Butterfly Protocol News
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News and updates on the Butterfly Protocol
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Forwarded from Sergio Verdugo
📓Since you asked for it, here you have it!

We have transformed those really interesting questions into a medium article
Leave your claps over there😉
Butterfly Protocol News pinned «📓Since you asked for it, here you have it! We have transformed those really interesting questions into a medium article Leave your claps over there😉»
Bilaxy Exchange Hack: As most know, the Bilaxy Exchange, https://bilaxy.com/ was hacked on August 28, resulting in a massive drain from their hot wallet with hundreds of millions in potential losses to Bilaxy account holders. 109,811 BFLY were stolen in this hack and almost immediately swapped on Uniswap, resulting in a dip in the price of BFLY. Thankfully, it was not a much larger amount but it shows that there are vulnerabilities in our world that continually need to be secured. We don't advise on how people trade so be safe out there.
🚨HUGE NEWS

🚀Butterfly Protocol partners with Web23 in order to build a DNS on the Cardano network!

🤩With this collaboration, Butterfly will continue its expansion over multiple blockchains becoming the first decentralized DNS on XDC and now Cardano. The Cardano community will now be able to use the decentralized web in their favourite chain.

🗓Dana Farbo: "We will continue to lock the root domain on Ethereum but by using other blockchains, we can prepare for wider acceptance of blockchain DNS (DNS) and lower costs for using the decentralized web.”

🥳Other important news revealed include the full deployment and rollout of XDC based domains which is expected for November 1st 2021

🖋Read this article to get more information

🤗Welcome Cardano community!
Butterfly Protocol News pinned «🚨HUGE NEWS 🚀Butterfly Protocol partners with Web23 in order to build a DNS on the Cardano network! 🤩With this collaboration, Butterfly will continue its expansion over multiple blockchains becoming the first decentralized DNS on XDC and now Cardano. The…»
Butterfly Protocol News pinned «🚨 HUGE 🥳Become one of the 50 biggest $BFLY holders on Polygon and receive a $100 airdrop! https://twitter.com/butterflyproto/status/1460416067440939009?s=21»
Butterfly Protocol News pinned «https://twitter.com/butterflyproto/status/1463205206821199874»
Butterfly Protocol News pinned «More organization and feature news coming this week! https://twitter.com/butterflyproto/status/1468257045644259332»
🦋Butterfly Protocol is partnering with Aleph Zero🦋

Butterfly Protocol will start building a DNS inside the Aleph Zero network after receiving a grant from the foundation. As you may know, Aleph Zero is not EVM-compatible therefore during the next weeks we will be focusing on creating a Zone contract on the chain.

🤝We will be working very closely together in the future as we are looking to create an innovative system of domain NFTs that will act as identities and improve the user experience massively.

⭐️Butterfly holders will receive a free domain once this system is up and running.

Aleph Zero's website
Aleph Zero's twitter
Butterfly Protocol's medium
Forwarded from UncleNate D
Check out another ButterflyProtocol-based project! 🐸👏

https://twitter.com/app_cortex/status/1662577918264868865