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Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month

Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL)…

Continue ReadingTerra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month

Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days

30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the…

Continue ReadingDespite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days

Total Value Locked in Cross-Chain Defi Bridges Exceeds $22 Billion, Jumping 48% in 30 Days

On October 29, the total value locked (TVL) in decentralized finance (defi) protocols is around $243 billion with Curve capturing 7.76% of the dominance. Meanwhile, as ethereum has the largest…

Continue ReadingTotal Value Locked in Cross-Chain Defi Bridges Exceeds $22 Billion, Jumping 48% in 30 Days

Cross-Chain Bridge Value Increases by 89% in Less Than a Month Surpassing $14 Billion TVL

23 days ago on September 16, cross-chain bridges held around $7.79 billion total value locked (TVL) and since then the TVL has increased 89% since then to $14.75 billion. Currently,…

Continue ReadingCross-Chain Bridge Value Increases by 89% in Less Than a Month Surpassing $14 Billion TVL

Study Shows Cross-Chain Bridge Technology Growth, Bridges to Ethereum Exceed $7 Billion

On September 8, 2021, Dmitriy Berenzon, research partner at 1kxnetwork, an early-stage crypto fund that helps founders bootstrap token networks, published a comprehensive research post concerning blockchain bridges. Berenzon’s study…

Continue ReadingStudy Shows Cross-Chain Bridge Technology Growth, Bridges to Ethereum Exceed $7 Billion