The cryptocurrency ecosystem has come a long way since the launch of Bitcoin (BTC) and in the last few years smart contracts have revolutionized the industry. With that said, there is still plenty of progress to be made when it comes to integrating blockchain technology to peer-to-peer, business to business and business to consumer payment systems.Alchemy Pay aims to further … [Read more...] about Alchemy Pay gains 77% after exchange listings and cross-chain integrations
Crosschain
First cross-chain governance proposal passes on Aave
On Monday, the first cross-chain governance proposal passed on decentralized finance, or DeFi, borrowing and lending platform Aave (AAVE). According to DeFi Llama, the amount of total value locked on Aave is approximately $12 billion. As told by its developers, a proposal executed on Aave, which is built on the Ethereum (ETH) network, was sent to the Polygon (MATIC) FxPortal. … [Read more...] about First cross-chain governance proposal passes on Aave
Opera Releases Web 3 Browser Ahead of Cross-Chain Wallet Launch
“We actually believe that browsers will be more important in Web 3 than they were in Web 2,” Jorgen Arnesen, vice president of Web 3 at Opera, told CoinDesk in an interview. “We’ve been around the block for 25 years, and around Web 3 since 2018. A multi-chain token strategy will be essential to a good user experience.” Source link … [Read more...] about Opera Releases Web 3 Browser Ahead of Cross-Chain Wallet Launch
Allbridge Raises $2M to Expand Cross-Chain Token Bridge
Launched seven months ago, San Francisco-based Allbridge serves as a bridge for transferring assets between Ethereum Virtual Machine (EVM) and non-EVM compatible blockchains. Supported chains include Solana, Avalanche, Fantom, Celo, Polygon, Ethereum, BSC and Terra. Source link … [Read more...] about Allbridge Raises $2M to Expand Cross-Chain Token Bridge
Vitalik Buterin on why cross-chain bridges will not be a part of the multi-chain future
In a much-publicized tweet this past week, Vitalik Buterin voiced his opposition to the use of cross-chain solutions by Ethereum and other blockchains, in favor of a multi-chain future.My argument for why the future will be *multi-chain*, but it will not be *cross-chain*: there are fundamental limits to the security of bridges that hop across multiple "zones of sovereignty". … [Read more...] about Vitalik Buterin on why cross-chain bridges will not be a part of the multi-chain future