blast

ChainCatcher news, Plasma founder and CEO Paul Faecks stated on social media that there have been some rumors since the launch of XPL, and he hopes to clarify the facts:No team member has ever sold XPL. All investors and team members' XPL is locked for 3 years, with a 1-year cliff unlock period.Among the approximately 50-person team, 3 members have previously worked at Blur or Blast, and team members also come from Google, Facebook, Square, Temasek, Goldman Sachs, and Nuvei. To refer to the Plasma team as "ex-Blast" is equivalent to saying "ex" from any of the aforementioned companies.Plasma has not hired Wintermute as a market maker and has never signed any service contract with them. The information regarding Wintermute holding XPL is consistent with what Plasma and the public are aware of.

ChainCatcher news, on-chain detective ZachXBT revealed that the Steam game BlockBlasters contains malicious code, resulting in approximately $150,000 in cryptocurrency losses. The game has been available for download on the Steam platform for over a month.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, a giant whale (0x7Ab...A3FE) that made over $12,000,000 in profit on Blast redeemed ETH deposited in StakeStone and AO Protocol a year ago in the early morning, and transferred 4,412 ETH (worth $20,240,000) to Binance.

ChainCatcher news, Blur and Blast co-founder Pac­man replied to a player who benefited from the Blast ecosystem on the X platform, saying, "Thank you very much for your praise, your ultimate victory is well-deserved. Looking forward to showing you the products we are going to launch next."The official Twitter of Ethereum L2 Blast recently posted a tweet showing that there has been no new posts since May 13, approximately 3 months ago.

ChainCatcher news, according to official sources, the Ethereum Layer2 network Blast has announced that it will not renew the service agreement with Safe. If users previously accessed multi-signature wallets through the Safe frontend, they now face new options: they can choose the hosted frontend provided by Brahma; or self-host the frontend to reduce supply chain risks.

ChainCatcher news, according to official information from Safe, Safe{Wallet} has now restored support for multiple mainnets and testnets. Supported mainnets include: Avalanche, Blast, Unichain, Sonic, XLayer, Aurora, Celo, Linea, Berachain. Supported testnets include: Sepolia, Base Sepolia, Gnosis Chidao.

ChainCatcher news, Blur founder Pacman posted on the X platform that the total locked value (TVL) of Blast Mobile has reached 30 million dollars. Many people are wondering where the returns come from and how they can be sustained. In fact, these incentives will not last forever. Instead, it is a time-limited mechanism designed to guide the network. Ultimately, the incentives will decrease, and the yields will fall back.Some people are concerned that these incentives will suddenly drop to zero, but it should be noted that the current spending on these incentives is actually less than that on the points and gold plans. Again, all of this is to guide the network. Once the network is established, incentives can be reduced or even eliminated. Blur operates in the same way, now maintaining market share with minimal ongoing incentive spending.

ChainCatcher news, Blur founder Pacman posted on the X platform stating that they have received questions and feedback regarding the release of the Blast mobile version. They are currently fixing user experience issues, with many fixes under review and expected to take effect in a day or two.

ChainCatcher news, according to official information, Blast's mobile platform will be launched later this month along with the tokenomics update.All Blast DApps should ensure that points and Gold (gold points) are distributed to users before these changes. Gold will not be distributed in January.All users should also ensure they log in to the Blast website using their wallets, and the team will soon share the official release date.

ChainCatcher message, Blast officials stated, "We are making final adjustments to the Blast mobile platform, tokenomics updates, and other important announcements. Everything will be launched next month, stay tuned."

ChainCatcher message, powered by Blast, the decentralized trading card game Fantasy announces the completion of a $4.25 million seed round financing, led by Dragonfly, with participation from Manifold Ventures. The new funds will be used to improve the Fantasy product.

