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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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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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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