Gayan M.
Sydney, New South Wales, Australia
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About
14 years of software product engineering experience
7 years in Rust
6 years in…
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The Block
In a stark reminder of the vulnerabilities plaguing the decentralised finance (DeFi) ecosystem, blockchain infrastructure protocol Nexera has fallen victim to a significant exploit, resulting in the theft of approximately $1.8 million of digital assets. Find out more: https://lnkd.in/eFPxUmms #TheBlock #decentralisedfinance #DeFi #blockchain #infrastructure #digitalassets #heist #technews
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Chainstack 🛠️💙
Unlock real-time Uniswap monitoring with web3js and Chainstack Global Elastic Nodes. Track ETH -> Token swaps on V2 by subscribing to new blocks with WSS endpoints for efficient insights using this recipe 💙🛠️ #BUIDL #Ethereum #DApps on Chainstack ⤵️ https://bit.ly/3Au9IWv
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NBTC SAS
Starknet Welcomes Updated DAI Version with StarkGate Launch ➡️ Read All : https://lnkd.in/eZH_PVtq StarkGate has officially launched an updated version of the DAI token on Starknet. This move introduces a new era of DAI usage on the Starknet... [...] #StarkGate #DAIUpdate #Starknet #DigitalCurrency #CryptoSecurity #Crypto #Altcoins #NBTC
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COINBUZZFEED
“Uniswap Labs Launches $15.5 Million Bug Bounty Program for v4.” #cryptonews - Uniswap Labs has introduced a bug bounty program worth $15.5 million for its v4 platform, to encourage responsible disclosure of vulnerabilities. All reports should be submitted directly to the <a href="" class="btn btn-link">Continue Reading</a> https://lnkd.in/dmmyp6-K
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3Commas.io
Crypto exchange APIs: What you should know Every reputable cryptocurrency exchange offers an API connection. For the uninitiated, an API allows users to communicate with the exchange programmatically, rather than through the web interface. It's like sending DOS commands rather than clicking on stuff in Windows, if you're old enough to still know how to use DOS command line. All those clicks and dropdown menus you would interact with in order to set up a trade manually can be accomplished extremely fast via API commands. This is how 3Commas and other third party services interact with exchanges. Other than speed, there are several other advantages. Websites, via webhosting services, can easily break. 3Commas bots send commands directly to the exchange server, bypassing the limitations of the website. If the server is up, we can send commands to it. For traders running lots of bots and complex strategies, milliseconds matter and the API connection allows them to send a lot of commands with minimal latency. Let us know in the comments if you'd like to see a full blog article devoted to how you can leverage APIs, including the 3Commas API, to make your trading time more productive.
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CrypFin News
#News Alert What is Hedera Hashgraph? HBAR crypto explained - https://lnkd.in/gscrgjFQ is Hedera Hashgraph? HBAR crypto explainedThe Internet is a big world; every country represents a digital ledger. Most of these ledgers are blockchains but most have ‘slow economies’. Here is where the global leader Hedera Hashgraph comes into the picture. It is a distributed ledger technology that replaces the old blockchain system, making the ‘economy’ fast, fair, and secure. Table […] The Internet is a big world; every country represents a digital ledger. Most of these ledgers are blockchains but most have ‘slow economies’. Here is where the global leader Hedera Hashgraph comes into the picture. It is a distributed ledger technology that replaces the old blockchain system, making the ‘economy’ fast, fair, and secure. Table of Contents What is HBAR? How does Hedera Hashgraph work? How to use Hedera Hashgraph and HBAR? Key features and benefits of Hedera Hashgraph and HBAR How to buy, store, and use HBAR Challenges and criticisms Future of HBAR and Hedera Hashgraph In this article, we will discuss what is hedera hashgraph, how it works, its key features, the challenges it faces, and the future of Hedera (HBAR). Read more: HBAR hits seven-month high after 47% rally as whales accumulate What is HBAR? The Hedera (HBAR) token is the native token of the Hedera ecosystem. The entire network’s transactions are fueled by HBAR, which guarantees their speed and security. In simpler words, you can consider Hedera’s HBAR as the rocket fuel, allowing users to pay for network services like file storage, smart contracts, and token production. Through staking, HBAR contributes significantly to preserving the integrity of the network in addition to serving as a transactional tool for users to take advantage of the key features offered by Hedera’s infrastructure. At the time of writing, the HBAR token is trading at around $0.313 and has experienced around 800% price surge in the past 2 months. Hedera Hashgraph weekly chart
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BTCRead
🚀Hong Kong's HashKey Group has launched HashKey Chain, an Ethereum Layer 2 solution, now part of the Superchain network. With over 24.9M testnet transactions and 860k wallets, the blockchain offers 400 TPS and supports efficient dApp development. #Ethereum #HashKeyChain #Layer2 #BlockchainInnovation https://lnkd.in/d-dgyYpx
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Rhodium Verse