ChainCatcher news, according to official sources, the community of the Ethereum Layer2 network Blast has released a proposal titled "Buy Back BLAST Tokens and Earn Profits." The proposal indicates that Blast has a narrative issue, and to address this, attention must be paid to the price; it suggests converting profits into BLAST tokens and using these profits through buybacks. Depositors will retain the full value of their earnings: they will not receive ETH or USDB, but will immediately receive liquid BLAST tokens.The proposal points out that currently, there are $1.2 billion in profit assets on Blast L2. The conservative annual yield is estimated at 3%, generating $36 million per year, which can be used to purchase BLAST on the open market, equivalent to a daily bid of about $100,000. At current prices, this bid would cause the price to fluctuate +4.8% daily.It is reported that this proposal will result in a $36 million annual buying pressure on $BLAST tokens, and it will also make user acquisition and engagement activities more effective, thereby recalling users/builders and initiating another growth flywheel, laying the foundation for the release of mobile applications.

ChainCatcher news, Blast's native DEX Thruster announces that the token THRUST is now live and the airdrop claim is open, which will last for 90 days. The THRUST airdrop accounts for 7% of the total supply, with 50% fully liquid and 50% staked in the form of veTHRUST for a minimum of 13 weeks.

ChainCatcher news, according to L2BEAT data, the current total locked value (TVL) of Ethereum Layer 2 has rebounded to $36.13 billion, with a 7-day increase of 2.87%. The top five locked values are:Arbitrum One ($13.94 billion, 7-day increase of 1.62%);Base ($6.59 billion, 7-day increase of 3.56%);OP Mainnet ($6.12 billion, 7-day increase of 4.38%);Blast ($1.55 billion, 7-day increase of 3.81%);Mantle ($1.25 billion, 7-day increase of 5.75%).

ChainCatcher message, Slow Mist Yu Xian posted on platform X stating that there are several key pieces of information to note regarding a phishing incident involving a user's WETH on Blast:The WETH on Blast is Blast's wrapped ETH token issued by Blast, the contract is upgradeable and supports permit offline authorization signatures;The WETH code on the Ethereum mainnet is also about 50 lines, very simple and reliable, for every WETH issued, there is an equivalent amount of ETH stored in the contract, without the flashy features like permit;The user was phished because Inferno Drainer supported the Blast WETH permit offline authorization signature, the phishing gang really studied the details, and details determine the profits.

ChainCatcher news reports that, according to NFT Gators, Blast's total value locked (TVL) has dropped 62% from its all-time high, and the number of daily active users has fallen to its lowest level in six months. As a Layer 2 scaling network for Ethereum, Blast has faced challenges following a massive user exodus after its airdrop in June. By early August, the network had lost over $300 million in liquidity, with TVL decreasing from $1.1 billion to $785 million, marking a six-month low.According to data from growthepie, on August 18, Blast's daily active users fell to 27,800, the lowest level since the scaling solution was launched at the end of February. In contrast, Base and Arbitrum have daily active wallets exceeding 740,000 and 360,000, respectively. Not only are airdrop participants dissatisfied with Blast's strategy, but some teams building projects on Blast are also feeling frustrated. For example, Pacmoon, once the largest meme coin on the Layer 2 network, is now migrating to Solana.Pacmoon's Lamboland stated on the X platform: "We believe that tokens, community, and culture are key to blockchain success. However, Blast has never focused on these. In fact, they created a system that suppresses the native tokens on Blast and has not provided any support."

ChainCatcher news, according to monitoring by Lookonchain, Huang Licheng seems to have stopped accumulating FRIEND and shifted his focus to purchasing BLAST.Since August 5, he has spent 1464 ETH (3.86 million USD) to buy 350 million BLAST.

ChainCatcher news, according to Ember monitoring, Huang Licheng's address has continued to buy BLAST since the market crash on 8/5: over the past 12 days, he has spent a total of 1379 ETH to purchase 330 million BLAST (worth 3.58 million USD), reclaiming the top position in BLAST.Currently, Ma Ji holds a total of 430 million BLAST (4.63 million USD), with an average cost of 0.014 USD.