#EVM Hack
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'২৪-এর ভোটে 'EVM হ্যাক'! আশঙ্কা মমতার
কলকাতা: ২০২৪-এর ভোটে ইভিএম হ্যাকের আশঙ্কা তৃণমূল নেত্রীর। ‘ইভিএম হ্যাক করার নানা পরিকল্পনা হচ্ছে, ‘ইন্ডিয়া’র পরবর্তী বৈঠকে আলোচনা হবে।’ আশঙ্কা প্রকাশ করেও আগামী লোকসভা ভোটে জয়ের ব্যাপারে আশাবাদী মমতা বন্দ্যোপাধ্যায়। তাঁর দাবি, ‘বিজেপিকে হারিয়ে ভোটে জিতবে ‘ইন্ডিয়া’। তৃণমূল নেত্রী মমতা বন্দ্যোপাধ্যায় বলেন,’ওরা ইলেকট্রনিক মেশিন হ্যাক করার নানা চেষ্টা করছে। আমাদের কাছেও এসেছে। কিছু প্রমাণ এসেছে, কিছু…
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पेजर फट सकता है तो ईवीएम हैक क्यों नहीं हो सकती, जानें चुनाव आयोग ने क्या दिया जवाब
पेजर फट सकता है तो ईवीएम हैक क्यों नहीं हो सकती, जानें चुनाव आयोग ने क्या दिया जवाब #News #NewsUpdate #newsfeed #newsbreakapp
Delhi News: चुनाव आयोग ने महाराष्ट्र और झारखंड में विधानसभा चुनावों का ऐलान कर दिया है। मुख्य चुनाव आयुक्त राजीव कुमार ने दोनों राज्यों में विधानसभा चुनाव के लिए तारीखों की घोषणा करते हुए एक बार फिर ईवीएम पर उठाए जाने वाले सवालों को खारिज किया। उन्होंने इस दौरान हाल में उठाए गए उस सवाल का भी जवाब दिया जिसमें कहा गया कि पेजर फट सकता है तो ईवीएम क्यों नहीं हैक हो सकता है। मुख्य चुनाव आयुक्त ने कहा…
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Unveiling the Shadow: EVM Hacks and the Integrity of Indian Elections
Unveiling the Shadow: EVM Hacks and the Integrity of Indian Elections India, the world’s largest democracy, takes pride in its electoral process, which is considered one of the most robust and transparent in the world. However, in recent years, concerns have been raised about the integrity of Indian elections, particularly regarding the security of Electronic Voting Machines (EVMs). EVMs are…
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Btw guys aaj evm hack nahi hua 👀
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Former Indian IT MoS Rajeev Chandrashekhar gets into debate with Elon Musk on EVM hacking
http://i.securitythinkingcap.com/T8PWsq
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Latest News, Live Updates Today June 16, 2024: Japanese climber dies, another missing during Pakistan mountain expedition
New Post has been published on https://petn.ws/pJtpT
Latest News, Live Updates Today June 16, 2024: Japanese climber dies, another missing during Pakistan mountain expedition
Follow all the updates here: June 16, 2024 8:26 PM IST India News Live Updates: ‘Chat bhi meri, pat bhi meri’: Jyotiraditya Scindia attacks Rahul Gandhi over EVM hack claims Union Minister Jyotiraditya Scindia said that Congress and Rahul Gandhi attack claim EVM fraud only when their party loses the polls. Read the full story […]
See full article at https://petn.ws/pJtpT #OtherNews
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Ethereum L2 Solution Eclipse Completes $50 Million Funding Round
Another player has entered the crowded Ethereum Layer 2 (L2) arena.
On March 11, 2024, Ethereum L2 solution Eclipse, which utilizes the Solana Virtual Machine (SVM), announced the completion of a $50 million Series A funding round, led by Placeholder and Hack VC, bringing its total funding to $65 million.
What innovative features and highlights does it bring to the Ethereum L2 landscape? Let's summarize.
Eclipse: Standing on the Shoulders of Giants Eclipse combines the best parts of modular stacks:
Settlement: Ethereum — Eclipse settles on Ethereum (i.e., the built-in verification bridge will be located on Ethereum) and uses ETH as its gas token.
Execution: Solana Virtual Machine (SVM) — Eclipse runs a high-performance SVM as its execution environment.
Data availability: Celestia — Eclipse publishes its data to Celestia for scalable data availability (DA).
