Bridges connect different blockchains, but they also pose a security risk for DeFi protocols.
and its evolution. Between 2020 and 2022, hackers stole over $2.5 billion through vulnerabilities on cross-chain bridges, Token Terminal data shows. Compared to other security breaches, this is a substantial amount.
Briefly, bridges are used to connect different blockchains and aim to address the lack of standards between protocols. Interoperability between blockchains is considered to be a critical goal for enhancing the end-user experience and promoting broader crypto adoption. "We believe in the old crypto adage of “don’t trust, verify.” With ZK powered solutions, this is absolutely possible. The zkEVM has shown that it can maintain privacy, decentralization, speed and scalability. With this, there is no need to sacrifice anything that has made the crypto space what it is, and in fact it improves it."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Dodgers’ Trevor Bauer reinstated by MLB’s independent arbitratorBauer will miss the first 50 games on 2023 but could return in 2023.
Consulte Mais informação »
2023 CMC Crypto Playbook: NFT Market — 2022 Recap and Outlook for 2023 by Sfermion | CoinMarketCap[CMC Playbook] 🔎 This past year was a roller coaster ride for NFTs. Sfermion_ helps look at the NFT market’s performance & growth during a challenging 2022 and consider the market's prospects for 2023.
Consulte Mais informação »
Washingtonian's January 2023 Issue: 23 Things We’re Excited About in 2023Take a peek inside the January issue on newsstands now. Meet the Washingtonians of the Year, stories from an Oath Keeper, 23 things to look forward to and more.
Consulte Mais informação »
Defi More Scalable Than Traditional Finance, New Study Says – Defi Bitcoin NewsDespite the total value locked (TVL) decline, according to the report, certain sectors of the defi market still 'show a very optimistic trend.' tvl defiprotocols
Consulte Mais informação »
2023 Should Be the Year of On-Chain User SecurityIf crypto does not prioritize user safety, then regulators will on the industry's behalf. ConsenSys' BillHughesDC writes about the technological and social changes that could keep users funds safe. crypto2023, presented by bitstamp
Consulte Mais informação »
Here are some of the major new laws that go into effect in 2023Higher minimum wage and criminal justice reform will be implemented on Jan. 1.
Consulte Mais informação »