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SoFi Integrates SoFiUSD into Polygon Payment Network
Odaily reports: Fintech company SoFi has integrated its issued stablecoin SoFiUSD into the Polygon Open Money Stack. The stablecoin is the first to be issued by a nationally chartered US bank and was previously live on Ethereum and Solana; SoFi's more than 17 million users can buy, hold, and swap SoFiUSD through the SoFi app without needing to open a separate crypto wallet or manually bridge across chains.SoFiUSD is redeemable 1:1 with the US dollar, issued by SoFi Bank, which is regulated by the US Office of the Comptroller of the Currency, and is already used to settle all of SoFi's Mastercard card business. The stablecoin is not a bank deposit, is not insured by the FDIC or SIPC, and is not guaranteed by the bank or classified as legal tender. (Decrypt)
Privacy-focused public chain Anubis Chain ecosystem Meme coin OFT market cap breaks $90 million, up nearly 140% in 24 hours
Odaily reports: On November 11, AVE data shows that OFT (Fat Cat "Lucky Emperor"), a Meme coin on the privacy-focused public chain Anubis Chain, has seen its market cap break $90 million amid multiple consecutive days of gains, currently trading at $0.0883.$OFT is inspired by "OFF THE FEED," meaning that amid bear market anxiety and a flood of negative news, it's better to turn off the noise, avoid internal friction, and maintain a positive mindset. The mascot is an orange fat cat named "Lucky Emperor" wearing goggles and a black hoodie.On November 5, cross-chain protocol Stargate Finance officially integrated with the privacy-focused public chain Anubis Chain.Odaily reminds readers that Meme coin prices are highly volatile, primarily driven by market sentiment and concept speculation, and lack clear practical use cases. Investors should be aware of the associated risks.
Approximately $3.27 million in assets transferred to attacker's address; Initia will fully replenish affected reserves
Odaily reports: According to Initia monitoring, on November 9, the platform was compromised due to the compromise of cloud access credentials, and the attacker forged IBC withdrawals involving 5 Rollups. Approximately $3.27 million in assets were transferred to the attacker's address on Initia L1, of which approximately $2.16 million remains on the suspended L1 and cannot be transferred temporarily. Initia stated that the attacker has bridged out 13,400 TIA, 8,000 USDC.inj, and 597,000 Noble USDC, hitting the platform's IBC outbound limit, and no INIT was transferred out of Initia. Initia plans to fully replenish the reserves corresponding to the affected assets, with the specific plan still being finalized. The team is rebuilding the affected infrastructure in an isolated environment, tightening access permissions, and strengthening on-chain IBC verification. Initia expects the recovery to take longer than a regular network restart, and a specific timeline has not yet been announced.
Fidelity's FCAT Becomes Required Verifier for Ondo Tokenized Stock Cross-Chain Transfers
Odaily: According to Ondo Finance monitoring, Fidelity Investments' Fidelity Center for Applied Technology (FCAT) has become a required verifier for transferring Ondo Stocks tokenized equities via Ondo Bridge across Ethereum, HyperEVM, and other supported chains. FCAT's decentralized verifier network (DVN) will verify each cross-chain transaction alongside other verifiers. Currently, the network covers 35 Ondo Stocks transferred to HyperEVM, as well as over 450 Ondo Stocks on other supported networks.
A certain whale withdrew approximately 220 ETH from Tornado Cash and swapped it for USDT, then bridged it to TRON
Odaily reports: According to Onchain Lens monitoring, a certain whale withdrew approximately 220 ETH from Tornado Cash, swapped it for USDT, and then bridged it to TRON, involving approximately $466,600. The whale is currently distributing USDT to multiple addresses through TronLink's GasFree wallet, with the latest transfer being 450,000 USDT.
