Coinbase layer-2 network Base closes in on mainnet launch

Base, a new layer 2 application-focused protocol by Coinbase has just one criteria left to fulfil  before being ready for mainnet launch. On June 29, the team said the Optimism-powered, Ethereum-secured network has been subject to six months of rigorous security audits — both internally and externally — its second-last criteria required for launch. “With [...]

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Visa Reports Record-Breaking Cryptocurrency Thefts in 2022

Visa's biannual threat report reveals that over $3 billion was stolen in cryptocurrency thefts in 2022, with token bridges being a common target. The report also details a phishing campaign targeting crypto exchanges. (Read More)

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Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain

The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours. Defi Value Swells Close to 2% Higher to Over $50 Billion With [...]

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North Korea Is Targeting Crypto Hodlings – Are Your Funds Safe? 

The cryptocurrency market took a huge hacking hit in 2022, with investors losing millions of dollars and regulators calling for increased consumer protection. According to [...]

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Illicit cross-chain transfers expected to grow to $10B: Here's how to prevent them

Forecasts predict cryptocurrency criminals laundering more than $10 billion through cross-chain bridges by 2025, leading to calls for holistic screening solutions.

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Report: Half of all DeFi exploits are cross-bridge hacks

Over $2.5 billion have been stolen from cross-chain bridges in the past two years.

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‘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.

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Web3 Aggregator Tezsure Launches Bridge Between Ethereum, Tezos

Tezsure has launched its Plenty bridge to create a link between Ethereum and Tezos. Crypto transfers will just take five ...

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Coinbase and FTX Enhance Blockchain To Avoid Crypto Bridge Hacks

Coinbase and FTX provide tech alternatives to avoid crypto bridges. Wormhole and Ronin bridge are some of the hacking incidents ...

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Polkadot Aims To “Bridge” Crypto’s Bridge Issue With XCM Messaging

Polkadot has launched a brand-new cross-chain communications protocol, stating that it will help get rid of problematic bridging mechanisms. XCM ...

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About Blockchain Bridges…

Cryptographic forms of money are bound to their separate blockchains and accordingly can’t be moved to another blockchain. This siloed structure makes the requirement for an answer that permits clients to execute in one cryptocurrency on an alternate crypto’s blockchain. This is the place where blockchain spans come in. They are between blockchain applications that … Continue reading About Blockchain Bridges… →

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Stacks’ Mitchell Cuevas talks building integrated DeFi bridges for Bitcoin users

“It’s unlikely that a native on-chain solution will supersede [layer-one] solutions like Stacks,” said Mitchell Cuevas, head of growth at the Stacks Foundation.

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How to swap assets between blockchains fast and safely? 

No matter your experience level in Crypto, you have most likely faced problems when transferring your assets across different blockchain ...

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Wanchain Integrates Polkadot, Pushes DeFi Forward

Wanchain launches the first cross-chain bridge that links blockchains to DOT. With this, developers on other blockchains can integrate DOT ...

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These Ethereum Bridges Represent Over $7.7 Billion in TVL Today

As the Ethereum blockchain continues to experience scaling and transaction fees issues, exploring alternative ecosystems becomes necessary. However, many blockchains want to provide support for Ethereum-based applications and developers. Therefore, it has given rise to various Ethereum bridges to create an interconnected blockchain industry.  Ethereum Bridges Gain Momentum Instead of creating more siloed environments in […]

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BitVM Just Got A Massive Upgrade

The BitLayer Finality Bridge is Delivering On The Promises of BitVM - While still far from a fully trustless system, the progress made over the past year is remarkable

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Blockchains need an interoperable standard to evolve, say crypto execs

Blockchains without interoperability are like computers without an internet connection — incapable of transferring data and value, a Chainlink Labs executive says.

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Exploring Cross-Chain Bridges: Enhancing Blockchain Interoperability

Cross-chain bridges facilitate secure data and asset sharing between blockchains, enhancing interoperability, DeFi opportunities, and user flexibility within the blockchain ecosystem. (Read More)

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World Mobile launches Ethereum and BNB Chain bridges, strengthening multichain strategy

World Mobile (WMT), a global mobile network based on blockchain, has launched dedicated cross-chain bridges for Ethereum (ETH) and BNB Chain networks. According to an Aug. 3 statement, the newly launched cross-chain bridges align with World Mobile’s multichain strategy of exposing the crypto community to its growing ecosystem, as the bridges would allow users to […]

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Dfinity Foundation Launches Chain-Key Bitcoin, a Native Internet Computer BTC Derivative Token

On April 3, 2023, the Dfinity Foundation, a development team behind the Internet Computer (ICP) network, announced the launch of a native ICP token called “chain-key bitcoin” or “ckBTC.” The bitcoin derivative is backed 1:1 with the leading cryptocurrency asset. On Monday, Dfinity detailed that the technology “builds on the protocol-level integration with the Bitcoin [...]

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