Integrating Decentralized Cross-Chain Communication Makes Bridges ‘Substantially Safer’ — Flare Networks CEO

Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo Philion, the co-founder and CEO of Flare Networks, has argued. Philion insists that the lack of such secure solutions has constrained the […]

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Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin

Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to BitcoinWhile decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a new smart contract built on the RSK protocol, also offers a stablecoin token. An Attempt […]

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Defi for Bitcoin: Collateral Peg Platform Provides Noncustodial BTC Lending on Ethereum

Defi for Bitcoin - Collateral Peg Platform Provides Noncustodial BTC Lending on EthereumDuring the second week of February, a new project called tBTC was unveiled that is similar to the Wrapped Bitcoin (WBTC) created with the Ethereum network. However, the tBTC effort claims to be a noncustodial application that allows users to deposit BTC, mint tBTC, and lend it with interest. Also Read: Market Update: Bitcoin Halving […]

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Borderless From Block Collider Is a High-Speed DEX That Unites 5 Blockchains

Borderless From Block Collider is a High-Speed DEX That Unites 5 Major BlockchainsBorderless isn’t like other decentralized exchanges (DEXs). For one thing, it comes with its own blockchain – or rather the Block Collider chain comes with its own DEX. Throw in the ability to perform cross-chain transfers, block times that are 3x faster than Ethereum and no limits on order size, and Borderless would appear to […]

The post Borderless From Block Collider Is a High-Speed DEX That Unites 5 Blockchains appeared first on Bitcoin News.

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