Bridge

On July 14, developers of the $1.5-billion Chinese cross-chain protocol Multichain confirmed users’ worst fears. The protocol’s CEO, identified only as “Zhaojun He,” was arrested by Chinese authorities in Kunming on May 21 after months…

Multichain bridging protocol LiFi has launched a multi-message aggregator for decentralized autonomous organization (DAO) governance, according to an Aug. 17 announcement from LiFi research lead Arjun Chand. If implemented by…

Exactly Protocol, a decentralized credit market on the Optimism (OP) blockchain, has been targeted by a bridge exploit worth as much as $12 million. Source link

Coinbase’s Base network began onboarding end users through a bridge UI, and the team announced Aug. 9 as the platform's official launch date. Source link

“Since we announced Base, our mission has been clear and consistent: bring the next billion users and next million builders on chain,” Jesse Pollak, the creator of Base and head of protocols at Coinbase, said in a press release sent to…

The Shiba Inu-based layer 2 blockchain is expected to start operations next month. Source link

The milestone highlights the demand for crypto users to transfer liquidity between chains and conduct cross-chain token swaps. Source link

Appchains, such as Gateway, are blockchains customized to operate a single application. Instead of building a decentralized application on top of an underlying blockchain like Ethereum, developers build their own blockchain from the…

Coinbase’s Base mainnet is now “open for builders,” according to a July 13 blog post from the network’s development team. The team is opening the network to builders ahead of its public launch to allow more time for user onboarding. Base…

“When an L3 or a validium sends the transaction data to Avail, the data attestation bridge provides the attestation on Ethereum,” Anurag Arjun, the founder of Avail, told CoinDesk. This then proves to Ethereum that “whatever data was…