cross-chain

Decentralized Finance (DeFi) grew quickly from its starting point on the Ethereum blockchain, a burgeoning multi-chain ecosystem. Through multi-chain implementations, DeFi bridges have become critical infrastructure, allowing users to move assets and data freely between different blockchain networks. These bridges are not only conduits of transportation, they facilitate socioeconomic opportunities....

The KiloEx hack. $7.4 million gone. A multi-chain NFT-ccident horror show playing out on Base, opBNB, and BSC. And a stark question looms: Are we building a cross-chain DeFi future on foundations of sand?Systemic Risk: DeFi's House of Cards?Think of the 2008 financial crisis. Subprime mortgages, bundled into securities and...

As the dust of the KiloEx exploit settles, a cold hard fact emerges. A mere $7.5 million dollars went missing, not due to someone forgetting a semicolon in one programming string across a single blockchain. Instead, a coordinated, multi-pronged assault exploited the potential that cross-chain interoperability holds. We're not just...

The nearly $7.5 million KiloEx hack is more than just a number in DeFi saddening statistics. It’s a stupidly blinking neon sign pointing to a markedly deeper, systemic issue in the quickly accelerating world of cross-chain interoperability. We need to talk about this.Cross-Chain: Interoperability or Insecurity?Let's be frank: the dream...