"Today’s #transaction included the purchase of about $72 billion of Silicon Valley #Bridge Bank, National Association’s assets at a discount of $16.5 billion," said the FDIC in a statement.

"Today’s #transaction included the purchase of about $72 billion of Silicon Valley #Bridge Bank, National Association’s assets at a discount of $16.5 billion," said the FDIC in a statement.

Notably, #blockchain data shows that an address controlled by Euler Finance’s hacker sent 100 Ether ($170,515) to a wallet associated with Ronin #Bridge exploiter, 

ago

Berwick's Royal Border Bridge repairs extended into spring

#berwick #bridge #tech

ago

Berwick's Royal Border Bridge repairs extended into spring

#berwick #bridge #tech

Investors Pump Money Into Crypto Funds Amid Pickup in Market Sentiment. Blockchain #bridge #wormhole Suffers Possible Exploit Worth Over $326M

ago

Repairs to Rutland lorry crash railway bridge completed

#bridge #rutland

#Bridge attacks will still pose major challenge for #DeFi in 2023: Security experts

The protocol aims to #bridge the gap between DeFi and TradFi by providing risk #management tools, including interest rate derivatives and indices

The protocol aims to #bridge the gap between DeFi and TradFi by providing risk #management tools, including interest rate derivatives and indices

Berwick's Royal Border Bridge repairs extended into spring

#berwick #bridge #tech

The #bridge would be the second for the UAE, whose banks successfully #participated in the mBridge project last year with Hong Kong, China and Thailand.

12. Avoteo - #Crowdfunding Platform Connecting #Investors to Projects

Avoteo functions as a #bridge between 

The #bridge bank is aimed at ensuring the flow of funds is not interrupted while the regulator searches for a buyer to acquire the assets of #Signature #Bank.

The #Signature #Bridge #Bank was set up by the #United #States #Federal #Deposit Insurance Corporation to manage customer accounts at the recently shuttered Signature Bank. 

In a statement following the closure of #New #York’s #Signature #Bank, #Marathon disclosed that it has approximately $142 million in cash deposits at Signature #Bridge Bank.

The company disclosed that it has approximately $142 million in cash deposits at #Signature #Bridge #Bank, which was set up by the #FDIC after the shutdown of Signature Bank.

Last year in August, cross-chain Nomad #Bridge appealed to exploiters that #participated in a smart contract exploit that extracted $190 million in funds from the bridge in less than three hours.

a few #companies have begun to specialize in creating #bridge protocols that other developers can customize or implement for their specific needs.

Since the #Ronin and #Horizon hacks have #called attention to the problem of #bridge security,

The #Harmony team proposed a reimbursement plan in August 2022 and relaunched the #bridge using #LayerZero.

This #bridge allowed users to transfer #assets from #Ethereum to #Harmony and back again.

A similar attack happened to the Harmony #Horizon #Bridge on June 24, 2022.

#Sky #Mavis has since reimbursed victims of the attack and has relaunched the #bridge with what the developers call a “circuit breaker” system that halts large or #suspicious withdrawals.

But despite these precautions, an attacker could still obtain all four of #Sky #Mavis’ keys, plus a fifth signature from #Axie #DAO to withdraw over $600 million worth of #crypto from the #bridge.

The #Ethereum contracts for the #bridge had a function called “withdrawERC20For,”

Ronin #bridge was a protocol that allowed #Axie #Infinity players to move #coins between #Ethereum and the #Ronin #sidechain to play the #game.

When the user wants to “move” their coins back to the #original network, the #bridge then burns the copies and unlocks the original coins.

For example, a #bridge may enable #USD Coin #USDC tickers down $1.00 to be sent from #Ethereum to #BNB Chain or Trader Joe (#JOE) from #Avalanche to #Harmony.

Over $10 billion of #crypto assets are currently locked on bridges as of Feb. 15, according to #DefiLlama, making the issue of #bridge security an urgent one.

leaving some #observers to conclude that no single #bridge solution was secure enough for #Uniswap’s purposes.

In the process, the decentralized autonomous organization (#DAO) had to decide which #bridge protocol would be used for cross-chain #Uniswap #governance.

In the past, bridges like #Ronin and #Horizon used multisig #wallets to ensure that only #bridge validators could authorize withdrawals.

But, #despite several attempts by developers to improve #bridge security,

#Floki’s case, an exploit on our main cross-chain bridge would have a catastrophic impact on the project since this #bridge

#Floki’s case, an exploit on our main cross-chain bridge would have a catastrophic impact on the project since this #bridge

#Floki’s case, an exploit on our main cross-chain bridge would have a catastrophic impact on the project since this #bridge

#Floki’s case, an exploit on our main cross-chain bridge would have a catastrophic impact on the project since this #bridge