Wormhole Queries | Connext Bacco Upgrade & More!
Last Week In The Multi-Chain Ecosystem (04 - 10 Dec '23)
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.
Join this community of cross-chain aficionados, subscribe below. Check out LI.FI’s research articles, follow us on X, and swap + bridge on Jumper.exchange.
Bridge Updates
1) Wormhole Introduces Cross-Chain Queries — a way for app devs to pull any on-chain data on-demand.
2) Connext Introduces Bacco Network Upgrade — aims to expand to 20+ new chains.
3) LayerZero Labs Confirms LayerZero Token
4) Polymer Launches a L2 Rollup using IBC to serve as Ethereum's Interoperability Hub
5) Hashflow 2.0 is Live — Smart order routing, Solana support, and improved UX.
6) Cross Chain Swaps Live on Matcha
7) Hashi, a Hash Oracle Aggregator is Live on Mainnet
Here’s a quick snapshot of the performance of DeFi strategies across bridges.
Multi-Chain Ecosystem Updates
1) FreeBnk, AllianceBlock, One Click Crypto (on Solana) Integrate LI.FI for Cross-Chain Swaps.
2) Arbitrum DAO Approves $23M 'Backfund' for Projects
3) Proposal: Deploy wstETH to BNB Chain Using Chainlink CCIP
Interesting Reads
1) L1s vs. L2s, Rollups vs. Integrated, General-purpose vs. App-specific
2) VanEck’s 15 Crypto Predictions for 2024
3) Expanding the Axelar Ecosystem: Ideas for Infrastructure Projects
4) Modular Economic Security: Bridge Disaster Insurance
5) The False Narrative of MEV Protection
6) Empirical Analysis of Cross Domain CEX <> DEX Arbitrage on Ethereum
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