Big Moves in Interop ft. Wormhole, Hyperlane, LayerZero and More!
Last Week In The Multi-Chain Ecosystem (16 Sept - 22 Sept '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) Wormhole’s Era3 upgrade is live, introducing composable intents and other upgrades.
2) Hyperlane has arrived on Eclipse and Solana.
3) Phantom adds support for Mayan, powered by LI.FI.
4) Introducing Beyond, a Bitcoin L1 bridge leveraging LayerZero.
5) Google Cloud is joining Wormhole’s Guardian Network.
6) Introducing lzCatalyst, access to upto $300M in capital for apps built on LayerZero.
7) Sky’s $SKY, $USDS, and $sUSDS are going to Solana with the NTT framework.
8) Securitize has selected Wormhole as its official interoperability provider.
9) SnapX, an AI-powered social investing network, has integrated LI.FI.
Multi-Chain Ecosystem Updates
1) ZK Compression and Frankendancer are live on Solana.
2) Sonic Labs announces Gateway, native bridge between Ethereum and Sonic.
3) Sky ecosystem and World ID are coming to Solana, powered by Wormhole.
4) World ID is coming to Solana, powered by Wormhole
5) Sui will introduce native USDC and a Cross-Chain Transfer Protocol (CCTP).
Intents & Chain Abstraction
1) Everclear, the first clearing layer, is now live on mainnet beta.
2) Particle network universal account’s early access is live.
3) Read: How ERC-7683 Standard and Intent-Based Protocols Drive Liquidity Growth
4) Read: From Fragmentation to Cohesion (Khalani)
5) Read: What’s next for chain abstraction?
6) Pod: Bankless: Is Crypto All Infra? with Arjun Bhuptani of Everclear
Interesting Reads
1) Pod: The Art of Marketing & Writing in Interop ft. Kram
3) How to Launch a Token Bridge with Hyperlane Warp Routes
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