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Cosmos patches ‘critical’ IBC protocol bug, saving $126M
24.4.2024
IBC has always had the bug, but it only recently became exploitable due to developments in the protocol’s codebase, Asymmetric Research said
Union Labs Plans Polygon-to-Cosmos Bridge with New AggLayer Integration
18.4.2024
The new technology from Union Labs comes after the blockchain interoperability project raised $4 million in November
Somnia launches Betanet, ushering in a new era of interoperability in the Metaverse
15.4.2024
Somnia, an L1 and a set of omnichain protocols has taken another step towards its goal of a connected metaverse with the recent launch of its protocol Betanet. This significant milestone marks the beginning of a new era in the metaverse, where experiences and assets can seamlessly move across...
ATOR joins Peaqosystem to boost blockchain interoperability
12.4.2024
ATOR, a prominent player in the blockchain space, has announced its integration into the Peaqosystem, a dynamic ecosystem built on the Peaq blockchain protocol. This strategic partnership marks a significant milestone in fostering blockchain interoperability and expanding accessibility...
Chainlink Aims to Make Transfers Across Blockchains Safer with New Bridge App 'Transporter'
11.4.2024
The bridge leverages Chainlink's CCIP tech, and allows users to transfer crypto assets across multiple blockchains, starting with Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, Polygon, and WEMIX
Standardization of Blockchain Data Format Enhances Interoperability Between Chains – Nick Yushkevich
3.4.2024
According to Nick Yushkevich, standardization of blockchain data formats is crucial as it enhances the interoperability of distinct protocols and fosters broader adoption of the technology. Yushkevich, the director of product at blockchain infrastructure provider Quicknode, added that such...
Get Ready: Wormhole’s Token Airdrop Opens Today for Claiming
3.4.2024
Interoperability platform Wormhole is set to launch its highly anticipated token airdrop at 7:30 a.m. ET on April 3, 2024.
The post Get Ready: Wormhole’s Token Airdrop Opens Today for Claiming appeared first on Cryptonews
Near Foundation Introduces Chain Signatures and Multichain Transactions
27.3.2024
The Near Foundation has announced that Near protocol now supports chain signatures, enhancing interoperability and user experience.
The post Near Foundation Introduces Chain Signatures and Multichain Transactions appeared first on Cryptonews
Espresso Systems Secures $28 Million in Series B Funding Led by a16z Crypto
22.3.2024
Espresso Systems raises $28 million in Series B funding led by a16z crypto to enhance Ethereum Layer 2 scalability and rollup interoperability through its marketplace.
The post Espresso Systems Secures $28 Million in Series B Funding Led by a16z Crypto appeared first on Cryptonews
Goldman Sachs, CBOE, Standard Chartered, and Others Complete Blockchain Interoperability Pilot on Canton Network
14.3.2024
Goldman Sachs, the CBOE, Standard Chartered, and other financial institutions participated in the pilot of the Canton Network, a protocol aiming to achieve interoperability in apps using resources from various blockchains. Digital Asset, the company behind the pilot, stated that this test showed...
Crypto Is (and Isn’t) Money
11.3.2024
Navigating the Wormhole Airdrop: Defi’s Next Big Token Drop Explained
7.3.2024
Wormhole, a platform fostering blockchain interoperability within decentralized finance (defi), has unveiled plans for an airdrop of its proprietary token, W. The initiative is part of the protocol’s broader aim toward progressive decentralization, rewarding dedicated users and developers...
Native Token Transfers Are the Next Evolution of Interoperability
6.3.2024
Wrapped assets introduced a wave of DeFi innovation that cross-chain protocols are looking to take forward
Avail’s Testnet Surpasses 100 Million Transactions, Showcasing Mainnet Capability
5.3.2024
With the completion of over 100 million transactions on the Goldberg testnet, Avail prepares for a mainnet launch that could enhance layer-2 efficiency and interoperability.
The post Avail’s Testnet Surpasses 100 Million Transactions, Showcasing Mainnet Capability appeared first on Cryptonews
Wormhole debuts Native Token Transfers to redefine interoperability
1.3.2024
Wormhole introduced NTTs, that is, Native Token Transfers. The functionality aims to boost interoperability and cross-chain transfers, enabling developers to come up with more innovative cross-chain protocols. It is interesting that tokens do not lose their behavior after the transfer. Developers...
Ripple Partners with Axelar for RWA tokenization and cross-chain communication on XRPL
27.2.2024
Ripple has partnered with the Axelar Foundation to enhance interoperability on the XRP Ledger (XRPL) blockchain, focusing on advancing the tokenization of real-world assets (RWAs).
The post Ripple Partners with Axelar for RWA tokenization and cross-chain communication on XRPL appeared first...
Injective Partners with DojoSwap to Launch CW-404 Standard, Inspired by ERC-404
23.2.2024
On February 23, Injective Protocol announced a strategic partnership with DojoSwap to launch the CW-404 standard, a groundbreaking token standard inspired by ERC-404. This collaboration aims to foster innovation and interoperability within the decentralized finance (DeFi) ecosystem.
The post...
Wormhole and AMD Forge Alliance to Revolutionize Blockchain Interoperability
21.2.2024
On Wednesday, the blockchain interoperability platform Wormhole revealed it is collaborating with the American multinational semiconductor company AMD (Advanced Micro Devices). Wormhole plans to utilize AMD’s Field Programmable Gate Array (FPGA) technology in order to bolster cross-chain...
AMD Collaborates With Wormhole Ecosystem to Enhance Blockchain Interoperability with Hardware Accelerators
21.2.2024
The interoperability platform Wormhole announced a collaboration with Advanced Micro Devices (AMD) to integrate AMD's FPGA hardware accelerators into the Wormhole ecosystem to boost blockchain interoperability while ensuring a seamless user experience for the Web3 ecosystem.
The post...
Analog Raises $16M in Funding for Cross-Chain Project, Reaching $120M Valuation
13.2.2024
Analog has raised $16 million in the latest funding round to develop its cross-chain communication tools at a valuation of $120 million. According to a recent social media post by Analog, the funding round led by Tribe Capital has funneled $16 million to Analog. The company plans to utilize...