Search
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,...
Circle Launches Bridging Standard for Stablecoin Deployment on New Networks
22.11.2023
Source: Circle In a first-ever announcement in the stablecoin ecosystem, Circle, makers of USDC, has released a bridging standard for its digital token. Making the announcement in a November 21 blog post, the fiat-backed stablecoin maker pointed out the need to help developers bootstrap stablecoin...
Venture135 conference to focus on narrowing the VC diversity gap and fostering fintech breakthroughs in the Southeast
15.11.2023
Venture135, one of the premier venture capital events of the Southeast, is thrilled to announce a partnership with Wells Fargo to make waves in the fintech landscape. This year, the annual conference will delve deep into the heart of industry trends while addressing the diversity gap in...
Bitcoin Cash and financial inclusion: Bridging the gap
12.10.2023
Beyond its potential as a store of value and medium of exchange, BCH has gotten attention for its unique proposition, which is fostering financial inclusion on a global scale. Bitcoin Cash (BCH), a cryptocurrency fork from Bitcoin, emerged in 2017 and has become an essential part of everyday...
Bridging the wealth gap: Sensei Inu’s mission to reward knowledge and skills
8.10.2023
In the fast-paced world of cryptocurrency, where fortunes are made and lost in the blink of an eye, one project is on a mission to level the playing field. Enter Sensei Inu, a crypto venture turning heads with its innovative approach to wealth distribution. In this article, we’ll explore...
Erica Kang, CEO of KryptoSeoul, on Crypto in Asia and Bridging the Gap Between the West & the East | Ep. 266
19.9.2023
In an exclusive interview with cryptonews.com, Erica Kang, CEO and Founder of KryptoSeoul, talks about community-building spirit, crypto in Asia, and bridging the gap between the East and the West. ...
Read More: Erica Kang, CEO of KryptoSeoul, on Crypto in Asia and Bridging the Gap Between...
21co Unwraps New Suite of Wrapped Cryptocurrencies
12.9.2023
21.co, the parent company of crypto exchange-traded products provider 21shares, has introduced a suite of wrapped tokens pegged to top crypto assets across multiple blockchains. The wrapped tokens are designed to increase liquidity and interoperability between different crypto networks. 21co...
What Are Stablecoins? A Simple Explanation of the Digital Asset Bridging Crypto and Fiat
10.9.2023
Stablecoins occupy a unique space within the realm of finance, straddling the worlds of traditional and cryptocurrency finance. These digital assets aim to achieve price stability by tethering their market value to external references such as fiat money. Stablecoins blend the characteristics...
Custodia Bank Goes Live: Bridging Digital Assets With US Dollar Payments
12.8.2023
Custodia Bank, the financial institution that aims to bridge digital assets with the U.S. dollar payment system, is now live. Last month, Custodia started serving external business customers in select U.S. states, offering U.S. dollar deposits and government money market fund services, with bitcoin...
Base Opens Ethereum Bridge, Mainnet to Launch August 9
5.8.2023
Base, the Ethereum L2 (layer 2) scaling layer backed by Coinbase, has opened bridging for selected assets from Ethereum. In a blog post, the protocol also announced that the Base mainnet deployment was slated for August 9, allowing free access to developers to launch their apps on top of it. Base...
Chainlink launches cross-chain protocol bridging blockchain to TradFi
18.7.2023
Several top banks around the world are already collaborating with Chainlink to explore applications for the Cross-Chain Interoperability Protocol
Crypto Bridging Protocol Multichain Ceases Operations After CEO, Sister Detained in China
14.7.2023
Multichain said it has been forced to take the action "due to lack of alternative sources of information and corresponding operational funds."
Planq Partners with Router Protocol to revolutionize asset bridging
14.7.2023
Planq has revealed its partnership with Router Protocol as the primary bridging partner in a highly anticipated announcement. Planq, a leading provider of secure transaction and communication systems, is dedicated to revolutionizing the blockchain landscape for mobile users. Their mission centers...
Cointelegraph Pitch Room launched, bridging promising projects to quality investors
7.6.2023
Cointelegraph presents Pitch Room, where innovation meets opportunity
Crypto Bridging Protocol Multichain ‘Unable to Contact’ CEO Zhaojun
31.5.2023
Multichain has suffered days of issues amid swirling rumors over the fate of its team
Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl
26.5.2023
The crypto bridging service Multichain is coming under the microscope from Binance and other important outposts
Multichain Daily Bridging Volume Sees 5x Increase After Alleged Team Arrest, Barely Any Panic for Fantom
26.5.2023
Rumors have been spreading throughout the cryptoverse that the major blockchain bridge Multichain team has been arrested by the Chinese police - with the shockwaves hitting the Fantom (FTM) ecosystem softer than expected.
Per several Twitter accounts, the Chinese community has been reporting...
Alchemy Pay: Bridging the Global Economies of Fiat and Cryptocurrencies
26.4.2023
On April 20th, The European Parliament approved the first comprehensive crypto regulation EU-wide, the Markets in Crypto-Assets (MiCA). In the same day, a separate law, the Transfer of Funds regulation, was passed, requiring crypto operators to confirm the identity of their customers in order...
Cata Labs Raises $4.2M to Develop 'Bridging' Software
26.4.2023
The round was led by Spartan Group and included participation from Robot Ventures, Maven11, Alchemy Ventures, HashKey Capital, Circle Ventures and Superscrypt
Ethereum layer 2 bridging up sixfold year-on-year in Q1 — Alchemy
18.4.2023
Layer 2s also saw increased development activity, with year-over-year smart contract deployment increasing by 160%