TheCryptoUpdates
Altcoin News

Neo N3 accelerates to 3-second blocks, AxLabs launches bridge indexer

Neo’s network has seen a major speed boost this week. On April 20, the Neo Council activated three-second block times on the Neo N3 MainNet. This change came after a governance transaction signed by 13 of the 21 Council members was executed on-chain. The new block interval represents an 80% reduction from the previous 15-second times. It’s a big jump in performance, though exactly how it will affect applications and user experience remains to be seen.

Bridge transparency and community tools

AxLabs launched the Neo Bridge Indexer, a public dashboard that tracks the live status of the native bridge between Neo N3 and Neo X. Both the frontend and backend codebases are open-sourced on GitHub under the bane-labs organization. The tool gives users, developers, and dApp operators a validator-independent way to confirm whether the bridge is operating normally, delayed, or stuck. It covers all three bridge types supported on that native connection. That could be useful for anyone relying on cross-chain movements.

Neo co-founder Da Hongfei also appeared at the Bitfire Day: 2026 Hong Kong Institutional Wealth Management Summit Forum. He spoke on a panel about the current state and structural challenges of the crypto industry, including Bitcoin’s development trajectory.

Governance tensions and community disputes

COZ published a positional essay arguing that Neo’s foundational design had an implied transition period from founder-led origins toward community stewardship. But according to COZ, the transition has never been completed. They claim the only legitimate basis for the ecosystem’s future is a broader, more durable distribution of stewardship across the community. This suggests ongoing debates about who really calls the shots in the Neo ecosystem.

Flamingo Finance also published an open letter alleging that Neo Global Development and the Neo Foundation failed to deliver promised assets and operational support during the platform’s most challenging stretches to date. The Flamingo maintainers argue that Neo’s flagship DeFi dApp has been left structurally dependent on two entities that have refused to act on calls for help. The article catalogs grievances the team says it raised internally through late 2025 before escalating the dispute publicly. It’s a serious accusation and could affect trust in the network’s flagship DeFi project.

New launches and community events

Several other projects moved forward this week. SpoonOS launched Season 1 of its Community Contribution Program, a two-month points-based initiative running through June 20. It rewards members for chatting, completing tasks, contributing code, and sharing AI content. The top 10 contributors receive exclusive community rewards.

NeoLine launched its Web dApp at app.neoline.io. It’s a unified interface for managing Neo assets. Users can view assets, send and receive tokens, bridge assets, and participate in governance voting.

GameShame released Raijin Protocol v0.0.3a, revealing the game’s first map. It’s available for download at gameshame.studio.

FLM.FUN hosted a live streaming event with 500 USDC in prize money. NNT hosted a GasBot Trivia round where participants competed for a pool of 4 $GAS rewards. nDapp released a weekly N3 $GAS check-in, noting that network users claimed approximately 87,061 $GAS over the past week and on-chain activity burned about 271 $GAS. Frank Coin hosted a Telegram Game Event on April 24, awarding 100 FRANK to the top player and 40 FRANK each to 10 randomly selected participants.

Developer tools and upgrades

AxLabs announced GitMyABI, a tool designed to bring CI/CD-style management to smart contract interfaces (via application binary interfaces). It aims to replace manual distribution through Slack, Discord threads, and documentation repositories.

Neo SPCC released NeoFS REST gateway v0.17.1. It fixes a pair of bugs and introduces V2 session token validation at the gateway level for auth APIs.

Podcasts and upcoming events

NNT released Episode 111 of The Smart Economy Podcast featuring Greg Osuri, founder of Akash Network and CEO of Overclock Labs. Topics included why decentralized cloud infrastructure may help address growing AI compute demand, how Akash Network connects unused global compute supply with developers and enterprises, why energy availability could become a bigger bottleneck than hardware for AI, and how distributed training is evolving beyond large centralized data centers.

NNT also hosted Crypto Coffee and Blockchain Beer Spaces #93. Discussions covered the top 5 crypto and top 5 non-crypto hacks in 2025, why AI is empowering rampant malicious activity, and how to protect yourself as both a crypto user and a regular tech user.

Looking ahead, NNT will host CC & BB #94 on May 1 on The Smart Economy Podcast official X account.

Loading

Related posts

THORChain (RUNE) Restructures to Address $200 Million

Jack

XRP Scan Seeks Moment of Silence For This Hefty Token Burn

Jack

SYN, CBK, AQT lead crypto market cap gains amid broader downturn

Mridul Srivastava
Close No menu locations found.