Exciting news for the blockchain community! Cardano and Zilliqa have joined forces in a groundbreaking partnership aimed at enhancing interoperability within the Web3 ecosystem. This collaboration seeks to create seamless connectivity between various blockchain platforms, enriching user experiences and expanding opportunities for decentralized applications. The core objective of this alliance is to develop robust cross-chain communication protocols. By combining their unique strengths, Cardano and Zilliqa aim to build a cohesive environment for both developers and users. Key goals of this partnership include creating interoperability solutions, sharing knowledge and resources, and actively engaging their communities in shaping future advancements. Interoperability is crucial for the evolution of the Web3 landscape. As the number of blockchain protocols proliferates, enabling effective cross-chain functionality is vital for scalability. This initiative promises myriad benefits: improved user experience with effortless interactions across platforms, expanded development opportunities that leverage multiple blockchains' strengths, and enhanced security through shared features. For developers, this collaboration presents an exciting opportunity. They can look forward to new tools designed to streamline project launches, participate in joint hackathons aimed at building cross-chain applications, and access a richer ecosystem that taps into user bases from both Cardano and Zilliqa. The partnership not only strengthens the two blockchain networks but also promises to catalyze innovation across the broader Web3 community. As we witness the unfolding of this collaboration, it will be fascinating to see the advancements in interoperability and innovation it brings to the blockchain sector. Read the Full Article here - https://lnkd.in/gTgC5nbg
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Tranglo
Weekly #Fintech news updates 1. Ripple to introduce XRP ledger-powered payments in Japan The global leader in blockchain solutions has announced a partnership with Tokyo-based specialised consulting company, HashKey DX, to introduce #XRP Ledger in Japan. SBI Group is set to be the first to use the solution. 2. APAC region is the biggest real-time payments market Global real-time payments recorded 42.2% YoY growth in 2023, with the #APAC region being the biggest real-time payments market and the Middle East the fastest growing, according to a new report released by ACI Worldwide. 3. Alipay+ expands payment use case yet again 14 overseas e-wallet users can now make cashless payments in Hong Kong by scanning the Alipay+ QR code. Follow us and hit the like button so that we can keep these latest insights coming! #weeklynews #updates #payments #crossborderpayments #Tranglo #remittance #ODL #Ripple
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CrypFin News
#News Alert Haven Protocol Token (XHV) crashes after mint exploit - https://lnkd.in/gEMzinJz Protocol Token (XHV) crashes after mint exploitHaven Protocol suffered a mint exploit, with over 500 million XHV tokens minted illicitly, The hack has sent the price of the XHV token down by over 60%. Hacker(s) exploited a vulnerability in the range proof validation code, introduced during the Haven 3.2 rebase to Monero. Haven Protocol, a blockchain project known for its mint-and-burn […] Haven Protocol suffered a mint exploit, with over 500 million XHV tokens minted illicitly, The hack has sent the price of the XHV token down by over 60%. Hacker(s) exploited a vulnerability in the range proof validation code, introduced during the Haven 3.2 rebase to Monero. Haven Protocol, a blockchain project known for its mint-and-burn mechanism, has suffered a mint exploit, leading to a dramatic plunge in its token price. The exploit allowed a hacker to mint a vast number of XHV tokens, driving the supply to unmanageable levels. Following the hack, the price of the Haven token (XHV) nosedived by over 60%, falling from $0.0003594 to $0.0001341. What happened to the Haven Protocol? The Haven Protocol team disclosed the exploit via their social media account, revealing that over 500 million XHV tokens were illicitly created. ⚠️ Haven Mint Exploit ⚠️ Unfortunately we've been hit by an exploit. This was identified when querying the amount of XHV on exchanges. The number reported to us is in excess of 500 million XHV.$XHV🧵👇🏼 — Haven Protocol (@HavenXHV) December 10, 2024 This discrepancy was detected during an exchange supply query, contrasting sharply with the audited supply of 263 million tokens. Developers attributed the breach to a vulnerability in the “range proof validation” code, introduced during the Haven 3.2 rebase to Monero. This flaw enabled the creation of XHV tokens without detection, as the minting occurred after auditing processes. Notably, the surplus tokens were not accounted for in the audited supply figures, exposing a critical gap in the protocol’s security measures. The exploit has significantly impacted the market standing of XHV, a project that once saw its token peak at $28.99 in April 2021. The incident has compounded its decline, with the current price reflecting the erosion of trust in the protocol. In response, Haven Protocol urged its community to avoid purchasing XHV on exchanges, citing ongoing efforts to assess the situation. The team acknowledged the gravity of the breach, expressing regret and promising further updates as discussions within their Haven Operations Committee (HOC) progress. CrypFin News
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Somnia: The Dream Computer for a Fully Onchain World
How does Somnia’s L1 architecture differ from other blockchains? Somnia’s architecture is built for speed and efficiency. It uses Multistream Consensus to finalize blocks in under a second, advanced compression to handle large amounts of data quickly, and ICEdb to process transactions almost instantly. This makes it faster and more scalable than traditional blockchains.
