Chainswap

Summary Chainswap will launch a cross-chain aggregator solution, with one interface it will be possible to find the bridge offering the best price with least slippage Current Challenges Imagine that you want to transfer Token A from ETH to BSC with a decentralized cross-chain bridge. Currently there are a few challenges: You need…

Tether’s holdings and the question of whether its USDT stablecoin is fully backed by dollars is a sore spot for the company. More recently, however, the burning and minting of billions of USDT has again ignited a firestorm of FUD. Alerted by the whale On 4 November, crypto watchers were more…

As the NFT market continues to explode and bring in new users to the crypto market, ChainSwap is soon launching our highly anticipated PermissionLess CrossChain NFT Bridge to our users. In a nutshell, users would be able to bridge their NFTs from one chain to another chain without the need…

ChainSwap is excited to announce that we have successfully integrated with Anyswap and Chainswap bridge is now live. We thank our community for its patience during the last few weeks. The technical summary of the integration: Chainswap integrated Multichain bridge contract and Anyswap MPC network Projects and individuals can start to deploy tokens under the Anyswap…

As our recovery and restitution from the ChainSwap hack progress well, and a full and final resolution to the situation seems very near at hand, we thought this would be a good opportunity to provide a post-mortem on our response, to give our community full visibility and transparency over the…

The response of RAZOR to the ChainSwap exploit after the reimbursement of $48,475 USDC increases the project’s trusted model. RAZOR is known as the decentralized oracle for decentralized finance and helping many crypto projects in managing their data through the protocol. As part of global engagement and creating a comfortable…

On July 11, 2021, the cross-chain bridge project Chainswap was exploited, which resulted in a total loss of 20 assets on the bridge with a combined value of $4 million. ChainSwap team has now prepared and executed a compensation plan in consensus with the affected projects. 1.Attack Description The attacked…

Dear Sake community 🍶, ChainSwap was attacked due to an exploit which resulted in around 1.42 m SAKE tokens, that were locked in ChainSwap’s contract, to be stolen on July 11th. There were over 20 projects involved in this hack. ChainSwap provides the bridge between Ethereum and OKExChain for SAKE…

ChainSwap, one of our partners, fell victim to a hack at approximately 22:00 UTC on 07/10/21. The attacker was able to sell $BLANK tokens held on the ChainSwap smart contract. ChainSwap is yet to issue a detailed statement on the incident, and we await their next steps. Numerous projects associated…