An Interop Standard for Cosmos? 👨🍳
Last Week In The Multi-Chain Ecosystem (08 - 14 July '24)
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) LayerZero and Initia are developing an interop standard for Cosmos.
2) Omni Network launches Streams.
3) Wormhole introduces native USDT transfers across EVM chains.
4) Relay introduces Relay Chain Pages.
5) Decent introduces updated Onboarding Modal.
Multi-Chain Ecosystem Updates
1) Optimism launches SuperFest (powered by Jumper)
2) Justin Sun: gas-less stablecoin coming in Q4 on Tron.
3) Introducing Blockscan Multichain Explorer (Beta).
4) Vitalik shows possible deposit flow on Polymarket with ERC-3770 and ERC-7683.
5) LI.FI introduces Widget V3. New features include Solana support & customizable UI.
Intents & Chain Abstraction
1) Klaster releases whietpaper and product demo.
2) Announcing Sprinter: execution for chain abstraction providers.
3) Bitrefill introduces LI.FI Pay — you can now pay for everyday essentials with any token.
4) Klaster is working with LI.FI to enable chain abstraction.
5) Pod: Goodbye Blockchains (as we know them).
Interesting Reads
1) With Intents, its Solvers all the Way Down.
3) Should you use intent-based bridges?
4) Crypto Industry Trends H1 2024.
5) Proof of Talk 2024: Mechanics of Multi-Chain Integration.
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