Bridge

In November, following the protocol's loss of funding from Alameda, Ren accelerated its shift from Ren 1.0 to a more efficient, secure version.

By Lyllah Ledesma

Mar 1, 2023 at 8:26 p.m. UTC

Mar 1, 2023

Ren bitcoinStacksSTXMultiChainBridge

Markets

Trading

Volt Inu Community Passes Vote for $75M Token Burn, Plans Polygon Network Expansion

Some 12 trillion VOLT were staked in favor of the token burn proposal.

By Shaurya Malwa

Feb 14, 2023 at 12:10 p.m. UTC

Feb 14, 2023

TradingInvestingVoteBridgeburn

Finance

Cross-chain bridge

Synapse Token Surges 44% as Cross-Chain Momentum Builds

The token has outperformed the broader DeFi sector since the turn of the year as investors flock to its cross-chain bridge.

By Oliver Knight

Feb 2, 2023 at 1:18 p.m. UTC

Feb 2, 2023

cross-chain bridgeBridgeDeFiDecentralized Finance

Tech

Uniswap

Wormhole Wins Vote to Be Uniswap’s Designated Bridge to BNB Chain

Uniswap aims to deploy its version 3 decentralized exchange on BNB Chain before its business source license expires on April 1. LayerZero, a target of recent criticism for und...

By Sam Kessler

Jan 31, 2023 at 7:05 p.m. UTC

Jan 31, 2023

UniswapBnb chainVoteDAOBridge

LayerZero CEO Bryan Pellegrino at Crypto Bahamas 2022 (Danny Nelson/CoinDesk)

Tech

Bridge

Bridge Platform LayerZero Denies Allegations It Kept ‘Backdoor’ Secret

The allegations from the head of Nomad, a LayerZero competitor, come just before Uniswap votes on whether to partner with LayerZero.

By Sam Kessler

Jan 30, 2023 at 8:34 p.m. UTC

Jan 30, 2023

BridgeUniswapNomadDeFi

Finance

Defi

Swapping More Than $157M of ETH for stETH and Levering Up, the Wormhole Network Exploiter Is a DeFi Degen

The address that hacked one of the most popular cross-blockchain bridges Wormhole started moving capital in the DeFi ecosystem.

By Sage D. Young

Jan 24, 2023 at 8:57 a.m. UTC

Jan 24, 2023

DeFiLeverageLeveraged TradingHackerHackBridge

Podcasts

Crypto Update | Blockchain Bridges Keep Getting Attacked. Here's How to Prevent It

With both bitcoin and ether trading in a tight range over the past week amid swirling macroeconomic conditions, plus a look at how to hack a blockchain bridge, CoinDesk’s “Mar...

By Adam B. Levine Adrian Blust

Oct 21, 2022 at 5:51 p.m. UTC

Oct 21, 2022

PodcastsMarkets DailyBlockchainBridgeHacksTheftExploits

Bridge have recently been vulnerable to exploits. (Unsplash, modified by CoinDesk)

Markets

First mover

First Mover Asia: Why Bridges Are So Vulnerable to Exploit; Bitcoin Falls Under $19K

One crypto developer says that centralization and reliance on private key holders are to blame, not the inherent technology and logic behind the bridges themselves.

By Shaurya Malwa James Rubin

Oct 20, 2022 at 1:02 a.m. UTC

Oct 20, 2022

First MoverAsia PacificBitcoinEtherAltcoinsBridgeExploits