Wormhole – Ƀitsell X

Securitize Selects Wormhole as Official Blockchain Interoperability Provider

September 21, 2024

Real-world-asset (RWA) tokenization infrastructure provider Securitize has chosen Wormhole as its official interoperability provider to facilitate cross-chain transfers for all tokenized assets on its platform. The partnership aims to enhance liquidity and accessibility for tokenized assets while bridging traditional and decentralized finance systems. Securitize Enhances Tokenized Asset Liquidity Through Wormhole Integration According to the announcement…
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Proactive Detection by Certik Saves Wormhole Bridge From Potential $5 Million Hack

May 14, 2024

Certik, a security firm, prevented a potentially disastrous $5 million exploit in the Wormhole cross-chain bridge by identifying a critical bug, showcasing the importance of proactive security practices and the benefits of open-source software in enhancing Web3 security standards. Wormhole, a project enabling token and data transfers between blockchain networks like Ethereum and Solana, had…
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Security Firm CertiK Detects $5M Security Flaw in Cross-Chain Bridge Wormhole

May 14, 2024

Security firm CertiK said it has detected and prevented a flaw in the cross-chain bridge Wormhole which could have resulted in $5 million worth of losses. In a social media post, CertiK said its research team found a critical bug in Wormhole — an incorrect application of the public and entry modifiers exposing the blockchain…
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Is Wormhole About to Crash? W Price Drops 18% as Whale Money Shifts to Slothana

April 5, 2024

Wormhole’s W token is down 18% in the last 24 hours, barely two days after listing on Binance, according to data by CoinGecko. The losses come amidst a broader market pullback that has shaved 2.2% off the price of Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization. Market leader Bitcoin (BTC) has remained virtually…
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W Token’s Rollercoaster Day: From $1.25 Low to $1.66 All-Time High

April 3, 2024

Following Ethena’s ENA airdrop, the community has shifted its focus on Wormhole’s airdrop W, which has been listed on various centralized exchange platforms and coin market cap aggregators. The new token known as W has seen an extremely volatile day with the price tapping an all-time high at $1.66 per coin. Wormhole’s New Airdrop W…
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Navigating the Wormhole Airdrop: Defi’s Next Big Token Drop Explained

March 7, 2024

Wormhole, a platform fostering blockchain interoperability within decentralized finance (defi), has unveiled plans for an airdrop of its proprietary token, W. The initiative is part of the protocol’s broader aim toward progressive decentralization, rewarding dedicated users and developers within the Wormhole ecosystem. Wormhole to Airdrop W Token to Advance Defi Interoperability Wormhole, a facilitator of…
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Wormhole and AMD Forge Alliance to Revolutionize Blockchain Interoperability

February 21, 2024

On Wednesday, the blockchain interoperability platform Wormhole revealed it is collaborating with the American multinational semiconductor company AMD (Advanced Micro Devices). Wormhole plans to utilize AMD’s Field Programmable Gate Array (FPGA) technology in order to bolster cross-chain communication and multi-chain scalability. AMD’s FPGA Tech to Power Wormhole’s Interoperability Ambitions Wormhole, an interoperability platform for blockchains,…
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Report: Jump Trading Cuts Ties With Wormhole Amid Staff Reductions

November 19, 2023

Based on a recent report, Jump Trading Group, known for its focus on algorithmic and high-frequency trading techniques, has reportedly severed ties with the Wormhole crypto initiative, known for its cross-chain communication services. Last year saw Wormhole suffer a significant loss of 120,000 ethereum due to a major security incident. Wormhole and Jump Trading ‘Part…
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Evmos, Swing, Tashi, Wormhole team up to solve Cosmos liquidity problems

September 21, 2023

Tashi and Swing will integrate Wormhole bridged tokens for USDC, USDT, wETH, and others, potentially making Cosmos DeFi easier to use. A group of decentralized finance (DeFi) protocols have teamed up to solve liquidity problems in the Cosmos ecosystem. The teams involved include cross-chain bridging protocol Wormhole, liquidity aggregator Swing, lending protocol Tashi, and Cosmos…
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LiFi launches multi-bridge governance solution after Uniswap debate

August 18, 2023

The new bridge aggregator allows cross-chain DAOs to only accept votes confirmed by more than one bridge. Multichain bridging protocol LiFi has launched a multi-message aggregator for decentralized autonomous organization (DAO) governance, according to an Aug. 17 announcement from LiFi research lead Arjun Chand. If implemented by decentralized exchanges, lending apps and other Web3 protocols,…
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