Total MarketCap:$3,931.86B-3.24%
24H Vol:$143.39B
BTC:
1
sat/vB
API
EN
Light
Install App

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
Updated 1 day ago
MAG7.ssi Surges Over 6% on XRP Breakout — Why XRP Is Soaring
MAG7.ssi Surges Over 6% on XRP Breakout — Why XRP Is Soaring
MAG7.ssi Surges Over 6% on XRP Breakout — Why XRP Is Soaring
MAG7.ssi Surges Over 6% on XRP Breakout — Why XRP Is Soaring
MAG7.ssi Surges Over 6% on XRP Breakout — Why XRP Is Soaring
MAG7.ssi Surges Over 6% on XRP Breakout — Why XRP Is Soaring
MAG7.ssi Surges Over 6% on XRP Breakout — Why XRP Is Soaring
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Al-Driven Crypto Investment Research Revolution
Milkomeda
Layer 2 Protocol delivering EVM capabilities to non-EVM blockchains
milkomeda
Twitter
Medium
Categories:
Altchain EVM
Infra
Ecosystem:
Solana
Algorand
Cardano
Founded:
2021
Milkomeda provides rollup technologies to leading Layer 1 ecosystems, offering the most popular smart contracting language, Solidity, while enhancing inter-blockchain interoperability, user experience, and developer traction at the Layer 2 level.
Milkomeda Fundraising
Amount
$4M
Valuation
--
Date
Oct 21, 2022
Investors
Archetype*
Sora Ventures
Borderless Capital
SOSV
Arrington Capital
Coinbase Ventures
Circle Ventures
Algorand Foundation
Investor
Coinbase Ventures
United States
Borderless Capital
Arrington Capital
United States
Shima Capital
United States
LongHash Ventures
Singapore
Sora Ventures
Circle Ventures
United States
Archetype
United States
Algorand Foundation
D1 Ventures
SOSV
United States
Old Fashion Research
Chinese Mainland
News
It’s been a wild ride, but as @Cardano moves into a new era, we have to recognize what no longer fits its future. Milkomeda will shut down in four months. Please withdraw your funds before September 1 (00:00 EST). Any funds left after that deadline will be frozen. 1/2
#Layer2
$ADA
Milkomeda_com
Apr 22, 2025
How Pera's Zero Trust Architecture Enhances Multi-Chain Asset Interoperability Without Trusted Roots or BridgesMulti-chain asset interoperability is essential for the blockchain ecosystem, but it often comes with significant security risks, especially when relying on trusted roots or bridges. The Nomad Hack in August 2022 is a stark reminder of these vulnerabilities. Let's delve into what happened during the Nomad exploit and explore how Pera’s Zero Trust architecture offers a more secure way to achieve multi-chain interoperability.The Nomad Hack and Its VulnerabilitiesIn August 2022, the Nomad Bridge—a protocol facilitating interactions across Ethereum, Moonbeam, Avalanche, Evmos, and Milkomeda—was exploited, resulting in the loss of over $190 million. This breach occurred due to a critical vulnerability where the "trusted root" was inadvertently set to 0x00. This misconfiguration bypassed all verification checks, allowing any transaction to be considered valid without proper authentication.Attackers quickly exploited this flaw. Without the need for valid proofs to verify operations, malicious actors could replicate a simple exploit transaction to withdraw funds without depositing any assets. This led to a cascade of copy-paste attacks, rapidly draining the bridge's funds.The Nomad Bridge's design followed the Castle and Moat architecture, relying on a fortified central point (the castle) protected by surrounding defenses (the moat). In this context, the trusted root acted as the gatekeeper for verification. However, once the trusted root was compromised, the entire system was left defenseless. The flaw lies in its single point of failure: if the central trust mechanism is breached or misconfigured,—as it was in the Nomad Hack—any and all user assets are at risk.How Pera’s Zero Trust Model Prevents Such ExploitsPera addresses these vulnerabilities by enabling a Zero Trust architecture, eliminating the need for trusted roots or bridges. It enables Zero Trust Protocols (ZTPs) to interact with native assets across chains using dWallets—a programmable blockchain primitive that has addresses in any network while preserving user self-custody and the Zero Trust principles of each network. Here's how this model enhances security:1️⃣User-Controlled Transactions with Zero Trust ProtocolsActive User Participation: Pera's Zero Trust Protocols ensure that users have active control over every transaction. Transactions require cryptographic proofs from both the user and Pera's Signature Network nodes, utilizing the novel 2PC-MPC signature scheme.Dual Verification: Both the user's secret share and the network's secret share are necessary to verify a transaction, preventing unauthorized actions.Collusion Resistance: Even if Pera's network nodes were to be compromised, user assets remain secure because both cryptographic shares are necessary for