Proof: RISC Zero — Eclipse utilizes RISC Zero for ZK fraud proofs (without intermediate state serialization).
Ethereum Settlement Eclipse's mainnet's verification bridge on Ethereum will be directly built into Eclipse. Eclipse nodes will use this bridge to determine the "canonical chain." The bridge enforces correct sequencing for Eclipse. Eclipse nodes must also run Ethereum full nodes. The bridge validates all Eclipse transactions, preventing invalid state submissions. Additionally, it can survive and resist censorship even in certain failure scenarios, such as if the sequencer fails or starts censoring on L2, users can force-in their transactions via the bridge.
Eclipse recognizes the importance of Ethereum-native assets, so Eclipse will use ETH as the gas token. Eclipse's mainnet has no plans to have its own token.
Eclipse Chooses Solana VM A virtual machine is software that can run programs. Specifically, a virtual machine executes blockchain smart contracts. Why did Eclipse choose to use Solana VM?
Performance: Ethereum and other EVM blockchains operate with only one program running at any given point, known as "single-threaded." Solana VM is a highly parallel runtime, capable of running multiple programs simultaneously if there are multiple cores, significantly improving throughput.
Security: Certain languages (such as Rust) can more easily prevent many errors that Solidity cannot prevent. For example, Ethereum smart contracts are susceptible to so-called reentrancy attacks.
Community: Popular blockchains like Ethereum and Solana have fostered vibrant developer communities around EVM and SVM, respectively. This means better tools and developer support compared to newer virtual machines like Move VM or Fuel VM.
Ease of use: Languages like Solidity are easier to write code in, and not all bytecode supports compilation from Solidity.
In summary, Eclipse's mainnet chooses to run on Solana Virtual Machine (SVM). However, it can also support programs built for Ethereum Virtual Machine (EVM) using Neon EVM. In the future, Eclipse plans to add other bytecode formats based on dApp requirements. Existing tools for EVM (such as Truffle or Remix) or SVM (such as Solana CLI or Seahorse Lang) can be used.
Eclipse Utilizes Celestia for DA
The current bandwidth of Ethereum does not support the target throughput and fees of the Eclipse mainnet. Even after EIP-4844 (also known as "Proto-danksharding"), which provides approximately 0.375 MB of blob space per block (with a limit of about 0.75 MB per block), the situation remains unchanged. For basic compressed ERC-20 transfers (approximately 154 bytes per transaction), this translates to about 213 transactions per second (TPS) for all rollups. For compressed swaps (approximately 400 bytes per transaction), this equals about 82 TPS for all rollups.
In contrast, Celestia is set to launch 2 MB blocks later this year. Once enough Data Availability Sampling (DAS) light nodes come online and the network stabilizes, Blobspace is expected to increase to 8 MB shortly after launch. DAS light nodes serve two crucial functions: enabling users to self-verify Eclipse block data availability and contributing to the secure scaling of the entire network. Celestia's DAS light nodes have supported encrypted economic security attributes and highly scalable DA throughput since day one, making it the clear choice for today's Eclipse mainnet. Eclipse also intends to monitor Ethereum's progress in DA scaling post-EIP-4844 and will evaluate the possibility of migrating to Ethereum DA if it benefits users.
Fraud proofs use RISC Zero. While the Eclipse mainnet deploys optimistic rollup, it is concurrently developing zero-knowledge rollup. For optimistic rollup, the sequencer orders transactions and publishes the generated state root with bounties to the Ethereum layer 1. Validators can re-execute transactions, and if there are disagreements, validators can challenge the state root through settlement. If validators are correct, rewards are granted. Eclipse utilizes RISC Zero to create ZK fraud proofs without the need for intermediate state serialization.
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Berachain Testnet: A Guide To A Zero-cost Airdrop
Today, we bring you the most hyped-up airdrop guide: the Berachain Testnet! Berachain is a high-performance, EVM-compatible blockchain built on Proof-of-Liquidity consensus on the Cosmos SDK. Impressively, the project has raised over $42 million in funding from VCs such as Polychain Capital, Hack VC, and many others. In this post, you will be guided step by step on how to navigate the…
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Modefi coin airdrop guide
Modefi’s main objective is developing Oracle blockchain solutions that empower true decentralization of data on-chain for integration via Smart Contracts. Modefi’s suite of Oracle solutions will provide higher level transparency, precise data, and a fully trustless ecosystem.
