The interoperability protocol indicated that there will be a series of airdrops.
Orbit Chain Loses $81M in Cross-Chain Bridge Exploit
Orbit Chain, a platform that interacts and transacts with various blockchains, has lost $81 million after hackers exploited the platform’s cross-chain bridge.
Cross Chain Swap Token FLIP More Than Doubles on First Day of Trading
FLIP, the native token of cross-chain swap platform ChainFlip, surged more than 150% to as high as $5.94 on its first day of trading.
Examining dYdX’s Path to Profitable DeFi
Chainlink hits Ethereum layer 2 Arbitrum for cross-chain DApp development
Chainlink’s CCIP protocol has launched on Ethereum layer 2 Arbitrum One to help developers build cross-chain decentralized applications.
Is 2023 the year genuine cross-chain interoperability takes off?
Blockchains need to become interoperable in order for the industry to truly flourish and several innovations will accelerate the ecosystem towards it, say executives.
Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability
The fundraise comes as interoperability protocols have attracted investors, despite the bear market.
DApp store for your wallet: Consensys readying cross-chain Metamask Snaps
The upcoming MetaMask Snaps will allow users to interact with different blockchains like Bitcoin and Solana from inside their MetaMask wallet.
Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
The two protocols will implement a standard for issuers to control the “canonical” minting of tokens, helping to reduce losses from unofficial bridges.
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.
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.
‘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.
LSD for DeFi: Tenet, LayerZero partner to drive cross-chain liquid staking adoption
Cross-chain interoperability protocol LayerZero’s infrastructure aims to drive liquid staking adoption across the DeFi ecosystem.
NFT marketplace enables cross-chain purchases on multiple networks
Nonfungible token marketplace NFTrade now supports cross-chain purchases on Ethereum, Polygon, Avalanche and BNB Chain.
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.
Borderless Capital Leads Wormhole-Powered $50M Cross-Chain Fund
Among the other investors are Jump Crypto, Arrington Capital, the Solana Foundation and Aptos Labs.
A ‘Super App’ May Be Web3’s Super Power
Crypto Protocol LayerZero Raises $120M Series B at $3B Valuation
The cross-chain interoperability and messaging protocol last raised funds in March 2022 at a $1 billion valuation.
Axelar Introduces Virtual Machine for Developers Building Cross-Chain Crypto Apps
Axelar describes its new VM as Kubernetes for Web3.
‘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.