Tag: cross-chain

May 04 2022

Polkadot blockchain launches cross-chain messaging protocol

May 04 2022 Published at Coinscreed under tags  cross-chain news polkadot polkkadot xcm

Polkadot has announced the creation of a new cross-chain communications protocol that will eliminate the need for complex bridging procedures which may lead to cyber attacks in the crypto industry. Polkadot's multichain ecosystem, which is founded on the idea of full interoperability, will benefit from the newly announced XCM messaging system. XCM channels are stated […]

Apr 15 2022

Will Elon Musk Accept Cardano (ADA) Founder’s “Alternative Twitter” Offer?

Elon Musk's bid to buy Twitter and take it private has sparked a lot of discussions. Charles Hoskinson, the CEO of IOG and founder of Cardano, commented that he is open to helping Musk build a decentralized social media platform should his Twitter bid fall through. Cardano's Charles Hoskinson offers to build decentralized Twitter with...

Jan 20 2022

Grey Hat Hacker Agrees To Return 80% Of Funds Stolen In Multichain Exploit

Cross-chain DeFi platform Multichain has been the latest in what is now a long line of DeFi protocols being exploited. This time around, the attackers were able to steal user funds from the platform by gaining access to accounts that haven’t revoked access to the platform. In total, about $1.5 million was lost to hackers but one hacker who stole about $200,000 is...

Nov 19 2021

Nov 01 2021

Oct 26 2021

Oct 19 2021

Aug 10 2021

Largest Defi Hack: Neo Initiated Two Defi Projects Suffer $610 Million Hack

Aug 10 2021 Published at Coingape under tags  bnbbkrw bnbbtc bnbbusd bnbeth bnbeur

Defi Interoperability protocol Poly Network suffered a major hack across Binance Binance Smart Chain (BSC), Ethereum (ETH), and Polygon. A total of $610 million worth of assets were transferred to three different addresses on mentioned blockchains. This could be potentially the largest defi hack in history. Important Notice:We are sorry to announce that #PolyNetwork was The post Largest Defi Hack: Neo Initiated Two...

Jul 23 2021

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