In recent developments, cross-chain protocol Gravity Bridge was drained of roughly $5.4 million on May 30, with the attacker reportedly funneling part of the haul through Binance and Changenow, blockchain…
In recent developments, the hacker behind the Verus bridge exploit returned 75% of the stolen funds as part of a recovery deal negotiated with the protocol days after the incident.…
In recent developments, security trade-offs in cross-chain infrastructure are drawing sharper scrutiny as operational shortcuts threaten to undercut protections built into bridge designs. Ripple CTO Emeritus David Schwartz’s latest remarks…
In recent developments, polkadot bridge protocol Hyperbridge said losses from this week’s hack were 10x worse than originally reported, tallying about $2.5 million. Looking closer, market participants highlight key drivers…
In recent developments, circle launched the USDC Bridge this week, giving users a direct, Circle-operated interface to move native USDC across supported blockchains without wrapped tokens, liquidity pools, or manual…
In recent developments, aethir said it halted a bridge exploit on its Ethereum-linked contracts, limiting losses to under $90,000 after PeckShield estimated $400,000 in damages. Looking closer, market participants highlight…
In recent developments, ethereum’s FCR aims to reduce bridge times by up to 98%, bringing L1-to-L2 and exchange deposits down to 13 seconds without a hard fork. Looking closer, market…
In recent developments, hex Trust launched wrapped XRP across Ethereum, Solana, Optimism, and HyperEVM on Dec. 12 with $100 million in initial liquidity, positioning the token as a trading pair…
In recent developments, threshold has introduced upgrades to its tBTC bridge, which it claims will better position the $500 billion worth of Bitcoin held by institutions and whales to access…
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