bifrost

UPBIT will start supporting the KRW and USDT trading markets for Bifrost (BFC) at 13:45 on September 10. Please note that within approximately 5 minutes after trading support begins, buy orders will be restricted, and the minimum selling price will be limited to below 10% of the previous day's closing price. Additionally, within approximately 2 hours after trading support begins, all order types except limit orders will be restricted.

According to Bifrost monitoring, hackers exploited vulnerabilities in liquidity pools to steal assets worth approximately $720,000 from the vDOT single currency pool and the vASTR/ASTR and vMANTA/MANTA pools. The related assets were subsequently deposited into HitBTC and eventually flowed into Binance.Bifrost has contacted the Binance security department to submit a fund freeze application and has reported to law enforcement along with an on-chain evidence package, including transaction tracking, wallet addresses, and timestamps. Currently, Bifrost has halted all liquidity mining rewards and is conducting a comprehensive security review.

ChainCatcher news, the cross-chain project Bifrost under the blockchain technology company PhiloLab Technology announced a strategic investment in the Japanese blockchain project Japan Open Chain (JOC). This investment aims to promote market expansion for Web3 enterprises in Japan and globally, and to build a blockchain ecosystem for practical applications.Bifrost plans to provide interoperability technical support for JOC and will deploy decentralized application (DApp) services on its network to further activate the JOC network ecosystem.

ChainCatcher message, official news, Manta Network enables users to withdraw MANTA from exchanges to Manta Pacific and directly stake MANTA through the full-chain LSD protocol Bifrost and the full-chain protocol LayerZero, without needing to cross-chain to the Manta Atlantic network. Users can stake MANTA tokens using a 0x address via Web3 wallets like Metamask at https://omni.ls/, earning staking rewards and liquidity tokens vMANTA, with a current APY of 31.32%.

ChainCatcher According to official news, the L1 chain Bifrost has announced a strategic investment in Slash Vision Labs.It is reported that Slash's main products include Slash Payment and Slash Card. Since its establishment in October 2022, Slash Payment has processed over $200 million in transactions and enabled more than 4,000 merchants to accept various tokens. In addition, the Slash Card is a cryptocurrency-supported credit card in Japan, scheduled to launch in the summer of 2024.