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In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge…
Chainalysis told Cointelegraph that it was “describing it as a possible rug pull” based on an analysis of Multichain’s spurious transactions and internal problems.
According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership,…
On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge…
“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a…
Terra Bridge, the cross-chain bridge protocol now supports Solana, Fantom, Moonbeam, Osmosis, and Avalanche according to Terraform Labs CEO Do Kwon. “Easiest way to move funds in crypto,” the Terraform…
The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number…
On Tuesday, the team behind the Umbria network announced the launch of the new Narni cross-chain Avalanche bridge. Umbria says the bridge is 90% cheaper than the official Avalanche bridging…
On February 2, 2022, the Wormhole Network’s ethereum solana bridge was exploited for 120,000 WETH (wrapped ethereum) worth $320 million and the following day, the team explained that “all funds…
Reports indicate that the Wormhole Network’s ethereum solana bi-directional bridge has been exploited by an attacker for 93,750 ether or more than $250 million using today’s ethereum exchange rates. The…