Oracle manipulation has been one of the biggest culprits when it comes to contracts and DeFi hacks. Protocols are exposing their users to potentially massive risks when relying on centralized or single data point oracles within their eco-systems.
Modefi’s Oracle Solution Suite will allow DeFi protocols to reduce the potential of putting their users’ hard earned capital at risk due to unforeseen circumstances.
Mode is an Ethereum layer-2 blockchain designed for hyper-growth. Mode is built using Optimism’s OP Stack which enables rapid application development and deployment of EVM-compatible applications. The goal of Mode is to empower developers and users to grow an ecosystem of world-class applications and be directly rewarded for their contribution to the ecosystem through referral and contract-secured revenue.
Mode is airdropping 550,000,000 MODE to early airdrop participants.
Sign up for the airdrop, connect your wallet and bridge tokens Mode to collect points. Also refer your friends to earn more points. Points will be converted to MODE at token launch.
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Best Decentralized Applications (dApps) in 2024
Decentralized applications are becoming increasingly popular and are gradually becoming the preferred option for users due to their advanced features and security. These applications offer more advanced functionality compared to non-decentralized applications. Unlike traditional apps controlled by single entities, dApps run on distributed networks like blockchains, giving users more control over their data and assets. They are not beholden to the whims of a single company or subject to censorship or shutdowns. Also, the code governing dApps is often open-source and publicly verifiable, promoting transparency and trust. Users can see how the app works and verify its fairness and security.
One of the major advantages of dApps over others is that dApps can introduce new ownership models through tokens or NFTs, allowing users to own and monetize their contributions and interactions within the ecosystem. This feature attracts more users to select the dApps and developers to create more feature-rich dApps. Finding the best dApps is more complex and time-consuming, this blog will help you to sort out the best decentralized applications in 2024 so you can ensure the best dApps you need.
What is a dApp? A dApp or decentralized application is an application that runs on a peer-to-peer network, such as a blockchain, rather than on a single computer or server. This means dApps Offer more security and privacy which means Data is stored and processed across the network, making it more resistant to hacks and data breaches. Users often have more control over their data than with traditional apps. No company or government can shut down a dApp or censor its content because dApps give full control to the users and developers respectively.
Decentralization and Censorship Resistance Many dApps have open-source code, allowing anyone to inspect how they work and verify their fairness. This contrasts with traditional apps where users must trust the developer. However, selecting the right reliable network is important. For example, The CosVM network has a notable advantage in this only because its unique combination of EVM compatibility and Cosmos SDK sets it apart in the world of dApps. Developers can leverage the familiarity of the EVM with its vast ecosystem of tools and resources, while also enjoying the scalability and interoperability benefits of the Cosmos network. This hybrid approach creates a powerful platform for building dApps that can function across multiple chains, catering to a wider user base and fostering greater collaboration within the blockchain space.
Transparency in dApps like Cosvm is a major advantage for users who are increasingly wary of centralized platforms. Not only can they verify the fairness of the code, but they can also benefit from the enhanced security and efficiency that blockchain technology offers. Imagine making cross-chain transactions without relying on intermediaries, or using dApps on different blockchains with seamless interoperability. This opens up a vast potential for new applications and innovative solutions, allowing users to take greater control over their digital assets and data.
Security and Privacy Decentralized applications, commonly known as dApps, have gained popularity over the last few years due to their enhanced security and privacy features. Unlike traditional applications that store data on a single server, dApps operates on a decentralized network, which means that data is distributed across several nodes, making it less vulnerable to hacks and data breaches.
The security of dApps is further enhanced by using blockchain technology, which often employs advanced cryptography to secure data and transactions. In essence, blockchain technology creates a transparent and tamper-proof record of all transactions that take place on the network, thereby preventing any unauthorized access or tampering of data.
Another significant advantage of dApps is that users can interact with them while maintaining their anonymity. Unlike centralized applications that require users to provide personal information such as name, email, and phone number, dApps do not require any personal information. This feature enhances privacy and protects users from data breaches and identity theft. The network previously mentioned fulfills all of the specified criteria that were outlined earlier in the conversation.
Conclusion By the analysis of the top dApps of 2024, it can be ensured that the dApps are the future of apps. But there are also some challenges that the dApps want to overcome like the Technical Complexity while using and interacting with dApps, which can be more complex than traditional apps, requiring some understanding of blockchain technology and cryptocurrency wallets, The legal and regulatory landscape surrounding dApps is still evolving, creating uncertainty for developers and users and also Some dApps struggle with scalability and transaction speeds, while security vulnerabilities can present risks for users.
