Injective Protocol's Value Questioned Amidst Rising Popularity
DeFi researcher Thor Hartvigsen questions Injective Protocol's high valuation, contrasting its modest on-chain metrics with competitors, despite its impressive market performance.
![image Cheng Yuan](https://image.coinlive.com/24x24/cryptotwits-static/d72925aa1ab0dd6c7c2d9d35f3cce279.png)
DeFi researcher Thor Hartvigsen questions Injective Protocol's high valuation, contrasting its modest on-chain metrics with competitors, despite its impressive market performance.
Avalanche Bridge™ enables seamless blockchain interoperability through asset locking, validation, and data synchronization, fostering multi-chain connectivity
North Korea-linked cybercrime syndicate Lazarus Group has reportedly transferred $63.4 million in Ethereum from 2022’s mammoth Harmony bridge hack, depositing it on Binance, Huobi, and OKX.
The hacker exploited a vulnerability in the IAVL TREE to forge a malicious withdrawal message.
The main layer-one blockchain bridge between ethereum, Binance Chain and bitcoin has been stolen for nine figures, but said its BTC bridge was not affected.
The layer-1 blockchain’s main bridge between Ethereum, Binance Chain, and Bitcoin has been exploited for nine figures, but says its BTC bridge has not been affected.
“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a button,” Injective Labs stated.
According to the proposal, Injective Chain will stop the Injective Chain application binary at block height 614200 (about 14:00 UTC on April 11) and start a new Injective Chain application binary.
Treasury Department updates SDN list to ostensibly tie infamous hacker group to last month’s mega-heist.