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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
Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4%
7.10.2022
On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s...
‘New frontier’ of crypto laundering involves cross-chain bridges and DEXs: Elliptic
5.10.2022
Curve, Uniswap, 1inch, and the Ren bridge were the top platforms of choice for laundering illicit crypto, according to Elliptic
Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Payment Orchestration Firm Elements
30.9.2022
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to “quickly scale payment offerings.” Circle says the new service will make it easier...
Circle’s Cross-Chain Transfer Protocol to Support USDC Interoperability
29.9.2022
Circle recently treated the USDC community with a massive announcement. The all-new cross-chain transfer protocol by Circle will support USDC interoperability. It will allow general users and developers to access the USDC functionality on the platform. Circle first announced on the ConvergeSF22...
SWIFT partners with Chainlink for cross-chain crypto transfer project
29.9.2022
The project will connect SWIFT's network to nearly every blockchain to allow traditional finance players access to digital and traditional assets on the one network
Circle Expands USDC Stablecoin to Five New Chains, Unveils Cross-Chain Transfer Protocol
28.9.2022
Circle aims to bolster USDC’s market position as competition with rival issuers Tether, Binance is heating up and decentralized finance platforms are crafting their own native stablecoins
SWIFT Partners With Crypto Data Provider Chainlink on Cross-Chain Protocol in TradFi Play
28.9.2022
Interest from institutional investors moving into crypto has been “undeniable,” according to SWIFT’s Strategy Director