NEAR Intents patched the contract flaw, but deposits and withdrawals on 11 networks remain disrupted.
LayerZero has announced ATLAS, new exchange infrastructure built on its Zero blockchain for trading platforms and financial institutions.
Nethermind said it is joining Chainlink as a node operator, where it will help secure CCIP and Data Feeds.
The move pushes the total value migrating from LayerZero to Chainlink near $15 billion, with WBTC representing the largest shift yet.
Cross-chain platform Squid has integrated Ripple's RLUSD stablecoin, allowing users to swap into and out of RLUSD across chains and assets.
Squid is preparing to launch a new consumer product aimed at making it easier to access and manage crypto assets, Fig told The Block.
Everclear achieved $500 million in monthly volume, but "never developed the commercial depth," the team said on Thursday.
It cited security as the core reason for the migration, in an apparent response to the recent exploit of LayerZero-powered Kelp DAO.
Many onlookers blame LayerZero's default infrastructure setup because the cross-chain bridge that was attacked used a 1-of-1 configuration.
USDT0 is now the third-largest holder of Tether's USDT stablecoin, which it uses to back its multi-chain asset 1:1.
The entire total value locked in the DeFi sector fell 7% in the past 24 hours to $86 billion, according to DefiLlama data.
USDC Bridge is Circle’s official, native cross-chain bridging solution powered by its Cross-Chain Transfer Protocol.
The exploit, which started over two hours ago, seems to be targeting multiple Drift vaults, totaling at least $200 million.
The Canton Network was designed specifically for regulated institutions with major firms like Goldman Sachs, Microsoft, and DTCC.
Across Protocol’s recent temp check proposal raises a bigger question about the future of DAOs and tokens in crypto.
Across Protocol posted a temp check proposal exploring a shift to a private company, where ACX tokenholders could exchange tokens for equity.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
deBridge has launched MCP, enabling AI agents to carry out non-custodial cross-chain swaps, bridging, and multi-step transactions.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Popular Ethereum Layer 2 Base will now support Solana-based assets natively, and enable the export of Base assets onto Solana.
Midas, in partnership with Axelar, has launched mXRP, a tokenized XRP product currently targeting a base yield of up to 8%.
deBridge has integrated Tron, bringing the largest USDT network into its cross-chain routing to allow swaps between Ethereum, Solana and 25+ blockchains.
The Wormhole Foundation is looking to counter an offer made by cross-chain messaging rival LayerZero to purchase Stargate.
deBridge’s new Reserve Fund channels all protocol earnings into DBR token buybacks as DeFi operators deploy revenue to bolster ecosystem value.
One-third of complex cross-chain investigations spanned over three blockchains, with 20% using more than 10, Elliptic finds.
The WalletConnect Foundation will airdrop 5 million WCT to active Solana users via partners like Phantom, Jupiter, Backpack and Solflare.
The development is part of the Eureka upgrade for the Cosmos ecosystem, which is expected to be released this year.
Axelar Foundation, the nonprofit supporting the growth and adoption of the Axelar Network interoperability protocol, has disclosed strategic AXL token sales worth $30 million.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Paradigm led Across Protocol's token round, with participation from Bain Capital Crypto, Coinbase Ventures and others.