By ensuring both transparency and advanced functionality, projects like Cosvm represent a step forward in building trust and fostering wider adoption of blockchain technology. With its open-source code, interoperable dApps, and user-centric approach, Cosvm empowers developers and paves the way for a more secure, efficient, and inclusive future for decentralized applications.
So using the best dApps will ensure that users avoid most of these difficulties. However, it's important to acknowledge that "best" is subjective and depends on individual priorities and perspectives. There are other outstanding blockchain projects with unique strengths and areas of focus. Overall, these three blockchain projects are a combination of decentralization, accessibility, innovation, and community involvement that have significantly impacted the blockchain industry and solidified its position as one of the most influential and well-respected projects in the space.
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Membros da comunidade de criptomoedas compartilharam seus sentimentos sobre a violação do Ledger Connect no dia seguinte ao hack.
Membros da comunidade Crypto publicaram sua resposta a uma vulnerabilidade do Ledger Connect Kit que afeta vários aplicativos descentralizados (DApps) no espaço Web3.
Em 14 de dezembro, um hacker usou o conector Ledger para atacar front-ends de vários DApps. A exploração comprometeu aplicativos conhecidos como SushiSwap, Phantom e Revoke.cash e roubou pelo menos US$ 484.000 em ativos digitais.
Ledger anunciou que resolveu o problema três horas após o ataque ter sido inicialmente relatado. O CEO da empresa, Pascal Gauthier, disse que este foi um incidente isolado e observou que estão trabalhando com as agências policiais relevantes para encontrar os hackers e levá-los à justiça.
Embora Ledger afirme que este é um incidente isolado, o conjunto de conhecimento zero da Consensys, Linea, alertou os usuários do Web3 que a vulnerabilidade poderia impactar todo o ecossistema da Máquina Virtual Ethereum (EVM).
Um dia após o incidente, os membros da comunidade acessaram o X (Twitter) para expressar seus sentimentos sobre o incidente do Ledger. Alguns estão aconselhando os seguidores a usar outras plataformas de carteira, enquanto outros estão pedindo que a Ledger abra o código-fonte de tudo.
15 de dezembro, Bitcoin BTC As ações caíram US$ 42.882. Os apoiadores de Brad Mills estão dizendo a seus seguidores X para usarem hardware Bitcoin puro construído por engenheiros Bitcoin focados em proteger o BTC. Mills instou os membros da comunidade a nunca usarem carteiras de hardware Ledger ou Trezor para fazer com que seus amigos ingressem no BTC.
Em 2020, ocorreu outro vazamento de informações de usuários no Ledger
#btc #bitcoin #bnb #ethereum #bitcoincash #eth #criptomoedas #crypto #cryptocurrency #cripto #criptomonedas #token #coin #criptoativos #cryptonews #cryptomarket #cryptoinvestor #noticiascriptomonedas #criptomoedasbrasil #criptonoticias #cryptoworld #cryptomarket #cryptotrading #cryptocurrencies #cryptolife #cryptotrader #defi #nft #web3 #blockchain #blockchaintechnology
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Nath blames faulty EVMs for crushing defeat in Assembly elections in Madhya Pradesh
Congress Party state president Kamal Nath has questioned the accuracy of the Electronic Voting Machines (EVMs) used in the November 17th polls. The allegations came days after Congress faced a crushing defeat in the state.
Recently, Nath chaired a review meeting of Congress candidates to find reasons for their poor performance in the recent assembly elections. He also claimed that more than 100 EVMs were found to be 99% charged at the time of counting. “How can the machines be charged 99% if they have been used for voting for 10 hours?” he asked.
He further alleged that these are the EVMs with most of the votes recorded for BJP, the party that won the elections in Madhya Pradesh. BJP secured 163 out of 230 assembly seats whereas Congress secured 66 seats and stood at the second number.
Nath stated that there were several instances where the party members did not get more than 50 votes from their own villages. “How is this possible? EVMs were tampered with to help the BJP,” he claimed.
Earlier, Senior Congress leader Digvijaya Singh also made claims about the accuracy of EVMs. “We pressed the (EVM) button and did not know where the vote had gone. Now when VVPAT comes, it is shown for 7 seconds. The basic thing is that the machine in which the chip is installed can be hacked,” he alleged.
