PRESS RELEASE. Advancements in quantum computing are poised to undermine the foundations of traditional encryption, as highlighted by recent research. A pressing question arises: how can data security be maintained in the face of this quantum revolution? Encryption methods once considered unbreakable, such as AES-256, are now at significant risk. Quantum computers, with their capacity […]
Payments giant Stripe is in advanced discussions to acquire the San Antonio-based stablecoin platform Bridge for $ 1 billion, according to reports by Bloomberg and Forbes. Founded by former Coinbase employees Zach Abrams and Sean Yu, Bridge specializes in enabling businesses to create, store, and transact with stablecoins like Tether’s USDT and Circle’s USDC, …
The Sui Foundation has introduced the Sui Bridge on mainnet, enabling secure asset transfers between the Ethereum and Sui networks. This bridge focuses on simplifying the movement of assets across chains, starting with ether (ETH) and wrapped ether (WETH). Sui Rolls Out Bridge for Asset Transfers Between Ethereum and Sui According to the foundation’s blog […]
Flare Network has integrated with Polyhedra’s ZK Bridge, allowing developers to build secure cross-chain applications. This collaboration leverages Layerzero’s interoperability while benefiting from the robust security of zero-knowledge proofs. Flare Network Expands Cross-Chain Security With Polyhedra’s ZK Bridge According to the announcement shared with Bitcoin.com News, the integration of ZK Bridge with Flare enhances cross-chain […]
The TON Foundation has announced the upcoming launch of TON Teleport BTC, a bridge designed to facilitate trustless and secure transfers of bitcoin to and from The Open Network (TON). This initiative aims to expand bitcoin’s utility by enabling its use in decentralized finance (defi) activities on the TON platform. TON Foundation Announces Bitcoin Bridge […]