DApp store for your wallet: Consensys readying cross-chain Metamask Snaps
The upcoming MetaMask Snaps will allow users to interact with different blockchains like Bitcoin and Solana from inside their MetaMask wallet. Go to Source
Cross-chain
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Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
The two protocols will implement a standard for issuers to control the “canonical” minting of tokens, helping to reduce losses from unofficial bridges. Go to Source Powered by WPeMatico
LSD for DeFi: Tenet, LayerZero partner to drive cross-chain liquid staking adoption
Cross-chain interoperability protocol LayerZero’s infrastructure aims to drive liquid staking adoption across the DeFi ecosystem. Go to Source Powered by WPeMatico
NFT marketplace enables cross-chain purchases on multiple networks
Nonfungible token marketplace NFTrade now supports cross-chain purchases on Ethereum, Polygon, Avalanche and BNB Chain. Go to Source Powered by WPeMatico
Blockchain developers launch $50M fund to increase Wormhole adoption
Wormhole is a cross-chain messaging protocol often used to transfer assets from one blockchain to another Go to Source Powered by WPeMatico
Zimbabwean Blockchain Startups Launch Service to Help Migrants Efficiently Move Funds Across Borders
Two Zimbabwean startups, Flexid and Uhuru Wallet, recently launched a platform that offers digital identity and remittance services to migrants living and working in South Africa. The two startups hailed what they’ve described as the “first cross-chain collaboration between the two companies.” Harnessing the Benefits of the Blockchain The Zimbabwean blockchain startup Flex ID and … Read more
‘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. Go to Source Powered by WPeMatico
Algorand upgrade boosts speed, adds trustless cross-chain communication
Algorand has increased its transaction speed, processing capacity and cross-chain functionality with a major upgrade. Go to Source Powered by WPeMatico
Cross-chains in the crosshairs: Hacks call for better defense mechanisms
Cryptocurrency security firms, decentralized finance and cross-chain platforms are stressing the importance of improved defense mechanisms after a spate of hacks and exploits targeting the ecosystem. Go to Source Powered by WPeMatico
Aave devs propose freezing Fantom integration, citing lack of traction and potential vulnerability
The Fantom market on Aave V3 adds just $30 each day to the DeFi protocol’s treasury; developers are also concerned that the integration creates security risks. Go to Source Powered by WPeMatico