As of now, there were no comments on the issue from the state’s chief electoral officer Anupam Rajan.
Bhartiya Janta Party however had responded saying that it was Congress making vague accusations to cover up for their defeat.
“To save themselves from any action, Kamal Nath and Digvijaya Singh are now accusing EVMs for the loss. They should accept that they failed to get a public mandate because of their anti-national thoughts and lies,”
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Altcoin dünyasında yeniden bir hack haberiyle karşınızdayız. Curve Finance üzerinde Vyper kullanan birkaç stable havuz 30 Temmuz’da hacklendi. Vyper’ın 0.2.15, 0.2.16 ve 0.3.0 sürümleri kusurlu reentrancy kilitlerine karşı savunmasızdır.Altcoin için tahlil sonuçları ne diyor?Güvenlik firması Ancilia tarafından etkilenen mukaveleler üzerinde yapılan bir tahlil var. Buna nazaran, 136 mukavelede reentrant muhafazalı Vyper 0.2.15, 98 kontratta Vyper 0.2.16 ve 226 mukavelede Vyper 0.3.0 kullanıldı.https://twitter.com/CurveFinance/status/1685693202722848768 İlk incelemeye nazaran, Vyper derleyicisinin kimi sürümleri, bir mukaveleyi kilitleyerek birden fazla fonksiyonun tıpkı anda yürütülmesini engelleyen reentrancy müdafaasını gerçek formda uygulamamaktadır. Reentrancy taarruzları potansiyel olarak bir kontrattaki tüm fonları tüketiyor. Reentrancy saldırısı, blockchain teknolojisi ve bilhassa Ethereum platformu üzerinde çalışan smart contractlerde meydana gelebilecek bir güvenlik açığıdır.Vyper nedir?Vyper, altcoin Ethereum Sanal Makinesini (EVM) hedefleyen mukavele odaklı, Pyhton odaklı bir programlama lisanıdır. Vyper’ın Python’a benzerliği, bu lisanı Python geliştiricilerinin Web3���e atlamaları için başlang��ç noktalarından biri haline getirmektedir. Saldırıda bir dizi merkezi olmayan finans projesi hedefteydi. Merkezi olmayan borsa Ellipsis açıklama yaptı. Buna nazaran BNB’li az sayıda stable havuzun eski bir Vyper derleyicisi kullanılarak hacklendiğini bildirdi.Altcoin Alchemix’in alETH-ETH havuzundan 13,6 milyon dolar çıktı. Ayrıyeten JPEGd’nin pETH-ETH havuzundan 11,4 milyon dolar ve Metronome’un sETH-ETH havuzundan 1,6 milyon dolar çıktı. Altcoin Curving Finance CEO’su Michael Egorov daha sonra bir Telegram kanalında açıklama yaptı. Buna nazaran 22 milyon doların üzerinde bedele sahip 32 milyon altcoin CRV takas havuzundan boşaltıldığını doğruladı.https://twitter.com/tonyke_bot/status/1685688149090213889 Kurtarma operasyonuBu istismar DeFi ekosisteminde paniğe yol açtı. Ayrıyeten havuzlar ortasında bir süreç dalgasına ve beyaz şapkalıların kurtarma operasyonuna neden oldu. Curve Finance’in hizmet tokeni altcoin Curve DAO’nun (CRV) haberlere reaksiyon olarak %5’in üzerinde düşmesi gündem oldu. cointahmin.com olarak daha evvel de belirttiğimiz üzere, CRV’nin likiditesi son aylarda kıymetli ölçüde düştü. Başka taraftan bu da onu şiddetli fiyat dalgalanmalarına karşı savunmasız hale getirdi. Curve Finance’e nazaran, crvUSD mukaveleleri ve onunla birlikte rastgele bir havuz akından etkilenmedi.Curve Finance, altcoin Ethereum içinde stablecoin’lerin merkezi olmayan değişimini (DEX) sağlayan bir DeFi protokolüdür. Buna nazaran protokol, kendi ekosistemi içinde bir dizi olayın amacı olmuştur. Yalnızca birkaç gün evvel, omnipool platformu Conic Finance, 3,26 milyon dolarlık altcoin ETH için hacklendi. Buna nazaran çalınan ölçünün neredeyse tamamı tek bir süreçle yeni bir Ethereum adresine gönderildi.
