Bridge

(Kevin Ku/Unsplash)
Defi Protocol LI.FI Struck by $11M Exploit
The exploit is reported to be related to the LI.FI bridge.
(Kevin Ku/Unsplash)

Ethan Buchman (left), co-founder of Cosmos, speaks about Bitcoin with Osmosis Labs co-founder Sunny Aggarwal, at Consensus 2024 in Austin, Texas. (CoinDesk)
Cosmos DAO Osmosis to Adopt Fee-Free Bitcoin Bridge
Osmosis is achieving this through a revenue-share proposal with Bitcoin bridge Nomic.
Ethan Buchman (left), co-founder of Cosmos, speaks about Bitcoin with Osmosis Labs co-founder Sunny Aggarwal, at Consensus 2024 in Austin, Texas. (CoinDesk)

Fantom Foundation CEO Michael Kong (Fantom)
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.
Fantom Foundation CEO Michael Kong (Fantom)

Union Labs team (Union Labs)
Union Labs Plans Polygon-to-Cosmos Bridge with New AggLayer Integration
The new technology from Union Labs comes after the blockchain interoperability project raised $4 million in November.
Union Labs team (Union Labs)

(CoinDesk TV)
OG Bitcoin L2 Stacks Is Getting a Major Overhaul
The Nakamoto update will decouple block production from Bitcoin itself, solving the problem of network congestion Stacks has had since it launched its mainnet in 2021.
(CoinDesk TV)

Chainlink co-founder Sergey Nazarov speaks at the project's SmartCon conference this week in Barcelona. (Chainlink)
Chainlink Aims to Make Transfers Across Blockchains Safer with New Bridge App 'Transporter'
"Having a secure way to move both value and data across chains is something the blockchain industry has needed for years," Chainlink co-founder Sergey Nazarov said.
Chainlink co-founder Sergey Nazarov speaks at the project's SmartCon conference this week in Barcelona. (Chainlink)

Man typing on a keyboard. (Shutterstock)
Socket, Bungee Restart Operations After Apparent $3.3M Exploit
The platform experienced a security incident late Tuesday that affected wallets with infinite approvals to Socket contracts, developers said.
Man typing on a keyboard. (Shutterstock)

Cross-chain bridge attacks equal $2B in 2022 (Charlie Green/Unsplash)
Orbit Chain Loses $81M in Cross-Chain Bridge Exploit
The hacked funds remain "unmoved" according to Orbit Chain.
Cross-chain bridge attacks equal $2B in 2022 (Charlie Green/Unsplash)

(Amélie Mourichon/Unsplash)
The Death of Compromise, and a Way Forward for Crypto
Lessons for TradFi and DeFi from some toppled LEGO.
(Amélie Mourichon/Unsplash)

Socket co-founders, Rishabh Khurana and Vaibhav Chellani (Socket)
Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability
The fundraise comes as "cross-chain" protocols from the companies including LayerZero and Chainlink have attracted investors, despite the bear market – assuming a future where...
Socket co-founders, Rishabh Khurana and Vaibhav Chellani (Socket)