This week in Web3 - 173rd Edition

Polygon completes Napoli hard fork, ZkSync to pivot towards gas fee reduction, OP Labs rolls fault proofs, Dolomite exchange and SLERF rekt, fundraises, jobs and much more 🤯

Major Highlights  🤯

• Polygon completes its Napoli hard fork upgrade and becomes the first chain to implement Rollup Upgrade Proposal (RIP). Learn more

• Founder of ZkSync announces pivot towards decentralization and gas fee reductions. Learn more

• Nubit collaborates with Babylon to boost security and data accessibility in the Bitcoin ecosystem. Learn more

New Launches 🚀

• Polygon Labs introduces Dapp CLI for seamless blockchain app development. Learn more

• Elastos unveils BTC oracle for improved cross-chain compatibility. Learn more

• OP Labs rolls out open-source Fault Proofs on OP Sepolia testnet. Learn more

• Yearn launches vault v3 on Ethereum mainnet. Learn more

Fundraises 💰

• Dapp scaling protocol Espresso Systems raises $28 million Series B funding. Learn more

• L2 blockchain Morph raises $20 million seed funding. Learn more

• RWA L1 blockchain Mantra raises $11 million funding. Learn more

• SocialFi platform EarlyFans raises $1.5 million seed funding. Learn more

Rekt 🚨

• Solana based memecoin SLERF rekt of $10 million when a developer accidentally burned tokens. Learn more

• Dolomite exchange exploited for $1.8 million. Learn more

Read, Watch, Listen 🎙

• The state of the nouns DAO. Read here

• Monetizing attention through consumer apps. Read here

• Understanding EIP-4844. Read here

• Gitcoin’s future roadmap. Listen here

• Solana starter guide in 2024. Watch here

Jobs 👨‍💻

• Social media manager at Risk Labs. Apply here

• Web3 community lead at Syntrpoy. Apply here

• Sales support specialist at Matrixport. Apply here

• Security architect at Fireblocks. Apply here