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Maiar decentralized crypto exchange goes offline after bug discovery
7.6.2022
The exchange has been taken offline due to the discovery of the bug and the team has implemented an “emergency fix” and updated the decentralized exchange
‘Other flavors of Tether’ will bridge users to USDT: Paolo Ardoino
26.5.2022
Through a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said
Injective partners with Wormhole to bring 10 new blockchains to the platform
26.5.2022
“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a button,” Injective Labs stated
Wormhole Bridge Expands to Cosmos Ecosystem
25.5.2022
The Jump-backed cross-chain connector will integrate with Injective, an EVM-compatible sidechain of Cosmos
Growth in Digital Assets Trade Puts the Spotlight on Blockchain Bridge Security Risks
20.5.2022
Adi Ben-Ari is the Founder and CEO of data security specialist Applied Blockchain. _______The exponential growth in the trade of digital assets across different blockchain platforms in recent years has been accompanied by the emergence of blockchain bridges, or token bridges, that create...
Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month
19.5.2022
Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have lost roughly 20.3% during...
Jump-Backed Wormhole Bridge Expands to Algorand Blockchain
17.5.2022
The cross-chain bridge is hoping to capture some of Algorand’s $136 million in DeFi TVL
Trek To Yomi Sure Does Love Having You Cross Bridges
14.5.2022
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SafeGram: Crypto-to-Fiat Bridge that Makes Off-Ramping Easier!
6.5.2022
The concept of off-ramping from crypto-to-fiat is not new, and investors are doing that regularly. They need to do it for convenience, whether to pay their utility bills, pay their taxes, or whatever the case may be. Even in the fast-paced, innovative world that is crypto, however, not a single...
Polkadot launches cross-chain messaging system to solve blockchain’s bridge problem
4.5.2022
Bridges have become one of the largest points of failure in the crypto industry. Polkadot wants to do away with them
Report: Two South Koreans Paid in Bitcoin to Spy for North Korea
4.5.2022
South Korean law enforcement recently announced the arrest of a serving military captain and an operator of a cryptocurrency exchange on charges of spying for a North Korean hacker. In return for the acts of espionage, the two South Korean individuals were allegedly paid bitcoins worth a total...
Redesigned Axie Infinity's Ronin Bridge Delayed till Late May
28.4.2022
The Ronin bridge is being redesigned after a major hack last month, with the opening of the new bridge delayed till late May. The delay is necessary since the bridge will be built to secure “billions of dollars in assets,” a new update from the team behind the bridge has said....
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Report: $1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits
28.4.2022
According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits...
Binance recovers $5.8M in funds connected to Ronin bridge exploit
22.4.2022
Unfortunately, a vast majority of the stolen funds still remain in the hands of the hacker
Broxus CEO Vlad Ponomarev on Everscale and Developing a Universal Bridge Mechanism
22.4.2022
Everscale is the most scalable network in DeFi. With the capacity to process over a million transactions per second, Everscale is able to offer users some of the fastest transaction speeds paired with fractional fees. The Everscale ecosystem includes a cross-chain bridge platform with a unique...
Ethereum DeFi Staple MakerDAO Adds StarkNet Bridge in First Step Toward Multi-Chain
20.4.2022
Rebuilding Maker on StarkNet involves four phases, starting with a simple bridge that goes live on April 28
Lazarus Gets Banned by Tornado Cash for Hacking $600 Million From Axie Infinity’s Ronin Bridge
19.4.2022
Tornado Cash is a decentralized protocol that allows users to have a private Ethereum transaction on the network. Tornado Cash breaks the on-chain link between the source address and the destination address to keep transactions private. A smart contract is deployed to execute the private...
The integration of CeFi and DeFi through Binance Bridge 2.0
17.4.2022
Read this guide to learn how to bridge assets from any blockchain to BNB Chain using Binance Bridge 2.0
ETH Mixer Tornado Cash Reveals Blocking OFAC Sanctioned Ethereum Addresses via Chainalysis Oracle Contract
16.4.2022
According to the project’s official Twitter account, Tornado Cash, the ethereum mixing service that allows participants to shuffle ether, is blocking flagged ethereum addresses listed on the Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals And Blocked Persons...
OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus Group
15.4.2022
According to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus Group. Federal law enforcement officials have tied the flagged ethereum address connected with the Ronin bridge exploit...