Ethereum developers are proposing a new token standard to protect token issuers against cross-chain bridge exploits.On July 7, Arjun Bhuptani, the founder of Connext,...
Ad Blockchain bridges, also known as cross-chain bridges, are designed to connect different blockchain networks and enable the transfer of assets between them. However,...
The digital asset market has opened the new year...by staying asleep. Since our final newsletter edition on 12-December (WoC 50, 2022), the markets are...
Read Time: 6minutes As newer blockchains continue to launch, cross-chain bridges are becoming more indispensable than ever to enhance the interoperability between blockchain ecosystems. Having said that, the new innovation also lays the surface for a large number of attack vectors. According to Chainalysis, Cross-chain bridge hacks alone make up to 69% of stolen funds in 2022. There …
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The DeFi market cap is approximately $64 billion, according to CoinMarketCap, a leading crypto data aggregator. The introduction of...