Techno Blender
Digitally Yours.
Browsing Tag

CrossChain

Conflux dubbed ‘Chinese Ethereum,’ will Avorak Cross-Chain Expose the Chinese Market?

Artificial intelligence has played a vital role in automating several activities in various industries, including healthcare and agriculture. The innovation is said to have integrated several mechanisms, such as deep learning, that help corporations communicate faster with their clients via chatbots. Blockchain technology needs this system for adverse improvements in self-adjusting techniques; therefore, users have a high chance of benefiting. AI crypto, such as Avorak, will make blockchains gain more traction. Conflux…

TMS Network (TMSN) Reenergizes Sluggish Market, While Fantom (FTM) Partners With SUPA & Solana (SOL) Gets Cross-Chain BTC Liquidity

The crypto market has taken a bullish outlook, prompting many investors to invest in growth-oriented projects. Subsequently, TMS Network (TMSN) is set to take over the position of the best cryptocurrency. Investors have poured in millions in the starting phase of its presale to gain the maximum benefits over the coming weeks. Meanwhile, established projects like Fantom (FTM) and Solana (SOL) are losing their charm. Hype Around Fantom’s (FTM) Crypto Bank Increases Since Fantom developer, Andre Cronje, revealed that the…

Why XRP and Hedera are beginning to explore AI solutions for cross-chain settlements

Many crypto projects have been including AI solutions to enhance different aspects of their ecosystems. Recent news suggests that XRP and Hedera are exploring AI solutions for cross-chain settlements. Several crypto watchers suggest Avorak AI can help crypto projects meet their AI needs. What is XRP? XRP is a digital currency created by Ripple Labs. XRP serves as a bridge currency between different crypto and fiat currencies, allowing for easy and efficient cross-border payments and remittances. XRP operates on the…

The Lingering Problem With Cross-Chain Bridges

In 2022 alone, almost a billion dollars was stolen from cross-chain bridges. These bridges were hit with shocking consistency, and it was like they were in some hacker's Blackbook. In fact, at some point, a cross-chain bridge heist was the second biggest heist in the history of crypto.If one were cynical, one would assume that cross-chain bridges are gifts to hackers and criminal-minded users on the blockchain. But that's hardly true. Interoperability is a vital part of the Web 3.0 infrastructure.Without interoperability…

Binance admits hackers used cross-chain bridge to steal at least $100M • TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Friday! How’s that for brevity in newsletter introductions? Let’s get to it so we can crack open a Liquid Death and let the week sag off into the murky distance of memory sooner rather than later. — Christine and Haje The TechCrunch Top 3 Uh-oh: Binance, one of the world’s largest cryptocurrency exchanges, confirmed that it found a blockchain bridge breach where hackers made off with…

Resolving the Problem of Leaking Cross-Chain Liquidity

Despite the soaring popularity of decentralized finance (DeFi), the crypto ecosystem is frequently criticized for its recurring liquidity shortfalls. Several competing realities underpin thin liquidity across the crypto universe. First, liquid assets are those assets that can be traded easily for cash. This means that there must be enough buyers in any market willing to put up cash for the assets. Herein lies the conundrum of the crypto market. Unlike their traditional counterparts (stocks, bonds, futures, and…