Crypto Lender Exactly Hit by $12M Bridge Exploit
Exactly Protocol, a decentralized credit market on the Optimism (OP) blockchain, has been targeted by a bridge exploit worth as much as $12 million. Source
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Bridge
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 around the crypto community are false.In a blog post on Aug. 17, Shytoshi Kusama, co-founder of the Shiba Inu ecosystem, blamed a massive influx of transactions and user activity for
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SHIB Prices Fall as Shibarium Bridge Fails to Work Properly
Blockchain data shows transactions on the network were stalled for at least five hours as of writing time. Users had transferred 954 ether (ETH), worth $1.7 million at current prices, and $750,000 worth of bone (BONE), a Shibarium governance token, to the contract. Source
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Microsoft and Aptos Labs Bridge AI and Blockchain With New Partnership
“This is a collaboration from day one," they said. "Aptos Labs’ team of AI experts, PhDs and Web3 developers are working directly with Microsoft’s AI team to train models, integrate AI technology into the Aptos Assistant and Github elements integrating with Aptos’ blockchain, and determine the best resources for developers
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Coinbase launches bridge for layer-2 blockchain Base, sets mainet launch date
Coinbase, the largest publicly-traded crypto exchange in the U.S., launched a bridge for its Ethereum layer-2 blockchain “Base,” on Thursday and set Base’s mainet launch for Aug. 9.See related article: BlackRock files for spot Bitcoin ETF, taps Coinbase as custodianFast factsFrom Thursday, users can bridge their Ether to the Base
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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 time without relying on developer tools, according to an Aug. 3 announcement. The team has set Aug. 9 as Base’s “official” release date. The team will award over 100
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Shibarium Blockchain's Ethereum Bridge Goes Live for Testing as SHIB Tries to Shed Meme Coin Tag
The Shiba Inu-based layer 2 blockchain is expected to start operations next month. Source
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Shibarium Bridge In Beta Goes Live But There’s A Catch
Shiba Inu’s development team has announced a significant advancement in the SHIB ecosystem. With the introduction of the Shibarium Bridge, users will have a new way to interact with the ecosystem. However, as this technology is still in its beta phase, the team behind Shiba Inu (SHIB) is urging the
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Bridge Protocol LayerZero Passes 50M Cross-Chain Messages
The milestone highlights the demand for crypto users to transfer liquidity between chains and conduct cross-chain token swaps. Original Source
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Former CFTC chairman says stablecoins can be a bridge between two worlds
The former chairman of the United States Commodity Futures Trading Commission (CFTC), Timothy Massad, highlighted the importance of government attention being paid to the stablecoin ecosystem in an interview with CNBC. On July 24, Massad told the CNBC interviewer that he sees stablecoins as a bridge between “the crypto world and
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