cross-chain bridge
Exploring Cross-Chain Bridges: Enhancing Blockchain Interoperability
Cross-chain bridges facilitate secure data and asset sharing between blockchains, enhancing interoperability, DeFi opportunities, and user flexibility within the blockchain ecosystem.
Significant Crypto Hacks in December 2023, with Orbit Bridge Exploit Leading the Surge
In December 2023, a significant increase in crypto thefts was triggered by an $81.5 million attack on Orbit Bridge, marking one of the largest attacks on cross-chain bridges in recent years.
185 Blockchain Hacking Incidents with $920M Loss Reported by SlowMist in First Half of 2023
SlowMist, a renowned blockchain security firm, has recently published its mid-2023 report on Blockchain Security and Anti-Money Laundering (AML). The report offers a comprehensive overview of the current global landscape of blockchain security and AML developments.
Cross-Chain Crime Hits $7B: North Korean Ties Unveiled
The recent revelation by Elliptic highlights a troubling surge in cross-chain crime, now amounting to $7 billion, with North Korean affiliated Lazarus Group playing a significant role. These findings from the 2023 edition of 'The State of Cross-chain Crime' report, outstrip previous forecasts, underscoring an urgent call for bolstered security measures and refined blockchain analytics to confront the escalating menace.
Dubai’s Free Zone to Bridge the UAE-India Agriculture Trade Gap with Blockchain
Dubai Multi Commodities Centre has established a blockchain agriculture trading and sourcing platform to link India's rural farmers with the UAE food sector.
Ripple says XRP Can Be Used as a Bridge Currency for CBDCs, Will This Push XRP Higher?
Ripple released a new whitepaper that depicted XRP's utility as a bridge currency for CBDCs. XRP has broken through the key level of $0.50. What should be expected of the cryptocurrency in the short term?
Cardano to Launch ERC-20 Converter and Cross-Chain Communication for Interoperability Between Networks Including Bitcoin
Cardano founder and IOHK CEO Charles Hoskinson recently announced in his YouTube video that the current roadmap for the Shelley hard fork will be going according to plan, scheduled on July 29, 2020.
PARSIQ Integrates Chainlink Oracle Price Feeds to Trigger Off-Chain Actions and Trading Decisions
Blockchain monitoring and automation platform PARSIQ has integrated Chainlink price oracles to trigger off-chain actions and trading decisions.
FinTech in Belt and Road - the UK FinTech Bridge
In the second round of our interviews at the Belt and Road Summit 2019 in Hong Kong, Blockchain.News gained further insights from European representatives Germany, as well as soon to be European exiters—the UK to learn more about their countries’ latest developments related to the Belt and Road Initiative.
ASIFMA: Tokenized Securities Might Bridge the Current Mainstream Finance with the New Digital World
ASIFMA (the Asia Securities Industry & Financial Markets Associations) has availed a new white paper that reveals a roadmap for regulators and market participants on tokenized securities.
Is Ripple’s Blockchain-Powered XRP Ledger Superior to SWIFT for Cross-Border Payments?
Ripple, compared to SWIFT payments network, may be a cheaper, more transparent, and more secure alternative for the future of payments and online banking.
Ripple CTO Assesses XRP as a Bridge Cryptocurrency Between CBDCs, Stablecoins, and Fiat
Ripple’s CTO David Schwartz discussed the key role Ripple (XRP) tokens and other cryptocurrencies would play in a market where CBDC was becoming a hot topic.
Ripple to Launch Payment Corridor in Kuwait while Continuing to Seek CBDC Opportunities for XRP
Kuwait Finance House (KFH) becomes the first bank in Kuwait to leverage Ripple’s services to settle cross-border payments.
Chinese City Tests Blockchain-Powered Cross-Border Financial Platform
Nanning, a Southern Chinese City, located in Guangxi Region, has experimented with a blockchain-enabled cross-border financial platform.
Ways DeFi is Changing Finance and its Stand in 2020
Decentralized finance (DeFi) is the bridge between traditional centralized currency and decentralized cryptocurrencies like Bitcoin, Ethereum. Here's how it's changing finance.
Ant Group Launches Blockchain-Powered System to Help SMEs in Cross-Border Trade
China's Ant Group established a blockchain-enabled smart contract platform Trusple to assist small and medium enterprises (SMEs) for cross-border trades.