Cross-chain bridges can unlock tremendous potential in the crypto world. But, unfortunately, this technology has certain issues and the wrapped tokens they use. Portal wants to change that narrative b...
Tag: crosschain
Portal Cracks The Code To Solving Cross-Chain Value Transfers Without Putting User Assets At Risk
Although cross-chain bridges have proven useful so far, the time has come to look beyond these semi-archaic solutions. When suer funds are at stake, it is safe to say the approach may not be ideal. Po...
Wormhole hack illustrates danger of DeFi cross-chain bridges
Solana has become one of the fastest-growing smart contract blockchain networks since it was first officially launched in March 2020. The total value locked (TVL) on decentralized finance (DeFi) prot...
Hacker Siphons $80 Million From Qubit Cross-Chain Bridge, Largest Defi Exploit of 2022 to Date – Coinotizia
Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain ↔ Ethereum bridge called Qubit has been hacked for $80 million. Da...
Injective Protocol (INJ) rallies 100%+ after launching cross-chain support for Cosmos
Trading perpetual futures contracts in decentralized apps is a crypto sub-sector ripe for growth, especially as discussions of regulation, taxation and mandatory KYC at centralized exchanges continue ...
Tendermint’s cross-chain app store Emeris is launching an airdrop tracker
Emeris, Tendermint‘s cross-chain crypto app store, announced that it will launch a new product that will revolutionize airdrops. Called Airdrops Tracker, the product will act as a one-stop-shop for ai...
The Leading Cross-Chain Oracle in DeFi » NullTX
DeFi’s emergence highlighted the true capabilities of blockchain technology and showcased its utility in finance. With DeFi seeing a surge in growth, as more and more organizations and projects levera...
Kinesis Money Partners with XDC Network and Readies Cross-Chain Bridge To Develop Thriving Digital Asset Ecosystem » CryptoNinjas
XinFin, creators of the XDC Network — a highly interoperable hybrid blockchain platform positioned to support global trade and finance — today announces a partnership with the Kinesis Exchange, a glob...
Aperture Raises $5.3M to Build A Cross-chain DeFi Investment Ecosystem with A Marketplace for Strategies
Aperture, a cross-chain DeFi investment ecosystem, has successfully closed $5.3 million in seed and strategic round sale led by ParaFi Capital, Arrington Capital, Costanoa Ventures, and Divergence Ven...
cBridge to Enable Cross-Chain Bridging on Emerald Paratime
Celer has collaborated with the Oasis blockchain to incorporate cBridge into the Oasis Emerald ParaTime, an EVM-Compatible ParaTime on the Oasis blockchain that provides a smart contract atmosphere wi...
Cross-chain Bridge Hack of Meter Sees $4.4M Stolen
Meter, an infrastructure provider for DeFi, is urging a hacker who exploited a deposit mechanism to return the $4.4M of stolen funds. A blockchain infrastructure company that operates in the Decentral...
Cross-chain trade router Swing adds support for Binance Smart Chain
Swing, a cross-chain infrastructure platform to trade and move crypto between blockchains, has announced that its cross-chain liquidity and bridging protocol, is now live on Binance Smart Chain (BSC)....
Cross-Chain Crypto Platform Hacked for Staggering $320,000,000 Worth of Ethereum (ETH)
A Solana-based blockchain bridge has been hacked to the tune of $320,000,000 worth of leading altcoin Ethereum (ETH). Wormhole, a cross-chain platform that allows users to transfer crypto assets betwe...
The Value of Cross-Chain Data with SupraOracles ⋆ ZyCrypto
Advertisement     Web 3.0 is pioneering decentralized and independent architecture. However, at present, we still live in a world where most information is aggregated ...
DeFi’s second-largest exploit costs cross-chain network Wormhole over $326M
While 2021 was inarguably the year of DeFi hacks, 2022 is fast catching up to its predecessor. Although January witnessed its fair share of crypto-crime, February may soon put it in its shadow. Especi...
Hacker Steals Over $323 Million Worth Of ETH From Cross-Chain Protocol Wormhole
Cross-chain protocol Wormhole experienced a significant hack after an attacker exploited a vulnerability in the protocol and stole nearly $323 million worth of ETH. Wormhole acts as a bridge between t...
Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
$323 million in ETH stolen from cross-chain protocol Wormhole
advertisement According to a series of etherscan transactions, an attacker has exploited Wormhole, a bridge between the Ethereum and Solana blockchains, for close to $323 million in ETH. Wormhole is a...
First cross-chain governance proposal passes on Aave
On Monday, the first cross-chain governance proposal passed on decentralized finance, or DeFi, borrowing and lending platform Aave (AAVE). According to DeFi Llama, the amount of total value locked on ...
Harmony bets on Bitcoin, Ethereum bridges to improve cross-chain ecosystem
Decentralized platform Harmony saw renewed traction this month. Its native cryptocurrency ONE reaped the benefits of this interest. After hitting a low of $0.13 on 4 December, the price of ONE rose by...
Celer Partners with Dforce to Enable Cross-Chain Bridging for DF and USX Through cBridge
Celer has announced another new collaboration with dForce. As cBridge’s total transaction volume reaches a new high of over $2.7 billion, Celer is adding support for more chains and protocols. Celer h...
Cross-chain bridge tokens moon as crypto shifts toward interoperability
Interoperability is shaping up to be one of the main themes for the cryptocurrency market in 2022 as projects across the ecosystem unveil integrations that make their networks Ethereum (ETH) Virtual M...
Bringing Cross-DEX & Cross-Chain Trading to DeFi
Primex Finance is a decentralized finance protocol for digital assets, which enables DEX-agnostic cross-margin trading with scoring systems. DeFi is one of the most successful areas of blockchain-base...
Hacker Siphons $80 Million From Qubit Cross-Chain Bridge, Largest Defi Exploit of 2022 to Date – Bitcoin News
Findings stemming from a recent report published by the security-focused blockchain firm Certik indicate that the Binance smart chain ↔ Ethereum bridge called Qubit has been hacked for $80 million. Da...
Crypto Goes Crosschain As Users Chase L1 Incentives
The crypto market has changed dramatically throughout the past year as volume, capital, TVL, and incentives migrate away from Ethereum and towards other layer one and layer two blockchains. This has l...
Gravity Bridge now powers cross-chain transfers for Cosmos/Ethereum ecosystems » CryptoNinjas
Recently, the community of the Cosmos blockchain ecosystem disclosed the deployment of the Cosmos Gravity Bridge, which will empower all IBC (inter-blockchain communication) Cosmos SDK-based chains to...
Cross-chain protocol Multichain bug gets exploited for $1.34 million
Quick Take A bug in cross-chain protocol Multichain has been exploited for $1.34 million, according to researchers. While the bug had already been fixed for new users, past users needed to take action...
MultiChain users at risk of Getting Hacked, as Six Cross-Chain Tokens Experiences Vulnerability
Multichain (previously Anyswap), a Cross-chain Router Protocol (CRP) that allows for on-chain asset interoperability, has warned its users that they might be at risk of getting hacked. To forestall th...
Vitalik bearish on cross-chain, dYdX decentralizing, Jan. 7–14
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. Despite the market printing bearish numbers for a second consecutive week, the industry is not short of bullish funda...
Vitalik Buterin on why cross-chain bridges will not be a part of the multi-chain future
In a much-publicized tweet this past week, Vitalik Buterin voiced his opposition to the use of cross-chain solutions by Ethereum and other blockchains, in favor of a multi-chain future. My argument fo...