#network

OpenAI has introduced a new neural network named Sora, capable of generating high-quality videos up to one minute long based on textual prompts. Initially, this technology will undergo testing by a select group of users, including researchers and artists, before being rolled out to the general public.

SushiSwap has unveiled Susa, its latest venture in the form of a derivatives exchange, marking its debut in the Layer N L2 network as the ever-first trading platform of the ecosystem.

The gaming-focused crypto project Immutable has launched its L2 network, Immutable zkEVM, on mainnet. This network functions independently from the existing StarkEx-based solution.

The Stellar Development Foundation has supported the decision to delay the network's update to add smart contracts due to a software bug. Initially, foundation representatives minimized the severity of this bug but revised their position in response to critiques from the developer community.

Leading telecommunications company Telefónica announced a partnership with the Solana-based decentralized wireless network Helium Mobile to launch hotspots in Mexico.

Concentric, a liquidity management protocol on the Arbitrum network, has suffered an exploit. A social engineering attack on a team member enabled a hacker to access the wallet utilized for smart contract deployments.

The U.S. Financial Crimes Enforcement Network (FinCEN) has released a report that unveils statistics on the use of various cryptocurrencies in crimes related to human trafficking and the sexual exploitation of children between 2020 and 2021. Throughout this period, the criminal funds identified amounted to $412 million.

Frax Finance, renowned for its liquid staking and stablecoin FRAX, has launched its L2 network, Fraxtal.

Dencun's update has been successfully initiated in the Holesky test network, setting the stage for its arrival on the Ethereum Mainnet. The announcement of the deployment date, potentially as early as March, is expected within a day.

Orbiter Finance, a cross-chain transfer bridge, has announced the launch of its L2 network, Orbiter Rollup, utilizing ZK-rollup technology.

The recent bug in the Nethermind client software, which resulted in 8% of Ethereum validators being knocked offline, has raised alarms about the network's susceptibility to such flaws. The crux of the problem lies in the fact that most validators rely on the same software.

Social network X recently introduced an account named XPayments, signaling the potential launch of payment services on the platform soon.