Cross-Chain Financial News

11.04 / 19:29

Chainlink Cross-Chain Chainlink Launches ‘Transporter’ App for Moving Crypto Cross-Chain

Chainlink, a leading provider of data feeds to blockchain-based smart contracts, has released a new application dubbed the transporter for submitting and monitoring cross-chain transactions.

06.05 / 14:35

Airdrop LayerZero Cross-Chain LayerZero Labs Vows to Exclude Sybil Farmers From Upcoming Airdrop

LayerZero Labs, a renowned cross-chain interoperability protocol, has vowed to tackle the issue of sybil farmers ahead of its highly anticipated airdrop.

26.09 / 00:47

Cross-Chain Cross-Chain Partnership Between Swarm and Wrapped Expands DeFi Capabilities

Swarm and Wrapped entered into a partnership on September 7 to improve Wrapped.com's existing services for transferring cryptocurrencies between different blockchain networks. The main goal is to make it easier to convert, or "wrap," cryptocurrencies for use in decentralized finance, commonly known as DeFi.

24.09 / 10:45

Blockchain defi Trading lending Cross-Chain How is DeFi margin trading getting safer with this cross-chain protocol?

DeFi margin trading is hindered by persistent problems like overcollateralization and risk of liquidation. Some decentralized apps are managing to address these challenges.

21.09 / 15:03

Ethereum Adoption defi layer2 Chainlink Arbitrum zk-Rollup Cross-Chain Chainlink hits Ethereum layer 2 Arbitrum for cross-chain DApp development

Blockchain oracle network Chainlink has tapped into Ethereum (ETH) layer 2 scaling protocol Arbitrum to drive cross-chain decentralized application development.

20.09 / 06:09

business Adoption regulation us government Money laundering Tornado Cash Cross-Chain Criminals more reliant on cross-chain bridges than ever after mixer crackdowns

Cybercriminals have accelerated their shift away from crypto mixers for cross-chain bridges over the past year, according to blockchain forensics firm Elliptic.

11.09 / 04:25

business Blockchain interview Chain Chainlink Cross-Chain Is 2023 the year genuine cross-chain interoperability takes off?

The future of blockchain will be an interoperable one — with the death of “chain tribalism,” the proliferation of “hundreds of chains” along with an end to cross-chain bridge hacks, according to executives at Korea Blockchain Week.

06.09 / 07:31

business Blockchain wallet ConsenSys MetaMask Cross-Chain DApp store for your wallet: Consensys readying cross-chain Metamask Snaps

MetaMask’s eagerly awaited Snaps will allow users to interact with a variety of different blockchain networks, receive updates from projects and will help demystify what’s happening in complex transactions, says Consensys Head of Strategy Simon Morris.

29.08 / 22:57

Bitcoin bob Interlay Cross-Chain network Bitcoin Network Interlay Launches MVP of BOB, A New Bitcoin Layer 2 Bridge For Cross-Chain Token Transfers to the Bitcoin Network

On August 29, the team behind decentralized Bitcoin infrastructure provider Interlay unveiled the Minimum Viable Product (MVP) of its BOB ("Build on Bitcoin") solution, a new Bitcoin layer 2 network.

10.08 / 19:11

business Blockchain wallet Cross-Chain Cross-chain wallet BitKeep changes name to Bitget Wallet after acquisition

Cross-chain wallet BitKeep has changed its name to Bitget Wallet after the crypto exchange purchased a controlling stake for $30 million in March.

08.08 / 17:11

Blockchain COST UPS Ethereum Digital Cross-Chain 10 obstacles to cross-chain interoperability (and how they can be overcome)

Even crypto industry outsiders are gaining clarity on the benefits of blockchain technology, which is a significant step forward for the ecosystem. However, a challenge remains: The industry still struggles with interoperability between blockchain networks.

