Institutions Are Here (Real)!
Last Week In The Multi-Chain Ecosystem (16 - 22 Dec '24)
Welcome to LI.FI’s Cross Chain Insider newsletter, a weekly curation of the major updates and announcements from the industry’s leading interop protocols and ecosystems.
Bridge Updates
1) USDtb is live on Arbitrum, Solana, Base, and Ethereum, powered by LayerZero!
2) Stargate faces downtime due to Nethermind DVN experiencing scaling challenges.
3) Jumper wrapped is live — showing your onchain yearly stats.
4) Solana and Bitcoin are now live on Squid, powered by Chainflip.
5) Hyperlane and Decent to power 1-click bridging for ABC rollups.
6) Canary DVN is live on LZ — combining crypto economic security with TEE.
7) Wormhole and Nuffle Labs launch native multichain restaking.
Multi-Chain Ecosystem Updates
1) Deutsche Bank announces their ZKsync L2 on Ethereum
2) CCTP is now live on Sui.
3) Sonic is live.
4) Ink is live on mainnet.
5) Jupiter launches JupiterZ offering gasless swaps with a unique RFQ model.
6) Privy introduces server wallets.
7) Create Shadow NFTs that live on L2s, like a shadow BAYC on Apechain.
Intents & Chain Abstraction
1) Omni Core mainnet is live.
2) NodeKit partners with Anoma to integrate Anoma intents into Javelin superbuilder.
3) Read: Why aren’t we seeing more fills under 15 seconds?
4) Read: What are resource locks and how do they work?
5) Pod: The Race to Build the Best Intent Network (Moses, Synapse)
6) Read: Intents vs Messages: The Classic Debate
7) Read: Chain Abstraction: Orchestrating Towards the New Internet's Composability
8) Read: Resource Lock Hooks
Interesting Reads
2) Inside the EIF: Ethereum community unites for an interoperable future.
4) Smart accounts: A new era for UX.
5) Pod: Superchain vs. Orbit Debate
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