Solana falls below $40 as network suffers another outage

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Solana‘s value fell 12% on June 1 after the network went offline for more than four hours. The outage is the second time such an event has occurred in the last 30 days. The outage was caused by a bug that…

Critical bug in Ethereum L2 Optimism, $2M bounty paid

Ethereum Layer-2 solution Optimism has fixed a critical software bug in one of its smart contracts on Ethereum. On February 2nd, the Optimism team was alerted by Jay Freeman of a critical bug in Optimism’s fork of the Ethereum Geth client software. As per the Optimism announcement “Funds Are Safu.” The bug made it possible…