There is a momentum superwave accelerating inside the @ElrondNetwork ecosystem.

Blockchain technology will elevate products and protocols, infusing them with an ability of creating new types of value, for users all around the world.

Weekly #elrondtech 🛠

https://twitter.com/mihaiiuga3/status/1528396560874233857

Last week in Elrond 🌏

💹 Chart the Elrond DeFi ecosystem on TradingView
🛡 Elrond tokens (ESDTs) are now available on Trust Wallet
🌇 BitOasis lists EGLD
👨‍💻 Mainnet upgrade: elrond-go v.1.3.23.0
💱 First MEX listing to go live on BitMart
🛠 Weekly #elrondtech
⛓ ElrondBuilders ecosystem platform
Ⓜ️ Highlights of the Maiar App latest update: support for 3 new languages; Public Account privacy feature; Contacts' cover photos viewable
⚡️ BHAT trading live on Maiar Exchange
🔷 Maiar App Weekly Report
📊 Maiar Exchange Weekly Report


🌎 Elrond Network
1,66M accounts • 47,37M transactions • 12,42M staked

📲 Maiar
971K users • 114K users stake $EGLD

⚡️Maiar Exchange
$713 Million USD TVL • $4 Million USD 24h volume


📰 Media mentions:

• Nasdaq • ThePrintIndia • TechTimes • TheAscentMoney • BitRss •

RT: https://twitter.com/ElrondNetwork/status/1528640387740475392

Introducing Ad Astra Portal: The Cross-Chain Bridge For Tokens To Leap Forward In Scalability And Performance

We are thrilled to announce the go-live of the Elrond Ad Astra Portal! The new, fully decentralized and thoroughly tested token bridge will enable assets to flow freely between Elrond and Ethereum, and soon other EVM compatible blockchains.

“The Ad Astra Portal opens a compelling path for creative DeFi protocols and assets to take an important leap forward in terms of performance, efficiency and scalability. It also sets the premises for Elrond’s internet-scale blockchain technology to take a leading role in orchestrating the multi-chain foundation of the interoperable Web3 enabled virtual spaces that will collectively be known as The Metaverse.” said Beniamin Mincu, Elrond Network CEO.

A new growth chapter for the Elrond ecosystem begins today.

With new tokens, comes new liquidity.
With new liquidity, new applications.
With applications, new users and communities.

One step at a time. Slowly, then suddenly.

This is how we connect the world, and onboard innovation into the Elrond ecosystem.

Take the opportunity.

Read more: https://elrond.com/blog/ad-astra-portal-elrond-ethereum-bridge-goes-live

Bridge: https://ad-astra.elrond.com

Retweet: https://twitter.com/lucianmincu/status/1529173745021116416

BH Network Joins Metabonding To Accelerate Community Growth

We’re happy to announce that BH Network is joining the Metabonding program to accelerate the growth of their community and maximize the reach of their products.

The BHAT token sits at the core of the BH Network economy, powering both their decentralized freelancing marketplace and the BHero launchpad.

It will be distributed via Metabonding starting on June 16th, when participants will be able to claim BHAT rewards based on the previous week’s snapshot data about their amounts of staked EGLD and/or LKMEX deposited.

Read more: https://elrond.com/blog/bh-network-joins-metabonding

Retweet: https://twitter.com/ElrondNetwork/status/1529473814064676865

UTK 2.0 Engage: The Utrust Token Gets Deployed On Elrond As Native ESDT To Kickstart The Web3 Payments Revolution

Utrust is the leading crypto payments service provider powering the new generation of Web3 payments that will be faster, cheaper and more secure, thanks to the highly scalable and efficient underlying Elrond blockchain infrastructure.

We recently announced the upgraded UTK 2.0 tokenomics that supercharge the Utrust token to transform it into a powerful digital currency that is ready for global adoption.

Today we are excited to announce the next important milestone in the Web3 payments revolution: the UTK token is coming to the Elrond Network as an ESDT token.

Powered by the Elrond technology, Utrust enters a new growth chapter. One with significant ramifications for internet commerce and merchants worldwide.

Read more about the roadmap of UTK’s transition to the ESDT standard and Maiar DEX listing:
https://elrond.com/blog/utk-20-esdt-token

Retweet: https://twitter.com/beniaminmincu/status/1529809545291341825

Cantina Royale Builds Web3 Entertainment For The Next Billion Gamers, Powered By Internet-Scale Blockchain Technology And Strategic Investment By Elrond Research

Elrond Research has made a strategic investment in Cantina Royale, a free-to-play game that taps into Web3 via Verko, the Layer 2 Metaverse experience framework.

