Please read our first update to get an overview of the ChainSwap exploit. ChainSwap has issued a reimbursement of $48,475 USDC, which was used to buy-back $RAZOR from the open market and burnt to reduce the circulating supply in the interest of our community. The ChainSwap team has frozen $RAZOR…

Updated, 14th July 2021 ChainSwap, a cross-chain asset bridge & application hub for smart chains, was exploited at around 08:00 PM UTC on 10th July. ChainSwap allows projects to bridge between blockchains seamlessly; many projects using these services were affected by the exploit, including Razor Network. …

We’re excited to announce the phased rollout of our governance beta! The new governance framework will empower our community to actively participate in the decision-making process of the Razor Network Oracle, ensuring it remains adaptive, robust, and decentralized. Through the phased rollout of governance beta, the network can accept or…

In our pursuit of building the ultimate blockchain-agnostic decentralized oracle solution for the DeFi and web3 landscape, Razor Network is always on the lookout for partners who share our vision. Today, we are elated to announce our partnership with Byte Variety as the latest institutional validator to join our growing…

TL;DR: In July 2023, Razor Network introduced a significant update for Oracle node v1.0.6, offering support for an alternate RPC, customizable API timeout, and caching API results for faster data fetching. Additionally, “Validator Alerts” were implemented on Discord to notify node downtime and prevent inactivity penalties. L2BEAT started tracking Razor…

TL;DR, In May, Razor Network enhanced RazorScan with integrated browser notifications, allowing alerts for active locks and withdrawal initiations. Razor was also spotlighted in REX Wire’s SKALE ecosystem series. As of June 7th, more than 290 million RAZORs were staked, which constitutes 47% of the total circulating supply. Hello Razor…

TL;DR: Razor Network has observed an increase in staking, with 47.2% of the total circulating supply staked. RazorScan has addressed a network switching issue and integrated RainbowKit with MetaMask support. Users can now view their sFuel balance on RazorScan. The Razor Network Oracle has registered a substantial quantity of staked…

TL;DR ~ Razor Network witnessed an all-time high in Total Value Locked at $2,755,940 in March. Staking on the network rose to 47% of RAZOR’s total circulating supply. RazorScan and Razor-node experienced technical updates, including adding Reset Unstake Lock events and a new patch release for a better validator experience. …

TL;DR — We bring to you the most important updates from Razor Network for the month of February. As always, we have made UX updates to RazorScan. The amount of $RAZOR staked in contracts is rising, and Razor’s decentralized data feeds have been integrated into two of SKALE’s blockchain Hubs. …