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Bridge
As Multichain Wobbles, Some Fantom-Based DeFi Projects Flee Bridged Tokens
The actions showcase how Multichain’s faltering infrastructure and AWOL CEO are sending shockwaves through Fantom, the blockchain most heavily dependent on Multichain’s bridges.
Crypto Bridging Protocol Multichain ‘Unable to Contact’ CEO Zhaojun
Multichain's team says it cannot maintain some cross-chain bridges without getting access permissions from its AWOL chief.
Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl
With facts hard to come by, a coterie of crypto players are taking action.
DeFi Broker Prime Protocol Introduces Bridgeless Cross-Chain Token Transfers
The protocol aims to eliminate the need for token bridges, wraps and swaps to make moving crypto tokens between blockchains safer.
Cata Labs Raises $4.2M to Develop 'Bridging' Software
The round was led by Spartan Group and included participation from Robot Ventures, Maven 11, Alchemy Ventures, HashKey Capital, Circle Ventures and Superscrypt.
DeFi Privacy Bridge Aztec Connect Sunsets After Less Than a Year
The backing Aztec Network is open sourcing the bridge and moving on to next-generation products.
Crypto Startup LI.FI Spins Up Bridge, DEX Aggregator
The retail-facing platform uses a noncustodial setup, CEO Philipp Zentner said.
Bitcoin-Bridged to Avalanche Reaches Record Daily Mint of Over 2K BTC
Half of the BTC.b minted on Thursday have been moved to BENQI Finance, an Avalanche-based decentralized finance protocol.
Cross-Chain Protocol Swing Says ‘No-Code’ Product to Speed Up App Deployment
Decentralized applications that straddle multiple blockchains are becoming more common, though the cross-chain “bridges” often used to move digital assets back and forth between the different networks are frequently targeted by hackers.
Open-Source Protocol Ren Token Surges 18% Amid Rising Interest in Multichain Projects
In November, following the protocol's loss of funding from Alameda, Ren accelerated its shift from Ren 1.0 to a more efficient, secure version.