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If you’re trying to make the most of the various opportunities offered by decentralized finance, it’s likely that you’ll have to use more than one blockchain. In order to transfer tokens from one blockchain platform to another, you’ll need to use a bridge. In this article, we’ll showcase the best crypto bridges available at the moment. When selecting the best cross-chain bridges for crypto transfers, we considered liquidity, number of supported blockchains, the quality of the interface and other factors. The best crypto bridges It’s important to mention that blockchain bridges have unfortunately been a very popular target for exploits. In fact, some of the biggest hacks and exploits that we have seen to date have targeted bridges. Bridging tokens between blockchains is still a relatively new concept and many implementations have been exposed for having critical vulnerabilities that the developers didn’t catch before deploying their bridging solutions. So, when you’re bridging tokens between blockchains, we recommend you exercise some caution and never bridge more than you can afford to lose. Given the history of blockchain bridge hacks, it’s probably smarter to err on the side of caution even when using a popular and reputable bridging solution. Now, let’s get into our list of the 6 best crypto bridges you can use to transfer tokens between different blockchains: Synapse Protocol - A well-rounded token bridging solution Arbitrum Bridge - The go-to bridge for transfers between Ethereum and Arbitrum Portal Token Bridge - A bridge for both EVM and non-EVM blockchains Celer cBridge - Celer’s token bridging solution Stargate - Token bridge with diverse range of supported platforms Hop Protocol - Bridge specialized for Ethereum layer 2s 1. Synapse Protocol - A well-rounded token bridging solution Synapse Protocol is a network that enables communication between different blockchains. The network allows any kind of data to be sent across supported blockchains, which allows it to be used for sending NFTs, smart contract calls and other data in addition to tokens. The Synapse Protocol is the backbone of the Synapse Bridge, which is one of the most popular blockchain bridges on the market today. One of the reasons for its popularity is that Synapse Bridge supports a wide variety of blockchains, including EVM and non-EVM chains. You can use Synapse to transfer tokens to layer 2s such as Optimism and Arbitrum, as well as layer 1 blockchains like Fantom and BNB Chain. You can connect to Synapse Bridge using MetaMask, Rainbow, Coinbase Wallet, WalletConnect or Rabby Wallet. According to decentralized finance tracker DeFi Llama, Synapse Protocol has a TVL (total value locked) of about $107 million at the time of writing. 2. Arbitrum Bridge - The go-to bridge for transfers between Ethereum and Arbitrum Arbitrum is currently by far the most popular layer 2 for Ethereum, according to layer 2 data aggregator L2Beat. It boasts a TVL of $5.9 billion, which is over two times higher than the second-ranked Optimism ($2.7 billion). Bridging crypto assets between the Ethereum mainnet and Arbitrum is becoming an increasingly common task for anyone who’s active in DeFi. For bridging between these two networks, we recommend the Arbitrum Bridge. If you want to learn more about using this bridge, we recommend you check out our in-depth Arbitrum Bridge guide where we explain the process step-by-step. The bridge supports 6 different types of Ethereum wallets, so you’ll likely be able to use it regardless of which wallet you prefer. However, you need to keep in mind that Arbitrum Bridge only supports the Ethereum mainnet, Arbitrum One and Arbitrum Nova networks. If you’re looking to bridge to other networks as well, we recommend you explore the other bridges we’ve featured in this article. When bridging between Ethereum and Arbitrum, it’s important to understand that going from Ethereum to Arbitrum is very fast, but withdrawing funds from Arbitrum back to Ethereum takes about 7 days.
