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Multichain (previously Anyswap), the world’s leading cross-chain protocol, raises $60 million in funding led by Binance Labs, with participation from Sequoia China, IDG Capital, Three Arrows Capital, DeFiance Capital, Circle Ventures, Tron Foundation, Hypersphere Ventures, Primitive Ventures, Magic Ventures, and HashKey.
Nowadays, cross-chain bridges like Wanchain have become crucial for blockchain interoperability. Did you know that over USD7.7 billion are locked in only in Ethereum bridges?. If this situation continues, it will be hazardous for the ecosystem. That’s why Wanchain is claimed to be a bridge solution that breaks the silos in the blockchain space. As a result, it will allow seamless transfer of value and information between two blockchains. Multichain ethereum chain avalanche 60m binance Users can interact with the bridge via the bridge front end, which allows them to initiate transfers of Accumulate tokens between Ethereum and Accumulate. The bridge node, bridge smart contracts, and the bridge frontend are open-source and released under the MIT license.Multichain ethereum binance chain avalanche 60m
The Avalanche Bridge (AB) is the key infrastructure piece used to transfer ERC20 tokens from Ethereum to Avalanche’s C-Chain and vice versa. The Avalanche bridge received several upgrades in Q3 for additional chain support and optimization for faster clearing and settlements. Ethereum Roadmap — Multichain (Previously Anyswap) (@AnyswapNetwork) December 20, 2021
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2023. Nov. 06. 14:52 Ethereum Wallet As a result of Ethereum’s growing popularity and increasing congestion, people have turned their attention to Layer 2 solutions and other blockchains. As an alternative to Ethereum, we have already seen tokens of projects like Cardano, Solana, Avalanche, and Fantom pumping. However, there are few problems that these blockchains are unable to solve individually:Multichain ethereum smart avalanche 60m binance
Multichain, which offers interoperability tools for blockchains including Ethereum, Binance Smart Chain, and Avalanche, raises a $60M seed led by Binance Labs (@coindanslecoin / Cointelegraph)https://t.co/EzM0Z62nGfhttps://t.co/7J2dFLTgPN The rapid growth of BNB The use of cryptocurrencies in making transactions is increasing, with the crypto market’s hosted coins rising to 11,000+ and a $2.39T market cap. BNB Fintech is a unique cryptocurrency ecosystem that looks to make a meaningful contribution to such payment systems. About Chainbase Multichain is a cross-chain routing protocol that meets the distinct needs of different blockchains to communicate with each other. Multichain strives to be the ultimate Router for web3.