Normal Updates
Poly Community quickly suspended its cross-chain companies in response to an exploit focusing on the Poly Community cross-chain administration contract on Aug. 12, affecting Flamingo Finance options. The Flamingo workforce 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 Sensible Financial system Japan. The Aug. 25 occasion will have fun the launch of Neo X. 5 guests can 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 mission on Aug. 19. The DEX is aimed toward providing customers the power to offer liquidity to swimming pools, swap tokens between swimming pools, and make the most of high-yield farming alternatives. Its NeoNauts NFT mission is a set of 5,000 customized, in-house designed space-themed cat NFTs which can be deliberate to additionally supply DEX utility to holders.
COZ launched Neon Pockets 3, the most recent 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 help for Neo X. Current 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 can in the end help the mixing of PBTC, the world’s first non-rebasing BTC token, onto Neo X.
NeoDashboard launched a video on how you can mint a Neo X NFT on GhostMarket, and one other on how you can record an NFT on GhostMarket.
OwlX added Neo X to its AI info discovery platform’s record of supported blockchain networks. The AI-powered media aggregator permits customers to trace and discover Web3 tasks 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 supply single-click deposits and withdrawals, real-time loan-to-value well being monitoring, and multi-asset help.
Frank Coin hosted a group quiz on the workforce’s official Telegram channel, the place the highest three members every received 80 FLM, and people ranked 4 – 13 every received 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 through 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 help for Neo X to 1ClickNode and GrantShares.
NNT Catch Up
NNT launched Episode 70 of The Sensible Financial system Podcast with Laurent Benayoun, CEO of Acheron Buying and selling, a monetary companies firm that builds liquid markets for digital belongings. Subjects of debate embody the rise of crypto-backed ETFs and their impression in the marketplace, the shift from buying and selling pairs towards Bitcoin to stablecoins like USDT and USDC, the significance of staying forward of evolving blockchain applied sciences and liquidity fashions, rising developments in DeFi, the unsure way forward for crypto laws and their potential implications, and way more.
NNT editors co-hosted Crypto Espresso and Blockchain Beer Areas #30 on the official The Sensible Financial system Podcast X account. Subjects 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 celebration, and exploring the Cardano ecosystem on the two-day occasion.
Occasions
Aug. 22: NNT editors internet hosting CC & BB #31 on The Sensible Financial system Podcast official X account.
Aug. 25: Neo internet hosting Neo Rise Tokyo celebration forward of WebX.
Aug. 27: Meme2Earn Neighborhood Hearth 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.
