Cryptocurrency Q&A Is onyx on Ethereum?

Is onyx on Ethereum?

Giulia Giulia Wed Nov 06 2024 | 6 answers 1205
I'm curious to know if onyx is built on the Ethereum platform. I've heard about Ethereum's popularity in the crypto world and want to confirm if onyx is utilizing its technology. Is onyx on Ethereum?

6 answers

Valentina Valentina Fri Nov 08 2024
The relaunch will include a focus on full community support. Onyx believes that involving the community in the governance and security of the network will help prevent future incidents.

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Valeria Valeria Fri Nov 08 2024
Onyx has announced its decision to shutdown its Ethereum-based lending market. This move comes after a significant security breach that impacted the platform.

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Filippo Filippo Fri Nov 08 2024
The hack exploited a long-known security vulnerability, resulting in the loss of $3.8 million. This incident has prompted Onyx to reassess its security measures and strategy.

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CryptoChampion CryptoChampion Fri Nov 08 2024
In response to the hack, Onyx plans to relaunch its governance-focused financial network. The new network aims to address the security vulnerabilities that led to the breach.

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Ilaria Ilaria Thu Nov 07 2024
Onyx CORE will be the new foundation of the financial network. It is designed to provide a more secure and robust platform for lending and other financial activities.

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