LI.FI Introduces LI.FI 2.0

An upgrade that integrates an intents protocol and supports interop token standards.

Abstract, a consumer-oriented rollup built on ZKsync's ZK Stack, released a post-mortem regarding a breach involving a private key leak at Cardex, a gaming app featured on the Abstract Portal, resulting in over $400k in user funds being compromised. The issue stemmed from Cardex exposing the private key on their website front end. Using a single session signer shared across all users, an attacker managed to siphon ETH from approximately 9,000 wallets. Notably, ERC-20s and NFTs remained unaffected due to their exclusion from the session keys' permissions. Abstract is advising all users to revoke any open session keys via a dedicated portal and is currently working with security teams on fund recovery efforts.

Applications are now open for the Optimism Onchain Builders retroactive funding round. The round features 8 million OP tokens in retroactive grants to builders who have launched contracts on specified OP Stack chains. The initiative seeks to reward projects that enhance cross-chain asset transfers through interop and grow the Superchain. To qualify, smart contracts must have engaged with at least 420 qualified addresses, maintained active contract operations for a minimum of 10 days, and at least 1,000 transactions over the past 180 days. Rewards will be awarded on a monthly basis from now until July 2025.

• Beam Call #1 progress

• Family supports World Chain

• Aave hits $30b TVL across Ethereum & L2s.

• Devcon SEA Scholars recap

• Coinbase releases cbBTC proof of reserves

• Holesky validators must update clients

• EigenLayer Rewards v2 are live

• Grayscale introduces Pyth Trust

Follow us on X, Lens, and Farcaster. See disclosures.

Abstract, a consumer-oriented rollup built on ZKsync's ZK Stack, released a post-mortem regarding a breach involving a private key leak at Cardex, a gaming app featured on the Abstract Portal, resulting in over $400k in user funds being compromised. The issue stemmed from Cardex exposing the private key on their website front end. Using a single session signer shared across all users, an attacker managed to siphon ETH from approximately 9,000 wallets. Notably, ERC-20s and NFTs remained unaffected due to their exclusion from the session keys' permissions. Abstract is advising all users to revoke any open session keys via a dedicated portal and is currently working with security teams on fund recovery efforts.

Applications are now open for the Optimism Onchain Builders retroactive funding round. The round features 8 million OP tokens in retroactive grants to builders who have launched contracts on specified OP Stack chains. The initiative seeks to reward projects that enhance cross-chain asset transfers through interop and grow the Superchain. To qualify, smart contracts must have engaged with at least 420 qualified addresses, maintained active contract operations for a minimum of 10 days, and at least 1,000 transactions over the past 180 days. Rewards will be awarded on a monthly basis from now until July 2025.

• Beam Call #1 progress

• Family supports World Chain

• Aave hits $30b TVL across Ethereum & L2s.

• Devcon SEA Scholars recap

• Coinbase releases cbBTC proof of reserves

• Holesky validators must update clients

• EigenLayer Rewards v2 are live

• Grayscale introduces Pyth Trust

Follow us on X, Lens, and Farcaster. See disclosures.

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