Circle published a new standard that allows developers to launch an unofficial bridged version of USDC that can later become native and official.
Connext founder proposes ‘Sovereign Bridged Token’ standard after Multichain incident
EIP-7281 will allow token issuers to list official bridges and limit the rate at which they can mint tokens, potentially limiting losses from bridge hacks.
Coinbase layer-2 network Base closes in on mainnet launch
While a date for mainnet wasn’t announced, the Base team said it’s now fulfilled 4 out of 5 of their criteria for launch.
‘New frontier’ of crypto laundering involves cross-chain bridges and DEXs: Elliptic
Curve, Uniswap, 1inch, and the Ren bridge were the top platforms of choice for laundering illicit crypto, according to Elliptic.
Industry players respond to Vitalik Buterin’s thoughts on cross-chain ecosystems
“Interdependence between chains could create a domino effect that impacts multiple ecosystems if a single chain were to be attacked, but that certainly isn’t a reason to stop working on cross-chain innovations,” Komodo’s chief technology officer Kadan Stadelmann told Cointelegraph.