Jump Crypto Replaces Over $320M of Wormhole Wrapped ETH in DeFi Bailout
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.
Bridge Connecting NEAR Blockchain to Ethereum is Live
The Rainbow Bridge, which connects the NEAR blockchain to Ethereum, is live. NEAR Protocol is a proof-of-stake blockchain that hosts the NEAR platform, a decentralized development platform that facilitates scalable, decentralized apps with low gas fees and fast transaction speeds. The Rainbow Bridge is a decentralized, permissionless bridge protocol built by NEAR Protocol that allows…