“The adoption model put forward by Cantina Royale has very high chances of breaking through the relatively narrow blockchain-gaming space and reach global audiences. The next billion gamers can tap into exciting entertainment with zero added friction from the crypto side of things. This is thanks to the seamless integration of Elrond’s internet-scale blockchain technology with the Verko Metaverse experience framework used by the game.” said Lucian Todea, Elrond Network Co-Founder and COO.

Cantina Royale is a top-down tactical arcade shooter that will be simultaneously released on iOS, Android, Windows and MacOS.

Cantina Royale raised $4.5 million in funding through a round led by Elrond and Mechanism Capital. Other investors include Crypto.com, Morningstar Ventures, Animoca Brands, Skynet EGLD Capital, GBV Capital, Good Games Guild, Chingari and more. The funding will help the team continue development and begin building new and exciting features and game modes.

Read more: https://elrond.com/blog/elrond-research-strategic-support-cantina-royale

Retweet: https://twitter.com/beniaminmincu/status/1530193314204499974

Last week in Elrond 🌏

🪐 The Ad-Astra Portal bridge connecting Elrond & Ethereum is live
🧭 Elrond Research strategic investment in Cantina Royale
📆 UTRUST Maiar DEX listing, farm & metastaking timelines
⚛️ BH Network joins Metabonding
🛠 Weekly #elrondtech
📲 NFT collections are now displayed to Maiar contacts
📖 Elrond overview by LeewayHertz
🧵 Introduction to Smart Contracts
❓ First session of #AskMaiarAnything
🔷 Maiar App Weekly Report
📊 Maiar Exchange Weekly Report


🌎 Elrond Network
1,66M accounts • 47,97M transactions • 12,46M staked

📲 Maiar
980K users • 115K users stake $EGLD

⚡️Maiar Exchange
$639 Million USD TVL • $5 Million USD 24h volume


📰 Media mentions:

• Nasdaq • CoinTelegraph • Bloomberg
• Yahoo Finance • The Associated Press • egamers.io • beincrypto • CryptoBriefing • CryptoHopper • InvestingCube • TheAscentMoney • FinanceFeeds •

RT: https://twitter.com/ElrondNetwork/status/1531175283092488192?s=20

UTK 2.0 Debuts On Ad Astra Portal Today at 13:30 UTC

It’s time for #web3payments to level up at internet scale!

UTK 2.0 token transfers via the Ad Astra Portal bridge begin at 13:30 UTC.

Bring your Utrust tokens over from Ethereum and get 0.02 EGLD as bonus in the destination address on Elrond, so you can explore the DeFi ecosystem without worrying about fees.

Retweet: https://twitter.com/ElrondNetwork/status/1531584675331833856

Ad Astra Bridge: UTK 2.0 token transfers are LIVE!

The UTK 2.0 genesis is underway! Utrust token transfers through the Ad Astra Portal bridge are live. Let’s take #web3payments to the next level of scalability.

https://ad-astra.elrond.com

Retweet: https://twitter.com/beniaminmincu/status/1531651193109356549

EGLD is now listed on leading Asian exchange LBank

The Hong Kong based platform is a leader in the Asian markets, processing $1B+ USD in daily volume for 7M+ users over more than 450 trading pairs.

The exchange was established in 2015 and has since offered uninterrupted and secure services for more than 7 million users in more than 210 regions around the world.

Deposits are open, EGLD/USDT trading starts on June 02 09:00 UTC.

https://elrond.com/blog/egld-lists-on-lbank

Retweet: https://twitter.com/ElrondNetwork/status/1531942771736592384

UTK 2.0 - The Maiar DEX listing process is underway. Up to 1000% APR in the first 7 days, starting tomorrow

Deposit EGLD/UTK liquidity and get ready to earn up to 1000% APR on the EGLD/UTK farm, starting tomorrow June 02, 13:30 UTC.

Read more: https://t.me/MaiarExchangeAnn/259

Retweet: https://twitter.com/MaiarExchange/status/1532037547630665729

New features & optimizations are continuously making their way into the Elrond protocol, with no compromise to security and robustness.

Thus Web3 innovation can happen uninterrupted and at scale.

Weekly #elrondtech 🛠

https://twitter.com/AdrianDobrita/status/1533142724240605184

An update about the ongoing Maiar DEX maintenance:

Nothing is built without hardship and difficulty.

