Topline An explosion set fire to and destroyed sections of Russia’s only bridge to Crimea, isolating Russia and its troops from the critical Black Sea peninsula at a critical moment in the war, though...
Tag: Bridge
BSC Paused on Possible Binance Bridge Exploit – crypto.news
Following an attempt on its cross-chain bridge, Binance has announced the suspension of the Binance Smart Chain (BSC). The new development comes following an exploit that resulted in the loss of an es...
Here’s How Binance Bridge Attacker Pulled Off $566 Million Hack
Alex Dovbnya A reputable white-hat hacker has explained how the Binance Bridge attacker managed to pull off the massive hack Earlier today, attackers reportedly managed to steal 2 million BNB tokens (...
Russian Has One Main Bridge Into Southern Ukraine. Someone Just Blew It Up.
The Kerch Bridge. Wikimedia Comnons photo In 2016, a Russian firm began building a bridge from mainland Russia to the Russian-occupied Crimean Peninsula, which Russian forces had seized from Ukraine t...
Cryptocurrency Bearish Correction Sees BTC Drop Below $20K Today Following the Binance Bridge Exploit, ETH Holds Over $1,300
This Friday, cryptocurrency markets are exhibiting a modest negative correction as the market valuation fell by $20 billion from $960 billion yesterday to $946 billion. While Bitcoin fell below $20k t...
BNB Chain suspends network following $100M cross-chain bridge exploit
Rumors of a significant exploit on the BNB Chain were confirmed by the blockchain’s team, with all deposits and withdrawals suspended on the network. BNB Chain, the blockchain of crypto exchange Binan...
Binance looking to spend $1B on deals in 2022; 2 million BNB stolen in BSC bridge hack
The biggest news in the cryptosphere for Oct.7 includes Binance fixing the BSC bridge exploit after 2 million BNB were stolen, Bitcoin’s sinking following new U.S. payroll data, and the second group o...
BNB Chain Resumes Operations After $100M Cross-Chain Bridge Exploit
BNB Chain, the network which powers BNB Beacon Chain (BEP2) and BNB Smart Chain (BEP20 or BSC), has resumed operations following an attack on its cross-chain bridge, BSC Token Hub, draining around $10...
Web3 must bridge back into Web2 for real cash flows — Checkout.com VP
“The seamless payments infrastructure and user experience derived from Web2 will be the backbone of Web3’s success,” said Max Rothman. The real economic utility of Web3 — a broad term that refers to s...
BNB Chain’s $566M Hack: Binance Network’s Major Bridge Attack Unpacked
Key Takeaways BNB Chain suffered a $566 million exploit Thursday after a hacker tricked the BSC Token Hub bridge into sending them two million BNB. The hacker took a novel approach to siphon the funds...
Binance resumes BSC bridge operation after 2M BNB exploit
The BNB Smart Chain resumed its operations shortly after an attacker drained 2 million BNB from the cross-chain bridge. Binance announced the suspension of deposits and withdrawals from its BNB chain ...
Binance Coin Worth $100 Million Stolen In A Bridge Attack
In the latest development, Binance Coin (BNB) the native cryptocurrency of the Binance blockchain faced a major exploit with hackers stealing $100 million worth of BNB tokens. The exploit occurred on ...
Binance Bridge Hack, BNB Chain Live Updates
In yet another incident of crypto exploit, the news of Binance Bridge Hack broke few hours after the incident took place early on Friday. The Binance smart chain (BSC) network was temporarily suspende...
Bridge Liquidity Paradox: It’s Not Always Water Under the Bridge
Bridge Liquidity Paradox: More often than not, TVL is just a vanity metric – bridges should revisit their approach to liquidity aggregation, laying greater emphasis on capital efficiency and dynamic r...
LBLOCK Price Pump Ahead – Lucky Block Ethereum Bridge Launches on 3rd October
Join Our Telegram channel to stay up to date on breaking news coverage With Lucky Block being ranked as the number one NFT competition platform, the platform is now gearing up for a big leap. A boom i...
