Cross-chain Bridges – Miami Crypto Coin

Criminals more reliant on cross-chain bridges than ever after mixer crackdowns

Post author:MiamiCrypto
Post published:September 20, 2023
Post category:Avalanche Bridge certik Cross-chain Bridges Cryptocurrency Mixers Elliptic Lazarus Group RenBridge stake United States Office of Foreign Asset Control

The sanction of cryptocurrency mixer Tornado Cash in August caused the first major shift, but that is now accelerating even faster than projected.

TVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021

Post author:MiamiCrypto
Post published:December 17, 2022
Post category:Aave Assets Avalanche Binance Smart Chain Compound Finance Convex Finance Cross-chain Bridges crypto assets Curve decentralized finance DeFi Defi protocols Defi TVL Ethereum Fantom Lido makerdao Pancakeswap Smart Contract Tokens Smart Contracts Solana token economy total value locked Tron TVL in defi Uniswap

The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17,…

Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed

Post author:MiamiCrypto
Post published:December 12, 2022
Post category:Aave Assets Avalanche Binance Smart Chain Compound Finance Convex Finance Cross-chain Bridges crypto assets Curve decentralized finance DeFi Defi protocols Defi TVL Ethereum Fantom Instadapp Justlend Lido makerdao Pancakeswap Smart Contract Tokens Smart Contracts Solana token economy total value locked Tron Uniswap

On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion.…

Illicit cross-chain transfers expected to grow to $10B: Here’s how to prevent them

Post author:MiamiCrypto
Post published:November 30, 2022
Post category:analytics Blockchain Cross-chain Bridges Cryptocurrency Elliptic Money Laundering screening

Forecasts predict cryptocurrency criminals laundering more than $10 billion through cross-chain bridges by 2025, leading to calls for holistic screening solutions.

Value Locked in Defi at Its Lowest Point Since March 2021, Smart Contract Tokens Shed $22 Billion in 36 Days

Post author:MiamiCrypto
Post published:November 16, 2022
Post category:Assets Avalanche Binance Smart Chain Cross-chain Bridges crypto assets decentralized finance DeFi Defi protocols Defi TVL Ethereum Fantom Lido makerdao News phantasma (SOUL)qanplatform (QAN)secret (SCT)Smart Contract Tokens Smart Contracts Solana token economy total value locked Tron velas (VLX)

Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in…

State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months

Post author:MiamiCrypto
Post published:October 22, 2022
Post category:ada arbitrum Avalanche AVAX binance coin Binance Smart Chain Bridges Cross-chain Bridges Crypto crypto assets decentralized finance DeFi Defi protocols Defi Total Value Locked DOT ETH Ethereum Ethereum (ETH)Fantom Near Rainbow Optimism Polkadot polygon Smart Contract Platforms Smart Contract Tokens total value locked trading TVL TVL in defi

During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region.…

Report: Half of all DeFi exploits are cross-bridge hacks

Post author:MiamiCrypto
Post published:October 19, 2022
Post category:Cross-chain Bridges Cryptocurrencies Hacks Plundering

Over $2.5 billion have been stolen from cross-chain bridges in the past two years.

Binance-Backed Blockchain Completes Hard Fork to Mitigate Future Cross-Chain Bridge Hacks

Post author:MiamiCrypto
Post published:October 12, 2022
Post category:2 million BNB BEP20 Binance Binance Smart Chain bnb BNB hack BNB Smart Chain BNB Smart Chain Twitter account chain pause Changpeng Zhao Cross-chain Bridges CZ exploit Hack hack BNB News paused chain suspended BSC

The Bnb Smart Chain commenced the blockchain’s hard fork on October 12, at block height 22,107,423, in order to add a security patch to “mitigate the cross-chain infrastructure between [the]…

Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4%

Post author:MiamiCrypto
Post published:October 7, 2022
Post category:$600 Million 200 million BNB 4% down Binance Binance Smart Chain bnb BNB hack BNB Reddit page BNB Smart Chain BNB Smart Chain Twitter account chain pause Changpeng Zhao Cross-chain Bridges CZ exploit Green Jeff Hack hack BNB News paused chain Reddit Post relayer rumors Speculation suspended BSC Tornado cash Will Clemente

On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity.…

Value Locked in Defi Drops to Lows Not Seen Since March, Ethereum Dominates TVL by 57%

Post author:MiamiCrypto
Post published:September 24, 2022
Post category:acumen ada Avalanche AVAX binance coin Binance Smart Chain Bridges Cross-chain Bridges Crypto crypto assets decentralized finance DeFi Defi protocols Defi Total Value Locked DOT ETH Ethereum Ethereum (ETH)justin sun Polkadot Skeptics Smart Contract Platforms Smart Contract Tokens Stablecoins total value locked trading Tron Tron (TRX)Tron Blockchain trx TVL TVL in defi USDC

The state of decentralized finance (defi) in terms of total value locked (TVL) has been tumultuous, to say the least, and currently the TVL in defi today is approximately $54.95…