cross-chain bridge


Finance

Brevan Howard-Backed Tokenization Firm Libre Arrives on NEAR Blockchain

NEAR Protocol’s cross-chain signing feature will allow users on multiple blockchains to transact with Libre’s selection of tokenized credit and hedge funds.

Libre CEO Avtar Sehra (Libre)

Markets

Wormhole’s W Token Is Paying Out 999% a Week on Solana Protocol Kamino

The Solana DeFi application Kamino is offering a weekly yield of more than 999%, paid out in W and JTO tokens.

Wormhole (Genty/Pixabay)

Finance

Wormhole Debuts at $3B Valuation in 617M Token Airdrop

Based on the debut price, the project's W token has a fully diluted value of $16.5 billion.

Pyth issues token airdrop (ian dooley/Unsplash)

Finance

Orbit Chain Loses $81M in Cross-Chain Bridge Exploit

The hacked funds remain "unmoved" according to Orbit Chain.

Bridge (Charlie Green/Unsplash)

Tech

IOTA’s ShimmerEVM Bolsters Onboards Cross-Chain Capabilities With LayerZero's Technology

The Shimmer bridge, a tool that transfers value between different blockchains that connect to LayerZero, starts operating today.

Bridge (Alex Azabache/Unsplash)

Tech

Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability

The fundraise comes as "cross-chain" protocols from the companies including LayerZero and Chainlink have attracted investors, despite the bear market – assuming a future where blockchains are seamlessly interconnected.

Socket co-founders, Rishabh Khurana and Vaibhav Chellani (Socket)

Tech

‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World

Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it's there on a different chain, will go live on Starknet soon.

Eli Ben-Sasson, Co-founder and CEO of StarkWare (StarkWare)

Tech

Cross-Chain Bridge deBridge Launches App for Trading Without Liquidity Pools

The DLN app is now live with support for Ethereum, Arbitrum, Polygon, Fantom, BNB Chain, and Avalanche.

(AhmadArdity/Pixabay)

Opinion

Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted

The bridges that are essential to our multi-chain cryptoverse are vulnerable to hacks. But an analysis of some of the biggest exploits of the past year reveals that applying multiple security measures in combination could have blocked the attacks, writes Gnosis co-founder Martin Köppelmann.

New York City street view of multiple bridges and overpasses (Red Morley Hewitt/Unsplash)

Finance

Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool

Multichain’s current upgrade is taking longer than expected, causing delays in their transactions.

Zipmex to reopen withdrawals. (Regularguy/Unsplash)

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