After the rough week, the NFT platform is set to relaunch, focusing on enhanced security and user compensation. The hack has reignited the debate about vulnerabilities and centralization in blockchain networks, but also effectively pushed Munchables to the top of the news.
Blast’s native yield opportunities for depositors and StarkWare’s release of an open-source Zero-Knowledge Prover are driving innovations in Ethereum’s Layer 2 efficiency and cost reduction.
After the rough week, the NFT platform is set to relaunch, focusing on enhanced security and user compensation. The hack has reignited the debate about vulnerabilities and centralization in blockchain networks, but also effectively pushed Munchables to the top of the news.
Blast’s native yield opportunities for depositors and StarkWare’s release of an open-source Zero-Knowledge Prover are driving innovations in Ethereum’s Layer 2 efficiency and cost reduction.
With substantial losses incurred due to a recent SIM swap attack and rug-pull, the importance of adopting secure practices and conducting thorough due diligence is as relevant as ever.
Despite Blast’s impressive TVL increase, concerns arise over its aggressive marketing and the centralization of fund control. These worries are magnified by the lack of essential Layer 2 functionalities, raising questions about the platform’s technical maturity and future prospects.
Blast has quickly attracted over $320 million in deposits, promising high APYs and an upcoming token airdrop. Its unique approach positions it as a notable new player in the Layer 2 field.
