Threshold Network Goes Live With Wormhole to Bridge Bitcoin to 20 Blockchains
Using bitcoin on other networks previously required users to rely on centralized bridges, which increased risks for token holders. Source
Read MoreUsing bitcoin on other networks previously required users to rely on centralized bridges, which increased risks for token holders. Source
Read MoreIn a blog post, Oasis, which develops multi-signature wallet software that the hacker deposited funds into, said whitehats recently notified it of “a previously unknown vulnerability in the design of the admin multisig access.” Following a Feb 21. Court order from the High Court of England and Wales, it exploited
Read MoreThe exploiter is probably earning yields on staked cryptocurrency. Source
Read MoreThe Uniswap DAO has approved a second non-binding proposal, called a “temperature check,” to make Wormhole the official bridge for cross-chain governance of the protocol between BNB Chain and Ethereum, according to the official proposal page.BREAKING: Wormhole has won the vote to be Uniswap's designated bridge to the Binance Chain!
Read MoreThe vote was technically a “signaling” proposal, meaning its passage does not automatically install Wormhole as Uniswap’s official BNB bridge. Instead, the outcome means Wormhole will be written into an upcoming, official proposal to deploy Uniswap v3 on BNB chain. Source
Read MoreData sourced from Etherscan indicates that the exploiter first swapped 95,360 ETH worth roughly $157 million on DeFi Aggregator OpenOcean and then transacted smaller amounts capital through several decentralized finance (DeFi) protocols such as Kyber Network and 1Inch. Original Source
Read MoreThe hacker behind the $321 million Wormhole bridge attack has shifted a large chunk of stolen funds, with transaction data showing that $155 million worth of Ether (ETH) was transferred to a decentralized exchange (DEX) on Jan 23. The Wormhole hack was the third largest crypto hack in 2022, after
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Read MoreDecentralized finance (DeFi) protocol Injective (INJ) has partnered with Wormhole to integrate “10 new blockchains” to its network. Injective is a Cosmos layer-2 decentralized exchange (DEX) that offers derivatives, token swaps and sports betting prediction markets. It is also focused on interoperability via cross-chain bridging, and currently supports digital assets
Read MoreThe Jump-backed cross-chain connector will integrate with Injective, an EVM-compatible sidechain of Cosmos. Original Source
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