Cross Chain Weekly #16
Lido goes cross chain, $80m raise in a bear market, and a peek at the new crvUSD alpha
The Cross Chain Coalition is hanging out in Vancouver with LayerZero this week. If you burnt your vacation time over Labor Day Weekend and can’t make it, catch us at Cross Chain Cocktails at DevCon in Bogota, Colombia with the full team of partners LayerZero, Curve, Paloma, and ApeWorx. We invited Michael Saylor but not sure he’s going to be able to make it….
Trigger warning maxis; the future is cross chain, so let’s dive in.
Inside the Coalition
Dev Help Dev
Academic Dive
The idea of “parallel processing” is not new… yet many of the new L1’s are championing this. Why? The EVM has established a critical mass of adoption by developers with over 20 major implementations.
But, the EVM might face problems scaling. At least that’s the bet chains like Aptos, Sui, Linera, and Fuel are making.
The fundamental limits in the EVM structure has set the stage for a new realm of L1s that focus on parallel execution. Mohamed Fouda of Volt Capital breaks down these projects and the challenges that face them in his new article. Check out the full breakdown here.
News from Outside the Coalition
All Eyes Are On… Our Partners
Recent Funding & Acquisitions
Dust raises $7M without a trace… But really what’s going on here?
Remember Trivia HQ? The bankrupt company scores $7M seed for NFT play
Out Run the Rat Race
Upcoming Events
Cross Chain Cocktails at DevCon // Bogota, Oct 12th
The first ever Arbitrum Hackathon // Bogota, Oct. 15th - 16th
Full Crypto Events List by Crypto Nomads // Global, Q3 & Q4 2022
Inside Jokes
Also Wait… what’s the Cross Chain Coalition?
The Cross Chain Coalition (CCC) is a collective of builders that have united together to educate developers on cross chain infrastructure. The CCC aims to expand awareness and increase education for cross chain development. Join us in our journey to turn every blockchain engineer into a crosschain engineer.