News with the tag "Blast Network"

Blast Network, an Ethereum layer-2 scaling solution, is experiencing significant setbacks, with major declines in both its total value locked (TVL) and daily active users, raising doubts about its long-term viability. Recently, Blast’s TVL has plummeted by an alarming 62% from its peak, following a ...

In a major move within the Blast Network, two addresses—likely controlled by the same whale—recently redeemed 6,197 ETH from the Blast cross-chain, transferring the entire sum, valued at $17.04 million, into Binance within the last hour. This whale, known for their significant contributions to the B...

Ethereum, historically dominant in the crypto space, faces a challenge as Blast network’s NFT collections outperform Ethereum’s in terms of volume. However, a significant portion of Blast’s volume may be attributed to wash trading, inflating metrics and misleading investors. Waning Interest in Ether...

An unknown entity has exploited a Telegram-based game that runs on the newly launched Ethereum (ETH) layer-2 scaling solution Blast Network. In a post on social media platform X, the team behind the game Super Sushi Samurai (SSS) says token transfers are paused after an attacker exploited a vulnerab...

An unknown entity has exploited a Telegram-based game that runs on the newly launched Ethereum (ETH) layer-2 scaling solution Blast Network. In a post on social media platform X, the team behind the game Super Sushi Samurai (SSS) says token transfers are paused after an attacker exploited a vulnerab...

On November 27, CGV, a Japanese crypto investment firm, announced a significant investment in the fast-rising Blast ecosystem. This $5 million investment is part of a collaborative effort to foster the growth and development of the Blast network, a Layer 2 solution leveraging Optimistic Rollup techn...

The Blast network, a recently announced Ethereum layer-2 scaling solution, has garnered significant attention and capital. The network’s Total Value Locked (TVL) surpassed $400 million within days of unveiling due to increased interest from investors and crypto enthusiasts. However, amid this rapid ...

The Blast team responded to claims that its multisignature upgrade functionality makes it too centralized.

The Blast team responded to claims that it’s multi-signature upgrade functionality makes it too centralized.

Blast, a brand new Ethereum Layer 2 network, has drawn a startling amount of interest and security concerns due to a surge of investors using the network to bridge their assets. Blast Hits $123 Million In TVL Blast recently announced its mainnet access on X (formerly Twitter). The L2 network built b...