The milestone highlights the demand for crypto users to transfer liquidity between chains and conduct cross-chain token swaps.
Wormhole Launches New Bridge 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.
Coinbase’s Base launches mainnet for builders, will onboard users in August
Base’s layer-2 mainnet has launched, allowing builders to deploy contracts, while users will be welcomed to the network in August.
Avail, Spun Out of Polygon, Launches Data Attestation Bridge to Ethereum
The move represents a step forward in Avail’s plan to help secondary networks in the Ethereum ecosystem to speed up their processing – by giving them an alternate way to store the data, and verify its existence and availability, besides storing it on the main blockchain.
Multichain MPC bridge sees $100M+ outflows, sparking fears of exploit
Some Multichain contracts on Ethereum suffered withdrawals of more than half of their deposits, causing on-chain sleuths to fear an exploit is underway.
Polygon 2.0 Roadmap Calls for ‘Unified Liquidity,’ Restaking, New Chains on Demand
The new Ethereum scaling solution’s architecture will include a shared bridge and a “coordination layer” that connects all of Polygon’s chains, including an emphasis on zero-knowledge technology that has become one of this year’s hottest blockchain trends.
‘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.
Unveiling the Uniswap Foundation’s Bridge Report: Winners and Losers
Wormhole and Axelar take top honors after a months-long assessment process aimed at addressing concerns with Uniswap’s previous bridge selection practices.
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 Koppelmann.
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 has suffered days of issues amid swirling rumors over the fate of its team.
Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl
The crypto bridging service Multichain is coming under the microscope from Binance and other important outposts.
Blockchain developers launch $50M fund to increase Wormhole adoption
Wormhole is a cross-chain messaging protocol often used to transfer assets from one blockchain to another.
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, Maven11, 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 non-custodial setup, CEO Philipp Zentner said.
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.
BonqDAO protocol suffers $120M loss after oracle hack
An oracle hack allowed the exploiter to manipulate the price of the AllianceBlock token, leading to an estimated $120 million loss, according to Peckshield.