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) Introducing LayerZero Foundation — $ZRO checker on 06.20.2024?
2) Hyperlane announces Symbiotic-secured ISM as new security option.
3) Symbiosis presents testnet bridge for native BTC.
4) CairoVM Hyperlane: Starknet and Madara app-chains are connected to the Hyperlane network.
5) Orbiter cuts transfer times to under 5 seconds.
6) LayerZero activity hits new low.
7) Oku bridge aggregator launch.
8) Gains Network, D8X, Holyheld, integrate LI.FI.
Multi-Chain Ecosystem Updates
1) zkSync introduces the ZK Token and airdrop checker — Airdrops 3.675B ZKS tokens to 695k wallets.
2) Phantom will support Monad testnet on Day 1.
3) Solana Labs announces the launch of Bond.
4) NEAR Modular DA Spins Out to Become Nuffle Labs.
5) BNB Chain and Binance Labs launch BNB Incubation Alliance.
Intents & Chain Abstraction
1) Fellowship of the OneBalance — Bringing Credible Accounts to Web3.
2) Pantera Capital invests $5 million in Everclear.
3) Intents-centric oracles are coming.
4) Read: The Unlikely Rise of Intent-Based Architecture and Why It Might Be Just What Blockchains Need.
5) Read: Arbitrary Message Bridges are the pillars of the chain abstraction stack.
6) Read: Chain Abstraction. WHY?
7) Read: Intents and Chain Abstraction 101
Interesting Reads
1) Preconfirmations: Credible Promise of Future Execution.
2) State of Web3 Fragmentation.
5) Zackxbt bridge explorer tier list.
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