🚀 New Protocol Migration Begins 🚀
The migration to Venom’s next-generation protocol has begun.
⏳ The migration will last 24 hours. Once it has been completed, we will publish a guide with instructions on how to access the assets on the new network.
🔒 Now that the migration is underway, the portal has been shut down. Recovery of old assets will be done through seed phrases which should be entered in your Sparx Wallet for new Venom assets.
🙏 Thank you for your patience! As always, if you have and questions are concerns, we will be glad to help.
⚡️ ChainConnect Returns to Service ⚡️
Great news for the Venom ecosystem. After a vulnerability was discovered, the ChainConnect Bridge has been secured, vetted and stress tested, and restored to its full functionality ✅.
🔐 It is important to note that ChainConnect is a separate project that has built upon the Venom ecosystem. The Venom team assisted the ChainConnect team in the recovery and security processes, but the vulnerability was not tied to the Venom network as a whole, rather it was an isolated problem in the ChainConnect platform.
🔄 We remind you that the migration process is ongoing and if you still have tokens on the old chain, you should send them through the migration portal before you withdraw them.
🔗 Migrate now: https://migrate.venom.network/
🌉 ChainConnect Bridge: https://app.chainconnect.com/bridge
🙏 Thank you for your patience during this process. If you have any questions regarding the bridge or the migration, our support team will be glad to help you.
⚠️ Refrain from Bridge Transactions During Final Testing ⚠️
Great news: the ChainConnect bridge has been thoroughly vetted and cleared to resume its full scope of operations.
✅ The vulnerability has been eliminated and all user funds are safe.
The relaunch of the bridge is imminent. We ask that users temporarily refrain from using the bridge platform while the final tests are being concluded.
📢 We will publish an announcement shortly, once the final tests are complete.
Thank you for your patience.
🏆 Unlock New Roles and Prizes 🏆
The Venom Discord is the beating heart of the community. More than just a place to discuss all the latest, the server is a place where users can contribute to network growth and earn rewards for doing so.
🚀 We a have a number of server roles for contributors. Higher ranks unlock priority giveaways, exclusive events, and bigger rewards.
Current roles:
• Ambassador — 561
• Associate — 676
• Bachelor — 205
• Master — 31
• Doctor — 9
👀 Your place in the community is waiting. Join here: 🔗 https://discord.gg/venomfoundation and start stacking.
⏳ Still Time to Compete for 250,000 $VENOM Prize Pool ⏳
ICYMI: 🏆 Origami Tech is currently hosting a Venom trading competition on KuCoin.
📅 End Date: August 22, 12:00 UTC
Join in and leverage your trading skills to win prize money while you still have the chance.
📈 Reminder: this is a Grid League event, which means that it is based on volume: the more you trade, the higher your rank, the bigger your share of the winnings.
🔗 Join the competition now and win your share of the prize pool: https://app.origami.tech/competitions/233
📰 Bridges Are Crypto’s Achilles’ Heel: A New HackerNoon Article by VF CEO Christopher Louis Tsu 📰
Venom Foundation CEO Christopher Louis Tsu breaks down why bridges keep getting hit hard, why the real test isn’t just the code or the audits, and what actually separates solid teams when something breaks in his latest article on HackerNoon.
🔑 Key to correcting the problem are speed, precision, verified info, and real preparation.
👉 Check out the full article here: 🔗 https://hackernoon.com/bridges-are-cryptos-weakest-point-incident-response-is-the-real-test
💰 $100 GIVEAWAY 💰
To Participate:
1️⃣ Follow Venom on 𝕏
2️⃣ Like & RT & bookmark this post on 𝕏 🔁
3️⃣ Tweet the text below on your Twitter (𝕏) page:
💰250K $VENOM Trading Competition is LIVE!
@Venom_network_ launched a Grid League on @origamitech_
💱Pair: VENOM/ $USDT on @kucoincom
📅Until Aug 22
💰Prize Pool: 250K VENOM
Climb the leaderboard & grab your share of rewards👉 https://cutt.ly/LyauQsuN
#Trading #KuCoin #Giveaway
4️⃣ Send a link to your tweet in the comments below this post on 𝕏
And you're in! ✅
On Aug 22, twenty random winners will share the pool equally.
🏆 New Venom × Origami Tech Trading Competition on KuCoin 🏆
Ready to prove your trading skills?
@origami_tech is launching a new trading comp with a 250,000 $VENOM prize pool on KuCoin.
📅 Competition period:
August 8, 12:00 UTC – August 22, 12:00 UTC
📊 This is a Grid League event, which means that it is based on volume: the more you trade, the higher your rank, the bigger your share of the winnings.
🔗 Join the competition now and win your share of the prize pool: https://app.origami.tech/competitions/233
💰 Venom Discord Rewards Live 💰
Active rewards right now on Venom Discord:
• $100 giveaway for Ambassadors every 10 days
• $50 giveaways rotating across Associate → Bachelor → Master → Doctor every 10 days
• $100 X.com giveaway every two weeks
• Regular quizzes on Venom, blockchain & Bitcoin - win USDT + XP
No passive watching. ⚡️ Participate and get paid.
👉 Get started: https://discord.gg/venomfoundation