Ethereum scaling and bridge solution Aurora pays out $2 million in bug bounties
Aurora paid out $2 million to a pair of hackers who identified critical vulnerabilities. The EVM scaling and bridge solution has fixed the issues and no users funds were lost. The two $1 million bount...
Layer by Layer Issue 47: Polkadot, Algorand, and Avalanche
September 29, 2022, 1:46PM EDT • 17 min read Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and br...
Wanchain Launches Cross-chain USDT XFlows with Bridge Upgrade
Place/Date: London, UK – September 28th, 2022 at 1:00 pm UTC · 3 min read Contact: Temujin Louie, Source: Wanchain Photo: Wanchain Wanchain has announced its new ‘XFlows’ cross-chain bridge upgr...
Octus Bridge joins Solana ecosystem, rises to the most popular platform
Cross-chain asset transfer platform Octus Bridge has added Solana to its growing list of supported networks. Powered by the Everscale network, Octus Bridge facilitates lightning-fast liquidity transfe...
Hulu Orders Limited True-Crime Series ‘Under The Bridge’
In this photo illustration, the Hulu media service provider’s logo is displayed on the screen of a … [+] television on January 10, 2019 in Paris, France. (Photo by Illustration by Chesnot/...
Komodo’s AtomicDEX bridge will now connect Cosmos to hundreds of blockchains
Komodo has integrated Cosmos on AtomicDEX to connect the Cosmos ecosystem to other blockchain networks. Komodo’s AtomicDEX is a cross-chain protocol, DEX, and non-custodial wallet that supports both U...
Harmony Updates Horizon Bridge Asset Recovery Plan – crypto.news
Harmony released an update concerning its Horizon bridge asset recovery proposal on September 23, 2022. The team is proposing not to mint more $ONE tokens or change its tokenomics with a hard fork of ...
Harmony announces update on Horizon Bridge attack recovery plan
The Harmony protocol team announced an update for its community and partners regarding its asset-recovery proposal, intending to preserve Harmony’s blockchain without minting new tokens, following the...
Harmony Publishes Revamped Horizon Bridge Recovery Plan
The team behind the Harmony protocol have presented a fresh proposal for the recovery of assets lost in the $100 million hacking attack on the Horizon Bridge in June this year. Harmony initially propo...
Covalent Rolls Out Educational Program to Bridge Skills Gap in Web3
Covalent, a Web3 data provider that is backed by Binance Labs and Coinbase Ventures, launched a program aimed at bridging the data analytics skills gap for workers in Web3. Since data is considered a...
Blockchain Can Bridge Consumption to Consciousness in the Jewelry Industry – crypto.news
The Covid-19 pandemic induced economic turmoil did a number on several industries and sectors. In some, it was very well documented and discussed, the most notable being blockchain and stocks. Though ...
White Hat Discovers Massive Vulnerability in ETH to Arbitrum Bridge
White Hat recognized the huge Vulnerability in ETH to Arbitrum Bridge. White Hat received 400 ETH in reward for recognizing the vulnerability. Globally popular hacker foundation Whit...
White hat finds huge vulnerability in Ethereum–Arbitrum bridge: Wen max bounty?
A self-described white hat hacker has uncovered a “multi-million dollar vulnerability” in the bridge linking Ethereum and Arbitrum Nitro and received a 400 Ether (ETH) bounty for their find. Known as ...
Web3 Won’t Go Mainstream Until There Is Seamless Blockchain Integration: With More and More Bridge Attacks, What Does This Mean?
– Advertisement – Back in March 2022, the cryptocurrency network Ronin revealed it had fallen victim to one of the biggest hacks of all time, suffering a breach that allowed attackers to s...
Ethereum Fork ETHPoW Suffers Bridge Replay Exploit, Token Tanks 37%
ETHPoW, the proof-of-work blockchain forked from Ethereum that went live shortly after Ethereum’s transition to proof-of-stake (PoS) last week, has fallen victim to a replay exploit that resulted in a...
OviO Platform Launches New Apps to Bridge Web2 and Web3 Gaming Ecosystems
Vladislav Sopov OviO instruments are designed to facilitate seamless value transfer between centralized and decentralized protocols for e-gaming Contents OviO advances value transfer between Web2 and ...