Bridge

(Charlie Green/Unsplash)
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.
(Charlie Green/Unsplash)

Wormhole (Getty Images)
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...
Wormhole (Getty Images)

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

(Clint Patterson/Unsplash)
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.
(Clint Patterson/Unsplash)

Markets Daily Podcast Cover
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...
Markets Daily Podcast Cover

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

(Getty Images)
Blockchain Bridges Keep Getting Attacked. Here's How to Prevent It
Crypto bridges are soft targets providing some of crypto's largest exploits this year.
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(Unsplash)
Blockchain Startup Hyperlane Raises $18.5M Round Led by Crypto Investor Variant
The platform helps developers connect applications across blockchains.
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Attackers trying to exploit Near Protocol’s Rainbow bridge lost some 5 ether after automated security processes kicked in. (Unsplash, modified by CoinDesk)
Hackers Lose 5 Ether While Trying to Attack Near Protocol’s Rainbow Bridge
Automated security processes caused the attackers to lose money while trying to submit a fabricated transaction on the Rainbow bridge.
Attackers trying to exploit Near Protocol’s Rainbow bridge lost some 5 ether after automated security processes kicked in. (Unsplash, modified by CoinDesk)

A researcher at security firm SlowMist said the attackers behind the Ronin bridge exploit converted part of their stolen funds from ether to bitcoin. (Utagawa Kunisada and Sadahide/Creative Commons, modified by CoinDesk)
Ronin Hackers Converted Some Stolen Ether to Bitcoin: SlowMist Researcher
The exploiters converted their ill-gotten gains initially to ether and then to bitcoin before using sanctioned mixers to mask their identities.
A researcher at security firm SlowMist said the attackers behind the Ronin bridge exploit converted part of their stolen funds from ether to bitcoin. (Utagawa Kunisada and Sadahide/Creative Commons, modified by CoinDesk)