Don't Believe the HYPE — Hyperlane Foundation Launched!
Last Week In The Multi-Chain Ecosystem (05 - 11 Aug '24)
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Bridge Updates
1) Introducing the Hyperlane Foundation and HYPE token.
2) Synapse RFQ now 65% faster — transfer times on Base reduced by 90% (down to 1s).
3) Ronin bridge avoids another exploit — whitehat hacker saves $12M hack.
4) Hyperlane AVS is now live with Coinbase’s EigenLayer Operator.
5) Omni unveils its roadmap.
Multi-Chain Ecosystem Updates
1) Vitalik summarizes Ethereum’s ‘Cross-L2 roadmap in one tweet’.
2) Arbitrum Orbit chains can now use USDC as a custom gas token.
3) Ethena launches USDe on Solana (powered by LayerZero).
4) LI.FI announces official expansion to Solana (Jumper is live on Solana).
5) Rabby is considering Solana support.
Intents & Chain Abstraction
1) NEAR Protocol’s Chain Signatures tech is now on mainnet.
2) The Rollup publishes ‘Chain Abstraction Market Map” with 80+ projects listed.
3) Khalani raises $2.5M seed round led by Ethereal Ventures.
4) Read: Chain Abstraction (CA), Intents, and Intent Abstraction (IA)
5) Read: LI.FI Zaps — One Click Solution for Apps.
Interesting Reads
1) Building a Unified Superchain
2) Ethereal Ventures’ investment in Khalani
3) Understanding LayerZero: A Comprehensive Overview
4) The Race to Dominate Stablecoins
5) ERC-7683 — Benefits, Challenges, and Trade-Offs
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