Cryptocurrency Analysis and News Portal
The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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The pair of product upgrades are meant to boost Avalanche’s DeFi ecosystem. Original Source
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Crypto platform LA Token has become the latest exchange to launch its own blockchain with the LACHAIN network which it hopes will give its users access to decentralized finance (DeFi) products and a bridge between other networks.The layer-1 Ethereum Virtual Machine (EVM)-compatible and WebAssembly (WASM)-compatible LACHAIN went live on Mar.
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Swim Protocol wants to make it easier for users to swap native assets across blockchains. Original Source
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On Tuesday, the team behind the Umbria network announced the launch of the new Narni cross-chain Avalanche bridge. Umbria says the bridge is 90% cheaper than the official Avalanche bridging solution allowing users to move ether between the Ethereum blockchain and the Avalanche network. Narni Cross-Chain Bridge Adds Avalanche Solution During the
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Ville Vesterinen, CEO and co-founder of Housecat, calls it the “Substack of asset management” with a crypto twist. Original Source
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The Meter Passport token bridge platform has incurred $4.4 million in losses due to a smart contract hack which also caused Hundred Finance to lose $3.3 million through under-collateralized loans.Meter.io’s Meter Passport (MTRG) is a token bridge that is compatible with Ethereum and its sidechains. This attack affected the Moonriver
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Bridges and other connections between blockchains present serious security challenges. Whether they can be solved will determine the future of the entire ecosystem. Source
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The Wormhole token bridge experienced a security exploit today, resulting in the loss of 120,000 wETH tokens ($321 million) from the platform.Wormhole is a token bridge that allows users to send and receive crypto between Ethereum, Solana, BSC, Polygon, Avalanche, Oasis, and Terra without the use of a centralized exchange
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The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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