Author: Michael Johnson

Today, we are excited to announce the start of the Fusaka audit contest, co-sponsored by Gnosis and Lido, hosted on Sherlock, and running for four weeks from September 15th. The goal is simple: maximize scrutiny of the Fusaka upgrade and surface vulnerabilities before they can impact the network. To raise the stakes, valid findings reported in the first week have a 2x multiplier applied to their points rewarded, and those in the second week have a 1.5x multiplier. To help security researchers, we’ve prepared a Fusaka auditor guide. We’re grateful to Gnosis for contributing 100,000 USD and Lido for contributing…

Linea price has plunged over 90% after a chaotic airdrop rollout. Community backlash grew after Binance users claimed tokens first. Ecosystem shows Linea has hit a $2.5B TVL despite tokenomics and governance concerns. Linea’s much-hyped token launch has turned chaotic, with the LINEA price collapsing more than 90% within hours of its debut despite high-profile listings on Binance, Bybit, and OKX. The token, part of ConsenSys’ zkEVM Layer 2 network, surged briefly on September 9 from $0.030 to as high as $0.046 after its exchange listings. However, heavy profit-taking and a chaotic token airdrop process triggered a wave of selling…

Ethereum ETFs lost $505M in just four days amid profit-taking and economic uncertainty. Bitcoin ETFs gained $284M, signaling a shift toward perceived safer crypto assets. Analysts warn volatility may continue, but long-term fundamentals for Ethereum remain strong. Ethereum ETFs took a sharp hit, losing $505 million in just four days. The pullback follows a strong Q3 rally, where inflows and prices were hitting new highs, but investors suddenly hit the brakes. Rising economic uncertainty and profit-taking appear to be behind the sudden flight. Bitcoin ETFs, by contrast, drew in $284 million over the same stretch, showing investors are still hungry…