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SquidGrow: Building During the Bear
15.12.2023
PRESS RELEASE. 15th December 2023. SquidGrow, the meme-utility token co-founded by the elusive crypto whale Shibtoshi, continues to innovate with new ways to energize the community. These include developing a custom bridge and privacy cross chain aggregator, liquidity locker, NFT marketplace...
OKX DEX Exploited: Wallets Authorized to the Exchange Lost Approximately $370,000
13.12.2023
Image Source: Adobe OKX DEX, a decentralized exchange and cross-chain bridge aggregator, has been exploited, with some wallets authorized to the platform losing around $400,000. According to analysis conducted by blockchain security firm SlowMist, the issue revolves around the authorization...
How DeFi Can Bridge the Forex Gap in Africa, According to Banking CEO
30.11.2023
Source: AdobeStock / Confidence Neobank Canza Finance‘s decentralized finance (DeFi) tech provides decentralized foreign exchange (FX) for African currencies, its CEO and co-founder Pascal Ntsama IV said. Canza website stresses that access to financial services and products is “a...
Tron’s Justin Sun Announces ‘Epic Airdrop’ in Wake of HTX, Heco, and Poloniex Hacks
26.11.2023
In the aftermath of September’s HTX breach, along with the subsequent attacks on Poloniex and Heco Bridge in November, HTX faced yet another security breach on November 23, resulting in a loss of $30 million. HTX announced its commitment to “fully compensate” for the financial...
Heco Bridge Breach Drains $86 Million — Justin Sun’s HTX-Linked Venture Faces Major Security Setback
22.11.2023
Numerous sources have reported that the Heco Bridge, a cross-chain conduit linking Ethereum with the Heco blockchain, has suffered a security breach, resulting in a loss of $86 million. Subsequent to the heist, the stolen funds were redirected to various decentralized exchange (dex) platforms....
Suspicious Wallet Activity Indicates $110 Million Drain from HECO Bridge and HTX Exchange – What’s Going On?
22.11.2023
Blockchain security firms detect suspicious activity on HECO bridge and HTX with initial losses estimated at $110 million weeks after $100 million was drained from Poloniex. According to data from Cyver Alerts, a suspicious address has received $12 million from HTX cryptocurrency exchange followed...
HECO Chain bridge compromised, over $86.6M sent to suspicious addresses
22.11.2023
Blockchain security firm PeckShield reported that assets like stablecoins, ETH, SHIB, LINK and more were transferred from the bridge. Withdrawals and deposits have been suspended, and Justin Sun has said HTX will fully compensate users for any losses
New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live
21.11.2023
Blast boasts prominent investors Paradigm and eGirl Capital among others, but there’s no way to withdraw funds until February
How does XRP bridge the gap in global financial transactions?
21.11.2023
In recent years, XRP has revolutionized the world of global financial transactions due to various outstanding and appealing features such as blazing-fast speed in executing transactions, improved profitability for investors, etc. As a notable and fast-thriving digital asset, the way XRP makes...
Ondo and Axelar Join Forces for Ondo Bridge
13.11.2023
Tokenized secure note issuer Ondo Finance and Web3 cross-chain platform Axelar came together Monday, November 13th to unveil Ondo Bridge, a cross-chain mechanism designed to facilitate easy transfers of Ondo tokens across blockchains. “A superior and safer yield-generating stablecoin”...
After COTI’s Bridge deployment, gCOTI now debuts on Uniswap V2
9.11.2023
gCOTI is currently available on Uniswap V2, a leading decentralized exchange (DEX) that operates on the Ethereum blockchain. The gCOTI token had been successfully implemented on the COTI’s Bridge prior to this operation. Users will be granted the opportunity to contribute their portion...
Kadena to host Fusion Bridge
7.11.2023
Zelcore Technologies and eckoDAO have joined hands to bring the Fusion Bridge into the ecosystem of Kadena. The objective is to fuel the evolution of the ecosystem with an indispensable tool that the community has been waiting for a long time. It comes as a response to the growing demands of...
Multichain Bridge Exploit: Trader’s $280K Becomes $1.9 M Windfall
2.11.2023
A wallet address has managed to transform nearly 1.9 million Fantom tokens, initially worth $280,000, into $1.9 million after the long-frozen Multichain Bridge momentarily opened. The Multichain Bridge, which had been inactive since its exploitation back in July 2023, opened and quickly closed...
8 Best Real-World Asset Tokens to Buy in 2023
26.10.2023
Real-world asset tokens are a growing trend in the cryptocurrency market. They represent tokenized projects with a tangible presence in the physical world – ensuring solid utility and use cases. This guide explores the best real-world asset tokens to buy right now. Read on to discover...
holoride delivers holoride Ethereum Bridge on MultiversX
26.10.2023
holoride has come out with its holoride Ethereum Bridge. For the company, MultiversX is their prime hub, and the building of the link with Ethereum is part of their game plan for furthering the holoride universe. According to holoride, their consumers are highly integrated with the MultiversX...
Triple-A Raises $10 Million in Series A to Bridge the Gap Between Traditional Finance and Blockchain Payments
25.10.2023
Singapore-based digital currency payments firm Triple-A has completed a $10 million Series A funding round.
The round was led by returning investors Peak XV, formerly known as Sequoia India and Southeast Asia, with strategic support from Shorooq Partners, a venture firm focused on the MENA...
Linea releases its new ERC20 token bridge for DeFi apps
23.10.2023
Linea has released its new ERC20 token bridge for DeFi applications. The announcement was made on the official X/Twitter account of Linea. According to the tweet, Linea has partnered with MetaMask, Circle, Transak, and Banxa for the bridge. Besides the bridge, the tweet also teased a limited-time...
The Death of Compromise, and a Way Forward for Crypto
18.10.2023
Kim Greenberg of CoinDesk Indices finds a lesson for crypto in LEGO
Now live: Y00ts cross-chain bridge to Ethereum
16.10.2023
Y00ts has announced that it has finally launched the bridge from Polygon to Ethereum. Users have until October 22, 2023, to complete the migration process. It can take up to an hour due to traffic. Hence, users may want to be quick in initiating the migration process. Y00ts is covering the gas fees...
Fluent Finance Partners With UAE to Develop Deposit Token Tech
14.10.2023
Fluent Finance, a US-based startup that aims to bridge banking and Web3, has announced that it will partner with the Ministry of Economy of the United Arab Emirates (UAE) to develop deposit token-based tech. The company, which takes advantage of the Nextgen FDI growth program, will open operations...