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#Cross-chain bridges

2 Stories Found
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Cardano Moves $26M to USDCx Amid Bridge Control Freeze on Payouts
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Cardano Moves $26M to USDCx Amid Bridge Control Freeze on Payouts

Key Highlights: Intersect-administered development commitments span multiple currencies, recording cumulative activity of 201.67 million ADA, 26.1 million USDCx, and 4.8 million USDM via its 2026 Treasury Reserve Smart Contract. Intersect utilizes a “fail-open” smart-contract design where unpaused payouts can unlock over time, running alongside parallel administrative milestone verification policies. Converting stablecoins like USDM and USDCx ...

Nostra Hit by $3.5M Oracle Attack as Security Concerns Re-emerge
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Nostra Hit by $3.5M Oracle Attack as Security Concerns Re-emerge

Key Highlights Nostra’s lending market on Starknet suffered an oracle manipulation exploit, allowing an attacker to borrow approximately $3.5 million using artificially inflated NSTR collateral. The attacker bridged roughly $1.92 million to Ethereum mainnet, comprising 234.57 ETH and 1.3 million DAI, before the protocol paused all lending, borrowing, withdrawals, and liquidations. The incident contributes to ...