Gate News message, April 24 — The hacker who stole approximately $98 million in assets from Balancer in November 2025 has begun converting ETH to BTC through the cross-chain protocol THORChain. Today, the attacker exchanged 7,000 ETH for 204.7 BTC, valued at approximately $15.88 million, with

Gate News message, April 24 — Crypto analyst Willy Woo stated that while most Bitcoin holders view BTC as a safe-haven asset, the reality is more nuanced. Bitcoin does possess safe-haven characteristics—for instance, it enables cross-border asset transfers via seed phrases during wartime and

Gate News message, April 24 — Asseto Finance has partnered with Pharos Network to expand access to cross-chain liquidity for real-world asset (RWA) investors. The collaboration integrates Asseto's tokenization platform with Pharos' EVM-compatible Layer-1 blockchain, enabling smoother movement of tok

Gate News, April 24. According to Gate market data, as of the time of writing, ZKL (zkLink) is trading at $0.000908. It is up 71.59% over the past 24 hours. The highest it has reached is $0.001866, while the lowest has fallen to $0.000521. The 24-hour trading volume is $81.3K. The current market cap is approximately $485.7K. As infrastructure for a multi-chain aggregated ZK-Rollup, zkLink can solve the liquidity fragmentation problem between different blockchain networks. zkLink provides two core solutions: zkLink Nova and zkLink X, using zero-knowledge technology to unify cross-connected blockchain and rollup liquidity access. zkLink Nova is a general-purpose Ethereum Layer

Gate News message, April 24 — Ripple's RLUSD stablecoin has expanded its cross-chain reach after Wanchain added bridge support for the asset. The integration enables RLUSD transfers across the XRP Ledger, Ethereum, Cardano, and Wanchain networks, creating multiple interoperability routes for users m

Gate News message, April 24 — ether.fi has completed protocol-level security hardening for the weETH cross-chain bridge across most deployment chains, with no vulnerabilities identified. The upgrades proactively eliminate potential risks and grant ether.fi full control over all security-related brid

Gate News message, April 23 — ILITY has raised $2 million in funding at a $21 million valuation, with Animoca Brands and Duck DAO co-leading the round. The funding marks a significant milestone for the project's mission to redefine cross-chain identity and data sovereignty in Web3. ILITY is

Gate News message, April 23 — WBTC announced it is upgrading its cross-chain DVN (Decentralized Verification Network) configuration in response to the recent rsETH incident. The project stated the adjustment is a precautionary measure designed to strengthen security standards for cross-chain

Gate News message, April 23 — South Korean payment company Danal and Japanese payment specialist UPC (UNIVA Paycast) have established a strategic partnership to advance yen stablecoin payments and circulation, building a cross-border payment ecosystem. The two companies will collaborate on

The Kelp DAO attacker converted around 75,700 ETH (about $175M) to Bitcoin via THORChain, producing $800M in trading volume and $910,000 in THORChain fees. Abstract: The report notes that the Kelp DAO attacker moved the majority of 75,700 ETH (roughly $175M) into Bitcoin using THORChain’s cross-chain swap. The swap generated about $800 million in trading volume and roughly $910,000 in THORChain fees, illustrating the liquidity and revenue implications of cross-chain activity during an exploit.