The Cross-Chain Insider

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Last week in the multi-chain ecosystem with the Cross-Chain Insider! 🦎 We bring you the latest: • Bridge updates • Multi-chain ecosystem news • Interesting reads • Trending narratives on Twitter blog.li.fi/the-cross-chain-insider-li-fis-weekly-cross-chain-newsletter-69b9a3507de3 A mega thread! 🧵

a) Bridge Updates 1) Li.Finance is Now LI.FI 🦎 With this rebranding, LI.FI aims to break down the messaging to the core: simplifying cross-chain strategies for dApps, wallets, and DeFi protocols. twitter.com/lifiprotocol/status/1514551489724928000

2) Multichain anyCall is Live 👏🏻 anyCall is a generic cross-chain messaging protocol for cross-chain dApps. It can send cross-chain messages and call contracts from chain A to chain B. Cross-chain @CurveFinance gauges are its first use-case. twitter.com/MultichainOrg/status/1513453321918595079

3) Ronin Bridge Exploit Update 🧐 The FBI alleged that North Korea-based Lazarus Group is behind the Ronin bridge exploit, leading to a $625M+ of fund loss. This does not affect lost user funds which will be reimbursed through the recent fundraising. twitter.com/Ronin_Network/status/1514650523873468423

Learn more about the hack 👇🏻 twitter.com/lifiprotocol/status/1510875061774823425

4) Connext Announces Amarok Upgrade 🦊 With Amarok, the Connext team seeks to rearchitect the protocol and fix issues faced by key stakeholders of the network (end users, developers, routers). twitter.com/ConnextNetwork/status/1513543316645847046

5) @CelerNetwork's cBridge Enables $GEL Transfers b/w Ethereum <> Fantom 🚀 cBridge now supports Gelato Network’s $GEL transfers between Ethereum and Fantom. twitter.com/gelatonetwork/status/1515064947021127690

b. Multi-Chain Ecosystem Updates 1) Ethereum Merge Postponed 🤔 The Merge, originally planned to go through in Q2 of 2022, has been postponed to have enough time to fix issues and ensure everything is tested. twitter.com/TimBeiko/status/1514342758663659523

Learn more about the Merge 👇🏻 twitter.com/lifiprotocol/status/1505831327710416898

2) Thorswap V2 Beta is Now Live 🚀 Thorswap is a cross-chain DEX aggregator. It has launched V2’s Open Beta, bringing an improved and user-friendly cross-chain trading and LP experience. twitter.com/THORSwap/status/1514231045754871816

3) Metis Storage Layer is Now Live 🥳 Metis has launched its native storage layer, making transactions on Metis more efficient and significantly less costly. twitter.com/MetisDAO/status/1513893772144349188

4) Anchor 🤝🏻 @AcalaNetwork This partnership aims to grow the decentralized stablecoin space by establishing liquidity pools of aUSD (Acala native stablecoin) and increasing the use of UST across the Polkadot and Kusama ecosystem. twitter.com/anchor_protocol/status/1514283736409509892

5) Cosmsos Completes Theta Upgrade ✅ With this upgrade, Interchain Accounts, which allow ecosystem chains to securely control accounts on other ecosystem chains instead of simply transferring tokens from one chain to another, now become available. twitter.com/cosmos/status/1513975258520473604

Learn more about the Theta Upgrade 👇🏻 twitter.com/lifiprotocol/status/1515017996191748096

6) Arweave is now Live on Avalanche 🎉 Arweave, an information storage network, is now natively live on Avalanche. Users can now buy permanent storage using $AVAX tokens on Avalanche. twitter.com/ArweaveTeam/status/1514644912632913926

7) Uniswap Launches Swap Widget 🦄 Uniswap has launched Swap Widget, allowing users to swap tokens anywhere across the web seamlessly. The Swap Widget is already available on websites like OpenSea marketplace, FWB homepage, and Oasis app. twitter.com/Uniswap/status/1514603576093335553

8) 1inch is Now Live on Fantom 👏🏻 1inch has deployed its DEX Aggregation Protocol and the Limit Order Protocol on Fantom, extending support to another L1. twitter.com/1inch/status/1514620785968791560

c. What’s Popping On Twitter? Learn more about the Merge: What it is and why the delay twitter.com/lifiprotocol/status/1515955047527444484

d. Interesting reads 1) Bridging Mega-Issue 🌉 twitter.com/OurNetwork__/status/1515015975686397960

2) State of Crypto Bridges Today by @aya_kantor twitter.com/aya_kantor/status/1514648263374393344

3) Walkthrough of Harmony’s Horizon bridge twitter.com/harmonyprotocol/status/1515053369182031872

4) How Cross-Chain Increases Capital Efficiency on Layer-2 twitter.com/thezkcross/status/1514294653247700992

Additionally, here are some podcasts you must check out! • Optimistic Cross-Chain Bridging with @pranaymohan of @nomadxyz_ twitter.com/seb3point0/status/1514602289750704138

• $1B in Bridge Hacks…Is the Future Still Multi-Chain? ft. @dberenzon twitter.com/mrjasonchoi/status/1514280782545637380

If you liked what you read, please follow @lifiprotocol for more! Want to keep up with the latest cross-chain news? Join us over on Telegram. t.me/lifinews

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