Web3
Latest news, analysis, and updates on Web3 from A47 News.
43 stories in Crypto · Updated live
Sui Network Faces Three Outages Post Upgrade Due to System Bugs
The Sui Network's mainnet experienced three outages within 48 hours following its v1.72 upgrade. These outages were triggered by bugs related to gas charging and validator restart logic, prompting the Sui Foundation to implement a major fix. In the long term, the network aims to enhance stability and user confidence to prevent future disruptions.
XRP Ledger Proposes Upgrade to Enhance DeFi Security Against Flash Loan Attacks
The XRP Ledger has introduced a proposal aimed at blocking flash loan attacks to improve the security of its decentralized finance applications. This initiative is driven by the need to address significant vulnerabilities that have led to substantial financial losses in the DeFi sector. Long-term, this focus on security could attract more developers and institutional investors, reshaping the landscape of decentralized finance.
Cardano Foundation cancels 2026 Summit due to failed funding proposal
The Cardano Foundation has canceled its 2026 Summit after a funding proposal failed to gain the necessary two-thirds approval from the community. This decision comes as the proposal sought 7.8 million ADA, approximately $1.84 million, but did not achieve the required support under the blockchain's governance system. The long-term implication may involve the Foundation reassessing its approach to community engagement and funding proposals to better align with stakeholder interests.
Hyperliquid launches validator-settled prediction markets for offchain events
Hyperliquid has introduced new validator-settled prediction markets for real-world offchain events as part of its HIP-4 upgrade. This strategic move is aimed at enhancing trading options and positioning Hyperliquid as a competitor to existing platforms like Polymarket. The long-term implication is that this could reshape trader engagement with macroeconomic events and expand Hyperliquid's user base in the cryptocurrency market.
Latest Stories
Sui Network Faces Three Outages Post Upgrade Due to System Bugs
The Sui Network's mainnet experienced three outages within 48 hours following its v1.72 upgrade. These outages were triggered by bugs related to gas charging and validator restart logic, prompting the Sui Foundation to implement a major fix. In the long term, the network aims to enhance stability and user confidence to prevent future disruptions.
XRP Ledger Proposes Upgrade to Enhance DeFi Security Against Flash Loan Attacks
The XRP Ledger has introduced a proposal aimed at blocking flash loan attacks to improve the security of its decentralized finance applications. This initiative is driven by the need to address significant vulnerabilities that have led to substantial financial losses in the DeFi sector. Long-term, this focus on security could attract more developers and institutional investors, reshaping the landscape of decentralized finance.
Cardano Foundation cancels 2026 Summit due to failed funding proposal
The Cardano Foundation has canceled its 2026 Summit after a funding proposal failed to gain the necessary two-thirds approval from the community. This decision comes as the proposal sought 7.8 million ADA, approximately $1.84 million, but did not achieve the required support under the blockchain's governance system. The long-term implication may involve the Foundation reassessing its approach to community engagement and funding proposals to better align with stakeholder interests.
Hyperliquid launches validator-settled prediction markets for offchain events
Hyperliquid has introduced new validator-settled prediction markets for real-world offchain events as part of its HIP-4 upgrade. This strategic move is aimed at enhancing trading options and positioning Hyperliquid as a competitor to existing platforms like Polymarket. The long-term implication is that this could reshape trader engagement with macroeconomic events and expand Hyperliquid's user base in the cryptocurrency market.