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The partnership between Ripple and Axelar is part of a strategic move into tokenizing real-world assets.

Latest updates for SMOKE, OSMO, and AXL coins

Chaos ensues in the DeFi world. The Lido protocol finds itself in the midst of controversy after LayerZero, a leading company in building interoperability infrastructure for blockchains, launched a crypto bridge for Lido's stETH token without obtaining prior permission from Lido DAO, the community overseeing the protocol.

The rival proposal received over81% of votesin a recent poll, whereas LayerZero's proposal garnered just 5% support.

LayerZero launched a Lido stETH bridge last October without asking for Lido DAO's permission. The community responded this week by endorsing a pair of its biggest competitors.

DYdX has integrated with Axelar's cross-chain infrastructure for enhanced onboarding to its version 4 that includes an appchain model.

Lido Finance has established its roots in the liquid staking sector of DeFi, with its LDO/USD token having a market cap of $13.8 billion.

In a significant move towards enhancing cross-chain interoperability, Neutron (CRYPTO: NTRN) and Axelar (CRYPTO: AXL) have teamed up to introduce Lido's wrapped liquid-staked ETH (CRYPTO: wstETH) to the Cosmos (CRYPTO: ATOM) platform. This initiative is expected to bolster the expansion of wstETH and other assets within the Cosmos ecosystem.

Lido has selected Neutron and Axelar to launch its wrapped liquid staked ether (wstETH) token into the Cosmos ecosystem.

The Foundation endorsed Axelar and LayerZero as alternative bridging solutions for their network following the issues with Multichain.

These three under-the-radar cryptos can deliver tremendous returns when the market regains confidence.

The Uniswap Foundation released its Bridge Assessment Report recently, a major community undertaking that saw the decentralized exchange (DEX) formally examine some of the core infrastructure powering the Uniswap DAO's governance process. Wormhole and Axelar took the top honors after a months-long assessment.

Uniswap recently disclosed its preferred choice for handling non-Ethereum deployments in its cross-chain bridging operations: Wormhole and Axelar. These selections are the result of a comprehensive analysis conducted by Uniswap's Bridge Assessment Committee, which evaluated a range of potential protocols.

The Uniswap Foundation recently released a cross-chain bridge assessment report detailing the results of their analysis of various protocols.

Uniswap Foundation's Bridge Assessment Committee has selected Wormhole and Axelar for potential cross-chain deployments.

Multiple Cosmos projects led by Osmosis are funding the development of a new security model called “mesh security.”

Remember that Celo is a platform that serves as a global payment infrastructure for cryptocurrencies, targeting mobile users. In fact, Celo's goal is to make financial activity accessible to everyone globally by allowing payments to be sent to and from any phone number in the world.

Axelar partered with Cosmos-based project Sommelier to expand its DeFi vaults to Ethereum Layer 2 network Arbitrum One.

Fantom (FTM) has been one of the best-performing tokens of 2023, pulling off a series of impressive gains in the last few weeks. Following the market crash in late 2022, FTM began the new year trading as low as $0.2007, representing a 94.19% decline from its all-time high value of $3.46.

Coinbase recently made an announcement on the addition of three new tokens to the listing plan for their cryptocurrency exchange. This announcement was made in keeping with Coinbase's fundamental idea of acting as the bridge to Web3.

The interchain communication protocol, Axelar, has announced a $60M funding program to drive innovation for web3 startups building during the bear market. The post New $60M web3 fund from Axelar offers close support from Circle, Polygon & exposure to top investors appeared first on CryptoSlate.

Two of our top projects on Cosmos have such great tokenomics that more than 75% of their coins are out in the circulating supply. While another lets you move stablecoins across chains like from Cosmos to BNB Chain.

Developers can tap into powerful, composable SDK modules to onboard users, control gas fees, and bundle transactions easily, among other UX benefits. Biconomy has partnered with the team at Axelar to enable cross-chain message passing with Biconomy's new revolutionary SDK.

The partnership is said to serve as an interoperable internet of dedicated Ethereum Virtual Machine (EVM) blockchains backed by the Polygon Edge.