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Internet Computer Implements Native Cross-Chain Bridging Without Third-Party Risks


by Vignesh Karunanidhi
for CoinEdition

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ICP Advances With Safe Cross-Chain Token Transfers
  • 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 the article at CoinEdition

In This News

Coins

$ 65.50K

+3.33%

$ 1.91K

+4.27%

$ 0.99982

+0.01%

$ 0.00...361

$ 0.000207


Share:

In This News

Coins

$ 65.50K

+3.33%

$ 1.91K

+4.27%

$ 0.99982

+0.01%

$ 0.00...361

$ 0.000207


Share:

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Internet Computer Implements Native Cross-Chain Bridging Without Third-Party Risks


by Vignesh Karunanidhi
for CoinEdition

Share:

ICP Advances With Safe Cross-Chain Token Transfers
  • 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 the article at CoinEdition

In This News

Coins

$ 65.50K

+3.33%

$ 1.91K

+4.27%

$ 0.99982

+0.01%

$ 0.00...361

$ 0.000207


Share:

In This News

Coins

$ 65.50K

+3.33%

$ 1.91K

+4.27%

$ 0.99982

+0.01%

$ 0.00...361

$ 0.000207


Share:

Read More

Litecoin (LTC) Faces a Critical Test: Will Bears Drag It to $40?

Litecoin (LTC) Faces a Critical Test: Will Bears Drag It to $40?

The 3.85% plunge in the market has triggered the crypto token value to sharply declin...
Crypto markets bleed as bitcoin hovers above liquidation zone

Crypto markets bleed as bitcoin hovers above liquidation zone

Bitcoin dropped to $63,000 as the dollar climbed and equities weakened. A break below...