Babylon Labs Brings New Momentum to Bitcoin ZK Tech Through Bridge to Cosmos Chains
Babylon, developer of the largest BTC staking protocol, is teaming up with Bitcoin developers Fiamma to build a trust-minimized bridge using BitVM2
Bridge
Stripe’s $1.1B Acquisition Target, Bridge, Buys Web3 Wallet Platform Triangle
Bridge acquired Triangle for an undisclosed amount.
Aggregation Is the Only Way to Unify Web3
Blockchains are stuck in silos, fragmenting liquidity and making for a clunky user experience. It’s time to tear down the walls.
Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M: Report
Bridge, founded by Square and Coinbase alumni, recently raised $40 million in a round led by Sequoia and Ribbit.
Cosmos DAO Osmosis to Adopt Fee-Free Bitcoin Bridge
Osmosis is achieving this through a revenue-share proposal with Bitcoin bridge Nomic.
Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain
Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development.
Union Labs Plans Polygon-to-Cosmos Bridge with New AggLayer Integration
The new technology from Union Labs comes after the blockchain interoperability project raised $4 million in November.
OG Bitcoin L2 Stacks Is Getting a Major Overhaul
The Nakamoto update will decouple block production from Bitcoin itself, solving the problem of network congestion Stacks has had since it launched its mainnet in 2021.
Chainlink Aims to Make Transfers Across Blockchains Safer with New Bridge App ‘Transporter’
The bridge leverages Chainlink’s CCIP tech, and allows users to transfer crypto assets across multiple blockchains, starting with Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, Polygon, and WEMIX.
Orbit Chain Loses $81M in Cross-Chain Bridge Exploit
Orbit Chain, a platform that interacts and transacts with various blockchains, has lost $81 million after hackers exploited the platform’s cross-chain bridge.