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FunDeSci (NFT-Fundraising for DeSci)
𝐑𝐞𝐬𝐮𝐥𝐭𝐬 𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐝: Three Types of Zero-Knowledge Proofs (ZKPs): Generic ZKP, zk-SNARKs, and zk-STARKs in L3 blockchain systems Zero-Knowledge Proofs (ZKPs) are cryptographic tools enabling one party to prove a statement's truth without revealing additional information. Within blockchain systems and distributed Layer 3 (L3) bridges, ZKPs address challenges of scalability, privacy, and interoperability. This report outlines the definitions, goals, security properties, protocols, and usage of three ZKP types: Generic ZKP, zk-SNARKs, and zk-STARKs, emphasizing their roles in L3 blockchain systems. 🎯💡 This work is part of our project on FunDeSci: "A Comprehensive Review Paper on Layer 3 (L3) Blockchain Technologies and Solutions". 🔗 Check out the project here: https://lnkd.in/dCXuNBSx 🔗 Check out the details: https://lnkd.in/diCrmUSS Submit your scientific proposals on FunDeSci, secure funding from the community, and share your valuable results with the world to drive meaningful impact on society. #FunDeSci #Crowdfunding #NFT #Fundraising #grant #blockchainforscience #Zero-Knowledge-Proofs #ZK-proof #zk-SNARKs #zk-STARKs
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NBTC SAS
EOS Network Achieves 1-Second Finality Through Spring 1.0 Update ➡️ Read All : https://lnkd.in/ewxjzFyn The EOS Network has successfully launched its Spring 1.0 update, which will introduce the project’s Savanna consensus algorithm and reduce the blockchain’s transaction finality time... [...] #EOSNetwork #BlockchainUpgrade #SavannaAlgorithm #DecentralizedApplications #EOSInnovation #Crypto #Altcoins #NBTC
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CyberDebunk
🚨 Malicious PyPI Package Alert: "aiocpa" Steals Crypto Keys via Telegram 🚨 The Python Package Index (PyPI) has once again been used as a vector for malicious activity. The package "aiocpa", purportedly offering asynchronous accounting functionality, was discovered to exfiltrate sensitive cryptocurrency keys by sending them to a Telegram bot. 🔍 What Happened? - Payload: Upon installation, the package executes malicious code that searches for crypto-related wallet credentials stored on the system. - Exfiltration: Stolen data is transmitted to an attacker-controlled Telegram bot using hardcoded API keys. - Target: Developers using Python libraries for crypto-related projects are particularly at risk. 🛡️ CyberDebunk’s Proactive Recommendations: - Verify Package Authenticity: Check the reputation and number of downloads of a PyPI package before installation. - Enable Dependency Scanning: Use tools like PyUp or Snyk to detect vulnerabilities and malicious packages. - Audit Installed Libraries: Regularly scan your environment with tools like pip-audit to identify suspicious packages. - Monitor for Data Leaks: Deploy endpoint detection tools to flag unusual outbound connections (like to Telegram). - Secure Your Crypto Keys: Never store them in plain text or predictable locations on your system. 💬 Our Take at CyberDebunk: This incident is a stark reminder that supply chain attacks are a growing threat. Staying ahead requires vigilance, automated tools, and awareness. Want to learn more about securing your development environment? Connect with us today for a free security consultation! #CyberSecurity #SupplyChainAttack #Python #CryptoSecurity #CyberDebunk
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Genesis IT Lab
🏗️ Layer 2 vs. Layer 3: What’s the #Difference? 🤔 #Blockchain architecture is evolving fast. Here’s a quick breakdown of Layer 2 and Layer 3 solutions: 🔑 #Layer2 (#Scaling Layer): Focus: Speed and scalability. Examples: Rollups, Sidechains (Polygon, Arbitrum). Use Case: Reducing congestion and fees on Layer 1. 🔑 #Layer3 (#Application Layer): Focus: Customization and specialization. Examples: Gaming networks, decentralized identity. Use Case: Enhancing specific app performance while integrating with Layer 2. Together, these layers form a robust modular blockchain ecosystem, balancing security, scalability, and functionality. #layer2 #layer3 #scaling #application #difference
