Core DAO Launches Core Bridge, Huobi Confirmed as Validator

With the launch of Core Bridge, users can seamlessly transfer supported assets from Core DAO to other blockchains, including BNB Chain and Ethereum.

 

Core DAO News: Core Bridge Goes Live 

Following the strategic partnership with LayerZero Labs in January, Core DAO has launched the highly anticipated Core bridge for users and developers. The move paves the way for more Core progress in Decentrallzed Finance (DeFi).

 

The Core bridge, powered by LayerZero, allows users to seamlessly transfer supported assets between the layer-1 blockchain and other industry-leading chains. As of writing, the Core bridge supports BNB and Ethereum chains, supporting USDC, USDT, and WETH.

 

Now, new users from supported blockchains can easily join the Core DAO ecosystem. The cross-chain transfer of assets is just an aspect of the bridge’s capabilities.

 

As reported by BSC News, it would allow developers to bridge other chains into their Decentralized Applications (dApps) while allowing them to utilize LayerZero’s cross-chain messaging framework to connect Core chain smart contracts to other blockchains.

 

Interested users should visit bridge.coredao.org to utilize the cross-chain bridge. You can also read Core DAO’s Medium publication to learn more about the innovation.

 

In another positive update, Core DAO has confirmed that Huobi has joined its ecosystem as a verifier. The top-tier exchange now supports the Core blockchain, allowing users to entrust their holdings of $Core to earn rewards. Huobi joins other top-tier protocols, including Everstake and InfStones Global, to validate transactions and run secure nodes for Satoshi Plus Consensus.

 

---

 

Read More:

Core DAO (CORE) Price Prediction 2023, 2025, 2030

Will Pi Network Ever Launch? What Stage is Pi Network Now?

Is Pi Network Legit Or Scam: Pi Cryptocurrency Real Or Fake?

Pi Coin Price Prediction: Will Pi Ever Be Worth Money?

XRP Price Prediction $500: Can XRP Reach $500 Dollars?

Luna Classic Price Prediction: Will Luna Classic Reach $1?

Ethereum Price Prediction 2025-2030

HBAR Price Prediction 2025, 2030

ADA Cardano Price Prediction 2025, 2030

Blur Price Prediction 2023, 2025, 2030

Can Shiba Inu Reach 1 Cent?

Polygon MATIC Price Prediction 2023, 2025, 2030

The Sandbox Price Prediction 2025, 2030

Wild Cash App by Hooked Protocol: Answer Quiz to Earn $HOOK

Moon Bitcoin Review – Your Best Chance to Get Free Bitcoins

Gasoline Price Prediction 2023-2030: What Will It Be in Five Years?

Sofi Stock Price Prediction for 2023, 2025, 2030

ChargePoint Stock Forecast for 2023, 2025, 2030

Silver Price Predictions for Next 5 Years

Bitcoin Futures Trading for Beginners