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FDIC Creates Bridge Banks for Failed Silicon Valley Bank and Signature Bank Clients to Access Funds
13.3.2023
The U.S. Federal Deposit Insurance Corporation (FDIC) has announced that clients of Silicon Valley Bank (SVB) and Signature Bank (SBNY) can access their funds during normal banking hours on Monday, March 13, 2023. The FDIC stated that both banks’ deposits were made whole under...
Silicon Valley Bank Clients Can Fully Access Funds After FDIC Creates New Bridge Bank
13.3.2023
Loans and other services will resume on normal schedule Monday following a switch to a new bridge bank, the regulator said
Web3 app Kresus raises $25M to bridge consumers to blockchain
7.3.2023
Kresus’ SuperApp aims to bridge more everyday consumers to digital goods, NFTs and other Web3 products and services
Crypto Startup LI.FI Spins Up Bridge, DEX Aggregator
6.3.2023
The retail-facing platform uses a non-custodial setup, CEO Philipp Zentner said
Avalanche Sees Surge in BTC Bridged to Its Network With Over $44 Million in Bitcoin Ported on Thursday
3.3.2023
According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin worth $190.9 million was bridged over to the Avalanche...
Cross-Chain Protocol Swing Says ‘No-Code’ Product to Speed Up App Deployment
2.3.2023
Decentralized applications that straddle multiple blockchains are becoming more common, though the cross-chain “bridges” often used to move digital assets back and forth between the different networks are frequently targeted by hackers
Koii Labbs, Idexos launch middleware bridge aiming to replace CEXs
1.3.2023
The multi-chain bridge aims to provide a decentralized alternative to centralized exchanges by enabling cross-chain transactions by self-custodied token holders
Open-Source Protocol Ren Token Surges 18% Amid Rising Interest in Multichain Projects
1.3.2023
In November, following the protocol's loss of funding from Alameda, Ren accelerated its shift from Ren 1.0 to a more efficient, secure version
Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability
23.2.2023
Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines how the cross-chain bridge could function...
16 ways crypto leaders can help bridge the gap between Web3 and TradFi
23.2.2023
To persuade TradFi firms and Web2 users to think outside the box, Web3 pioneers first have to do so themselves
XRP Ledger Proposes Cross-Chain Bridge to Increase Network and Token Utility
23.2.2023
The proposal defines how changes to an account's transaction sequence can be made on the XRP Ledger to ensure the movement of tokens between XRP Ledger and associated sidechains
Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea
17.2.2023
Crypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea, according to blockchain analytics firm Elliptic. The firm noted that the stolen funds, which were dormant until recently, originated from the June 2022 hack of Harmony’s...
Neon Link’s Gaming-Focused Neon Coin Presale Begins
15.2.2023
PRESS RELEASE. LONDON, ENGLAND – February 15th, 2023 – Neon Link, the new blockchain gaming ecosystem consisting of a layer-1 blockchain, native coin, wallet, dex, bridge, games and more is opening up the opportunity to own part of this project by holding the NEON coin on the 15th...
Binance and Huobi freeze $1.4M in crypto linked to North Korean hackers
15.2.2023
The North Korean-based hacker outfit Lazarus Group resorted to different privacy mixers attempting to anonymize the stolen funds, but it didn’t work
Binance and Huobi Freeze $1.4M in Crypto Tied to Harmony Bridge Theft
15.2.2023
Tracing firm Elliptic said it followed the money through Tornado Cash
Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether
13.2.2023
The exploiter is probably earning yields on staked cryptocurrency
BonqDAO protocol suffers $120M loss after oracle hack
2.2.2023
An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield
Wormhole wins second 'temp check' to become bridge for Uniswap governance
31.1.2023
Wormhole got over 60% of the vote in the Uniswap DAO referendum, with LayerZero coming in second
Wormhole Wins Vote to Be Uniswap’s Designated Bridge to BNB Chain
31.1.2023
Uniswap aims to deploy its V3 decentralized exchange on BNB Chain before its business source license expires on April 1. LayerZero, a target of recent criticism for under-publicized security risks, finished second in the voting
Bridge Platform LayerZero Denies Allegations It Kept ‘Backdoor’ Secret
30.1.2023
The allegations from the head of Nomad, a LayerZero competitor, come just before Uniswap votes on whether to partner with LayerZero