Cross-Chain Bridge Archives - The Defiant

The Nomad bridge is being exploited, with $45M in digital assets stolen so far.

Synapse plans to launch an optimistic rollup network that will serve as an execution layer for smart contract-enabled transactions

Effort Under Way to Identify Hacker as Harmony Halts Horizon Bridge

Nearly a billion dollars in crypto assets have been stolen from blockchain bridges in 2022.

Harmony is a sharded PoS smart contract platform. It also happens to be Robin’s first blockchain employer so he knows a little bit about it. It’s been growing an increasingly muscular TVL in DeFi thanks largely to DeFi Kingdoms, a gameified farming platform built around NFTs and the $JEWEL token. In this episode we take …

Wormhole, a bridge which facilitates asset transfers across seven different blockchain, got hacked on Feb. 2 to the tune of over $320M as a hacker minted 120,000 worth of a version of wrapped Ethereum on Solana. One day later, the funds are back. 

Decentralized finance, or DeFi, is exploding in popularity. Concentrated in the Ethereum ecosystem, it offers the types of services hitherto dominated by the legacy financial system such as lending, borrowing, and savings. But like the ICO craze of a few years ago, the growing mania around it has raised eyebrows from those with a deep …