Welcome to LI.FI’s Cross Chain Insider newsletter, a weekly curation of the major updates and announcements from the industry’s leading cross-chain protocols and blockchain ecosystems.
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Bridge Updates
1) Across V3, an interoperability solution powered by intents, is now live. [Across V3 is also live on Jumper.]
3) Wormhole adds AMD as a hardware accelerator provider to make hardware available to the Wormhole ZK ecosystem.
4) Connext adds support for BNB Chain. These routes are also available on Jumper.
5) Avantis, an onchain perp protocol, has integrated LI.FI for native bridging and swapping.
6) Introducing Mitosis - The Modular Liquidity Protocol.
7) Introducing the CAKE Working Group for Chain Abstraction.
9) Wormhole Foundation announces collaboration with Succinct Labs on development of an Ethereum zk light client for Wormhole.
Multi-Chain Ecosystem Updates
1) Circle discontinues USDC on TRON blockchain.
2) Uniswap V2 is now live on Arbitrum, Polygon, Optimism, Base, BNB Chain, and Avalanche.
3) a16z invests $100M in EigenLayer.
4) Avalanche block production halts for 5 hours.
5) Gauntlet quits Aave DAO over ‘inconsistent’ DAO objectives.
6) StarkWare changes lockup schedule after community criticism.
Interesting Reads
1) Explaining the OFT Standard.
2) Abstract Intent Machines — What exactly is an intent?
3) Frame This.
4) Staking, Restaking, and LRTfi: Composable Capital Efficiency and Neutrality.
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