ChainCatcher message, according to the official announcement from Zilliqa, the team has completed the mainnet recovery work after several hours of effort. The Zilliqa mainnet is now fully restored to normal functionality, and users can resume network transactions.It is reported that last night Zilliqa stated that the Look-up nodes being out of sync caused transactions to fail to upload to the blockchain for processing, and they are working to resolve this issue.

ChainCatcher news, Zilliqa announces the deployment of the Aventurine prototype mainnet. Aventurine is a powerful testing environment that introduces many improvements over the previous Jasper version and lays the groundwork for a seamless transition to Zilliqa 2.0 when the Agate version mainnet launches.Technically, Aventurine will run on two networks: one is an upgraded version of the existing Jasper prototype testnet, which can import its historical state; the other is a new prototype mainnet that can import historical state from the current Zilliqa mainnet.The prototype mainnet will introduce decentralized applications (dApps) currently running on the Zilliqa mainnet, such as PlunderSwap DEX and Safe multi-signature wallet, as well as new dApps that will be integrated after the launch.

ChainCatcher message, the public chain Zilliqa tweeted that its network has fully resumed operation, thanking the community for their understanding and patience.Earlier, Zilliqa reported around 1:00 AM today that the network encountered technical issues that caused a block interruption, but the funds are safe.

ChainCatcher message: The public chain Zilliqa reported around 1 AM today that the network encountered technical issues leading to a block production interruption, but funds are safe. During the resolution of this issue, all partners are strongly advised to temporarily halt any deposits or withdrawals on the network.Hours later, Zilliqa released an event update stating: "The team attempted a quick restart to minimize the time required to restore the network. Unfortunately, this approach was unsuccessful, and a full network re-initialization is now underway. We will keep you updated on our progress.Preliminary investigations indicate that this issue is similar to previous interruptions. This specific problem will not occur in the upcoming brand new network."As of now, Zilliqa has not released any new updates.

ChainCatcher news, the public blockchain Zilliqa tweeted that the proposal to halve mining rewards has been approved. Starting from October, the monthly mining rewards will be reduced by 50% each month.

ChainCatcher message, the public chain Zilliqa posted on X that the network is now back online for validators and is deploying permanent fixes for public use. The team will provide updates as they become available.Yesterday's news, Zilliqa stated on X that the network encountered issues again after several days. The team has identified the error and will resolve it as soon as possible. All funds are safe. They added that this error is not caused by the Zilliqa 2.0 upgrade.

ChainCatcher news, the public blockchain Zilliqa stated in a post on X early this morning that it has encountered network issues again. The team has identified the vulnerability and will resolve the issue as soon as possible. User funds are in a safe state.Previous news, the public blockchain Zilliqa stated that it has noticed a slowdown in the block production speed of the Zilliqa mainnet, is actively monitoring the situation, and has suspended network transactions. A recovery may be needed, and Zilliqa will make a decision on this soon.

ChainCatcher message, the public chain Zilliqa stated that it has noticed a slowdown in the block production speed of the Zilliqa mainnet, is actively monitoring the situation, and has suspended network transactions. A recovery may be needed, and Zilliqa will make a decision on this soon.

ChainCatcher news, Zilliqa has announced the launch of the Jasper prototype testnet for Zilliqa 2.0, which promises to provide an efficient and scalable blockchain aimed at making Web3 as easy to use as the internet. The release of Jasper is the first step in the Zilliqa 2.0 roadmap.The Jasper prototype testnet introduces a new proof-of-stake consensus mechanism for Zilliqa 2.0, which offers lightning-fast transaction speeds at a low cost while remaining energy-efficient and capable of scaling according to the needs of global enterprises and developers. This early version of the Zilliqa 2.0 network allows developers and validators to explore the enhanced features of the new network and try running validator nodes to earn rewards for helping secure the network.

ChainCatcher news, according to official sources, Zilliqa has announced that the Chief Technology Officer (CTO) of its Web3 game studio Roll1ng Thund3rz, Valentin Cobelea, is set to leave. Kenny Creanor will take over as the interim leader of the Roll1ng Thund3rz team, continuing to advance its ambitious roadmap to innovate the gaming industry using Web3 technology. Kenny has previously held multiple positions at Roll1ng Thund3rz and Zilliqa, with his most recent role being Chief Developer.It is reported that the strategic direction of Roll1ng Thund3rz will not change, and the company will continue to pursue growth by developing gaming projects in the Web3 space, such as its free, skill-based shooting game Web3War.

