Tag: bridge
DeFi Privacy Bridge Aztec Connect Sunsets After Less Than a Year
“The immense research invested into Aztec Connect will be usable and indeed critical to the development of our next-gen product," wrote the Aztec team [...]
Silicon Valley Bank Clients Can Fully Access Funds After FDIC Creates New Bridge Bank
Loans and other services will resume on normal schedule Monday following a switch to a new bridge bank, the regulator said
www.coindesk.com [...]
Web3 app Kresus raises $25M to bridge consumers to blockchain
Web3 app developer Kresus has closed a $25 million funding round to support the development of its so-called SuperApp, potentially opening the door to [...]
Crypto Startup LI.FI Spins Up Bridge, DEX Aggregator
The retail-facing platform uses a non-custodial setup, CEO Philipp Zentner said.
www.coindesk.com [...]
Koii Labbs, Idexos launch middleware bridge aiming to replace CEXs
Attacks on bridge technology in 2022 led to the theft of $2.5 billion from decentralized finance (DeFi) protocols, according to a report by Token Term [...]
16 ways crypto leaders can help bridge the gap between Web3 and TradFi
When it comes to traditional finance, crypto and blockchain leaders are faced with something of a disconnect. TradFi firms are in one sense competitio [...]
XRP Ledger Proposes Cross-Chain Bridge to Increase Network and Token Utility
The proposal defines how changes to an account's transaction sequence can be made on the XRP Ledger to ensure the movement of tokens between XRP Ledge [...]
Binance and Huobi Freeze $1.4M in Crypto Tied to Harmony Bridge Theft
Federal investigators have credited North Korea’s infamous hacker wing the Lazarus Group with attacking the bridge as part of their multi-year campaig [...]
Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether
The exploiter is probably earning yields on staked cryptocurrency.
www.coindesk.com [...]
Wormhole wins second ‘temp check’ to become bridge for Uniswap governance
The Uniswap DAO has approved a second non-binding proposal, called a “temperature check,” to make Wormhole the official bridge for cross-chain governa [...]
Cross-Chain Bridge Wormhole Wins Vote Over LayerZero to be Uniswap’s Designated Blockchain Bridge to BNB Chain
The vote was technically a “signaling” proposal, meaning its passage does not automatically install Wormhole as Uniswap’s official BNB bridge. Instead [...]
Bridge Platform LayerZero Denies Allegations It Kept ‘Backdoor’ Secret
“A trusted-party vulnerability (also called a ’backdoor’) is an undisclosed capability of a trusted party, that can compromise the function of the sys [...]
Credit cards can bridge Web2 to Web3, says music industry exec
Last year proved that the Web3 space is not just a phenomenon but rather the future of digital interactions. However, as pervasive as the space has be [...]
North Korean hackers launder $27M ETH from Harmony Bridge attack
North Korean exploiters behind the Harmony Bridge attack continue to launder the funds stolen in June 2022. According to on-chain data revealed on Jan [...]
North Korean Hackers Behind $100 Million Horizon Bridge Theft
Horizon Bridge, a service enabling crypto assets to be traded between the Harmony blockchain and other blockchains, was drained of ether (ETH), tether [...]