Tag: bridge
Pete Buttigieg has a bridge to sell you. Just don’t ask if it’s linked to a campaign.
Which is a big reason that Buttigieg was standing on that bridge in New Hampshire, flanked by Democratic incumbents Rep. Annie Kuster and Sen. Maggie [...]
Law enforcement recovers $30 million from Ronin Bridge hack with the help of Chainalysis
On Thursday, blockchain forensics firm Chainalysis said that law enforcement had recovered $30 million in crypto stolen from the $625 million Ronin Br [...]
Metaverse Scammers Have a Bridge to Sell You. This Financial Regulator Is Fighting Back
In order to stick it to the scammers, regulators must first identify them, Borg told CoinDesk. But doing so can be tough in the metaverse, where no-go [...]
Hacker tries to exploit bridge protocol, fails miserably: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant deve [...]
Hacker tries to exploit bridge protocol, fails miserably
Cross-chain bridges have increasingly become targeted by malicious entities. However, not all hackers can run away with millions in their exploit atte [...]
Hackers Lose 5 Ether While Trying to Attack Near Protocol’s Rainbow Bridge
This was possible because of how the Rainbow bridge works. As a wholly decentralized platform, Rainbow relies on several validators, called bridge rel [...]
Celer Network shuts down bridge over potential DNS hijacking
Interoperability protocol Celer Network (CELR) has asked its users to revoke the approval for several contracts after shutting down its cBridge over a [...]
Interlay launches trustless BTC stablecoin bridge on Polkadot
Interlay, a London-based blockchain firm, launched a Bitcoin (BTC)-based cross-chain bridge on Polkadot (DOT). Named interBTC (iBTC), the bridge allow [...]
88% of Nomad Bridge exploiters were ‘copycats’ — Report
Close to 90% of addresses taking part in the $186 million Nomad Bridge hack last week have been identified as “copycats,” making off with a total of $ [...]
Cross-chain bridge RenBridge laundered $540M in hacking proceeds: Elliptic
Cross-chain bridges have been the target of more than a few hacks this year, but new data from blockchain analytics provider Elliptic alleges one has [...]
Blockchain Analytics Platform Merkle Science Raises $19M to Take on Bridge Exploits
“We’re seeing a lot of bridge protocols getting hacked. A large amount of R&D needs to be invested in that area,” Merkle co-founder and CEO Mrigan [...]
White hat hackers have returned $32.6M worth of tokens to Nomad bridge
Mere hours after the Nomad token bridge published an Ethereum wallet address last week for the return of funds following a $190 million hack, whitehat [...]
$190 Million Stolen from Cryptocurrency Bridge Protocol Nomad
Another day, another cryptocurrency hack. This time, there was $190 million stolen from the cryptocurrency protocol known as Nomad. Hackers didn’t eve [...]
Solana and Nomad bridge fall prey to exploits losing millions
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant deve [...]
First Mover Asia: Crypto's ‘Learn-on-the-Fly’ Ethos on Display as Bridge Hack Damage Reaches $2B
Bitcoin and ether kept sliding, but barely. Meanwhile a corporate partnership announcement was enough to send Coinbase shares soaring (and short-selle [...]