Scroll Mainnet Genesis Block | Ferrari Accepts Payments in Crypto & More!
Last Week In The Multi-Chain Ecosystem (09 - 15 Oct '23)
Welcome to LI.FI’s Cross Chain Insider newsletter, a curation of the major updates and announcements from the industry’s leading cross-chain protocols and blockchain ecosystems.
If you want to join this community of cross-chain aficionados, subscribe below.
You can also check out LI.FI’s research articles, and follow us on X!
Bridge Updates
1) Wormhole Foundation Launches Wormhole Base Camp Accelerator 🔥
Wormhole Foundation announced the launch of Wormhole Base Camp Accelerator, an accelerator program for startups to build cross-chain apps powered by Wormhole.
The program is being run by Outlier Ventures and participating teams will receive a $200K investment from Borderless Capital.
2) Symbiosis Now Supports Tron 🤝
Symbiosis has added support for Tron Blockchain. Users can swap to/from Tron and other chains supported by Symbiosis.
3) zkSync txbridge is Now Live 🌉
txBridge, a bridge that allows users to transfer funds between Ethereum and zkSync Networks, is now live.
THORSwap is back online after updating terms to exclude U.S. sanctioned countries. The protocol had ‘temporarily transitioned the THORSwap interface into maintenance mode’ last week.
5) Prisma Finance’s mkUSD Stablecoin is Now an OFT 🫡
Prisma announced the integration of mkUSD on Stargate powered by LayerZero’s OFT standard.
6) LI.FI Partnerships and Integrations 💪
LI.FI announced the following partnerships and integrations last week:
TheStandard.io, a decentralized borrowing protocol on Arbitrum, has embedded LI.FI’s widget within its dApp to enable users to bridge any asset to Arbitrum and convert it to accepted collateral like ETH, ARB, PAXG, LINK, or WBTC in just one step.
Archimedes, a protocol offering capital-efficient leverage solutions, has integrated LI.FI to enable users to deposit into any strategy with any token.
Multi-Chain Ecosystem Updates
1) Scroll Mainnet Genesis Block 🔥
Scroll, a native zkEVM L2, published a cryptic post on X stating ‘the future is open’ after its genesis block was produced.
2) Catalyst to Bring Unified Liquidity to the OP Superchain Ecosystem 🤝
Catalyst, a cross-chain AMM, announced its upcoming integration with the OP Stack and the broader Superchain ecosystem.
Catalyst will facilitate cross-chain asset swaps between OP Stack chains and the broader crypto ecosystem. You can learn more about Catalyst by listening to our Spaces with the team last week.
3) Celestia is Coming to the Interchain 💪
Celestia will be supported by the Cosmos Interchain, and the Celestia team plans to reward the developers of the Interchain ecosystem (Cosmos SDK, CometBFT, CosmWasm, and IBC) with a dedicated initiative
4) Fuel’s Native Bridge is Now Open 👏
The testnet of Fuel’s native bridge, enabling bridging between Ethereum's Sepolia Network and Fuel’s Beta-4 testnet, is now live.
TradFi 🤝 Crypto
1) Ferrari has started accepting BTC, ETH, and USC for luxury car purchases in the US, in a partnership with BitPay for payment processing. The team plans to extend the offering to Europe in the future.
2) MetaMask announced that it has added Stripe onramp for fiat transfers in the US. The new MetaMask onramp will be powered by Link, Stripe’s one-click payment solution.
Interesting Reads
1) New Year, New Bridge Types: The State of Bridges in 2023
3) How Bridges Fit Into the Multi-Rollup and Modular Blockchain Thesis
4) Storage Proofs: Achieving State Awareness Across Time and Chains
5) Understanding Order Flow Auctions
6) Modular vs. Integrated: Theory and Practice
Get Started With LI.FI Today
For more information about the LI.FI protocol,
Head to our link portal at link3.to/lifi
Read our SDK’ quick start’ at docs.li.fi
Join the official Discord server
Follow our Telegram Newsletter
Subscribe on our Substack
or try our any-2-any swaps NOW at jumper.exchange