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


Vignesh Karunanidhi
для CoinEdition
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.

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


Vignesh Karunanidhi
для CoinEdition
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.

Читать материал на CoinEdition

Читать больше

Bitcoin Could Be Next After Gold’s Breakout as Altcoin Season Nears

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After gold’s explosive breakout, market analysts are now watching Bitcoin (BTC) close...
New “FIFA Blockchain” To Use Avalanche’s Customizable Subnet-Like Tech

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