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Bridges and Interoperability

Bridges and Interoperability

Bridges and Interoperability   -   Aug 09, 2024 Uniswap for Bridges Hyperlane Introduces $HYPE Token
Hyperlane hype

This token will help develop a network owned by developers, turning active contributors into stakeholders.

Bridges and Interoperability   -   Nov 03, 2023 Insiders Suspected of Making Gains from Multichain's Sudden Return
Multichain bridge

Multichain's abrupt service resumption sparked insider trading concerns. A swift $1.6 million profit made by one user hints at potential collusion.

Wrapped Bitcoin WBTC
Bridges and Interoperability   -   Aug 16, 2024 Stretching Wrapped Bitcoin: The $9 Billion Bridge Project Enters Into a Controversial Partnership

The combination of Justin Sun’s reputation and the existing troubles at Bitgo, Wrapped Bitcoin's (WBTC’s) custodian, is causing alarm within the crypto community. Many fear that this mix could lead to instability and credibility issues for the largest Bitcoin to Ethereum bridge.

Alexander Mardar
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Latest Articles 11 Articles
Bridges and Interoperability   -   Aug 16, 2024 Stretching Wrapped Bitcoin: The $9 Billion Bridge Project Enters Into a Controversial Partnership
Wrapped Bitcoin WBTC

The combination of Justin Sun’s reputation and the existing troubles at Bitgo, Wrapped Bitcoin's (WBTC’s) custodian, is causing alarm within the crypto community. Many fear that this mix could lead to instability and credibility issues for the largest Bitcoin to Ethereum bridge.

Alexander Mardar
Bridges and Interoperability   -   Aug 09, 2024 Uniswap for Bridges Hyperlane Introduces $HYPE Token
Hyperlane hype

This token will help develop a network owned by developers, turning active contributors into stakeholders.

Alexander Mardar
Bridges and Interoperability   -   Nov 03, 2023 Insiders Suspected of Making Gains from Multichain's Sudden Return
Multichain bridge

Multichain's abrupt service resumption sparked insider trading concerns. A swift $1.6 million profit made by one user hints at potential collusion.

Alexander Mardar
Bridges and Interoperability   -   Aug 28, 2023 $1.5 Billion Multichain Exit-Scam Allegedly Enforced By Chinese Police
China Multichain He

$1.5 billion of assets still locked in the Multichain protocol have reportedly been confiscated by Chinese police as part of a money-laundering investigation. However, one source suggests that this is just the latest face of police embezzlement in the country.

Jack Martin
Bridges and Interoperability   -   Jul 07, 2023 $100M+ and the CEO Missing: Things Aren’t Looking Great For Multichain
$100M+ and the CEO Missing: Things Aren’t Looking Great For Multichain

Multichain saw significant outflows yesterday causing fears of an exploit, as the team urged users to revoke all contracts until further notice. Meanwhile, CEO Zhaojun hasn’t been seen since the end of May, with rumors at the time suggesting he may have been arrested in China.

Jack Martin
Bridges and Interoperability   -   Jan 10, 2023 UPD: Nomad exploiter transfers about $1.5M to Tornado Cash

About $1.5 million was transferred from the address associated with the Nomad exploit to the Tornado Cash. Apparently the attackers are trying to cash out the funds.

Alex Harutunian
Bridges and Interoperability   -   Nov 12, 2022 The Story About How Vigilance Saved Money or Why It Is Necessary to Listen to the Community
The Story About How Vigilance Saved Money or Why It Is Necessary to Listen to the Community

A Twitter user found an exploit in the BitBTC bridge. But, the developers ignored the user's requests until someone started using the exploit.

Alex Harutunian
Bridges and Interoperability   -   Aug 18, 2022 Lazarus Vainly Attacked deBridge

North Korean group of hackers, Lazarus, attacked deBridge. The human factor has become a vulnerability again.

Alex Harutunian
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