Weekly Project Updates: Linea Plans to Launch Token in Q1 Next Year, Movement Set to Launch Mainnet, Over $10 Million Stolen from On-Chain Trading Tool DEXX, etc
1. ConsenSys Establishes Swiss Non-Profit Linea Association to Accelerate zkEVM Decentralization link ConsenSys announced the establishment of the Linea Association, a non-profit organization based in Switzerland, aimed at advancing the decentralization of its Layer-2 zero-knowledge Ethereum Virtual Machine (zkEVM) Rollup network, Linea. The association will focus on supporting Linea technology, expanding its market reach, and promoting the decentralization roadmap. Declan Fox, Linea’s Product Lead, stated that the association plans to launch the Linea token in the first quarter of 2025, enabling token holders to have governance rights over specific association activities. 2. Top 15 Blockchain Bridges with Highest Net Fund Flow: Base, Solana, Sui Lead the Rankings link Over the past week, the top three public blockchains in terms of net capital inflow via cross-chain bridges were Base, Solana, and Sui, while the bottom three were Polygon, Ethereum, and Blast. According to further resea...