Tag: multichain

Multichain is a Web 3.0 routing protocol that facilitates cross-chain interactions between various blockchain networks. Born as Anyswap, on 20th July 2020, the protocol is open-sourced and serves as an interoperable layer to support almost all blockchains (either integrated already or will be integrated in the future). Users can now freely transfer assets from any layer-1 network...

RSK is now the first Bitcoin sidechain that integrates with Multichain. The latter has a TVL of $1.9 billion. That makes it one of the top contenders in the field of cross-chain activity. This move makes it possible to move ETH, USDC, BUSD, and more between RSK, Ethereum, and the BNB Chain. As a result, Bitcoin gets better access to DeFi. The Multichain...

Last week, the crypto markets have continued to follow the downtrend established during Week 18. The reality, however, is that Week 19 was far worser than the week before. While the total cryptocurrency market capitalization dropped by $100 billion between April 28 and May 1, the loss in valuation between May 2 and May 8 was more than $150 billion, which leads us...

MultiChain, previously known as Anyswap, is an open-sourced, routing protocol that allows blockchain networks to inter-operate including Ethereum and other Layer 2 solutions. Users can currently access 26 chains and over 1,100 tokens through the platform interface. Also, the platform offers a bridge that supports both ERC721 and ERC1155 tokens....

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...

The DeFi space has continued to grow exponentially and is showing no signs of stopping soon. This fast-rising sphere has also experienced a myriad of top- notch updates in recent times. To keep our readers informed, Altcoin Buzz has published ten of the top DeFi updates that took place last week. These top DeFi updates include strategic partnerships, events,...

The global cryptocurrency space is generally in the red zone. Bitcoin is currently trading at $46,441 and popular altcoin Ethereum is also trading at $3,813. Despite the seemingly negative trading in the crypto space, some cryptos like NEAR and LINK are rising. For example, $NEAR token is currently trading at $16.78 which is a 14.16% increase over the last 7 days. Chainlink $LINK...

One of Ethereum's most popular decentralized exchanges is "going multichain." SushiSwap Expands SushiSwap has launched on a host of new blockchain protocols. ...

Ren Protocol recently announced that Multichain has been released into RenVM. The report on RenVM also said that new upgrades have been made on the RenJS library. As a result of the Multichain release and upgrades, new sets of assets and chains have become interoperable. The Multichain is here🎉 Bring...

Ren recently released their monthly report for October. The report covers certain areas of developmental updates on the Ren protocol. Areas covered include the Multichain, Multiwallet, RenVM, and future plans for the Ren Network. Updates on Multichain Ever since the Ren Multichain was released, many contributions have come from the open-source. The Ren development team has finalized which chains that will be part...

Popular, open DeFi platform Ren Protocol has released details of its recent activities. Ren Protocol, the fast-rising DeFi platform, furthermore disclosed that the launch of its community forum was one of its biggest updates in September. Community forum launch Ren launched its community forum in September. The forum is focused on running an inclusive project, one where everyone is allowed to contribute...