Bridge

Bridge

Finanzen

DeFi Broker Prime Protocol Introduces Bridgeless Cross-Chain Token Transfers

The protocol aims to eliminate the need for token bridges, wraps and swaps to make moving crypto tokens between blockchains safer.

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

Finanzen

Cata Labs Raises $4.2M to Develop 'Bridging' Software

The round was led by Spartan Group and included participation from Robot Ventures, Maven 11, Alchemy Ventures, HashKey Capital, Circle Ventures and Superscrypt.

(Shubham Dhage/Unsplash)

Finanzen

DeFi Privacy Bridge Aztec Connect Sunsets After Less Than a Year

The backing Aztec Network is open sourcing the bridge and moving on to next-generation products.

LocalBItcoins is sunsetting its exchange. (Johannes Plenio/Unsplash)

Finanzen

Crypto Startup LI.FI Spins Up Bridge, DEX Aggregator

The retail-facing platform uses a noncustodial setup, CEO Philipp Zentner said.

LI.FI CEO Philipp Zentner (Danny Nelson/CoinDesk)

Märkte

Bitcoin-Bridged to Avalanche Reaches Record Daily Mint of Over 2K BTC

Half of the BTC.b minted on Thursday have been moved to BENQI Finance, an Avalanche-based decentralized finance protocol.

Interest in bridging BTC to Avalanche continues to swell. (Matthew Lancaster/Unsplash)

Technologie

Cross-Chain Protocol Swing Says ‘No-Code’ Product to Speed Up App Deployment

Decentralized applications that straddle multiple blockchains are becoming more common, though the cross-chain “bridges” often used to move digital assets back and forth between the different networks are frequently targeted by hackers.

Despite declining Wednesday, BTC may be in a potential upswing. (Luke Chui/Unsplash)

Märkte

Open-Source Protocol Ren Token Surges 18% Amid Rising Interest in Multichain Projects

In November, following the protocol's loss of funding from Alameda, Ren accelerated its shift from Ren 1.0 to a more efficient, secure version.

Crypto prices rallied on Friday (Gerd Altmann/Pixabay)

Märkte

Volt Inu Community Passes Vote for $75M Token Burn, Plans Polygon Network Expansion

Some 12 trillion VOLT were staked in favor of the token burn proposal.

(Christopher Burns, Unsplash)

Finanzen

Synapse Token Surges 44% as Cross-Chain Momentum Builds

The token has outperformed the broader DeFi sector since the turn of the year as investors flock to its cross-chain bridge.

Elliptic says RenBridge was used to launder $540 million in illicit funds. (Charlie Green/Unsplash)

Technologie

Wormhole Wins Vote to Be Uniswap’s Designated Bridge to BNB Chain

Uniswap aims to deploy its version 3 decentralized exchange on BNB Chain before its business source license expires on April 1. LayerZero, a target of recent criticism for under-publicized security risks, finished second in the voting.

Wormhole concept (Getty)