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Cross-chain bridge

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ZilSwap: There is currently an outage on ZilBridge and the team is working on it

A DEX on the Zilliqa chain, posted on X platform that ZilBridge is currently experiencing an interruption issue. This downtime has affected users, and the team is working to resolve it. However, the time required to solve this problem is longer than expected. After the problem is completely resolved, cross-chain bridge transactions will resume, and all transfers that are stuck in transit will be processed.

"Axelar + Wormhole cross-chain solution" received 81% of the votes in Lido DAO's BNB Chain cross-chain bridge temperature check

According to a report by Coindesk and the Snapshot interface, 81.13% of the votes in the temperature check vote for the "Axelar + Wormhole cross-chain solution" were cast in the Lido DAO's "Selecting Solutions and Teams for BNB Chain Cross-Chain wstETH". According to Axelar's official introduction, the cross-chain solution is proposed by the Axelar Foundation and Wormhole in cooperation, is open-source and scalable, and has no vendor lock-in. In other words, Lido DAO can flexibly add or remove other cross-chain bridge providers and conduct cross-chain governance in the future. Initially, the contract for the bridge will be operated by validators from the Axelar network, contributors from the Wormhole Foundation, and BNB Chain's multi-signature. Once cross-chain governance is implemented, ownership will be transferred to the Aragon smart contract operated by Lido DAO. Axelar Foundation and Wormhole will bear the cost of development and audit, and deploy the bridge as a public product at zero cost. It is worth noting that LayerZero deployed a cross-chain bridge for cross-chain stETH in October last year. Although LayerZero had requested recognition from Lido DAO (the community that manages the protocol) before, it deployed the bridge before the organization's formal approval. Critics believe that LayerZero is trying to impersonate an official partner of Lido without DAO approval. At that time, a joint statement signed by multiple crypto infrastructure providers indicated that LayerZero seemed to be improperly using the first-mover advantage to "lock in" users by adopting unfair means to lead competitors. In this temperature check vote, the LayerZero solution received only 4.75% of the votes.

Cross-chain smart contract platform Neutron launches interoperability network Nexus to leverage liquidity in Cosmos and Celestia

Neutron, a cross-chain smart contract platform, announced the launch of the interoperable network Nexus, which supports easy and permissionless bootstrapping of assets and liquidity from major crypto ecosystems on any Rollup.<br>Nexus was built by contributors from Neutron, Hyperlane, and Mitosis, utilizing the modular security stack of IBC and Hyperlane to unleash liquidity between Cosmos, Ethereum, and modular ecosystems. Cross-chain applications can quickly integrate and leverage liquidity from any domain in the Cosmos and Celestia ecosystems.

deBridge launches OP Horizon incentive program and will distribute 100,000 OP grants received

Cross-chain bridge deBridge announced the launch of the OP Horizon incentive plan, which aims to distribute 100,000 OP grants received by deBridge. These grants will be allocated to projects/DApps integrated with DLN API or DLN Widget, or DLN Trade and deSwap users.

The cross-chain bridge Synapse Chain has been launched on the thirdweb platform

The cross-chain bridge Synapse has announced its launch on the thirdweb platform. Developers can use the thirdWeb SDK to create applications and deploy pre-built contracts for any use case in minutes.