Cross-Chain


Tech

Ethereum Developers Release New Initiative to Simplify Cross-Chain Transactions

Called the Open Intents Framework, the new scheme aims to bring “intents” to all corners of the Ethereum ecosystem.

The Open Intents Framework is a new initiative created by Ethereum ecosystem leaders to simplify and standardize cross-chain token transfers.  (Akinori UEMURA/Unsplash)

Markets

CAT, MOG, SHIB Among Meme Tokens Added to Chainlink Services

Offering on various networks increases visibility and distribution for a token, helping drive investment and usage among network users.

(Chainlink)

Finance

LayerZero Takes Snapshot as Airdrop Draws Closer

The interoperability protocol indicated that there will be a series of airdrops.

LayerZero co-founders CTO Ryan Zarick and CEO Bryan Pellegrino (Chung Chow, BIV)

Finance

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

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

Bridge (Charlie Green/Unsplash)

Markets

Cross Chain Swap Token FLIP More Than Doubles on First Day of Trading

The token received praise from THORChain developers.

ChainFlip jumps 150% (Alicia Quan/Unsplash)

Opinion

Examining dYdX’s Path to Profitable DeFi

Axelar's Galen Moore provides a front-row seat to changes afoot at dYdX as the popular decentralized trading platform builds on Cosmos.

dYdX CEO Antonio Juliano (Danny Nelson/CoinDesk)

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

Wormhole Launches New Blockchain Connecting to Any Cosmos Appchain

The Wormhole Gateway is designed to make it easier for developers and users to on-ramp liquidity into the Cosmos ecosystem.

(Getty Images)

Tech

Cross-Chain Protocol Axelar to Develop Web3 Services With Microsoft Azure

Axelar said further plans with Microsoft include connecting private and public blockchains that use OpenAI services to create Web3 products.

(Shutterstock)

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)

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