Cross-Chain Financial News

09.08 / 21:53

Blockchain Technology defi Terra Luna Cross-Chain 'IBC is a serious alternative for secure cross-chain communication,' says Sunny Aggarwal of Osmosis

On August 2, the Nomad token bridge became yet another victim of cross-chain hacking after the protocol suffered a $190 million exploit. Joining a list of casualties alongside Axie Infinity’s Ronin Bridge and Solana’s Wormhole, many industry experts have cast doubt on the future of cross-chain technologies. However, not all cross-chain toolkits have thus far been exploited. Regarding this matter, Cointelegraph spoke with Osmosis’ co-founder Sunny Aggarwal. Osmosis is one of the most popular decentralized exchanges, or DEXs, on the Cosmos hub with $120 million in total value locked. Here’s what Aggarwal had to say regarding Cosmos’ namesake inter-blockchain communications protocol (IBC):

04.08 / 07:09

Blockchain Technology Analysis Cybercrime Cross-Chain $2B in crypto stolen from cross-chain bridges this year: Chainalysis

Cross-chain bridge hacks have accounted for 69% of the total crypto stolen in 2022, amounting to $2 billion in losses, according to a new report.

02.08 / 10:29

Ethereum cryptocurrency Provident Bitcoin Cross-Chain Cross-chain bridge Nomad hacked, $191 million stolen

In a major hack involving a cryptocurrency project, impersonators on Tuesday drained the cross-chain bridge Nomad of about $191 million, nearly emptying it of funds.

27.06 / 19:33

Blockchain Web3 DAI Cross-Chain Top offering in cross-chain enables blockchain interoperability

Blockchain projects are on the rise since developers are pushing the boundaries of what is possible when trying to leverage the technology’s capabilities and because of the knowledge that no perfect solution may ever exist. For these reasons, cross-chain technology is becoming a joint discussion for enhancing interoperability between different blockchains. Simply put, this technology is the bridge that allows value and information to be transferred between networks.

14.06 / 11:17

Blockchain defi DEX DApp Future Cross-Chain network Multichain Secure cross-chain communication network leads multichain future with paradigm shift

With more interest in blockchain development comes more technology platforms to develop on. The industry, which started with only a select handful of relevant blockchains in the 2010s, has grown to include hundreds of chains today.

10.06 / 09:35

cryptocurrency NFT CRYPTONEWS Cross-Chain Rainmaker Games Announces the First Cross-Chain, GameFi-Exclusive NFT Marketplace

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

30.05 / 08:53

cryptocurrency NFT Polygon Cross-Chain PAC Support Top 3 Cryptos With Cross-Chain Support: Pac-Man Frog (PAC), NEAR Protocol (NEAR), and Polygon (MATIC)

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

29.05 / 05:25

Blockchain Technology defi hacks Future Cross-Chain 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 part of a foreign economy as far as the machine is concerned, and as such, they can’t buy even a droplet of Coke.

09.05 / 20:11

Ethereum DEX Decentralized Exchange Cross-Chain Cross-chain DEX aggregator provides seamless swaps between major blockchains

The success of the Ethereum network has been both a major step forward for DeFi and one backward for scalability.

06.05 / 20:19

markets Blockchain Stablecoin defi Cross-Chain 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.

05.05 / 20:13

Blockchain Ethereum BLOCK Oracle Cross-Chain ViaBTC Capital | Can Interoperability Protocols Change the Cross-chain Market?

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

04.05 / 16:11

Blockchain hacks Polkadot security Cross-Chain 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.

15.04 / 20:25

Blockchain Ethereum Provident Cross-Chain network Leader in cross-chain releases tool to easily call contracts between any network

Although blockchain technology, in general, is seeing rates of increased adoption, another barrier still exists before its usage hits the mass market. The barrier itself is more commonly known as blockchain interoperability. At present, there are multiple blockchains at play, each excelling in its own area and facing shortcomings in others. Consequently, blockchain networks now operate independently from each other without interacting. Their independence makes it difficult for participants to transact across blockchains and for developers to create a solution that realizes the entire potential of blockchain technology.

15.04 / 01:45

Blockchain Provident Digital Bitcoin Cross-Chain Support Accumulate Releases Whitepaper - An Identity-Based Blockchain Protocol with Cross-Chain Support, Human-Readable Addresses, and Key Management Capabilities

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

07.04 / 22:07

cryptocurrency NFT wallet Fortress Cross-Chain Fortress Blockchain Technologies Announces Embeddable, Cross-Chain, User-Friendly NFT Wallet For Third-Party Applications

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

06.04 / 18:25

cryptocurrency NFT NFTS Cross-Chain network Bridge Network Raises USD 3.8M to Build Better Cross-chain Experiences with Backing from FTX Ventures

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

30.03 / 13:23

Blockchain Ethereum AXY Infinity Sky Mavis Cross-Chain Ronin’s $612 million hack exposes these vulnerabilities of cross-chain bridges

For quite some time now, multi-chain or cross-chain technology has become a holy grail in the cryptocurrency development space. People want to transact with other blockchains by leveraging bridges to different ecosystems. For example, Ethereum co-founder and developer Vitalik Buterin tweeted a link to a Reddit post on 8 January, 2022.

05.03 / 02:59

markets Blockchain Ethereum Bitcoin Cross-Chain REN price gains 65% after Catalog launch brings a cross-chain DEX to its blockchain

Decentralized finance projects like Ren pumped in 2021, only to finish the year right back where they started as high fees on Ethereum (ETH) led to decreased activity for many protocols and DeFi took a backseat to more popular sectors like nonfungible tokens (NFTs).

17.02 / 13:47

defi avalanche BSC Cross-Chain Avalanche growth sparks third-party cross-chain bridges

Avalanche (AVAX), a Layer-1 proof-of-stake (PoS) blockchain network, gets a new cross-chain bridge from Umbria Network to help traders transfer liquidity between Ethereum mainnet and the Avalanche blockchain.

16.02 / 20:23

Blockchain Technology defi solana Cross-Chain Wormhole hack illustrates danger of DeFi cross-chain bridges

Solana has become one of the fastest-growing smart contract blockchain networks since it was first officially launched in March 2020.

14.02 / 23:01

Blockchain defi FinTech Cross-Chain Cross-chain roaming enables users to benefit from the sum value of blockchain technology

When the first blockchain came to life, it shared a vision for an all-encompassing solution that would enable anyone to transact on a single chain regardless of what they were hoping to accomplish.

frequently asked questions about Cross-Chain

What is Cross-Chain and why is it relevant?

Cross-Chain is a significant category that interests a wide audience. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Cross-Chain?

All recent news about Cross-Chain can be found in the highlighted block. We publish information in a timely manner.

How can I verify the accuracy of information on Cross-Chain?

We use verified data to ensure that the information about Cross-Chain is accurate and helpful for our readers.