#cplusplus
Monad is a fast, scalable Layer 1 blockchain fully compatible with Ethereum's EVM, allowing you to run Ethereum smart contracts without changes. It improves speed by separating consensus (agreement on transaction order) from execution (processing transactions), enabling parallel transaction execution and reaching 10,000 transactions per second with 1-second finality. Monad uses a custom EVM and a special database (MonadDb) optimized for parallel state access, reducing delays. This means you get much faster, cheaper transactions while keeping Ethereum compatibility, making it easier for developers and users to adopt and benefit from high performance and scalability.
https://github.com/category-labs/monad
🚨 BREAKING: $117M in assets stolen from @Balancer in the last 2 hours after a major hack!!!
🔹 Assets stolen are across multiple chains: #Ethereum, #Base, #Optimism, #Sonic, #Polygon, #Berachain – mainly in Liquid Staking Tokens (LSTs) of $ETH.
Top 5 stolen assets:
• 7,838 $WETH (~$29.1M)
• 6,841 $OSETH (~$26.8M)
• 4,459 $WSTETH (~$20.1M)
• 2,405 $SFRXETH (~$10M)
• 2,038 $RSETH (~$8.67M)
🔹 The hacker is acting quickly: Converting LSTs into $ETH in real-time!
🔹 Big move: Whale account 0x009, dormant for 3 YEARS, just resurfaced after the exploit and withdrew $7.38M worth of assets from #Balancer!
⚠️ ALERT: If you’re still on #Balancer, secure your funds NOW before it’s too late! 🔐
Follow @spotonchain for more updates about the hack!
https://x.com/spotonchain/status/1985289043383300351