Bridge

Bridge

Технології

Bridge Platform LayerZero Denies Allegations It Kept ‘Backdoor’ Secret

The allegations from the head of Nomad, a LayerZero competitor, come just before Uniswap votes on whether to partner with LayerZero.

LayerZero CEO Bryan Pellegrino at Crypto Bahamas 2022 (Danny Nelson/CoinDesk)

Фінанси

Swapping More Than $157M of ETH for stETH and Levering Up, the Wormhole Network Exploiter Is a DeFi Degen

The address that hacked one of the most popular cross-blockchain bridges Wormhole started moving capital in the DeFi ecosystem.

Cypher Protocol suffers exploit (Clint Patterson/Unsplash)

Ринки

First Mover Asia: Why Bridges Are So Vulnerable to Exploit; Bitcoin Falls Under $19K

One crypto developer says that centralization and reliance on private key holders are to blame, not the inherent technology and logic behind the bridges themselves.

Bridge have recently been vulnerable to exploits. (Unsplash, modified by CoinDesk)

Думки

Blockchain Bridges Keep Getting Attacked. Here's How to Prevent It

Crypto bridges are soft targets providing some of crypto's largest exploits this year.

(Getty Images)

Фінанси

Blockchain Startup Hyperlane Raises $18.5M Round Led by Crypto Investor Variant

The platform helps developers connect applications across blockchains.

(Unsplash)

Технології

Hackers Lose 5 Ether While Trying to Attack Near Protocol’s Rainbow Bridge

Automated security processes caused the attackers to lose money while trying to submit a fabricated transaction on the Rainbow bridge.

Attackers trying to exploit Near Protocol’s Rainbow bridge lost some 5 ether after automated security processes kicked in. (Unsplash, modified by CoinDesk)

Технології

Ronin Hackers Converted Some Stolen Ether to Bitcoin: SlowMist Researcher

The exploiters converted their ill-gotten gains initially to ether and then to bitcoin before using sanctioned mixers to mask their identities.

A researcher at security firm SlowMist said the attackers behind the Ronin bridge exploit converted part of their stolen funds from ether to bitcoin. (Utagawa Kunisada and Sadahide/Creative Commons, modified by CoinDesk)

Фінанси

Dogecoin Jumps as Dogechain Gains Traction Among Retail Crypto Traders

The Polygon Edge-based Dogechain locks nearly $5 million in liquidity and is gaining prominence among retail crypto traders.

Dogechain es la nueva tendencia entre los usuarios cripto de Twitter. (Jaycee Xie/UnSplash)