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News Aggregator

News Aggregator

5 months ago
Degen Chain Accuses Service Provider of Withholding Rollup Keys Beincrypto 08 Nov 2024

Degen Chain Accuses Service Provider of Withholding Rollup Keys

Degen Chain accuses service provider Conduit of withholding rollup keys, hindering migration and operations. The incident underscores the importance of self-custody in blockchain.

‘Not your keys, not your blockchain’: DEGEN L3 can’t switch ‘rollup-as-a-service’ providers from firm holding its keys The Block 07 Nov 2024

‘Not your keys, not your blockchain’: DEGEN L3 can’t switch ‘rollup-as-a-service’ providers from firm holding its keys

DEGEN L3 is unable to switch its 'rollup-as-a-service' provider due to Conduit holding the necessary multi-signature keys, which Conduit denies.

Protocol Village: Conduit Launches New G2 Sequencer, Claiming 10x Improvement Over Existing Versions  Coindesk 21 Oct 2024

Protocol Village: Conduit Launches New G2 Sequencer, Claiming 10x Improvement Over Existing Versions

Conduit introduces the G2 Sequencer, offering a 10x performance boost compared to previous models.

7 months ago
Optimism Suffers 21% Loss – Will On-Chain Activity Regain Investor Trust? Newsbtc 12 Aug 2024

Optimism Suffers 21% Loss – Will On-Chain Activity Regain Investor Trust?

Optimism suffers a 21% loss, raising concerns among investors. Despite bearish market conditions, on-chain activity and gradual decentralization offer hope for recovery.

9 months ago
Understanding AEVO Coin: Features, History, and Price Predictions Coinotag 02 Jul 2024

Understanding AEVO Coin: Features, History, and Price Predictions

Aevo Coin operates as a decentralized exchange on Ethereum's Layer-2, using rollup technology for efficient transaction processing.

Friend.tech Transition to Friendchain Boosts FRIEND Token by 17% Coinotag 09 Jun 2024

Friend.tech Transition to Friendchain Boosts FRIEND Token by 17%

Friend.tech has announced a transition from Coinbase’s Base Layer 2 blockchain to its proprietary Friendchain, boosting the FRIEND token by 17%. This marks a significant partnership with Conduit, following earlier hints of discontent with the Base network by co-founder Racer.

FriendTech Collaborates with Conduit Bitcoinhaber 09 Jun 2024

FriendTech Collaborates with Conduit

FriendTech collaborates with Conduit, resulting in a renewed interest in popular altcoins from last year as investors shift focus to AI and other emerging sectors.

Friend.tech To Exit Coinbase L2 Base, Announces Migration To New Blockchain Newsbtc 09 Jun 2024

Friend.tech To Exit Coinbase L2 Base, Announces Migration To New Blockchain

Friend.tech is shifting from Coinbase’s Layer 2 Base network to its own blockchain, Friendchain, with Conduit’s support. The new blockchain will use the FRIEND token as a gas token. This migration process may take months and has led to a 17% spike in FRIEND’s value.

FriendTech Partners with Conduit for Blockchain Network Cointurk 09 Jun 2024

FriendTech Partners with Conduit for Blockchain Network

FriendTech partners with Conduit for its blockchain network. The platform's token increased by 15% after the announcement.

 Friend.tech's plan to develop own blockchain leaves users confused Cointelegraph 09 Jun 2024

Friend.tech's plan to develop own blockchain leaves users confused

Friend.tech anuncia asociación con Conduit para desarrollar su propia cadena de bloques, Friendchain, lo que ha dejado a los usuarios confundidos.

10 months ago
FRIEND Token Surges 15% Following Major Partnership Announcement by Friend.tech Coinotag 08 Jun 2024

FRIEND Token Surges 15% Following Major Partnership Announcement by Friend.tech

Friend.tech's FRIEND Token surged 15% after announcing a partnership with Conduit to develop their native blockchain, addressing community concerns about the project's future direction.

Friend Tech and Conduit Collaborate to Launch Friendchain Using FRIEND Token for Web3 Social Networking Coinotag 08 Jun 2024

Friend Tech and Conduit Collaborate to Launch Friendchain Using FRIEND Token for Web3 Social Networking

Friend.tech and Conduit partner to develop Friendchain, a blockchain using FRIEND token for Web3 social networking. The aim is to enhance autonomy and efficiency, though a go-live date is not specified.

 Hack of a single multisig wallet could drain 12 Ethereum L2s of $121M Cointelegraph 22 May 2024

Hack of a single multisig wallet could drain 12 Ethereum L2s of $121M

Conduit founder Andrew Huang reveals one wallet with upgrade permissions for 12 Ethereum L2 scaling networks requires trio of signatures, preventing unauthorized transactions without physical attacks.