The cross-chain liquidity protocol Chainge Finance has reached a cooperation with the aggregation protocol OpenOcean

[Cross-chain liquidity protocol Chainge Finance and aggregation protocol OpenOcean reach cooperation] According to official news, cross-chain liquidity protocol Chainge Finance and cross-chain aggregation protocol OpenOcean have reached a cooperation to jointly build a fairer decentralized trading market. OpenOcean will be connected to the Chainge Finance API to provide users with the highest liquidity and the best price; the liquidity of existing tokens listed in the Chainge aggregation DEX has also been greatly improved, and users can simultaneously access the aggregate liquidity of OpenOcean on multiple chains .

Other news:

Delphi Labs released the SLAMM white paper on the cross-chain liquidity unified model: On October 11, Delphi Labs released the SLAMM white paper. SLAMM is a unified model for cross-chain liquidity (A Unified Model for Cross-Chain Liquidity), which is about the exploration of AMM sharing forms. Part of the white paper explores how SLAMMs can transfer liquidity between Cosmos application chains.

It is reported that SLAMM adopts a new mechanism aimed at alleviating the impact of liquidity fragmentation: Shared Liquidity AMM (SLAMM). Using coordinated appchain Hubs, virtual liquidity pools, and satellite deployments on other chains, SLAMM would theoretically optimize liquidity across isolated cross-chain pools. In this way, Delphi Labs hopes that LP can be deposited once, LP is everywhere, and LP will passively collect cross-chain fee income. This will provide a better user experience (UX) and trade execution experience for end users and better yield for LPs. [2022/10/11 10:30:32]

Central Bank Jingke and China Construction Bank's "Blockchain Logistics Financial Platform" realize cross-chain circulation: According to news on August 20, the first online digital warehouse receipt financing business between Central Bank Jingke and China Construction Bank successfully landed. Based on the consensus mechanism built by the blockchain alliance chain, the "Huodaibao" platform of China Storage Jingke and the "Blockchain Logistics Financial Platform" of China Construction Bank have realized the first cross-chain circulation of digital warehouse receipts on the whole line, and the handling bank is China Construction Bank Qingdao Chengyang Sub-branch successfully issued a blockchain electronic warehouse receipt pledge loan to the financing customer Qingdao Desaike Trading Co., Ltd. (Dongfang.com) [2021/8/20 22:26:48]

The CrossFi liquidity pool of the cross-chain liquidity sharing agreement was attacked, and the suspect has been locked and reported to law enforcement agencies: Official news, the CrossFi (CRFI) liquidity pool of the cross-chain liquidity sharing agreement was attacked. CrossFi said the treasurer's computer was targeted by a phishing attack. At present, the target suspect has been identified and is trying to cooperate with BSC to recover the loss. Hackers infiltrated the system through an infected company computer. While employees were operating on assets, hackers stole private keys. Given the current system complexity, this should be a well-designed and highly sophisticated attack. Currently, only the private keys of the Foundation wallet are affected. CrossFi said it acted quickly and had the situation under control within 2 hours. CrossFi has notified all major exchanges of the incident so that the stolen assets can be tracked and recovered wherever possible. At the same time, CrossFi has reported the incident to the law enforcement agencies and urgently cooperated with them to track down the traces of hackers. CrossFi is developing a plan to completely eliminate the potential risk that this attack may cause. CrossFi advises users to stop trading until the plan is released. [2021/5/9 21:40:57]