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dYdX Clarification: The suspension of the wethDYDX cross-chain bridge was a decision made by community governance, not by the foundation alone.

PANews reported on September 22nd that dYdX stated in its official blog that the dYdX community has recently expressed concerns about the discontinuation of support for the wethDYDX smart contract (referred to as the "cross-chain bridge"). Due to governance results, support for the cross-chain bridge officially ended in June 2025. The dYdX Foundation hopes to further clarify the governance process that led to this result and the role of the foundation in the ecosystem. Discontinuing support for the cross-chain bridge is a formal governance decision made by the dYdX community. Although the role of the foundation is to support governance, education, and coordination, it does not act as a liquidity provider or a unilateral decision-maker. Any subsequent actions must be initiated by the community itself to ensure that dYdX remains decentralized.
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Justin Sun: The BitTorrent team has completed the BTTC cross-chain bridge decommissioning plan, and all funds are safe.

PANews reported on July 8th that Justin Sun posted on the X platform: "The BitTorrent team has informed me that they have completed the BTTC Bridge Sunset Program. Going forward, the BitTorrent team will focus more on decentralized AI and the maintenance of the BitTorrent decentralized protocol. All funds are safe, and users can continue to deposit and withdraw BTTC Bridge funds through partner centralized exchanges."

07-06 09:27

EthLabs: Advancing hiring, fundraising, and asynchronous cross-chain interoperability based on ZooKeeper technology.

PANews reported on July 6th that EthLabs, an Ethereum ecosystem research organization, announced that it has entered its second week of operation and is actively recruiting and raising funds. The team plans to expand to approximately 10 people soon and 20 people in the medium term, and has already received over 300 applications. Regarding funding, it has secured initial support from Bitmine, Sharplink, and Joseph Lubin, and is seeking one or two additional anchor funders. Technically, EthLabs is accelerating the development of asynchronous cross-chain interoperability based on ZooKeeper technology, believing that more secure cross-chain bridges will provide issuers with confidence in the widespread distribution of assets across the network, while also focusing on the Fast Confirmation Rule's improvement of L1 to L2 link latency.

07-05 17:29

ZachXBT: A hacker withdrew 3200 ETH from Tornado and laundered approximately $5.5 million through Circle's CCTP cross-chain service.

PANews reported on July 5th that on-chain detective ZachXBT disclosed on his personal channel that a hacker withdrew approximately 3200 ETH via Tornado Cash between July 2nd and 3rd. The funds are related to two private key leaks. The address subsequently used Circle's CCTP cross-chain bridge to launder approximately $5.5 million in assets across chains, further transferring USDC to seven deposit addresses on the Arbitrum network. ZachXBT pointed out that this fund flow exhibits a typical decentralized money laundering path, utilizing mixing tools and cross-chain infrastructure to reduce the difficulty of tracing. The related on-chain assets are still continuously circulating.

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Astar launches a cross-chain version of USDC, replacing several older cross-chain assets such as ceUSDC.

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