Bridge

Bridge

Tech

OG Bitcoin L2 Stacks Is Getting a Major Overhaul

The Nakamoto update will decouple block production from Bitcoin itself, solving the problem of network congestion Stacks has had since it launched its mainnet in 2021.

(CoinDesk TV)

Tech

Chainlink Aims to Make Transfers Across Blockchains Safer with New Bridge App 'Transporter'

"Having a secure way to move both value and data across chains is something the blockchain industry has needed for years," Chainlink co-founder Sergey Nazarov said.

Chainlink co-founder Sergey Nazarov speaks at the project's SmartCon conference in Barcelona. (Chainlink)

Tech

Socket, Bungee Restart Operations After Apparent $3.3M Exploit

The platform experienced a security incident late Tuesday that affected wallets with infinite approvals to Socket contracts, developers said.

Fingers rest on a computer keyboard. (Shutterstock)

Finance

Orbit Chain Loses $81M in Cross-Chain Bridge Exploit

The hacked funds remain "unmoved" according to Orbit Chain.

Bridge (Charlie Green/Unsplash)

Markets

The Death of Compromise, and a Way Forward for Crypto

Lessons for TradFi and DeFi from some toppled LEGO.

(Amélie Mourichon/Unsplash)

Tech

Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability

The fundraise comes as "cross-chain" protocols from the companies including LayerZero and Chainlink have attracted investors, despite the bear market – assuming a future where blockchains are seamlessly interconnected.

Socket co-founders, Rishabh Khurana and Vaibhav Chellani (Socket)

Finance

DeFi Protocol Synapse Responds to Selling Pressure With 17% Bounce

Synapse's SYN token recovered its losses after 9 million were sold by a liquidity provider identified as Nima Capital by the protocol.

SYNUSD price chart (TradingView)

Finance

Connext Airdrop Marred by $38K Sybil Bot Attack

As many as 57,000 unique wallets registered for the airdrop.

Prime Protocol to eliminate need for cross-chain bridges (Charlie Green/Unsplash)

Finance

Crypto Lender Exactly Hit by $12M Bridge Exploit

The protocol becomes the latest in a long line of firms to be struck by a hack involving a cross-chain bridge.

Prime Protocol to eliminate need for cross-chain bridges (Charlie Green/Unsplash)

Tech

Shibarium Blockchain's Ethereum Bridge Goes Live for Testing as SHIB Tries to Shed Meme Coin Tag

The Shiba Inu-based layer 2 blockchain is expected to start operations next month.

A Shiba Inu, the breed which inspired Dogecoin. (Payless)