Bridge
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Markets
HECO Chain bridge compromised, over $86.6M sent to suspicious addresses
Data shared by blockchain security platform PeckShield shows that more than $86.6 million in digital assets were transferred from the…
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Markets
Over $86M drained after HTX Global’s HECO Bridge security breach
Over $186 Million drained in a HECO Bridge-related hack. The HECO Bridge is a crucial link for transferring funds between…
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Markets
Shibarium wallets surpass 100K after SHIB devs relaunch bridge
Shibarium, a new layer-2 blockchain for Shiba Inu (SHIB) has surpassed 100,000 wallets on its platform with 35,000 coming within…
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Markets
Shibarium denies bridge issues, calls it FUD
The team behind the newly released Shibarium mainnet has denied reports of bridge problems and asset losses, saying screenshots floating…
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Markets
Base launches mainnet bridge UI for end-users, sets Aug. 9 for official launch
Coinbase’s Base network has released a user interface (UI) for its official bridge, allowing end-users to onboard for the first…
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Markets
Alchemix, Connext adopt xERC20 token standard for bridge security
Alchemix and Connext say the new token standard will benefit token issuers. DeFi bridges suffered exploits that saw over $2…
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Markets
Former CFTC chairman says stablecoins can be a bridge between two worlds
The previous chairman of the United States Commodity Futures Trading Commission (CFTC), Timothy Massad, highlighted the importance of government attention…
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Markets
Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
Connext cross-chain bridging protocol has announced a new token standard to reduce losses from bridge hacks. According to a July…
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Markets
Polygon spinoff launches testnet bridge to allow for low-cost layer-2s
Blockchain network Avail has launched a testnet data availability bridge to Ethereum, according to a July 7 announcement. Once testing…
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Markets
Multichain MPC bridge sees $100M+ outflows, sparking fears of exploit
Abnormally large outflows from the Multichain MPC bridge platform on July 6 have sparked fears that an exploit could be…
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