Cryptocurrency Analysis and News Portal
LayerZero is among a handful projects aiming to avoid the pitfalls of traditional cross-chain bridges, the typical (and oft-exploited) method of swapping assets between blockchains. Almost 50% of the attacks affecting cross-chain bridging protocols in the DeFi ecosystem occur on cross-chain bridges, Stargate said in the statement, citing recent studies. Original
Read More
Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo Philion, the co-founder and CEO of Flare Networks, has argued. Philion insists that the lack of such
Read MoreThe entire Chocoswap ecosystem will be a decentralized network that will be powered by its native Vanilla (VNLA) token.Chocoswap prides itself as a cross-chain exchange aggregator that brings a long-standing solution to the growing market of decentralized exchanges (DEXs). The emerging platform is making its entry into the burgeoning decentralized
Read MoreThe Waves Association announced on Wednesday a new grant program for cross-chain interoperability development.The pool consists of one million WAVES tokens, worth approximately $3 million as of press time. Projects will be eligible for grants up to 300,000 WAVES to develop solutions for interoperability and cross-chain communication.There will be three
Read More