Decentralised storage network Filecoin announced the 14 March launch of the Filecoin Ethereum Virtual Machine (FEVM) mainnet. FEVM allows the creation of a ‘runtime environment’ on top of the Filecoin Virtual Machine (FVM), enabling developers to build and port existing Ethereum-compatible smart contracts onto the FVM.
Cosmos Hub successfully completed its Rho network upgrade on 15 February. The upgrade to Cosmos’s central chain is expected to improve the network’s testing infrastructure and introduce its ‘global fee’ software module, which enables the collection of transaction fees from users and their distribution globally.
zkSync recently opened registration for developers to deploy and test their dapps on its zk-rollup platform zkSync 2.0, which has been rebranded to ‘zkSync Era’. This is the final stage before Full Launch Alpha, and zkSync Era will be fully open source.
Decentralised wireless communication network Helium Network will entirely shift to the Solana blockchain by March 27, according to its developers. The migration will encompass all wallets, Hotspots, and Helium Network states. During the upgrade, it will go through a 24-hour transition period, after which a new Helium Wallet App will be available.
Two Avalanche-based DeFi protocols were hacked in one day. DEX aggregator Dexible suffered a US$2 million exploit via its selfSwap function, with BlockTower Capital as one of its reported victims. The vulnerability was discovered in its swap router contract, and stolen funds were laundered via Tornado Cash mixer. Meanwhile, DEX protocol Platypus also suffered an $8.5 million flash loan attack, causing its stablecoin USP to depeg from USD.
Research Roundup Newsletter [January 2023]: In our latest issue, we feature market insights and our research on artificial intelligence trends, the rise of AI-generated content, and their applications in blockchain and Web3.
Alpha Navigator: Quest for Alpha [January 2023]: Crypto outperforms other asset classes in January by a large margin. BTC options put-call ratio are at a yearly low, implying a positive sentiment shift.
AI-Generated Content and Applications in Web3: Artificial Intelligence-Generated Content (AIGC) has taken the world by storm recently, with popular applications like ChatGPT and DALL-E. We analyse its potential applications in Web3.
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Filecoin to launch the Filecoin EVM mainnet on 14 Mar. Cosmos Hub’s Rho upgrade was successfully completed. Matter Labs rebrands zkEVM to zkSync Era and opens its mainnet to developers.
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