01.08 / 13:19

Blockchain Ethereum defi SushiSwap Bitcoin Cross-Chain SushiSwap furthers cross-chain functionality with Core integration

Decentralized finance (DeFi) platform SushiSwap is set to integrate with the growing blockchain protocol, Core, tapping into the protocol’s unique consensus mechanism to provide a broad set of DeFi services to its cross-chain functionality.

24.07 / 22:07

Ethereum defi Hackers hacks Developers Scams Cross-Chain Standard Exploit Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses

The Connext cross-chain bridging protocol has announced a new token standard to reduce losses from bridge hacks. According to a July 24 announcement, the new “xERC-20” standard allows token issuers to maintain a list of official bridges and control how many tokens can be minted by each.

21.07 / 17:45

Blockchain Ethereum Provident Platform Oracle Cross-Chain Binance Labs Pours $10 Million into Cross-Chain DeFi Lender, Radiant Capital

Crypto exchange Binance’s venture capital arm – Binance Labs – has invested $10 million in Radiant Capital, a marketplace for providing liquidity and borrowing cross-chain assets.

18.07 / 01:49

business Blockchain Adoption Polygon Banks avalanche swift Cross-Chain TradFi Chainlink launches cross-chain protocol bridging blockchain to TradFi

The development firm behind the Chainlink protocol and its native LINK token has gone live with its cross-chain protocol, aimed at providing interoperability between traditional financial firms and both public and private blockchains.

06.07 / 12:29

Blockchain UPS FIVE Progressive Telegram Pool Cross-Chain Telegram's TON Q2: Significant Account and Transaction Growth, Deflationary Measures, and Developments in DeFi, NFT, and Cross-Chain Solutions

In Q2 2023, The Open Network (TON) saw a 2.88 million total accounts and 173 million transactions, making it the 14th largest cryptocurrency by market capitalization. TON's technology, ecosystem, and economy improved significantly, comparable to the previous quarter.

30.05 / 15:17

Blockchain Adoption defi Decentralized Exchange Decentralization Staking Cross-Chain LSD for DeFi: Tenet, LayerZero partner to drive cross-chain liquid staking adoption

Layer-1 blockchain Tenet is set to see its liquid staking derivatives platfrom plug into a cross-chain decentralized finance (DeFi) ecosystem through a partnership with omnichain messaging protocol LayerZero.

24.05 / 07:17

NFT Marketplace decentralized marketplace Cross-Chain NFT marketplace enables cross-chain purchases on multiple networks

A new feature on nonfungible token marketplace NFTrade allows collectors to purchase items on one network while paying on a separate one. The feature was created through an integration with cross-chain messaging protocol Rarimo, according to a May 23 announcement.

26.04 / 14:29

Blockchain Ethereum defi Tokens Circle avalanche Usd Coin Cross-Chain Circle launches cross-chain USDC transfer protocol for Ethereum, Avalanche

Circle, the creator of US Dollar Coin (USDC), has launched a mainnet protocol that lets users transfer USDC between Ethereum and Avalanche, according to an April 26 announcement. Previously, Avalanche users who held USDC on Ethereum had to deposit their coins with a Circle partner or use a third-party bridge to transfer their USDC from one network to the other. The new Cross-Chain Transfer Protocol (CCTP) protocol appears to do away with this need for USDC bridges.

05.04 / 16:51

Blockchain UPS Platform Samsung Investment Cross-Chain LayerZero Raises $120M in Funding to Expand Cross-Chain Messaging Efforts – Is the Bull Market Back?

Blockchain development firm LayerZero Labs has raised $120 million in a Series B funding round for its interoperability protocol, valuing the firm at $3 billion.

04.04 / 18:09

Blockchain Ethereum Adoption defi Venture Capital Startups Cross-Chain LayerZero raises $120M to expand cross-chain messaging efforts

Cross-chain messaging protocol developer LayerZero Labs has raised another $120 million, according to an Apr. 4 announcement. The company plans to use the capital to increase its headcount and expand its reach into the Asia-Pacific region. The company had previously raised $135 million in March 2022.

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