🏦 AlphBanx Expands to MegaETH

Alephium has published a detailed post about their development approach and philosophy. **Key Points:** - The team emphasizes building with a lean, sustainable approach focused on longevity - Full details available in their blog post: [Built Lean, Built Free, Built to Last](https://alephium.org/news/post/built-lean-built-free-built-to-last/) - The project continues expanding globally with Russian and Chinese language versions now available **Background:** Alephium operates a lock & mint bridge (based on Wormhole) that enables cross-chain asset transfers between Ethereum and Alephium. These bridged assets can be used across various applications including DEXes and NFT marketplaces on the Alephium network. The announcement reflects the project's commitment to transparent communication about their development principles and international community growth.

The latest ecosystem review highlights key developments across the Alephium community: **Featured Projects & People** - Linx Labs and contributor @raduC22 take center stage - @Tonelookalph announces an upcoming music party event - New comprehensive Proof of Less Work (PoLW) guide currently in development This third installment of the ecosystem review series provides an inside look at ongoing projects, community initiatives, and technical documentation efforts. The review continues the format established in previous episodes, tracking the ecosystem's growth and activity. For those following Alephium's development, this update offers a snapshot of current community momentum and upcoming events.

**Powfi's mainnet launch approaches as smart contracts complete second of three internal audits** The backend team continues rigorous testing of Powfi's smart contracts, with two of three internal auditors now approving the code. The third review stage is underway alongside fuzz testing and deep DEX analysis to identify any remaining bugs from the public testnet phase. **Key developments:** - Second internal auditor completed and approved smart contracts - Third-stage review already in progress - Intensive fuzz testing underway to catch edge cases **Alphland improvements:** - Dashboard rebuild for better AI crawling and faster response times - User and sponsor documentation being revised - Tutorial videos in production Frontend updates delayed as team returns from personal commitments. A more comprehensive report expected next week as the project nears its mainnet deployment.

Alephium continues its public testnet phase for **Powfi**, its core DeFi platform, with an active bug bounty program. **Key Points:** - Community members are encouraged to test [Powfi on testnet](https://powfi.alephium.org) and submit bug reports or improvement ideas - The most helpful submissions will receive rewards - Over 140 bug reports have already been submitted since the testnet launch - Reports can be submitted through the dedicated [Discord channel](https://discord.com/channels/747741246667227157/1471503694162952367) The campaign is part of Alephium's battle-testing phase, where the team actively refines the platform based on community feedback before mainnet deployment.

**Alephium has released its latest Core dApp Testnet update**, continuing development of their cross-chain bridge infrastructure. The update builds on previous progress outlined in "The Road to Core dApp Testnet" documentation. **All testnet updates are consolidated in a pinned thread** for easy tracking. **Key points:** - Latest testnet iteration now available for testing - Updates focus on Core dApp functionality - Documentation available for developers - Ongoing development of Ethereum-Alephium bridge capabilities The Core dApp represents Alephium's effort to enhance their lock & mint bridge system, which enables asset transfers between Ethereum and Alephium networks.