LayerZero Snapshot #1 Taken
Last Week In The Multi-Chain Ecosystem (29 April - 5th May '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 snapshot #1 taken.
2) Rhino now supports Solana.
3) Stargate V2 deployment approved.
4) LayerZero: Addressing Sybil Activity.
5) Spark integrates LI.FI to enable zaps into sDAI.
6) dZap integrates LI.FI into their Meta Bridge Aggregator.
Multi-Chain Ecosystem Updates
1) Onchain Summer II is coming — $2m+ in prizes, grants, and gas credits.
2) Coinbase now supports the Lightning network, for instant & low cost BTC transfers.
3) XION launches first Chain Abstraction solution starting with Injective.
4) Introducing eIBC on mainnet.
5) Aave announces cross-chain liquidity layer.
Interesting Reads
1) Lightpaper.
2) The case for gas derivatives.
3) Intents Newsletter: Volume 1.
4) The pitfalls of EIP-3074, and how to avoid them.
5) Why horizontal vs. vertical scaling is the better framework for Ethereum scalability.
6) Exploring Atlas: The Execution Abstraction Protocol by FastLane Labs.
7) Updated Chain Abstraction Landscape report.
8) The future of execution environments.
9) BitVM Bridges Considered Unsafe.
10) Crypto's Multichain Masterplan.
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