Cross-Chain Infrastructure Protocol LI.FI Raises $5.5M
The funding will fuel ecosystem growth for the aggregator of cross-chain bridges and decentralized exchanges. Source
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CrossChain
Why cross-chain interoperability matters for DeFi
The modern DEX is designed to take advantage of the benefits of both CEX and DEXs by leveraging innovative technologies to enable more efficient transactions. Since limitations are presented for both the modern CEX and DEX, many propose that for widespread asset adoption, a non-custodial platform that supports assets
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DeversiFi Launches Cross-Chain Swaps for Bridgeless DeFi Transactions
The DEX aims to eliminate the gas fees and extra steps associated with multi-chain ecosystems, even if it sacrifices network security. Original Source
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Chainge Finance officially becomes the most liquid cross-chain crypto trading venue on the market
In early 2009, Bitcoin trading was peer-to-peer, initially via PayPal. However, it only took a few months before the first ramp was launched. Mt Gox and earlier variants were, as expected, rudimentary and centralized. Fast-forward less than a decade later, and crypto trading is a vibrant industry with billions moved
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Is there a secure future for cross-chain bridges?
The plane touches down and comes to a halt. Heading to passport control, one of the passengers stops at a vending machine to buy a bottle of soda — but the device is absolutely indifferent to all of their credit cards, cash, coins and everything else. All of that is
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Will Polkadot (DOT) price reverse course now that cross-chain messaging is live?
Development within the Polkadot (DOT) ecosystem has been slowly unfolding over the past year and a half, and the work put in by developers is finally starting to bear fruit as parachain auctions finish and the first chains launch on the mainnet. The next phase of interoperability within the ecosystem is
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Polkadot launches cross-chain messaging system to solve blockchain’s bridge problem
Blockchain platform Polkadot has launched a new cross-chain communications protocol, saying it will do away with cumbersome bridging mechanisms that have cost the crypto industry billions in cyber attacks. The newly launched XCM messaging system is intended to promote Polkadot’s multichain ecosystem, which is being built on the premise of full
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DeFi Trading Platform Hashflow Introduces Bridgeless Cross-Chain Swaps
The platform will enable native-to-native swaps, without slippage or pesky cross-chain bridges. Original Source
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Ronin Attack Shows Cross-Chain Crypto Is a ‘Bridge’ Too Far
When you look under the hood, bridges like Ronin’s typically work by locking up cryptocurrency in smart contracts on one chain, and then re-issuing those tokens in “wrapped” form on a destination chain. So for example, if you were to use the Ronin Bridge to move ether (ETH) from Ethereum
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DeFi Platform Aave Lauches Version 3 With Cross-Chain Swaps Front and Center
“The nature of the Aave Arc market, it should be the most boring market out there. The participants, they don’t want to see changes. They want to see boring, everything working fine. Once v3 becomes more proven, then we can bring the v3 infrastructure to Arc,” said Kulechov. Original Source
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