Search Results for "cross-chain bridges"
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.
Sei WETH Holders Face Deadline as IBC Transfers Set to Shut Down
Approximately $133K in Wormhole-bridged WETH on Sei must be moved before governance vote disables IBC transfers as part of EVM-only transition.
Verus Ethereum Bridge Exploited for $11.58M in Crypto Theft
Attack on Verus Ethereum bridge drains $11.58M. Exploit highlights cross-chain vulnerability risks in crypto. ETH, USDC, tBTC affected.
Map Protocol (MAPO) Crashes 96% After Quadrillion Token Exploit
Map Protocol (MAPO) suffered a 96% price collapse after an attacker minted a quadrillion tokens through its cross-chain bridge, exposing systemic risks.
Crypto Exploit Losses Plummet 90% in May to $68.3M: CertiK
Crypto exploit losses dropped 90% in May to $68.3M, driven by reductions in bridge and code-based attacks, according to CertiK.
Cross-Chain Crime Hits $7B: North Korean Ties Unveiled
The recent revelation by Elliptic highlights a troubling surge in cross-chain crime, now amounting to $7 billion, with North Korean affiliated Lazarus Group playing a significant role. These findings from the 2023 edition of 'The State of Cross-chain Crime' report, outstrip previous forecasts, underscoring an urgent call for bolstered security measures and refined blockchain analytics to confront the escalating menace.
Greater Bay Area Blockchain Week 2021 to Showcase International Technological Bridges
A nearly week-long premiere virtual event will feature industry leaders discussing the most exciting use cases of blockchain application in fintech, healthtech, investment banking, supply chain etc., as well as strengthen links between China’s own Greater Bay Area and other countries.
Cardano to Launch ERC-20 Converter and Cross-Chain Communication for Interoperability Between Networks Including Bitcoin
Cardano founder and IOHK CEO Charles Hoskinson recently announced in his YouTube video that the current roadmap for the Shelley hard fork will be going according to plan, scheduled on July 29, 2020.
Chinese City Tests Blockchain-Powered Cross-Border Financial Platform
Nanning, a Southern Chinese City, located in Guangxi Region, has experimented with a blockchain-enabled cross-border financial platform.
Ant Group Launches Blockchain-Powered System to Help SMEs in Cross-Border Trade
China's Ant Group established a blockchain-enabled smart contract platform Trusple to assist small and medium enterprises (SMEs) for cross-border trades.
Australia Uses Blockchain to Enhance Cross Border Trade With Singapore
The Australian Border Force (ABF) is launching a blockchain trial that is targeted at enhancing cross border trades with Singapore
Thailand’s Bank of Ayudhya Unveils Blockchain-Based Platform for Cross-Border Funds Transfers
Smart contracts and blockchain play more of a key role in the economic and social growth of modern society. For example, Thailand’s Bank of Ayudhya demonstrates how the use of blockchain technology leverages cross-border funds transfers.
