1 / 1 Relevant items tagged with #CrossChainBridge

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Crypto mixers and crosschain bridges: How hackers launder stolen assets

[Mar 10 11:10 AM] Crypto mixers and crosschain bridges help criminals obscure stolen funds, making it harder for investigators to trace illicit transactions.

Flow Traders, Wormhole partner to boost cross-chain liquidity

[Oct 30, 2024 7:05 PM] Flow Traders will buy a stake in Wormhole and facilitate cross-chain crypto swaps. 

Ronin to secure cross-chain bridge with Chainlink CCIP

[Oct 10, 2024 2:00 PM] Ronin said the Chainlink CCIP integration would reinforce its bridge’s security and free up resources to accelerate Its adoption. 

Brevan Howard-Backed Tokenization Firm Libre Arrives on NEAR Blockchain

[Sep 2, 2024 11:00 AM] NEAR Protocol’s cross-chain signing feature will allow users on multiple blockchains to transact with Libre’s selection of tokenized credit and hedge funds.

BNB Chain to grow stablecoin ecosystem with new cross-chain bridge

[Aug 28, 2024 12:00 PM] BNB Chain will also create a liquidity pool to allow transfers from other chains as part of its efforts to grow its stablecoin ecosystem. 

Wormhole’s W Token Is Paying Out 999% a Week on Solana Protocol Kamino

[Apr 4, 2024 1:43 AM] The Solana DeFi application Kamino is offering a weekly yield of more than 999%, paid out in W and JTO tokens.

Wormhole Debuts at $3B Valuation in 617M Token Airdrop

[Apr 3, 2024 6:00 AM] Cross-chain bridge Wormhole initiated an airdrop that will see early users rewarded with 617 million of its newly issued governance token, W

Heco Bridge Hacker Moves $137 Million in Stolen ETH to Tornado Cash

[Mar 24, 2024 9:05 AM] In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge connecting Ethereum and the Heco blockchain, transferred…

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

[Jan 2, 2024 6:39 AM] Orbit Chain, a platform that interacts and transacts with various blockchains, has lost $81 million after hackers exploited the platform's cross-chain bridge.

IOTA’s ShimmerEVM Bolsters Onboards Cross-Chain Capabilities With LayerZero's Technology

[Dec 27, 2023 6:00 AM] The Shimmer bridge, a tool that transfers value between different blockchains that connect to LayerZero, will launch today.

Heco Bridge Breach Drains $86 Million — Justin Sun’s HTX-Linked Venture Faces Major Security Setback

[Nov 22, 2023 9:00 AM] Numerous sources have reported that the Heco Bridge, a cross-chain conduit linking Ethereum with the Heco blockchain, has suffered a security breach, resulting in a loss of $86 million. Subsequent to the heist, the stolen funds were redirected to…

Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability

[Sep 6, 2023 10:00 AM] The fundraise comes as interoperability protocols have attracted investors, despite the bear market.

Multichain's ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis

[Jul 10, 2023 11:08 PM] Chainalysis told Cointelegraph that they were “describing it as a possible rug pull,” based on an analysis of Multichain’s spurious transactions and internal problems.

‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World

[Jun 21, 2023 9:30 AM] 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.

Cross-Chain Bridge deBridge Launches App for Trading Without Liquidity Pools

[Jun 15, 2023 6:00 AM] The DLN app is now live with support for Ethereum, Arbitrum, Polygon, Fantom, BNB Chain, and Avalanche.

Japanese Banking Giant MUFG to Deploy Stablecoins on Public Blockchains

[Jun 5, 2023 9:30 PM] Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan, announced its plans to deploy and distribute bank-backed stablecoins on different public blockchains. The Japanese bank has partnered with Datachain, a blockchain interoperability…

Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted

[Jun 2, 2023 11:31 AM] 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…

Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool

[May 24, 2023 9:32 AM] The Fantom Foundation – the team developing the Fantom blockchain – removed millions of dollars in liquidity from a trading pool for the native token of Multichain on Wednesday, compounding concerns over the cross-chain bridging protocol’s…

DeFi Broker Prime Protocol Introduces Bridgeless Cross-Chain Token Transfers

[May 9, 2023 9:00 AM] The protocol aims to eliminate the need for token bridges, wraps and swaps to make moving crypto tokens between blockchains safer.

Developers Propose Cross-Chain Bridge for XRPL Network to Enhance Blockchain Interoperability

[Feb 23, 2023 2:30 PM] Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines…

Alameda-Funded Ren Tells Users to ‘Bridge Back to Native Chains’ as It Sunsets 1.0 Platform

[Dec 8, 2022 12:30 PM] According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership, Alameda acquired Ren and was funding development every…