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Interlay launches trustless BTC stablecoin bridge on Polkadot
11.8.2022
InterBTC operates as a BTC-backed stablecoin, secured by a decentralized network of overcollateralized vaults, which according to Interlay, resembles MakerDAO’s DAI token
88% of Nomad Bridge exploiters were 'copycats' — Report
11.8.2022
Copycats used the same code as the original hackers but modified the target token, token amount, and recipient addresses
Cross-chain bridge RenBridge laundered $540M in hacking proceeds: Elliptic
11.8.2022
The blockchain forensics firm said cross-chain bridges provide an "unregulated alternative" to exchanges for transferring value between blockchains
Blockchain Analytics Platform Merkle Science Raises $19M to Take on Bridge Exploits
9.8.2022
The threat detection company added funding to its Series A round, which now totals more than $24 million
Over USD 36M Returned to Nomad Bridge's Fund Recovery Address
9.8.2022
Over USD 36m has so far been returned to the official fund recovery address shared by Nomad Bridge, a cross-chain messaging protocol that was drained of USD 190m worth of funds last week in what many called "the first decentralized robbery."
According to Etherscan transactions, the recovery wallet...
White hat hackers have returned $32.6M worth of tokens to Nomad bridge
8.8.2022
The cross-chain bridge was drained of its assets in less than three hours
Finance Redefined: Solana and Nomad bridge fall prey to exploits losing millions
5.8.2022
The top 100 DeFi tokens had a mixed price action over the past week, with many seeing a downturn after some bullish action last week
First Mover Asia: Crypto's ‘Learn-on-the-Fly’ Ethos on Display as Bridge Hack Damage Reaches $2B
5.8.2022
Bitcoin and ether kept sliding, but barely. Meanwhile a corporate partnership announcement was enough to send Coinbase shares soaring (and short-sellers running for cover)
Chainalysis Estimates $2B Stolen From Cross-Chain Bridge Hacks This Year
4.8.2022
This week, hackers used a vulnerability on the Nomad bridge to steal $190 million worth of crypto
Hackers Send Back $9M to Nomad Bridge After $190M Exploit
3.8.2022
Hackers that exploited the Nomad Bridge have sent around $9 million back to the protocol
Cross-Chain Bridge Nomad Loses $190 Million Making It 2022’s Third-Largest Crypto Heist
2.8.2022
On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was the third-biggest crypto heist of 2022, and the ninth largest of all time. Nomad Cross-Chain...
Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater
2.8.2022
During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this week. Today, the value locked across the defi ecosystem is $86.22 billion as the TVL has lost 3.34% during the past...
Nomad DeFi Bridge Drained of At Least USD 150M in 'Chaotic' 'Decentralized Robbery'
2.8.2022
Cross-chain messaging protocol Nomad, which allows users to send and receive tokens between different blockchains, was drained of at least USD 150m after experiencing a security exploit that allowed bad actors to spoof messages. ...
Read More: Nomad DeFi Bridge Drained of At Least USD 150M...
Nomad Bridge Drained of Nearly $200 million in Exploit
2.8.2022
The exploit calls the security of cross-chain token bridges into question once again
Nomad token bridge drained of $190M in funds in security exploit
2.8.2022
Hundreds of potential exploiters appear to have drained all of the bridge’s $190 million in TVL in just a matter of hours
OraiDEX Streamlines the Process to Bridge Assets
29.7.2022
OraiDEX now sports a more user-friendly interface streamlining the process to bridge assets to Oraichain Mainnet. The announcement was made by publishing a blog post. Oraichain is an AI-powered oracle and ecosystem for blockchains that aims to become the first AI Layer 1 in the blockchain industry...
Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry
28.7.2022
On Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG), announced the launch of Foundry Logistics in order to advance standards in the cryptocurrency mining industry. The newly launched arm of the company plans to “bridge the gap between hardware...
Cross-Chain Bridge Nomad Reveals Crypto Heavyweight Backers for $22.4M Funding Round
28.7.2022
Coinbase Ventures and OpenSea were among the additional backers named for the April funding round
Backlash as Harmony proposes minting 4.97B tokens to reimburse victims
27.7.2022
Under the proposal, there would be either a 100% reimbursement via 4.97 billion new ONE tokens, or a 50% reimbursement with 2.48 billion ONE tokens
EURST Creator Simone Mazzuca Explains What Differentiates It From Other Stablecoins and Why It Is Here to Stay
21.7.2022
Simone Mazzuca is the creator of EURST – the first representative euro stablecoin, 100% asset backed with US Dollars and live audited. EURST is providing one of the most secure and reliable stablecoin structures on the euro market to serve as a bridge to the digital economy. Mr. Simone...