Cross-chain criminal activity has soared to over $21 billion, according to new research from Elliptic, a leading digital asset risk management firm. The figure marks a threefold increase from $7 ...
The web3 and cryptocurrency space is becoming increasingly more advanced, but with tech breakthroughs there also come significant new challenges. According to Elliptic’s State of Cross-Chain Crime ...
Elliptic, a crypto intelligence firm, has published an interesting blog post on the use, or abuse of, cross-chain bridges to launder funds. A cross-chain bridge allows value to hop to different ...
Cross-chain bridge impersonation has emerged as one of the most damaging and fast-growing menaces in the crypto ecosystem. As blockchain networks become increasingly more interoperable, cross-chain ...
Aug. 11 (UPI) --An unregulated cryptocurrency cross-chain bridge used to transfer the value between blockchains facilitated the laundering of at least $540 million in proceeds for lawbreakers, ...
Cross-chain blockchain infrastructure allows different blockchains to interact and share assets or information in a frictionless manner. Interoperability is at the core of this infrastructure, ...
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Cross-Chain Transfer Protocol (CCTP) Explained: How Does It Enable Seamless USDC Transfers Across Blockchains
Cross-Chain Transfer Protocol (CCTP) improves security and reduces costs for transferring USDC between blockchains. CCTP is permissionless and uses a burn-and-mint approach to transfer USDC, which is ...
Cross-chain communication lets apps use features from multiple blockchains, boosting functionality. Investing in tokens like Chainlink and Polkadot offers direct exposure to cross-chain tech growth.
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