Common Updates
Poly Community quickly suspended its cross-chain providers in response to an exploit focusing on the Poly Community cross-chain administration contract on Aug. 12, affecting Flamingo Finance options. The Flamingo crew is actively investigating the incident in collaboration with Neo International Growth and Poly Community to evaluate the complete scope of the assault. The hacker at present has roughly US $2.9 million in ETH, wETH, and wBTC, and $200,000 in BNB. Eight addresses belonging to the attacker have been frozen by the Neo Council, 4 of which seem like deposit addresses for centralized exchanges.
NGD will co-host the Neo Vibe Tokyo pre-party for the WebX convention in collaboration with CoinTelegraph Japan, OKCoin Japan, and Neo Good Financial system Japan. The Aug. 25 occasion will have a good time the launch of Neo X. 5 guests might be chosen randomly to obtain a WebX convention ticket, and the primary 50 guests will obtain a Neo hat.
Asteroneo has launched a non-custodial change on the Neo X EVM sidechain, and plans to launch an NFT challenge on Aug. 19. The DEX is geared toward providing customers the power to offer liquidity to swimming pools, swap tokens between swimming pools, and benefit from high-yield farming alternatives. Its NeoNauts NFT challenge is a set of 5,000 customized, in-house designed space-themed cat NFTs which might be deliberate to additionally provide DEX utility to holders.
COZ launched Neon Pockets 3, the newest model of its self-custodial pockets designed for desktop and cellular platforms. This new model presents a variety of enhancements and options that streamline the expertise for each new and current customers, and consists of assist for Neo X. Present Neon customers might want to observe a migration course of, whereas new customers can create accounts for Neo N3, Neo Legacy, Neo X, and Ethereum.
Neo introduced a collaboration with Photon Labs, which is able to in the end assist the mixing of PBTC, the world’s first non-rebasing BTC token, onto Neo X.
NeoDashboard launched a video on the way to mint a Neo X NFT on GhostMarket, and one other on the way to listing an NFT on GhostMarket.
OwlX added Neo X to its AI info discovery platform’s listing of supported blockchain networks. The AI-powered media aggregator permits customers to trace and discover Web3 initiatives constructed on Neo X and different ecosystems.
Carrot Swap introduced the upcoming launch of its non-custodial change on Neo X on Aug. 20.
Intersect Finance introduced plans to launch its borrow-and-lend protocol on Neo X TestNet in August. The platform will provide single-click deposits and withdrawals, real-time loan-to-value well being monitoring, and multi-asset assist.
Frank Coin hosted a neighborhood quiz on the crew’s official Telegram channel, the place the highest three individuals every gained 80 FLM, and people ranked 4 – 13 every gained 45 FLM tokens. Frank Coin additionally shared an X thread on migrating GAS from N3 to X and buying and selling for tokens.
Pixudi CEO and founder Alex Scoresby joined a CoreDAO stream entitled Unleashing the Energy of Core in Gaming to debate the NFT board racing recreation.
Developer Updates
Neo SPCC launched a brand new patch model of NeoFS REST Gateway, which delivered bug fixes and included a PUT handler optimization.
AxLabs shared insights by way of an organization replace on the Neo X EVM sidechain and its potential for interoperability with different ecosystems, the chain’s complementary qualities with Neo N3, the challenges constructing a brand new EVM chain, and including assist for Neo X to 1ClickNode and GrantShares.
NNT Catch Up
NNT launched Episode 70 of The Good Financial system Podcast with Laurent Benayoun, CEO of Acheron Buying and selling, a monetary providers firm that builds liquid markets for digital belongings. Matters of debate embody the rise of crypto-backed ETFs and their impression available on the market, the shift from buying and selling pairs in opposition to Bitcoin to stablecoins like USDT and USDC, the significance of staying forward of evolving blockchain applied sciences and liquidity fashions, rising traits in DeFi, the unsure way forward for crypto laws and their potential implications, and far more.
NNT editors co-hosted Crypto Espresso and Blockchain Beer Areas #30 on the official The Good Financial system Podcast X account. Matters of debate included the Poly Community hack and impression on NEO and GAS, new dApps on Neo X, an arbitrage alternative on Flamingo Finance, the Uncommon Evo VIP social gathering, and exploring the Cardano ecosystem on the two-day occasion.
Occasions
Aug. 22: NNT editors internet hosting CC & BB #31 on The Good Financial system Podcast official X account.
Aug. 25: Neo internet hosting Neo Rise Tokyo social gathering forward of WebX.
Aug. 27: Meme2Earn Neighborhood Fire on its official Discord server.
Aug. 27: Flamingo Finance Neighborhood Lagoon on its official Discord server.
Aug. 28 – 29: Neo is a Platinum Sponsor for WebX 2024 convention in Tokyo, Japan.
