1. ConsenSys Establishes Swiss Non-Profit Linea Association to Accelerate zkEVM Decentralization link

ConsenSys announced the establishment of the Linea Association, a non-profit organization based in Switzerland, aimed at advancing the decentralization of its Layer-2 zero-knowledge Ethereum Virtual Machine (zkEVM) Rollup network, Linea. The association will focus on supporting Linea technology, expanding its market reach, and promoting the decentralization roadmap. Declan Fox, Linea’s Product Lead, stated that the association plans to launch the Linea token in the first quarter of 2025, enabling token holders to have governance rights over specific association activities.

2. Top 15 Blockchain Bridges with Highest Net Fund Flow: Base, Solana, Sui Lead the Rankings link

Over the past week, the top three public blockchains in terms of net capital inflow via cross-chain bridges were Base, Solana, and Sui, while the bottom three were Polygon, Ethereum, and Blast. According to further research by WuBlockchain, 96% of the outflow from Polygon is likely due to funds returning to the Ethereum mainnet after the prediction market hype subsided. Of the funds flowing into Base, 82% originated from Ethereum’s ETH, while Ethereum’s outflows primarily went to Arbitrum, Base, and Solana.

3. Starknet to Launch STRK Staking on Mainnet on November 26 link

Ethereum Layer 2 network Starknet announced that it will launch STRK token staking on the mainnet on November 26. The staking feature has undergone extensive testing on the Sepolia testnet and is about to enter the first phase of deployment. There are two ways to participate in staking: becoming a validator, which requires staking a minimum of 20,000 STRK and running a full node; or becoming a delegator, which only requires selecting a validator from an available list and holding STRK tokens. For both validators and delegators, unstaking requires a 21-day lock-up period.

4. Movement Co-Founder Rushi Manche: Movement Mainnet Imminent link

Movement co-founder Rushi Manche announced on Twitter that the Movement mainnet is imminent. According to Movement Labs Explorer data, the Movement Porto testnet has over 5.8 million accounts, with more than 94 million total transactions, and over 8,300 contracts deployed. Movement Labs completed a $38 million Series A funding round on April 25, led by Polychain Capital.

5. XION Begins Pre-Trading on Multiple Platforms link

XION is currently engaged in pre-market trading across several platforms, including Bybit, Bitget, Gate.io, Kucoin, Helix, and MEXC. XION is the first wallet-free Layer 1 blockchain, aiming to drive mainstream adoption through chain abstraction. The project is backed by prominent investment firms such as Multicoin, Animoca, and Circle.

6. Ethereum Layer 2 ZERO Network Officially Launched link

Zerion announced the official launch of its Layer 2 network, ZERO Network. This network allows Zerion Wallet users to enjoy a zero gas fee experience for transactions, minting, swapping, and cross-chain bridging. ZERO Network leverages account abstraction technology, combining smart accounts and relayer mechanisms to offer users free transaction services. Additionally, Zerion disclosed that it has received an undisclosed amount of funding from angel investors.

7. Ethereum Layer 2 Lisk Launches on Mainnet and Announces Airdrop Plan link

The Ethereum Layer 2 network Lisk has launched on the mainnet and announced an airdrop plan. The platform intends to distribute 15 million LSK tokens via the airdrop. The airdrop campaign will begin on November 21, with the first season lasting four months. One way for users to earn points is by completing tasks on the Lisk platform. The total points accumulated by users will determine the amount of LSK tokens they receive in the airdrop.

8. Binance to Initiate Usual (USUAL) Launchpool link

Binance will launch the Usual (USUAL) Launchpool program on November 15 at 08:00 UTC+8, allowing users to earn USUAL airdrops by staking BNB and FDUSD. Usual is a stablecoin protocol with a maximum token supply of 4 billion and an initial circulation of 494.6 million USUAL, accounting for 12.37% of the total supply. It previously completed two funding rounds, raising a total of $8.5 million. The initial launch is scheduled for November 19 at 18:00 UTC+8 on Binance Pre-Market, supporting the USUAL/USDT trading pair.

9. Giggle Academy Releases Alpha Version, Inviting AI Video Engineers for Open Experience link

CZ tweeted that Giggle Academy has launched its Alpha version, featuring initial courses, storybooks, and an AI-assisted storybook creation tool. Users can download the APK directly from the website to experience it without the need for an invitation. The platform also plans to host a storybook creation contest to expand its children’s educational content. Additionally, Giggle Academy is hiring AI video engineers to seek talent with expertise in generating long-consistency videos, in preparation for future innovations in educational content.

10. DEXX Conducting Thorough Investigation of Token Transfer Issues, Providing Regular Updates link

According to official reports, DEXX has recently received feedback from multiple users regarding token theft, and it has collaborated with several professional security audit teams to conduct an active investigation. The team confirmed that no rug pull has been detected and is working diligently to resolve the issue. Updates will be provided to users through in-app notifications, as well as via X (Twitter) and Telegram, to ensure timely communication of the latest developments. DEXX is a memecoin trading terminal application that offers various trading strategies and smart wallet tracking analysis.

OneKey has stated that DEXX may have uploaded users’ clipboard contents. Feedback suggests that the app repeatedly requests permission to upload clipboard data, and if users have copied private key or seed phrases on their phones, it may be necessary to transfer assets as soon as possible.

According to @hey_diglife, the total value of stolen tokens from DEXX currently stands at $16.79 million, with the most significant theft involving BAN, valued at $3.45 million. Other stolen assets include Banana (Banana for Scale), with $2.15 million stolen, and LUCE with $1.75 million stolen. No mass sell-off has been observed so far.

Blockchain security auditing firm CertiK has issued a statement confirming that it has received a large number of help requests from DEXX platform users, who reported that their account assets were wiped out. After investigation, it was confirmed that the security incident occurred on the Solana blockchain, which is not within CertiK’s audit coverage. CertiK stated that the primary cause of the incident was improper private key management on the DEXX platform, leading to the leakage of the official private keys.

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