ChainCatcher news, Zilliqa announced the appointment of Aigerim Omarbekova as the Chief Marketing Officer. Aigerim Omarbekova graduated from New York University and has a career spanning the United States, the Middle East, and Central Asia, with over seven years of experience in the fintech and Web3 industries.Aigerim's appointment supports Zilliqa Group's broader plans, including Zilliqa's Layer 1 blockchain, the metaverse and space network provider MetaMinds, the music tokenization platform TokenTraxx, and the Web3 gaming company Roll1ng Thund3rz.

ChainCatcher news, according to Bloomberg, Valkyrie Investments has sold its private trust business to the digital asset service platform Abra, which includes Tron and Zilliqa trusts. It is reported that the deal was reached in May, and Abra settled with 25 states in the U.S. last week.In March this year, digital asset investment firm CoinShares announced the completion of its acquisition of Valkyrie Funds LLC ("Valkyrie") ETF business, while CoinShares will also acquire the investment consulting business of Valkyrie Investments Inc. ("Valkyrie Investments") and obtain the sponsorship rights for Valkyrie's Bitcoin spot ETF BRRR.CoinShares plans to leverage Valkyrie's ETF infrastructure to develop its U.S. asset management business, with a clear focus on product innovation and market differentiation. This acquisition is expected to bring CoinShares an additional $530 million in assets under management.

ChainCatcher message, Upbit announced that due to the block production pause of Zilliqa (ZIL), Zilliqa (ZIL) deposits and withdrawals will be suspended to support stable deposit and withdrawal services.

ChainCatcher news, according to official sources, Zilliqa has announced that ZilBridge is back online, and all functionalities of ZilBridge have been restored after a long period of interruption.Previously, Zilliqa's on-chain DEX Zilswap posted on platform X last month stating that there was currently an interruption issue with ZilBridge. This downtime has affected users, and the team is working on a solution, but the time required to resolve the issue is longer than expected. Once the problem is fully resolved, cross-chain bridge transactions will resume, and all transfers that were stuck in transit will be processed.

ChainCatcher message, Zilliqa posted on platform X stating that the team has made new progress in resolving the ongoing interruption issue with ZilBridge. All stuck transactions should now be submitted, and once the resynchronization is complete, all functions will be restored. At the current synchronization speed, ZilBridge is expected to be back online early next week.Zilliqa stated that it is working with Switcheo Labs and Poly Network to resolve this issue.Previously, on February 14, Zilliqa's on-chain DEX Zilswap posted on platform X stating that there is currently an interruption issue with ZilBridge. This downtime has affected users, and the team is working on a solution, but the time required to resolve the issue is longer than expected. Once the problem is fully resolved, cross-chain bridge transactions will resume, and all transfers stuck in transit will be processed.

ChainCatcher news, Layer 1 blockchain Zilliqa announced that, according to the proposal to reduce staking rewards passed by formal governance voting last year, staking rewards will officially be reduced to 34% starting from January 16, in order to lower inflation.It is reported that starting from February 13, 2024, and continuing every month thereafter, this value will continue to decrease by 1% until the staking reward level reaches the target value of 25%.

ChainCatcher message, Layer 1 blockchain Zilliqa posted on platform X that the 9.3.0 mainnet upgrade will go live on January 3, 2024, at 17:00. During the upgrade, the network will stop processing transactions until the upgrade is complete.

ChainCatcher message, to provide a high-quality user experience, Binance will support the network upgrades and hard forks of Zilliqa (ZIL) and Sei (SEI).Zilliqa (ZIL) will undergo a network upgrade and hard fork on January 3, 2024, at 17:00 (UTC+8). Binance expects to suspend the token deposit and withdrawal services for Zilliqa (ZIL) at 16:00 (UTC+8) on January 3, 2024;Sei (SEI) will undergo a network upgrade at block height 49,519,931 (expected at 01:00 UTC+8 on January 4, 2024). Binance expects to suspend the token deposit and withdrawal services for Sei (SEI) at 00:00 (UTC+8) on January 4, 2024.