Bridge

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.

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.

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.

Orbit Chain Loses $81M in Cross-Chain Bridge Exploit
The hacked funds remain "unmoved" according to Orbit Chain.

The Death of Compromise, and a Way Forward for Crypto
Lessons for TradFi and DeFi from some toppled LEGO.

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.

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.

Connext Airdrop Marred by $38K Sybil Bot Attack
As many as 57,000 unique wallets registered for the airdrop.

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.

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.

