ZKSwap: The Blockchains’ Cross Chain
Since the conception of blockchain technology, there has been exponential growth in the development of decentralized technologies. Decentralized Finance or DeFi is one of the leading tech innovations in the 21st century. Adoption has grown and use cases have continued to diversify. The total value locked in the DeFi protocols have long exceeded $10 billion. […]
Related News
ZKSwap’s V2 upgrades include unlimited token listings and faster withdrawal times. Decentralized cryptocurrency exchange ZKSwap has announced that its upcoming V2 mainnet will go live on July 28 via the Layer 1 Ethereum mainnet. A layer 2 launch is planned to occur sometime thereafter on Binance Smart Chain, Huobi Eco Chain, and OKEx Chain.This update will introduce a variety of new features for third-party projects looking to list their tokens for trade, such as the allowance of unlimited token listings and pairs. The update will also lower cross-layer withdrawal times from 40 minutes....
PRESS RELEASE. ZKSwap developed by L2Lab is the first layer2 dex based on ZK-Rollups technology and using the AMM model. The team has recently closed a $1.7 million Angel Round led by Bixin, followed by Longling Capital, SNZ Holding, FBG Capital, Jubi, and Consensus Lab. After launching on the Ethereum Ropsten test network on November 16th, 2020, many community members have participated in the test and helped ZKSwap improve the product. To give back to the community, ZKSwap launched several testnet incentive programs to the users starting from November 27th, 2020, Beijing time. Details of....
ZKSwap has recently announced a major development in the form of the V2 launch. As the noise around the platform’s latest move continues to increase, we decided to reach out to its lead developer and ask him a few questions about it. NewsBTC (NB): Can you tell us more about the ZKSwap V2? Alex Lee […]
On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was the third-biggest crypto heist of 2022, and the ninth largest of all time.
Nomad Cross-Chain Bridge Exploited for $190 Million
Cross-chain bridges in the world of decentralized finance (defi) just can’t catch a break no matter how long they have been running and even after the bridges have been audited. On August 1, 2022, the cross-chain bridge Nomad suffered an attack that....
“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a button,” Injective Labs stated. Decentralized finance (DeFi) protocol Injective (INJ) has partnered with Wormhole to integrate “10 new blockchains” to its network. Injective is a Cosmos layer-2 decentralized exchange (DEX) that offers derivatives, token swaps and sports betting prediction markets. It is also focused on interoperability via cross-chain bridging, and currently supports digital assets from Ethereum,....