Exolix

Test transactions can also help you spot common risks in Web3. ☠️ Address poisoning: scammers create lookalike wallet addresses to trick users into copying the wrong one. 🍯 Honeypots: malicious tokens let you buy but prevent you from selling. Testing a small amount first can help identify potential issues before committing more funds.

What mattered this week: 🔸 @base activated its Denim mainnet upgrade, improving transaction processing and network performance 🔸 @Samsung Wallet introduced $USDC accounts on @solana for eligible U.S. Galaxy users 🔸 Amundi launched a tokenized equity index fund on @ethereum 🔸 @BNBCHAIN introduced Red Alarm, a new ecosystem-wide security initiative 🔸 @krakenfx parent Payward and affiliated clients purchased $AAVE tokens, signaling deeper interest in the protocol 🔸 @aztecnetwork launched Tierra V6, improving private proof generation and fixing a critical vulnerability 🔸 @Zcash activated NU7, reducing target block times from 75 to 25 seconds 🔸 @tether froze over $1.5B linked to the @binance hack within 30 minutes of the incident

Account Abstraction allows wallets to operate as programmable smart contracts, introducing custom rules for security and transactions. What does this enable? 🔑 🔸 Social recovery and 2FA 🔸 Multi-sig approvals and spending limits 🔸 Sponsored gas fees and alternative payment tokens 🔸 Multiple actions bundled into one transaction