Former Square, Coinbase execs raise $58M for Bridge stablecoin network
Bridge seeks to build a global stablecoin payment network to rival traditional systems like Swift and credit cards. Go to Source
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How to bridge to zkSync
Uncover the step-by-step process of moving cryptocurrency to and from zkSync, ensuring smooth and effortless transactions. Go to Source
Alex bridge on BNB is drained of $4.3M after suspicious upgrade — Certik
The deployer account changed an Alex contract’s implementation address, and multiple tokens were subsequently drained from its bridge. Go to Source
Hybrid L2 Build on Bitcoin Launches Mainnet; US Users Face Geo-Blocking
The layer-two initiative known as BOB, short for ‘Build on Bitcoin,’ has declared its mainnet operational with over 40 apps launching in the initial phase. Notably, the BOB application that facilitates bridging and access to the ecosystem is geo-blocked in the United States. BOB Mainnet Activates, Project Expects a ‘Bitcoin-Driven Defi Summer’ On May 1, … Read more
Vitalik Buterin Among Several High-Profile Names With Over $1 Million Locked in Bridges
Vitalik Buterin, co-founder of Ethereum, reportedly has over $1 million trapped in the Optimism bridge, a situation highlighted in a broader analysis by Arkham, which exposes numerous wallets with significant funds locked on various bridge contracts. Among these, a wallet associated with Bofur Capital has $1.8 million in wrapped Bitcoin stuck on an Arbitrum bridge … Read more
Bitcoin needs Ethereum VM to reach its full potential — Web3 exec
Botanix Labs founder Willem Schroé argues a “huge amount of value” from real-world assets will be captured on Bitcoin, provided it connects to the Ethereum Virtual Machine. Go to Source
Canto, Astar blockchains plan migration to Ethereum ecoystem as layer 2s
By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs said. Go to Source
USDC will launch natively on Base network ‘next week’ — Jeremy Allaire
Circle announced that a Base version of its USDC stablecoin would be available soon, eventually eliminating the need for the USDbC bridged version. Go to Source
Multichain victims search for answers in $1.5B exploit as new evidence emerges
Chinese police may have busted Multichain in a money laundering investigation, but many questions remain, including its CEO’s alleged fake ID. Go to Source
LiFi launches multi-bridge governance solution after Uniswap debate
The new bridge aggregator allows cross-chain DAOs to only accept votes confirmed by more than one bridge. Go to Source