This we have always recognized & embraced at Elrond.

As problems emerge, we do what we always did.

Put all energy on grasping the problem, finding the most effective solution, & pushing forward as fast as we can.

So here's the current status:

a. Last night we have identified a situation with potential security implications.

b. After a serious analysis we have identified that the best way to ensure user protection is to pause a few critical components such as DEX and APIs.

c. We have now isolated the problem, and have already deployed a fix.

d. Currently reevaluating deeper implications of the problem & solution, w/ necessary steps ensuring max safety before resuming the dex, bridge, & all the other components.

e. Once this evaluation is in place, and the full solution has been deployed, we will debrief the situation in much more detail.

Our utmost priority is this situation is protecting our users in the best way we can.

This is a challallenge.
But together, we will push forward.

Closer. Hyper Focused. And with many new lessons learned. Ready for the next steps ahead.

Appreciate all the support.

https://twitter.com/beniaminmincu/status/1533714150320398337

The recovery plan is complete.

Here's the current status on the Maiar DEX, and important next steps.

Challenges may inevitably come.

When they do, we focus all our energy to rise up, and push forward.

https://twitter.com/beniaminmincu/status/1533950568577781762

Elrond update, Maiar DEX, and important next steps.

Solutions fully implemented, final tests being performed.

APIs and DEX to be resumed during the next 4-8 hours.

Hard times, we appreciate all the support.
And are ready to move forward. Together.

📺 https://www.youtube.com/watch?v=guo_A1jhWAc

RT: https://twitter.com/beniaminmincu/status/1534159591180750850

New Elrond and Maiar DEX update.

All hands on deck.

Getting close to enabling DEX frontend and API send function.

Amazing progress and support from the community.

Here's the current status and next steps.
https://twitter.com/beniaminmincu/status/1534305646262292482

Maiar DEX full recovery is complete.

The DEX is now live. APIs are live. Exchanges are live.

All funds are safe, all users are safe.

Carefully monitoring everything during the next hours.

Super tough 48 hours. Amazing efforts and support from the team, community, partners.
https://twitter.com/beniaminmincu/status/1534480392622841856

The Elrond incident and recovery report is out.

To say this has been a tough few days, is an understatement.

*Still, all systems are live.
All funds are safe. All users are safe.*

What stubborn strength and joy these words carry.
Come build with us. Let’s fortify Elrond Network together.

https://elrond.com/blog/incident-and-recovery-report/

RT: https://twitter.com/beniaminmincu/status/1535605154573164544

Building anything worthwhile, and of value, is hard.

Challenges may inevitably arise. What defines us is our response to challenges.

As a team. As a community.

Weekly #elrondtech 🛠

https://twitter.com/ccorcov/status/1536019461416923141

Markets may be on fire.

*What survives and thrives despite the fire, is ours to decide.*

So, at Elrond, a new Maiar Launchpad Startup is coming 🔥

Next Monday, all $EGLD staking snapshots begin.

30,000 tickets, >15 days of staking snapshots, 1 guaranteed ticket for highest tier, and a second mystery box lottery.

Opportunities may arise in the most unexpected situations.

Time to get your EGLD ready.

RT: https://twitter.com/beniaminmincu/status/1536310719867760643?s=20&t=qg0G3KjlNSS8EDbTldRoGA

🇪🇺 EU Premiere: Web3 Decentralized Domains And Institutional NFT Marketplace Under Development By Romania’s National Institute for Research and Development In Informatics Using Elrond Network Blockchain Technology

We are thrilled to announce that ICI Bucharest is working on building an institutional NFT marketplace and a decentralized Domain Name System (DNS/TLD) based on the highly scalable and carbon-negative Elrond Network blockchain.

The National System for Issuers and Digital Assets will be the first of its kind in Romania and likely the European Union. It is being created as a public - institutional marketplace for digital assets that will use blockchain-based Decentralized Identity and Non-Fungible Token (NFT) technology to digitize, access, transfer and store official documents, property deeds or various certificates.

“The intersection of governance and technology creates a universe of opportunities for advancing society. It is the right time to take the initiative along with our partners from ICI and embed Elrond Web3 innovations into the next generation of national and institutional frameworks.” said Beniamin Mincu, Elrond Network CEO.

Read more: https://elrond.com/blog/national-institute-for-technology-elrond-marketplace/

Retweet: https://twitter.com/beniaminmincu/status/1536655886839693312