Algorand has increased its transaction speed, processing capacity and cross-chain functionality with a major upgrade.
Cross-chains in the crosshairs: Hacks call for better defense mechanisms
Cryptocurrency security firms, decentralized finance and cross-chain platforms are stressing the importance of improved defense mechanisms after a spate of hacks and exploits targeting the ecosystem.
Aave devs propose freezing Fantom integration, citing lack of traction and potential vulnerability
The Fantom market on Aave v3 adds just $30 each day to the DeFi protocol’s treasury; developers are also concerned that the integration creates security risks.
Aurora pays $6M bug bounty to ethical security hacker through Immunefi
Over $200 million worth of users’ funds could have been at risk if the whitehat chose to exploit the vulnerability for personal gain instead of reporting it to developers.
Harmony launches Bored Ape Yacht Club NFT Passport
Announced live at ETH Denver, the upcoming NFT Passports also feature cross-chain support.
Interchain Accounts is the biggest upgrade to Cosmos since Stargate
The protocols would enable nearly all aspects of data sharing between blockchain protocols, such as oracle data, governance voting, etc.
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.
Polkadot eyes breakout to $75 after DOT price rally sets up classic bullish reversal
The inverted head and shoulders pattern hints at a decisive breakout move in the Polkadot market.
Risk-averse Ethereum traders use this options strategy to increase exposure to ETH
The Iron Condor options strategy gives risk-averse traders a safer way to profit from a potential $3,400 to $5,400 ETH price.
Possible ‘white hat hacker’ exploits THORchain for $8M, proposes 10% bounty
The white-hat hacker claims to have mercifully minimized the damage of their $8 million exploit in a bid to teach THORChain a lesson.
ChainSwap announces compensation and ‘deep audit’ plan after $8M exploit
The project will airdrop governance tokens to holders according to balances prior to the hack.
Composable Finance raises $7M for cross-chain and cross-layer DeFi interoperability
Composable Finance has secured funding from several blockchain investment firms as it seeks to foster greater interoperability in the emerging decentralized finance market.
The biggest event in crypto this week ISN’T Coinbase’s IPO: Erik Voorhees
The first truly native cross-chain DEX is about to go live.
C.R.E.A.M. launches Iron Bank flash loans, eyes cross-chain capital efficiency
Iron Bank is ready to re-enter the spotlight after the Alpha Homura hack, and plans are underway to take the lending protocol to new heights.
Cosmos launches Inter-Blockchain Communication to enable cross-chain DeFi
Cosmos is now building a cross-chain DEX for IBC-enabled blockchains, dubbed Gravity