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The Sonic testnet, known as Sonic Odyssey, has gained significant traction recently, especially with its integration into the OKX Wallet. As of August 2024, the Sonic testnet has seen a massive influx of activity, with over 1 million active wallets and 600 million transactions recorded. Sonic is a Layer 2 solution built on Solana, designed to support sovereign game economies that roll up to the Solana network.
Seeking safety: Hundreds of families have resorted to sleeping on beaches and in public squares in Beirut after seeking shelter following the Israeli military’s airstrikes on Beirut’s southern suburbs. Overall hundreds of thousands are estimated to have been displaced by recent fighting. Lebanese civilians say they cannot heed warnings from Israel’s military to avoid places where Hezbollah is operating, because the group is highly secretive. Evacuation warnings also often come just minutes before a building is hit.
In June 2024, Linea faced a significant security issue when the decentralized exchange Velocore, operating on its blockchain, was hacked. This led to a pause in block production on the Linea network to prevent further losses. The incident brought attention to the importance of decentralization in Layer 2 networks