Tag: Bridge

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OKX and NYSE partner to bridge Tradfi and crypto markets in joint venture led by Andrew Cuomo

Former New York Governor Andrew Cuomo is leading an OKX and New York Stock Exchange owner Intercontinental Exchange (ICE) joint venture to build infrastructure...

Taiko Bridge Exploited for Up to $1.7M in DeFi Hack

Taiko, an Ethereum layer-2 blockchain, has urged its users to withdraw assets from the network’s bridges after an exploit on one of its bridge...

Taiko halts its Ethereum layer 2 network after a bridge exploit, token dives 10%

That key is meant to stay sealed inside secure hardware so the proofs can be trusted. With it exposed, the attacker could enroll their...

World Chain Bridge TVL Climbs 33% Over Seven Days as Worldcoin Token Posts Matching Rally

World Chain's canonical-bridge TVL climbed 32.87% over seven days to about $602M, with WLD tracking the move at +33.6%. The growth concentrates in Re7...

Alephium Bridge Loses $815K to Forged Guardian Messages, Not Stolen Keys

Alephium's Wormhole-fork TokenBridge was drained on Ethereum and BNB Chain in roughly seven minutes after an off-chain backend flaw let fraudulent messages slip past...

$11.58M Drained in Ongoing Exploit on Verus-Ethereum Bridge

An active exploit on the Verus-Ethereum Bridge has resulted in $11.58 million in losses, according to security firm Blockaid.An ongoing exploit on the Verus-Ethereum...

Verus Ethereum Bridge Reportedly Exploited for $11.58 Million

Verus Protocol’s Ethereum bridge was reportedly exploited on Monday through a fake cross-chain transfer message that allowed a hacker to fraudulently transfer out at...

Yet another crypto bridge falls victim to an $11 million hack

The latest attack adds to growing string of cross-chain infrastructure exploits.

Lombard joins LayerZero exodus as $4 billion in assets switch to Chainlink's bridge

The shift comes after the Kelp DAO exploit drained $292 million from its LayerZero-powered bridge, increasing concerns over the security of cross-chain infrastructure.

Dominance of Tether and Circle is a net bad for stablecoins, says Bridge executive

Miami Beach — The stablecoin universe, dominated by Tether and Circle, hampers competition that could lead to better product-market fit for some important use...

Kelp DAO Accuses LayerZero of Deflecting Blame for $300M Bridge Hack

The liquid restaking protocol argues that the 1-of-1 verifier setup at the center of the April 18 exploit was LayerZero's own documented default.Kelp DAO...

Kraken eyes IPO as it partners with MoneyGram to bridge crypto-to-cash gap

Miami Beach, FL — Arjun Sethi, co-CEO of Payward and Kraken, said the crypto exchange is “about 80% ready” to go public, underscoring the...