Internet Computer Implements Native Cross-Chain Bridging Without Third-Party Risks
- ICP jumps 6.7% as it enables secure cross-chain transfer without risky third-party bridges.
- Wrapped BTC, ETH, USDT, and USDC on ICP are backed 1:1 using Chain-Key cryptography.
- ICP offers secure, fast, cheap transactions for DeFi and gaming, avoiding $2B+ in bridge hacks.
Internet Computer Protocol (ICP) has gained 6.7% in the past 24 hours as attention turns toward its approach to cross-chain asset bridging. The blockchain offers wrapped versions of major cryptocurrencies without relying on vulnerable third-party bridge protocols.
According to data analytics firm Santiment, ICP supports wrapped versions of Bitcoin (ckBTC), Ethereum (ckETH), Tether (ckUSDT), and USD Coin (ckUSDC). These “ck” tokens maintain 1:1 backing with their original counterparts while operating natively within the ICP ecosystem. The price performance shows steady growth across multiple timeframes, with ICP up 19.2% over the past month.
Did You Know: Internet Computer (ICP) supports wrapped, on-chain versions of major crypto assets like Bitcoin (ckBTC), Ethereum (ckETH), Tether (ckUSDT), and USD Coin (ckUSDC). These "ck" tokens are 1:1 representations of their original counterparts,…
The post Internet Computer Implements Native Cross-Chain Bridging Without Third-Party Risks appeared first on Coin Edition.
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Internet Computer Implements Native Cross-Chain Bridging Without Third-Party Risks
- ICP jumps 6.7% as it enables secure cross-chain transfer without risky third-party bridges.
- Wrapped BTC, ETH, USDT, and USDC on ICP are backed 1:1 using Chain-Key cryptography.
- ICP offers secure, fast, cheap transactions for DeFi and gaming, avoiding $2B+ in bridge hacks.
Internet Computer Protocol (ICP) has gained 6.7% in the past 24 hours as attention turns toward its approach to cross-chain asset bridging. The blockchain offers wrapped versions of major cryptocurrencies without relying on vulnerable third-party bridge protocols.
According to data analytics firm Santiment, ICP supports wrapped versions of Bitcoin (ckBTC), Ethereum (ckETH), Tether (ckUSDT), and USD Coin (ckUSDC). These “ck” tokens maintain 1:1 backing with their original counterparts while operating natively within the ICP ecosystem. The price performance shows steady growth across multiple timeframes, with ICP up 19.2% over the past month.
The post Internet Computer Implements Native Cross-Chain Bridging Without Third-Party Risks appeared first on Coin Edition.
Read More