Crypto M - Crypto News
2.08K subscribers
15.9K photos
194 links
Your #1 destination for the latest and most unbiased market news on Bitcoin, Ethereum, NFT, Fintech, Web3, DeFi, and Blockchain.
Download Telegram
🚀 ZetaChain Network Disruption Identified And Recovery Underway

According to PANews, ZetaChain's status page reported an update at 12:23 UTC+8, stating that the cause of the network disruption has been identified. The interruption was due to a new update rolled out to a small number of validators, which led to a consensus failure. The root cause of this consensus failure has been identified, and a more detailed update will be provided after the issue is reproduced on the development network. The primary focus is currently on restoring normal network operations. Managed validators have been rolled back to version 20.0.5 of the node software, and community members have been asked to do the same. Most community members have completed this action, with approximately 60% of participants now using the correct software version. A few validators who attempted to run the version that caused the consensus interruption (v20.0.6) are currently unable to participate in voting and are resynchronizing from a snapshot. Once these remaining validators complete synchronization, the network is expected to resume normal operations. Another update is expected in 60 minutes, with hopes that the network will be fully operational by then.

As of now, ZetaChain's mainnet has been paused for six hours.


#ZetaChain #networkdisruption #consensusfailure #validatorupdate #networkrecovery #softwareversion #communityaction #mainnetpause
🚀 Community Urges Action Against Fake Accounts on X Platform

Community members have called on X product leader and Solana advisor Nikita Bier to prioritize addressing fraudulent accounts on the platform. According to PANews, users are urging Bier to focus less on niche communities like crypto or InfoFi and more on combating scams. Currently, approximately 22,600 newly registered fake X accounts are reportedly using Space's real-time voice tags to lure users with phishing links. The scale of the issue makes it difficult to address manually through reporting or blocking. Suggestions have been made to introduce facial recognition login mechanisms to significantly reduce malicious activities. In response, Nikita Bier acknowledged the problem and stated that the team is actively working on a solution.

#FakeAccounts #XPlatform #Scams #FraudulentAccounts #NikitaBier #CommunityAction #PhishingLinks #SpaceTags #FacialRecognition #Crypto #InfoFi #Solana #MaliciousActivities #PANews