Cross Chain Weekly #40
Cross Chain Weekly #40
Eth Denver alpha, Polygon’s recent layoffs, and Sony’s new web3 incubator
Gm fam. Welcome to the Cross Chain Weekly - the weekly email that makes you a smarter blockchain insider. As many of you head off to EthDenver for #BUIDL Week, we want to make sure you are up-to-date on all action! Our good friends over at Crypto Nomads Club summarized it well below - check it out!
Trigger warning maxis; the future is cross chain, so let’s dive in.
All Eyes Are On… Our Partners
Dev Help Dev
Academic Dive featuring Arjun from Li.Fi
Bridges are changing… With several bridges gaining meaningful traction, bridges have become a critical infrastructure in the multi-chain ecosystem. However, currently, bridges are mainly being used to move from one chain to another.
Cross-chain token transfers are just scratching the surface of what’s possible with bridges. Arbitrary messaging bridges, aka AMBs, enable the movement of more complex data like messages, contract calls, and NFT between chains, unlocking the ability to build superior cross-chain dApps.
Arjun Chand writes an insightful piece that shows how the bridging landscape is evolving beyond token bridges, with bridges like Connext and Hop turning into AMBs to power the next wave of sophisticated cross-chain dApps. If you're a cross-chain enjoyooor, make sure you read this article as this could be the start of a new trend for bridges.
Inside the Coalition
News from Outside the Coalition
Funding
Chaos Labs raises $20M to automate on-chain risk optimization
Lightspeed leads $6.4M seed round into web3 observability platform
Out Run the Rat Race
Upcoming Events
When I say Eth, you say Denver // Feb 24 - Mar 5, Denver CO
BUIDLing the Multichain with Polkadot // Feb 28, Denver CO
The ulimate guide to EthDenver side events // Feb 25 - Mar 5, Denver CO
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.