Acala to halt block production on February 10, 2027; Acala and Karura users must withdraw cross-chain assets in advance
Odaily reports: According to official disclosures from Acala, Polkadot parachain Acala and its Kusama sister network Karura have entered the shutdown phase. If Acala Referendum 195 and Karura Referendum 137 pass, both chains will cease block production on February 10, 2027. Users must withdraw cross-chain assets such as DOT, KSM, USDT, and USDC before that date; LDOT must be unbonded by January 12, 2027, and LKSM must be unbonded by February 2, 2027. The native tokens ACA and KAR cannot be withdrawn and will remain on the original chains. The team stated that DeFi liquidity depth in the Polkadot and Kusama ecosystems is insufficient, and the multi-parachain structure has also fragmented liquidity and users, leading to the decision to shut down.
OKX Wallet announces support for the Elysium mainnet
Odaily reports: According to official sources, OKX Wallet will soon support the Elysium mainnet and will be among the first to integrate it after the Elysium mainnet goes live. Users can manage and transfer Elysium on-chain assets in one place through OKX Wallet, and use features such as chain scanning, market analysis, trading, and cross-chain functions—completing the entire process from asset discovery and market analysis to trading without switching between multiple platforms.It is reported that Elysium is an EVM-compatible Layer 2 network built by Kinetiq for the Hyperliquid ecosystem, and is scheduled to officially launch its chain on November 9 at 21:00 (HKT).
Ankr cross-chain bridge attack: all five forged receipts carried valid signatures
Odaily reports that according to SlowMist monitoring, the Ankr cross-chain bridge attack caused losses of approximately $304,500. The attacker referenced the same legitimate Optimism transaction, submitted five forged cross-chain receipts, and modified the recipient, token, and withdrawal amount. All five receipts carried valid signatures from trusted consensus signers of the cross-chain bridge, and the withdrawal function released assets without independently verifying the actual event on the source chain. The source of the unauthorized signatures is still under investigation, and it has not yet been confirmed that the signers were compromised.
Ankr Ethereum cross-chain bridge attacked, approximately $292,000 in assets transferred out
According to Onchain Lens monitoring, the attacker allegedly triggered 5 withdrawals from the Ankr Ethereum cross-chain bridge by making a small deposit on Optimism, resulting in approximately $292,000 in assets being transferred out.
Ave.ai Integrates with Elysium Ecosystem, Enabling Cross-Chain and On-Chain Trading
Odaily — Ave.ai has officially added support for the Elysium ecosystem, simultaneously opening up cross-chain and on-chain trading capabilities to provide users with a more convenient one-stop gateway to Elysium ecosystem assets.Elysium is a high-performance Layer 2 for Hyperliquid launched by Kinetiq, using HYPE as gas. It focuses on high-frequency on-chain scenarios such as spot trading, token launches, and DeFi, and is dedicated to providing a more efficient execution environment for the Hyperliquid ecosystem.Through Ave.ai, users can directly view market data, conduct on-chain trading, and perform cross-chain transfers of Elysium ecosystem assets, enabling more efficient entry into new chain ecosystems, discovery of new assets, and participation in early trading opportunities.As the Elysium ecosystem continues to expand, Ave.ai will further strengthen its coverage of Hyperliquid and emerging L2 ecosystems, providing users with a one-stop on-chain experience spanning asset discovery, cross-chain transfers, and trading.
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RockTree OG Talk Series | Web3.0 Cross-chain Opportunities and Challenges
2023
02/26
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Chaohua Community Issue 152 | Dialogue with Sirius Finance, the cross-chain stablecoin exchange hub on Astar
2022
04/19
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Chaohua Community Issue 132 | Portal: Layer2+ cross-chain DEX, introducing DeFi into Bitcoin
2021
12/07
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Chaohua Community Issue 133|To meet the two major needs of cross-chain and exchange, can Symbiosis Finance seize the trend of the multi-chain era?
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8848 Community AMA | How does cross-chain liquidity star Symbiosis.finance build a bridge across the cross-chain ecosystem?
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Participate in XDEFI cross-chain wallet Discord community interaction and win Gutter Rat #341 NFT
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Chaohua Community Issue 099|O3 Swap: The evolutionary path from old wallet to cross-chain aggregator
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