Insomniac Profile picture
Aug 8 18 tweets 11 min read
Cross-Chain Monday's Ep 02

Summarizing the latest updates and announcements of different projects that are building out #multichain and #crosschain solutions

1/17
We started off the week with the @nomadxyz_ incident and if you did not manage to catch up on it, I compiled the different early posts about it



2/17
@nomadxyz_ announces a 10% bounty for whitehats

medium.com/nomad-xyz-blog…

3/17
To date @nomadxyz_ has recovered $35.7 million as of 6th August.

4/17
@ConnextNetwork provides an overview of the Nomad exploit and its impact on Connext.



5/17
@chainalysis publishes a post about their thoughts on bridge hacks and what the industry can do.

blog.chainalysis.com/reports/cross-…

6/17
@CertiK also looks into past bridge hacks covering incidences with #Ronin #wormhole #HarmonyONE and #Qubit

certik.com/resources/blog…

7/17
Proposal to freeze @AaveAave V3 on @FantomFDN in light of the Harmony and Nomad hacks is looked into by @Fantom_Intern



8/17
@CryptoRubic talks about their plans moving ahead as a cross-chain swap aggregator



12/17
@Allbridge_io drops their progress report for July with a reported 6.29 billion bridged to date.



16/17
I keep track of cross-chain projects (bridges, swaps, etc...) on a sheet which you can find on the page below.

cryptoprojectdashboard.wordpress.com

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More from @insomniac_ac

May 6, 2021
1/8 One question that I have had to answer quite regularly how is $Celr different compared to $Matic.

Well for one they've both taken very different approaches with @0xPolygon focused on plasma sidechains while @CelerNetwork developed from a State Channels approach.
2/8 An interesting point to note is that Celer and Polygon are actually partners with a successful integration of the Celer state channel and Matic testnet sidechain taking place during a @ETHNewYork event.
3/8 Celer on its own is a LAYER 2 MIDDLEWARE SCALING PLATFORM offering that allows other developers to quickly build and deploy solutions by utilizing the available Celer SDK.
Read 8 tweets

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