Archethic Announcements
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🚨UPDATE:
Since last night, our entire team has been mobilized to resolve the issue. We want to assure you, first and foremost, that there will be no loss of $UCO.
We are identifying the solution that offers the best outcome and will keep you informed as soon as we have relevant information to share.
Thank you for your support.
The Archethic Team.
Important: Security Incident Regarding the UCO Token on Ethereum
We would like to inform you of a security incident affecting one of the key accounts associated with Archethic. A private key, initially used for the creation of the Ethereum contract of the UCO token, was mistakenly exposed publicly. This key is also a signatory on the multisig wallets of the initial UCO pools.
The key was exposed on the morning of April 23rd on GitHub, the open-source platform containing Archethic's source code, and was removed a few minutes later. We have quickly taken measures to limit the impact of this error.
In the early evening, an individual contacted us to alert us about this leak. This person used the private key to pause the UCO token on Ethereum before the completion of corrective actions.
What does this mean?
Limited impact: The individual with access to this key can only pause the UCO token on Ethereum (BSC, Polygon, and Archethic are not affected), which temporarily suspends transfers on Ethereum. It is important to emphasize that your funds are not at risk; it is not possible for this person to transfer or steal funds. Regarding the multisig wallets, each wallet requires a minimum of 3 signatures so the individual alone cannot use these funds.
Measures in progress: We have immediately taken measures to minimize the impact. This account has been removed from the multisig wallets of the initial UCO pools, so it no longer has any access to these wallets, and no unwanted transaction has or will be validated.
Immediate impacts:
Transfer blocking: Due to the pausing of the contract, no further transfers of UCO tokens can be carried out on the Ethereum blockchain.
Liquidity Freeze on Ethereum DEXs and blocking withdrawals from CEXs to Ethereum.
We are actively working to resolve this situation as quickly as possible.
The security of your assets is our top priority, and we are committed to maintaining transparency throughout this process.
For any questions or concerns, please do not hesitate to contact us on our Telegram and Discord exchange networks.
The Archethic Team
Hello everyone!
Rendez vous on April 11th at 8pm for our next AMA serendipitously named « Blooming(comin)g » on YouTube live (https://www.youtube.com/watch?v=1w28xoaF8mQ).
Sébastien and Benjamin will answer questions that were sourced from the community.
We hope to see you en masse!
🔌☑️We’re excited to announce that our mainnet update AEIP-21 has successfully been deployed on mainnet without any hiccups.🥳🚀
This update was essential to deepen the roots for our DeFi ecosystem, and all future projects on Archethic.
We’re excited to keep delivering bricks of our vision of the future to our supportive community.
We're thrilled to announce that Archethic is now an official sponsor of the Paris Blockchain Week, taking place from April 9-11.
Join Akshay Reddy and Sebastien Dupont, as we prepare to introduce our innovative DeFi ecosystem.
Find us at booth S57 and drop us a message at akshay@archethic.net to schedule a meeting!
"AMA: DeFi Ecosystem": English subtitles are now available!
Discover insights about the Ecosystem Launch, technological advancements, and our marketing strategy.
Check it out: https://www.youtube.com/watch?v=jshg2Mlr9Ck&ab_channel=Archethic
Join us live on March 27th at 9 PM French time for a special AMA session on the "DeFi Ecosystem," conducted in French.
Our discussion will focus on the following key areas:
- aeSwap, aeBridge, DeFi.
We encourage you to submit any questions you have related to these topics in advance using the hashtag #AMA.
Please note, English subtitles will be available in the days following the AMA for our international audience.
https://youtube.com/live/jshg2Mlr9Ck
Archethic introduces AEIP 26: enhancing consensus efficiency, security and speed!
Read more:
https://medium.com/archethic/harnessing-mathematical-precision-the-evolution-of-blockchain-security-through-arch-consensus-9eaad4dca905
Zealy rewards have been distributed!
100 winners, 100 rewards, 1 transaction.
This efficiency is achievable courtesy of the multi-recipients capability on the Archethic Blockchain.
Archethic introduces the TransactionChain concurrency (AEIP 21), the stateful UTXO model (AEIP 14), and smart contract interoperability with EVM blockchains
Read more in our Tech Update: https://medium.com/archethic/winter-protocol-improvements-tech-update-85981cb7d14d
Thanks to the valuable contributions from our community, archethic.net has been modified with enhancements to its design.
Visit us at: www.archethic.net
We are pleased to announce the conclusion of our Zealy Campaign.
It was embraced by over 18,000 individuals who collectively completed more than 600,000 quests.
Our team is currently reviewing each account, expect an announcement regarding the winners by next week.
Archethic introduces a new signature model within the ARCH consensus, enhancing consensus efficiency and optimizing blockchain storage.
Read more: https://medium.com/archethic/beyond-boundaries-archethics-arch-consensus-and-signature-aggregation-shaping-a-new-blockchain-0ddcd30dc5d3