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Tagus Capital
Tagus Bytes 10/06 EigenLayer, a restaking protocol, has achieved a milestone by surpassing $20bn in Total Value Locked (TVL), positioning it as the second-largest DeFi protocol after Lido. EigenLayer plays a vital role in liquid restaking protocols, where validators deploy Ethereum stakes to enhance the security of third-party networks. The protocol's TVL has surged from $1.3bn at the start of the year to $20bn, driven by increased inflows and Ethereum's price appreciation. Despite prior criticism over token distribution, EigenLayer has addressed concerns by ensuring a more equitable token distribution within its ecosystem, fostering continued growth and community support. Follow us on X! https://lnkd.in/dRQ7CSwi EigenLayer Daily Total Value Locked Tops $20bn:
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SaitaChain
🚀 SaitaChain Ecosystem Update 🚀 💳 𝗦𝗮𝗶𝘁𝗮𝗖𝗮𝗿𝗱 SaitaChain Cards are on the verge of going live. Our manufacturer has confirmed they are close to product delivery, and the cards will be launched with both on- and off-ramp platforms, allowing seamless fiat-to-crypto and crypto-to-fiat transactions. Everything will be rolled out in phases to prioritize security, thorough testing, and smooth implementation. 🪪 𝗦𝗮𝗶𝘁𝗮𝗜𝗗 Our pilot project is currently undergoing integration, with efforts being focused on aligning it with the SaitaPro platform as well. While this process requires time to ensure thorough implementation, we are confident that the end result will be well worth the wait. 🔒𝗩𝗮𝗹𝗶𝗱𝗮𝘁𝗼𝗿𝘀 & 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 In terms of blockchain governance, we are preparing to launch validators and governance mechanisms on a phased basis, though they have already been thoroughly tested and are fully operational. These features will ensure robust decentralized decision-making and security across the Saitachain ecosystem. 📑 𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻 𝗗𝗼𝗰𝘂𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 We are also committed to transparency and will be releasing comprehensive documentation covering the full technical specifications and features of Saitachain, allowing developers and users to explore the chain in detail. 📢 𝗠𝗮𝗿𝗸𝗲𝘁𝗶𝗻𝗴 Regarding marketing, a dedicated team of experts is working on the best strategies for promoting the ecosystem. Full marketing efforts will be rolled out once we are confident that all essential products are live and functioning. Stay tuned for more updates as we continue to expand and enhance the Saitachain ecosystem. 💪🏼⚡️ #SaitaChain #SaitaChainCommunity #SaitaPro #SaitaCard #Crypto #Blockchain #SBC
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Zo Labs
Continue of Part [02/02]: 3. Reducing Transaction Costs and Latency on Blockchain Networks: Blockchain consensus mechanisms (like Proof-of-Work or Proof-of-Stake) can be costly and slow. By using CRDTs, federated agents can apply updates locally and propagate them asynchronously. CRDTs enable the agents to achieve "eventual consistency" without the heavy reliance on consensus protocols for every small update. For example, in a multi-agent system where tokens are exchanged frequently, CRDTs like counters or sets can aggregate and merge updates without needing the immediate synchronization that on-chain consensus requires. Practical Example: Building Federated On-chain Multi-agents Using CRDTs: Let’s assume you’re building a multi-agent system where agents autonomously manage digital assets across various blockchains. These agents have to interact with each other in a trustless environment. • State Synchronization: Each agent keeps a local copy of the system's state (e.g., token balances, ownership rights, etc.). When an agent modifies the state. • Conflict Resolution: Another agent simultaneously transfers assets, modifying its local state. • Interoperability: If the system spans multiple blockchains, each operating independently, CRDTs allow these systems to remain consistent. #ZoApp #AISuperapp
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