Cross-Chain Protocols | ForkLog

ForkLog 7 23.04.2024

Arkham Identifies Millions in ‘Forgotten’ Crypto Assets on Cross-Chain Bridges

Tokens worth millions of dollars remain unclaimed in contracts associated with cross-chain bridges, according to experts at Arkham Intelligence, reports The Block. Experts identified several such addresses belonging to major players in the DeFi and NFT sectors, including a presumed connection to Ethereum co-founder Vitalik Buterin. “There are dozens of accounts with six to seven-figure […]

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ForkLog 15 04.04.2024

Wormhole Airdrop Draws Scammers, Token W Drops 20%

On April 3, the cross-chain protocol Wormhole conducted an airdrop of its W token, which was subsequently listed by many CEX. However, the airdrop attracted significant attention from scammers, adversely affecting the token’s price. According to on-chain investigator ZachXBT, the official announcement from developers was flooded with “tons” of phishing attempts from fraudulent accounts, many […]

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ForkLog 26 03.04.2024

Wormhole Unveils W Token Roadmap Ahead of Airdrop

The Wormhole team has outlined the development plan for the native W token and detailed its cross-chain integration. Following the token claim opening for airdrop participants, several CEXs will list the asset. In anticipation of the W token distribution, developers of the cross-chain protocol Wormhole discussed future plans for its development and integration into various […]

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ForkLog 16 07.03.2024

Avalanche Developers Activate Durango Update and Introduce Teleporter

The Avalanche team has launched Teleporter, a tool designed to enhance messaging processes within the project’s subnet ecosystem. The Age of Interoperability is here ?? With today’s launch of Teleporter, Avalanche becomes a seamlessly linked network of many chains that communicate so smoothly they feel like a single chain. Let’s dig in to Teleporter and […]

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ForkLog 27 07.03.2024

Wormhole Distributes 617 Million W Tokens in Airdrop

The cross-chain protocol Wormhole, based on Solana, has distributed 617.3 million W tokens across 397,704 wallets as part of an airdrop. Enter the Wormhole.https://t.co/GxyfY14PyL pic.twitter.com/qlQBAjqjcO — Wormhole (@wormholecrypto) March 6, 2024 The assets represent 6.17% of the total issuance of 10 billion coins. The initial market offering consists of 1.8 billion W, distributed in ERC-20 […]

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ForkLog 4 22.02.2024

Wormhole to Leverage AMD Chips for Enhanced Scalability

The blockchain interoperability platform Wormhole is set to employ enterprise-grade hardware accelerators from AMD to scale its inter-network connections. Wormhole is expanding the ecosystem by adding AMD as a hardware accelerator provider to make enterprise grade hardware available to the Wormhole ZK ecosystem for trustless interoperability. Read the blog for more info: https://t.co/SkhIU7qdHW — Wormhole […]

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ForkLog 15 15.02.2024

TRON Team to Develop Bitcoin Layer 2 Scaling Solution

Justin Sun, the founder of TRON Foundation, has announced plans to develop a Layer 2 network based on TRON to scale Bitcoin. The roadmap includes integrating a cross-chain solution to connect tokens from both ecosystems. #TRON Announces Its Bitcoin Layer 2 Solution and Road Map Today is a significant day for #TRON. Let’s make #Bitcoin […]

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ForkLog 19 13.02.2024

Cross-Chain Project Analog Secures $16 Million at $120 Million Valuation

The cross-chain infrastructure project Analog has raised $16 million in seed funding, reports The Block.

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ForkLog 22 08.02.2024

Wormhole Announces Token W Airdrop

The cross-chain protocol Wormhole, based on Solana, will conduct an airdrop of its own token, W. Whttps://t.co/3wyyzIS6KQ — Wormhole (@wormholecrypto) February 7, 2024 Out of a total issuance of 10 billion coins, 1.8 billion W will initially enter circulation. 85% of the asset volume will be unlocked over four years. According to the project’s tokenomics, […]

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ForkLog 9 31.01.2024

ZetaChain to Launch Mainnet Connecting Bitcoin, Ethereum, and Other Networks

The interoperability-focused blockchain platform ZetaChain is set to launch its mainnet within the “next few days,” according to The Block. The ZetaChain mainnet will integrate with various chains, from Bitcoin and Ethereum to blockchains within the Cosmos ecosystem. According to the latest statement, the initially supported networks will also include BNB Chain. ZetaChain is excited […]

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ForkLog 10 25.01.2024

Former Orbit Bridge Employee Suspected of Aiding $80 Million Attack

South Korean company Ozys, the developer behind the cross-chain bridge Orbit Bridge, accused a former employee of aiding a recent attack on the protocol. According to preliminary investigation results, on November 22, 2023, the Chief Information Security Officer weakened the internal firewall settings. Two days earlier, this employee had submitted a resignation letter. He left […]

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ForkLog 9 23.01.2024

Socket Recovers 1032 ETH Following Security Breach

The team behind the cross-chain bridge aggregator Socket has recovered 1032 ETH (equivalent to $2.3 million at current prices) that were lost due to an exploit in the Bungee protocol last week. FUND RECOVERY UPDATE We have successfully recovered 1032 ETH from the funds involved in the incident on 16th Jan. We will release a […]

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