squid

Squid raises $6M in a funding round

#Squid secures $6M in a funding round led by North Island Ventures with participation from Ripple, Dialectic, Borderless, Scenius Capital, Altos, Arche Capital, and angel investors. The funds will support the expansion of Squid’s consumer-facing cross-chain asset management product across its existing infrastructure spanning 100+ chains and 20,000+ tokens.

Squid provides an API and front end dev-tools to build cross-chain swaps, bridges, and generic transactions.

👉 x.com/squidrouter/status/2057894019082973564

⚠️ Squid Cross-Chain Protocol Hacked: Losses Exceed $3 Million

📅 May 25th Blockaid Monitoring

🔥 Attack Details:
• Target: SquidRouterModule (Ethereum & Base)
• Duration: Within 2 hours
• Affected Wallets: 86 Gnosis Safe
• Total Loss: ~ $3 Million
• Stolen Funds Destination: Converted to DAI via Uniswap V3

📊 Project Background:
• Recently completed $6 Million funding
• Incident is still unfolding

💡 Impact Analysis:
• Cross-chain protocol vulnerabilities causing panic
• Decreased trust in the Base ecosystem and cross-chain security
• Related projects may face sell pressure in the short term

🛡️ Security Recommendations:
• Avoid affected cross-chain protocols
• Pay attention to security audit projects
• Demand for decentralized insurance projects may rise

⚠️ Note:
• The situation is still developing, stay tuned for official updates
• Gnosis Safe users should check wallet security

#Squid #安全事件 #跨链协议 #Base #DeFiSecurity

BNB remains bullish and is trading near the $700 level.
🔹 Positive sentiment is supported by Binance's GENIUS HODLer Airdrop and growing institutional interest.
🔹 Trading volume has increased, showing strong market activity.
🔹 Key support: $650
🔹 Key resistance: $720
Outlook: Short-term momentum remains positive while BNB stays above the $650 support zone. 📈
#BNB走势 #GrayscaleHyperliquidReport
#Crypto_Jobs🎯 #Squid $BNB

🚨 RIPPLE INVESTS IN SQUID'S 6M 📈 FUNDING ROUND FOR CROSS-CHAIN INFRASTRUCTURE 🧠

📊 $BTC | $ETH | $BNB

- Ripple joins $6M funding round for Squid
- Squid raises $6M for cross-chain infrastructure
- North Island Ventures leads funding round
- Ripple simplifies cross-chain crypto 📈

- Market might react sideways
- Ripple's investment could boost Squid
- Whales may show neutral behavior
- Short-term outlook remains neutral 🔥

- What are your thoughts on Ripple's investment?

- Follow us for more crypto updates

#Ripple #Crypto #Blockchain #CrossChain #Squid

🌟 Ripple Backs Squid’s $6M Raise 💸

⏹️ Squid, a cross-chain infrastructure platform, raised $6M in a strategic round led by North Island Ventures. Ripple, Dialectic, Borderless, and other VCs also participated.
⏹️ The funding brings Squid’s total to $13.5M and will go toward building consumer-facing products that make moving assets across chains easier.

What Squid Does 🔗
➡️ Squid lets users move assets across Bitcoin, Ethereum, Solana, Cosmos, and the XRP Ledger in a single transaction.
➡️ It’s the official bridge partner for XRPL and runs a validator on the network.
➡️ Since Jan 2023, it’s processed $6B+ in volume across 4M+ transactions for 1M+ users. Its “Intents” layer uses market makers and trusted execution environments to support 100+ networks.

Why It Matters for Ripple 🤝
⏹️ The investment fits Ripple’s push to expand XRPL infrastructure. Ripple has also been testing tokenized Treasury settlement on XRPL with JPMorgan and Mastercard, and the XRP Alliance recently launched to build yield products for XRP holders.

$XRP

#RippleXRP 💧 #Squid 🌊 #CrossChain 🔗 #CryptoInfra 🛠️ #XRPLedger 🧑‍💻

Even though it's little, we keep pushing forward, nobody gives us anything like them #BNB #Squid

Headline: Progress > Perfection
​Success isn't about the "big win"—it’s about the discipline of showing up every day. In a fast-changing world, your greatest asset is the ability to adapt and stay consistent. Focus on the process, and the results will take care of themselves.
​Bottom line: Keep moving, keep evolving.
​Option 2: Casual & High Energy
​Headline: Don't Wait for "Perfect" 🚀
​We often get so caught up in the hustle that we forget the journey is the point. Celebrate the small wins and learn from the "oops" moments. The best time to start was yesterday; the next best time is right now. Let's get after it! ☕️#StrategyBTCPurchase 💎💎💎💎💎
#CanTheDeFiIndustryRecoverQuicklyFromAaveExploit?
#Squid $BNB
$XLM
$HOT