The Cross-Chain Roundup #31

Week Roundup (June 19 – June 25, 2023)

Jun 26, 2023

From BNB Chain releasing the opBNB testnet to AirGap announcing its integration with Optimism Network, a lot of exciting advancements took place in the cross-chain industry between June 19th and 25th, 2023 especially on Arbitrum.

These developments showcased the growing interest in cross-chain technology, which solves the fragmentation issue in blockchain. Overall, the cross-chain industry experienced significant growth, with new bridges and a rising number of applications. The ecosystem is maturing, offering endless possibilities for exploration and advancement.

Welcome to this week’s edition of The Cross-Chain Roundup! Now the news in detail:

📰 Cross-Chain Updates

BNB Chain Releases opBNB Testnet: Promises Lightning-Fast Speeds and Low Transaction Costs.

BNB Chain has released the opBNB testnet, a blockchain based on Optimism's OP Stack, aiming to achieve speeds of 4,000 transactions per second for 0.005 U.S. cents per transaction. This testnet offers faster speeds than BNB Chain and Ethereum, addressing issues of network congestion and high fees. It provides an EVM-compatible platform for developers to create open ecosystems and migrate applications, enhancing scalability and improving the user experience.

Swing Announced Partnership With Orbiter One.

Swing and Orbiter One have announced a groundbreaking partnership aiming to revolutionize liquidity and interoperability in the DeFi space. This alliance paves the way for cross-chain lending, unlocking new possibilities for seamless asset transfers across different blockchains. Join this transformative journey as they reshape the flow of liquidity across the decentralized landscape.

tofuNFT is using Celer IM to enable cross-chain #NFT purchasing between chains.

tofuNFT collaborates with Celer IM, leveraging its capabilities to facilitate cross-chain NFT purchases across different blockchain networks. This integration offers a seamless and efficient solution for acquiring NFTs from various chains. Discover more about this innovative collaboration and the potential it holds for the NFT ecosystem.

DODO has integrated Across as one of their exchange's bridging solutions.

DODO, the popular exchange platform, has integrated Across as one of its bridging solutions, enabling seamless asset transfers across different networks. This collaboration enhances the accessibility and efficiency of transactions within the DODO ecosystem. Check out the integration on DODO's exchange and explore the bridging capabilities provided by Across.

Osmosis Introduces Multi-Wallet Support for Seamless Access.

Osmosis announces the introduction of Multi-Wallet Support, empowering users to unlock the potential of multiple wallets with ease. With a single click, users can effortlessly access popular wallets like Keplr, Leap Cosmos, and IBC Wallet directly within the Osmosis platform. Experience streamlined wallet management and enjoy a seamless user experience on Osmosis.

AshSwap Partners with Swing to Amplify Liquidity on MultiversX.

Exciting news as AshSwap joins forces with Swing to enhance liquidity on MultiversX. Swing, a cross-chain SDK, facilitates liquidity onboarding from various EVM and Non-EVM chains, leveraging partnerships with cross-chain bridges, DEXes, and aggregators like 1inch and Paraswap. Discover more about this new partnership and the increased liquidity potential it brings to MultiversX.

RetroPGF Round 3 Rewards Contributions to Optimism Collective.

Optimism Collective announces the third round of RetroPGF, distributing 30 million OP tokens to recognize builders, creators, and educators who have positively impacted the Optimism ecosystem. Contributions in categories like OP Stack, collective governance, developer ecosystem, and end-user experience & adoption are eligible for nomination. Learn more about this opportunity to support and be rewarded for meaningful contributions to Optimism's development and adoption.

AshSwap Launches Open-Sourced Aggregator API and Smart Contract.

Exciting news as AshSwap releases its open-sourced Aggregator API and Smart Contract, allowing developers to seamlessly integrate AshSwap into their exchanges. This integration fosters collaborative innovation and accelerates the expansion of MultiversX ecosystems. Join the movement and access the developer documentation to start building with AshSwap's powerful tools and features.