Enter Output (IOHK), the engineering firm behind Cardano, and Hedera have joined Ripple, Algorand, Hashgraph, and XRPL, “on a mission to simplify one of the vital points in Web3 – the restoration and adoption of crypto and digital property,” based on the crew: “Launched in January 2024, the DeRec Alliance introduces a brand new open-source, standardized protocol simplifying and securing digital asset restoration, absolving customers of the dangers related to self-sovereignty. Additionally becoming a member of as alliance members at this time are the DLT Science Basis, Hashpack, Oasis Protocol Basis and Palisade.”
Cross-Chain Protocol Gravity Bridge Falls To $5.4 Million Attack — Details
Gravity Bridge, a Cosmos-native cross-chain protocol, was the target of a compromised-key attack, which led to the theft of roughly...
