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Gnosis, the team behind Gnosis Safe multi-sig and Gnosis Chain, has launched a hash oracle aggregator for blockchain bridges, according to an announcement from the company. In a conversation with Cryptox, Gnosis CEO Martin Köppelmann stated that the new aggregator should make bridges more secure by requiring more than one
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Crypto users that frequently interact with new and existing platforms will likely receive an airdrop at some stage – which has quickly spurred the narrative of “airdrop farming” in Crypto Twitter circles, as large airdrops can be valued at thousands of dollars in effectively free money at peak. Source
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The Reserve Bank of India (RBI) and the Central Bank of the United Arab Emirates announced on March 15 that they had signed a memorandum of understanding on collaboration and innovation in financial services.The parties will particularly concentrate on central bank digital currency interoperability and will develop a proof-of-concept and
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“The immense research invested into Aztec Connect will be usable and indeed critical to the development of our next-gen product," wrote the Aztec team in a Medium post. "Having an encrypted rollup live and in production gives us confidence in our shift to focusing on a fully programmable version." Source
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Loans and other services will resume on normal schedule Monday following a switch to a new bridge bank, the regulator said Original Source
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Web3 app developer Kresus has closed a $25 million funding round to support the development of its so-called SuperApp, potentially opening the door to broader consumer adoption of digital assets. The Series A funding round was led by Liberty City Ventures, with additional participation from JetBlue Ventures, Craft Ventures, Franklin Templeton,
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The retail-facing platform uses a non-custodial setup, CEO Philipp Zentner said. Source
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Attacks on bridge technology in 2022 led to the theft of $2.5 billion from decentralized finance (DeFi) protocols, according to a report by Token Terminal. While this could have been a setback for many projects and, thus, for the crypto space, it seems to be fueling infrastructure and security developments.At
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Software engineers and members of the development lab Ripplex want to create a cross-chain bridge for the XRPL network to bolster cross-chain transfers between different blockchain networks. According to a recent Github draft, the proposal outlines how the cross-chain bridge could function and suggests ways to prevent transaction replay. Ripplex Dev
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The exploiter is probably earning yields on staked cryptocurrency. Source
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