00 UTC+8 on November 15. Users can obtain USUAL airdrops by locking BNB and FDUSD. Usual is a stablecoin protocol with a maximum supply of 4 billion tokens and an initial circulation of 494.6 million USUAL, accounting for 12.37% of the total. It has previously completed two rounds of financing totaling US$8.5 million. The first launch is scheduled to start at 18:00 UTC+8 on November 19 on Binance Pre-Market, and will support USUAL/USDT trading pairs.
9. Giggle Academy launches Alpha version, open experience and recruits AI video engineers link
CZ tweeted that Giggle Academy has launched an Alpha version, which brings preliminary courses, storybooks, and AI-assisted storybook creation tools. Users can download the APK experience from the website without an invitation. The platform also plans to hold a storybook creation competition to increase children's educational content. In addition, Giggle Academy is recruiting AI video engineers, seeking talents with the technology to generate long and consistent videos to prepare for future educational content innovation.
10. DEXX announced that it will fully investigate the issue of user token transfers and continue to update progress link
According to official news, DEXX has recently noticed that many users have reported that their tokens have been transferred away. Currently, it has cooperated with several professional security audit teams and is actively analyzing and troubleshooting. The team confirmed that no rug pull phenomenon was found and is working hard to solve the problem. Subsequent progress will be notified to users through in-site push and X (Twitter) and Telegram to ensure timely synchronization of the latest situation. DEXX is a memecoin trading terminal application that provides a variety of trading strategies and smart wallet tracking analysis.
OneKey said that DEXX may have uploaded the user's clipboard content. It received feedback that the app has repeatedly requested permission to upload the user's clipboard content. If the user has copied the private key mnemonic on the phone, it may be necessary to transfer the assets as soon as possible.
According to @hey_diglife’s analysis, the total value of dexx tokens stolen is currently $16.79 million, of which BAN is the most seriously affected, with $3.45 million stolen; Banana (Banana for Scale) was stolen with $2.15 million; LUCE was stolen with $1.75 million, etc. There has been no concentrated sell-off so far.
Blockchain security audit company CertiK issued a statement saying that it has recently received a large number of requests for help from DEXX platform users, who reported that their account assets were cleared. After verification and confirmation, the security incident occurred on the Solana chain, but the chain is not within the scope of CertiK's audit coverage. CertiK said that the main reason for the incident was improper private key management on the DEXX platform, which led to the leakage of the official private key.
