Bridge

chainlink-aims-to-make-transfers-across-blockchains-safer-with-new-bridge-app-‘transporter’
Posted by | April 11, 2024
Chainlink Aims to Make Transfers Across Blockchains Safer with New Bridge App ‘Transporter’

The bridge uses Chainlink's CCIP tech, which is used by SWIFT, to move a large value of tokens and critical messages safely across blockchains. Bridges serve a key role in...

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Posted by | January 17, 2024
Socket, Bungee Restart Operations After Apparent $3.3M Exploit

Interoperability service Socket and its bridging platform Bungee restarted operations early Wednesday after an apparent $3.3 million exploit led to a temporary pause in trading activity. The incident occurred as...

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Posted by | January 2, 2024
Orbit Chain Loses $81M in Cross-Chain Bridge Exploit

Orbit Chain, a platform that communicates and transacts with various blockchains, has lost $81 million after hackers exploited the platform's cross-chain bridge. The project confirmed the hack in a post...

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canto,-astar-blockchains-plan-migration-to-ethereum-ecoystem-as-layer-2s
Posted by | September 18, 2023
Canto, Astar blockchains plan migration to Ethereum ecoystem as layer 2s

Cosmos-native layer-1 blockchain Canto has become the latest chain to migrate to Ethereum as a layer 2 zero-knowledge rollup, after another layer-1 blockchain, Astar, announced similar plans moving from the...

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canto,-astar-blockchains-plan-expansion-to-ethereum-ecosystem-as-layer-2s
Posted by | September 18, 2023
Canto, Astar blockchains plan expansion to Ethereum ecosystem as layer 2s

Updated to clarify that Astar Network is expanding to Ethereum, not leaving the Polkadot ecosystemCosmos-native layer-1 blockchain Canto has become the latest chain to migrate to Ethereum as a layer...

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coinbase,-framework-venture-funds-invest-$5m-in-socket-protocol,-in-bet-on-blockchain-interoperability
Posted by | September 6, 2023
Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability

Socket, a protocol aimed at enhancing communication between blockchains, has raised $5 million from the crypto-friendly venture-capital funds Coinbase Ventures and Framework Ventures.The new capital will expand Socket’s work with...

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connext-airdrop-marred-by-$38k-sybil-bot-attack
Posted by | September 5, 2023
Connext Airdrop Marred by $38K Sybil Bot Attack

Connext Network, a protocol that interacts with native blockchain bridges to optimize security, is the subject of intense scrutiny after one wallet appears to have exploited the protocol's native token...

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usdc-will-launch-natively-on-base-network-‘next-week’-—-jeremy-allaire
Posted by | August 29, 2023
USDC will launch natively on Base network ‘next week’ — Jeremy Allaire

Circle announced that a Base version of its USDC stablecoin would be available soon, eventually eliminating the need for the USDbC bridged version. 2436 Total views 9 Total shares Circle’s...

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multichain-victims-search-for-answers-in-$1.5b-exploit-as-new-evidence-emerges
Posted by | August 23, 2023
Multichain victims search for answers in $1.5B exploit as new evidence emerges

On July 14, developers of the $1.5-billion Chinese cross-chain protocol Multichain confirmed users’ worst fears. The protocol’s CEO, identified only as “Zhaojun He,” was arrested by Chinese authorities in Kunming...

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defi-broker-prime-protocol-introduces-bridgeless-cross-chain-token-transfers
Posted by | May 9, 2023
DeFi Broker Prime Protocol Introduces Bridgeless Cross-Chain Token Transfers

Elizabeth Napolitano is a news reporter at CoinDesk. Prime Protocol, a decentralized finance-based (DeFi) prime brokerage, has released an asset-based lending services that aims to eliminate the need for inter-blockchain...

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