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Blast L2

Aave fork on Blast mistakenly liquidated $26m

by Isaac Wright
Aave fork on Blast mistakenly liquidated m

An Aave fork on Blast network liquidated user positions worth over $26 million due to an erroneous threshold change. Pac Finance, an iteration of decentralized finance (defi) lender Aave on …

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Munchables developer with ties to DPRK steals, then return $62.5m from protocol

by Isaac Wright
Munchables developer with ties to DPRK steals, then return .5m from protocol

A Munchables team member allegedly tied to North Korea stole over $60 million in crypto from the project, but then suddenly returned all the stolen funds after being revealed. On …

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Blast network layer 2 project falls prey to 500 ETH rug pull

by Isaac Wright
Blast network layer 2 project falls prey to 500 ETH rug pull

The Blast network’s layer 2 project, RiskOnBlast, has been hit with a significant exploit, commonly referred to as a “rug pull,” leading to the loss of around 500 Ether (ETH).  …

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Blast L2 seeks senior blockchain builders after pulling $600m in deposits

by Isaac Wright
Blast L2 seeks senior blockchain builders after pulling 0m in deposits

The Ethereum layer-2 network launched by Blur’s co-founder and backed by Paradigm announced openings for two important roles for its promised mainnet which doesn’t exist yet. Blast, an Ethereum-based L2 …

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Japanese firm CGV invests $5m in Blast network

by Isaac Wright
Japanese firm CGV invests m in Blast network

Japanese firm CGV invests $5 million in the newly launched Layer 2 solution Blast network. The Japanese cryptocurrency investment firm CGV announced it has invested $5 million in the Blast …

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Security exists on spectrum, nothing is fully secure

by Isaac Wright
Security exists on spectrum, nothing is fully secure

Paradigm-backed network Blast addressed skepticism surrounding its blockchain model following a swift rise to over $300 million in market cap and promises of a token airdrop. Blast Bridge, an L2 …

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