September 25, 2024 at 11:30 AM GST updated: September 25, 2024 at 11:09 AM 2 mins read News Banana Gun will refund 11 users impacted by a $3 million hack, drawing funds from the company treasury without selling tokens.  The hack exploited a vulnerability in the Telegram message oracle, allowing hackers to drain victims’ wallets…
According to Adrian Brink, co-founder of Anoma and Namada, rollups offer little new functionality beyond the Ethereum Virtual Machine (EVM). He argues they are essentially execution-sharding solutions presented as true scaling solutions. Brink instead touts Plasma as the “only true scaling solution out there” because it enables constant data posting to the main chain “regardless…
On Aug. 15, 2024, the white paper for BitVM2 was published, outlining significant advancements in Bitcoin’s layer two (L2) capabilities. Building on the foundation laid by BitVM version 1, BitVM2 aims to bridge Bitcoin to second layers with improved scalability and security. New BitVM2 White Paper Introduces Advanced Solutions for Bitcoin L2 Scaling The original…