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Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed
12.12.2022
On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion. Moreover, during the past 12 months, the TVL in defi dropped 82.56% from roughly $239 billion in Dec. 2021,...
Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform
8.12.2022
According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership, Alameda acquired Ren and was funding development every quarter. On Dec. 7, 2022, Ren developers warned...
Cross-chain giants to watch closely in this next crypto cycle
6.12.2022
Innovation of Web3 technology continues to proliferate. During the last bull market (starting just before DeFi Summer 2020), a significant number of projects with novel applications emerged, receiving the attention of venture capital’s attention and wider community support. Technology...
Betting on a Decentralized, Cross-Chain Crypto Future
5.12.2022
The 26-year-old president of Jump Crypto heads a DeFi juggernaut that’s building key infrastructure and cross-chain bridges, and investing in layer1 blockchains. For running on all cylinders in a year of crypto reckoning, Kanav Kariya is one of CoinDesk’s Most Influential 2022
Blockchain Protocol Komodo Offering Three-In-One Wallet, Cross-Chain Bridge and DEX
30.11.2022
AtomicDEX Web can be accessed through any internet browser
Illicit cross-chain transfers expected to grow to $10B: Here's how to prevent them
30.11.2022
Forecasts predict cryptocurrency criminals laundering more than $10 billion through cross-chain bridges by 2025, leading to calls for holistic screening solutions
EverRise develops cross-chain NFT staking lab
21.11.2022
EverRise, a blockchain technology company, developed an NFT staking lab to allow its holders to build on-chain staking contracts. These contracts would connect to another five blockchains. This new development allows users to connect their staked assets over multiple chains and get the maximum...
Cross-Chain Bridges: What Are They & How Do They Enable Blockchain Interoperability?
19.11.2022
Over the last few years, numerous new smart contract-enabled public blockchains have come online, creating the need for cross-chain interoperability in the crypto space. As it stands, developers in the space are working hard to build out cross-chain architecture that facilitates communication...
Value Locked in Defi at Its Lowest Point Since March 2021, Smart Contract Tokens Shed $22 Billion in 36 Days
16.11.2022
Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in existence lost more than $22 billion during the last 36 days. The total value locked (TVL) in defi...
Hashflow (HFT) Announces the List on Cryptocurrency Trading Platform MEXC and Binance on November 7
2.11.2022
PRESS RELEASE. MEXC Global will list Hashflow on November 7, 13:00(UTC) with Binance together, and users will be able to trade their native token HFT(HFT/USDT). Meanwhile, MEXC has launched a deposit competition for HFT, and the total prize pool is 5000MX. Hashflow (HFT) is a decentralized exchange...
Cross-chain DEX Rubic Loses Over $1M in Funds After Hackers Gain Access to Private Keys
2.11.2022
Developers suspect the attackers used malicious software to access the admin wallet's private keys
Axelar partners with Polygon to deliver cross-chain communication to Polygon Supernets
27.10.2022
The partnership seeks to enable Ethereum ecosystem developers to have access to functions and users on Axelar’s dozens of connected chains
Collin O’Brien on a Multiple Blockchain Future and Cross-Chain Swaps | Ep. 171
26.10.2022
In an exclusive interview with cryptonews.com, Collin O’Brien, Head of Marketing at Rubic, talks about the future of blockchain technology, cross-chain swaps, and interoperability.
Collin O’Brien is the Head of Marketing at Rubic, a leading cross-chain swap service that allows users to swap assets...
Axelar and Polygon Supernets Team Up to Provide Cross-Chain Interoperability
26.10.2022
This will allow developers to build their applications across multiple blockchains
State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months
22.10.2022
During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region. The TVL in defi has shed significant value during the past six months as it dropped from $161 billion on April 1, down...
Twitter user saves cross-chain bridge from potential exploit
20.10.2022
The BitBTC bridge reportedly had a bug that would essentially allow an attacker to mint fake tokens on one side of the bridge, and swap them for real ones on the other
Report: Half of all DeFi exploits are cross-bridge hacks
19.10.2022
Over $2.5 billion have been stolen from cross-chain bridges in the past two years
BNB Chain responds with next steps for cross-chain security after network exploit
17.10.2022
The BNB Chain team released its official statement on Oct. 7 regarding the hack and stolen funds, and a second statement on Oct. 11 on network decentralization
Binance-Backed Blockchain Completes Hard Fork to Mitigate Future Cross-Chain Bridge Hacks
12.10.2022
The Bnb Smart Chain commenced the blockchain’s hard fork on October 12, at block height 22,107,423, in order to add a security patch to “mitigate the cross-chain infrastructure between [the] Beacon Chain and Smart Chain.” Binance and the Bnb Smart Chain suspended withdrawals...
BNB Chain back online after suspension due to a cross-chain exploit
7.10.2022
After a brief network suspension as the result of a cross-chain hack, the activity on the BNB Chain is back online