DeltaPrime Blue exploited, this is the current status:
At 6:14 AM CET DeltaPrime Blue (Arbitrum) was attacked and drained for $5.98M. This was due to a compromised private key, the source of which is currently under investigation.
DeltaPrime Red (Avalanche) is not vulnerable to this attack, as the implementation here is covered solely by multisigs and cold wallets (as it should be).
The risk is contained, we're working on asset-retrieval and the insurance pool will cover any potential losses where possible / necessary. Additionally, we're looking into other ways to reduce user losses to a minimum.
We will keep you updated here as well as in our Discord as we move forward.
#AVAX is ready to break out of this massive Falling Wedge that has been forming for almost 1 year!
🎯 The possible medium-term targets:
$28, $33, $41,3, $54
Gladiators,
We’ve been heads down building behind the scenes the past few months preparing for this very moment - when everything aligns perfectly, from product to market sentiment. During this time, a lot of the competition has fallen off. With the true Gladiator spirit, we’re still here. Growing stronger than ever.
The time has finally come. $ARENA will be launching October 1st, two weeks before Avalanche Summit.
Here’s what to expect before we go live:
1. V1 points airdrop will continue until Arena Uprising
2. Dynamic wallet migration for existing users
3. Final badge campaign
4. Arena Uprising
5. More announcements
It’s not a platform. It’s a movement. With this launch, the rest of our roadmap unlocks. Let’s build the future of The Arena united as one ⚔️
Lights, camera, ACTION 🎬 Avalanche is transforming independent film financing!
@PRESSMANFILM, the production company behind “Wall Street,” “American Psycho,” and “The Crow,” teamed up with @joinrepublic to raise funds for a development slate of six Pressman films, tokenized on Avalanche.
Here's more 👇
1/ 🛠️🛠️ #Avalanche Durango.11 is out: github.com/ava-labs/avala… 🛠️🛠️
This version (v1.11.11) is backwards compatible to v1.11.0. It is optional but recommended for all operators.
🔍 Focus: ACP-77 + ACP-103 + ACP-118 + Bootstrapping Improvements
Gladiators,
The long awaited $ARENA token info is now live in the app. Click on “$ARENA Tokenomics” in the drop down under your profile icon to read more.
We are in the final stages of testing the new and improved Dynamic wallet. First we will roll this out for new users and then quickly allow current users to migrate to their new wallet in a one-click process.
We are excited to enter this next phase united as one ⚔️
Grayscale Avalanche Trust is now open for private placement to eligible accredited investors. Gain exposure to Avalanche $AVAX, a three-chain smart contract platform aiming to solve the "#blockchain trilemma."
Learn more, review disclosures, or reach out: grayscale.com/crypto-product…