Uniswap DAO debate exhibits devs nonetheless wrestle to safe cross-chain bridges

Over $2.5 billion was stolen in cross-chain crypto bridge hacks from 2021 to 2022, based on a report by Token Terminal. However, regardless of a number of makes an attempt by builders to enhance bridge safety, a debate from December 2022 to January 2023 on the DAO boards has laid naked safety weaknesses that live on in blockchain bridges.

Prior to now, bridges like Ronin and Horizon used multisig wallets to make sure that solely bridge validators might authorize withdrawals. For instance, Ronin required 5 out of 9 signatures to withdraw, whereas Horizon required two out of 5. However attackers discovered find out how to circumvent these methods and withdrew hundreds of thousands of {dollars} price of crypto, leaving customers of those bridges with unbacked tokens.

LayerZero

Celer

Wormhole

DeBridge

LayerZero allegedly offers energy to app devs

Celer raises considerations about safety mannequin

Wormhole not slashin’

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