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Brevan Howard-Backed Tokenization Firm Libre Arrives on NEAR Blockchain
2.9.2024
NEAR Protocol’s cross-chain signing feature will allow users on multiple blockchains to transact with Libre’s selection of tokenized credit and hedge funds
BNB Chain to grow stablecoin ecosystem with new cross-chain bridge
28.8.2024
BNB Chain will also create a liquidity pool to allow transfers from other chains as part of its efforts to grow its stablecoin ecosystem.
Innovation in Crypto Moves Faster Than Governments, Needs Self-Regulation, Says Serial Innovator
18.8.2024
Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin Wang, the founder and CEO of Zeus Network. While they help address the problem of liquidity segmentation that afflicts the Web3 industry, Wang insists that they pose...
Online Gaming Veteran: Top Tech, Strong Marketing Key to Web3 Growth and Adoption
10.8.2024
While the biggest blockchain bridge hacks have centered on private key mismanagement, according to Joshua Tobkin, CEO of Supra, smart contract errors and cryptography implementation issues also contribute to cybercriminals’ success. Tobkin said while bridges are poised to play...
Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole
14.5.2024
Security firm CertiK said it has detected a flaw in the cross-chain bridge Wormhole which could have resulted in $5 million worth of losses.
The post Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole appeared first on Cryptonews
Solana-to-Bitcoin cross-chain bridge aims for Q3 2024 launch
1.5.2024
The ZPL-powered zBTC token will allow Bitcoin holders to engage with the Solana DeFi ecosystem
Wormhole’s W Token Is Paying Out 999% a Week on Solana Protocol Kamino
4.4.2024
The Solana DeFi application Kamino is offering a weekly yield of more than 999%, paid out in W and JTO tokens
Wormhole Debuts at $3B Valuation in 617M Token Airdrop
3.4.2024
Cross-chain bridge Wormhole initiated an airdrop that will see early users rewarded with 617 million of its newly issued governance token, W
Heco Bridge Hacker Moves $137 Million in Stolen ETH to Tornado Cash
24.3.2024
In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge connecting Ethereum and the Heco blockchain, transferred 40,391.8 ether to the mixing platform Tornado Cash....
Orbit Chain Loses $81M in Cross-Chain Bridge Exploit
2.1.2024
Orbit Chain, a platform that interacts and transacts with various blockchains, has lost $81 million after hackers exploited the platform's cross-chain bridge
Orbit Suspends Cross-Chain Bridge Contract After $82M Exploit: Beosin
1.1.2024
Source: Pixabay Just hours before welcoming the new year, hackers exploited Orbit Bridge, the cross-chain bridging service of Orbit Chain, making off with a staggering $82 million. The project soon suspended the cross-chain bridge contract and initiated on-chain negotiations with the attackers,...
IOTA’s ShimmerEVM Bolsters Onboards Cross-Chain Capabilities With LayerZero's Technology
27.12.2023
The Shimmer bridge, a tool that transfers value between different blockchains that connect to LayerZero, will launch today
OKX DEX Exploited: Wallets Authorized to the Exchange Lost Approximately $370,000
13.12.2023
Image Source: Adobe OKX DEX, a decentralized exchange and cross-chain bridge aggregator, has been exploited, with some wallets authorized to the platform losing around $400,000. According to analysis conducted by blockchain security firm SlowMist, the issue revolves around the authorization...
Heco Bridge Breach Drains $86 Million — Justin Sun’s HTX-Linked Venture Faces Major Security Setback
22.11.2023
Numerous sources have reported that the Heco Bridge, a cross-chain conduit linking Ethereum with the Heco blockchain, has suffered a security breach, resulting in a loss of $86 million. Subsequent to the heist, the stolen funds were redirected to various decentralized exchange (dex) platforms....
Now live: Y00ts cross-chain bridge to Ethereum
16.10.2023
Y00ts has announced that it has finally launched the bridge from Polygon to Ethereum. Users have until October 22, 2023, to complete the migration process. It can take up to an hour due to traffic. Hence, users may want to be quick in initiating the migration process. Y00ts is covering the gas fees...
Cybercriminals Use Dexs and Crypto Cross-Chain Services to Launder $7 Billion — Elliptic
10.10.2023
According to the findings of a research study by Elliptic, cybercriminals are believed to have used crypto cross-chain bridges and coin swap services to launder $7 billion worth of “illicit or high-risk funds.” The Lazarus Group, a cybercriminal organization said to be backed by North...
Criminals more reliant on cross-chain bridges than ever after mixer crackdowns
20.9.2023
The sanction of cryptocurrency mixer Tornado Cash in August caused the first major shift, but that is now accelerating even faster than projected
Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability
6.9.2023
The fundraise comes as interoperability protocols have attracted investors, despite the bear market
Multichain's ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis
11.7.2023
Chainalysis told Cointelegraph that they were “describing it as a possible rug pull,” based on an analysis of Multichain’s spurious transactions and internal problems
Biggest Movers: SOL Gains 10%, BCH Hits Fresh 1-Year High
29.6.2023
Solana surged 10% on June 29, after it was confirmed that a new cross-chain bridge will allow users easier access to other blockchains. The update from Debridge will reportedly enable solana users to access ethereum’s virtual machine for the first time. Bitcoin cash extended its own gains...