3. Portal Token Bridge - A bridge for both EVM and non-EVM blockchains The Portal Token Bridge is a cross-chain bridge for crypto that’s based on the Wormhole protocol. When using this bridge, the tokens you are sending are locked using a smart contract, and an equivalent amount of wrapped tokens is created on the destination chain. One of the Portal Token Bridge’s strongest features is its selection of supported blockchain, which is among the largest among all cross-chain bridges. The bridge supports blockchains that you might not be able to find on many other multi-chain bridges, including Sui, Sei, Near and Aptos. Of course, the Portal Token Bridge also supports more common networks such as Ethereum, BNB Chain, Solana and Polygon. It’s worth mentioning that Portal also offers an NFT bridge, which supports transfers of NFTs based on the ERC-721 and SPL standards. Overall, the Portal Token Bridge is a great choice if you’re active on many different blockchains and would like to keep all your bridging under one roof. 4. Celer cBridge - Celer Network’s token bridging solution The Celer cBridge is a cross-chain crypto bridge developed by the team behind Celer Network. The bridge is powered by the Celer Network blockchain interoperability protocol, which allows developers to create inter-chain decentralized applications. More specifically, the Celer cBridge uses the Celer State Guardian Network (SGN), which is a Proof-of-Stake blockchain that monitors layer 1 transactions that have implications for layer 2 platforms, and passes information from layer 2 to layer 1 when necessary. A very impressive aspect of the Celer cBridge is the sheer amount of blockchains it supports, as it can be used to bridge crypto assets between 40 different blockchain networks, ranging from the largest platforms such as Ethereum and Arbitrum to more niche networks such as Canto, Shiden and Aurora. 5. Stargate - Token bridge with diverse range of supported platforms The Stargate token bridge supports a variety of EVM-compatible blockchains, including layer 1 and layer 2 platforms. It provides a sleek user interface, and also provides estimates for slippage, gas costs so you’ll be able to tell how many tokens you’ll keep once the bridging is completed. You can also set your slippage tolerance before making a transaction in order to avoid losing too much value. On Stargate, you can also stake assets to provide liquidity and earn the protocol’s STG tokens in return. Additionally, STG tokens can be staked to obtain veSTG, which grants holders the right to participate in the protocol’s governance process. The Stargate protocol has a TVL of $387 million, which makes it one of the biggest bridging solutions in the DeFi sector. 6. Hop Protocol - Bridge specialized for Ethereum layer 2s Hop Protocol is a solution that specializes in transferring tokens across various Ethereum layer 2s. The protocol is engineered in such a way that moving tokens between supported layer 2s is almost instantaneous. Currently, Hop Protocol supports the Polygon, Gnosis, Optimism, Arbitrum One, Arbitrum Nova and Base scaling solutions for Ethereum, and it’s arguably the best cross chain bridge for crypto transfers between Ethereum layer 2s. Hop operates on a fully non-custodial basis, ensuring that neither the funds of liquidity providers within the Automated Market Maker (AMM) nor the funds of users utilizing the Hop Bridge are ever held in custody by a single entity. The Hop Protocol has been audited by Solidified and Monoceros Alpha. The bottom line If you’re looking for a crypto bridge, you’re in luck since there’s a wealth of options available on the market. In our article, we’ve presented 6 high-quality bridges. Of course, the most important factor when choosing a bridge is making sure that it supports all the blockchains that you’re trying to bridge tokens to. If you want to learn more about the decentralized finance space, make sure to check out our article exploring the best alternatives to Uniswap.
FAQs What is the best cross-chain bridge? According to our research, Synapse Protocol is the best cross-chain bridge on the market today. However, there’s also many other high-quality bridges available on the market. Is bridging crypto safe? Unfortunately, blockchain bridges have been the target of several hacks in recent years. In some cases, there hundreds of millions worth of crypto assets were stolen. We recommend that you exercise caution when transferring tokens with bridges, and you shouldn’t bridge more tokens than you can afford to lose in case the worst-case scenario does happen. What is the fastest blockchain bridge? One of the fastest blockchain bridges is the bridge offered by Stargate Finance. What is the best bridge for Solana? Overall, the best bridge for Solana is the Portal Token Bridge, which is based on the Wormhole protocol.
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Former MP CM Digvijaya Singh Reveals Shocking Secrets to Opposition Workers: What's the Inside Story?
Bhopal (Madhya Pradesh): Digvijaya Singh, a Congress leader, raised concerns about the reliability of electronic voting machines (EVMs) by stating that no machine with a chip is immune to hacking. He urged supporters of opposition parties to remain vigilant. Singh also accused the ruling Bharatiya Janata Party (BJP) of potentially manipulating the electoral roll by adding “ghost voters”. These…
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Latest News Today Live Updates June 16, 2024: Elon Musk's 'anything can be hacked' VS 'Rajeev Chandrasekhar's 'technically you are right' on use of EVMs
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Latest News Today Live Updates June 16, 2024: Elon Musk's 'anything can be hacked' VS 'Rajeev Chandrasekhar's 'technically you are right' on use of EVMs
Latest News Today Live Updates: This is the platform where we curate news for you from various arenas. Here, we bring you real-time updates on domestic and global happenings, covering all the latest developments. From significant political news to critical economic reports, business highlights and or breaking news alerts – we’ve got you covered. Stay […]
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