Ethereum L2 Blast Crosses $123 Million, Important Things To Know Before You Bridge In
Blast, a brand new Ethereum Layer 2 network, has drawn a startling amount of interest and security concerns due to a surge
Read More
Bridge
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 HECO Chain bridge to suspicious addresses. The security firm suggests that the bridge is compromised and an exploit is ongoing. In response to the incident, Tron founder Justin Sun announced that
Read More
Crypto Exchange HTX and Heco Bridge Hacked Again for $110M
The crypto exchange HTX (previously known as Huobi) and the HECO chain are said to be hacked. The crypto exchange HTX (previously known as Huobi) and the HECO chain are said to be hacked. Though the information hasn’t been officially confirmed, possible losses may have reached over $110 million. We are detecting
Read More
New Ethereum Layer 2 Blast Attracts $30M Hours After Bridge Goes Live
Blast boasts prominent investors Paradigm and eGirl Capital among others, but there’s no way to withdraw funds until February. Source
Read More
dYdX Chain Goes Live, Launches Bridge User Interface for Token Conversion
It appears that the dYdX Chain is ready to take up an active role in the decentralized finance (DeFi) sector. The dYdX Foundation may have just made a series of new announcements signaling the arrival of a new phase in the ecosystem. This follows after it announced the launch of its
Read More
dYdX chain goes live, unveils Bridge UI for token conversion
The dYdX Foundation announces the launch of its mainnet and a new Bridge User Interface. The dYdX Foundation announced a series of pivotal updates that signal a new phase for the dYdX ecosystem. Most notably, the mainnet genesis of the dYdX Chain is now live, with Genesis Validators having participated in
Read More
Coinbase reveals reasons behind recent bridge hacks in crypto
Coinbase’s Institutional research team notes many bridge hacks occurred due to the complexities around source chain commit and cross-chain relay. Cyber incidents related to cross-chain bridges are likely to decrease in the foreseeable future as many protocols continue adopting rollup solutions alongside increased scrutiny on secure designs. According to Coinbase Institutional’s recent
Read More
Shiba Inu’s (SHIB) Bridge Comes Fully Online Week After Mangled Shibarium Launch
As such, chief developer Shytoshi Kusama previously stated the team had put steps in place to prevent an outage from repeating. They added the team worked with Polygon blockchain developers to rectify any potential issues. Shibarium is a fork of Polygon, meaning it uses modified code that runs the latter. Source
Read More
BNB Chain’s cross-chain bridge exploit shakes crypto community
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BNB Chain’s cross-chain bridge (0x489a) recently fell victim to a major exploit. Following the hack’s massive financial losses, concerns about project security emerged. Peckshield advisory reveals massive losses Investors and security professionals are reeling from an attack
Read More
The $200 Million BNB Bridge Exploiter Just Got Liquidated On Venus
According to Coinglass, the crypto market witnessed more than $1.04 billion in liquidations during this period. Of this, a BNB position on
Read More