successful signature generation.2️⃣Elimination of Permissioned Trust PointsNo Central Authority: By not relying on any single entity, Pera's Zero Trust architecture avoids the pitfalls of single points of failure. Without a central trusted root, there's no singular target for attackers to exploit.Native Assets: Assets remain on their native chains, managed by dWallets without the need to route them through vulnerable bridges.By removing reliance on trusted roots and bridging mechanisms, Pera's Zero Trust architecture mitigates the vulnerabilities that led to the Nomad exploit. Without a mis-configurable trusted root or permissioned control points, the specific exploit used against Nomad becomes impossible. The required active user involvement in transaction generation creates self-custody level of security, making unauthorized withdrawals without user consent impossible.Advantages of Pera's Zero Trust Architecture🔐 Security: Removes trusted third parties, eliminating the risk of exploits similar to the Nomad Hack.🌐 Interoperability: Enables seamless interaction with native assets across different blockchains without relying on vulnerable bridges.👤 User Empowerment: Grants users self-custody and control over their assets and transactions within a Zero Trust system.⚙️ Robust Cryptography: Utilizes advanced cryptographic techniques like the novel 2PC-MPC signature scheme to ensure transaction integrity and security.🖧 Massively Decentralized: Removing a single point of failure. Hundreds or even thousands of parties participate with the user in generating signatures.ConclusionThe Nomad Hack highlighted critical weaknesses in protocols that rely on permissioned trust mechanisms for multi-chain interactions. Pera's Zero Trust architecture offers a compelling solution by:Eliminating permissioned trust points and bridges.Utilizing dWallets that manage assets natively through Zero Trust Protocols on different chains.Requiring active user participation and dual cryptographic verification for transactions.By adopting this Zero Trust model, multi-chain asset interoperability becomes significantly more secure, protecting users and networks from the kinds of vulnerabilities that led to the loss of $190 million in the Nomad incident.Secure your assets with Pera's advanced cryptographic solutions in a Zero Trust environment.🛡️
#Layer1
ikadotxyz
Sep 25, 2024
In this tutorial, we look at how to create a multi-chain wallet with @NuFi_Official. It's a great wallet that works on #Cardano @Milkomeda_com #Ethereum #Polygon and more! It works perfectly with Blueshift! Full guide via our YouTube channel: https://t.co/lCN3ce1BhQ https://t.co/gUKwkCgQCn
#Layer1
$ADA
blueshiftfi
Apr 8, 2024
🎓 In this guide you will discover how to bridge LP tokens, such as the Cardano Index LP token, from Milkomeda to Cardano. You can try it yourself by simply visiting Blueshift DEX at https://t.co/rvykrIJ5rd https://t.co/tihj0UPIMg
#DeFi
blueshiftfi
Apr 4, 2024
In this guide you will discover how to bridge LP tokens, such as the Cardano Index LP token, from Milkomeda to Cardano. Be sure to check out our YouTube channel as well. We post a lot of educational content around #DeFi on @Milkomeda_com. https://t.co/mTMxg26zfd https://t.co/qfBnz046Mx
#DeFi
blueshiftfi
Feb 28, 2024
Scan QR Code to Explore more key information
Milkomeda
Layer 2 Protocol delivering EVM capabilities to non-EVM blockchains
milkomeda
Twitter
Medium
Categories:
Altchain EVM
Infra
Ecosystem:
Solana
Algorand
Cardano
Founded:
2021
Milkomeda provides rollup technologies to leading Layer 1 ecosystems, offering the most popular smart contracting language, Solidity, while enhancing inter-blockchain interoperability, user experience, and developer traction at the Layer 2 level.
Milkomeda Fundraising
Fundraising Event
RoundAmountValuationDateInvestors
--$4M--Oct 21, 2022
Archetype*
Sora Ventures
Borderless Capital
SOSV
Arrington Capital
Coinbase Ventures
Circle Ventures
Algorand Foundation
Investor
Coinbase Ventures
United States
Borderless Capital
Arrington Capital
United States
Shima Capital
United States
LongHash Ventures
Singapore
Sora Ventures
Circle Ventures
United States
Archetype
United States
Algorand Foundation
D1 Ventures
SOSV
United States
Old Fashion Research
Chinese Mainland
Powered by
News
It’s been a wild ride, but as @Cardano moves into a new era, we have to recognize what no longer fits its future. Milkomeda will shut down in four months. Please withdraw your funds before September 1 (00:00 EST). Any funds left after that deadline will be frozen. 1/2
#Layer2
$ADA
Milkomeda_com
Apr 22, 2025
How Pera's Zero Trust Architecture Enhances Multi-Chain Asset Interoperability Without Trusted Roots or BridgesMulti-chain asset interoperability is essential for the blockchain ecosystem, but it often comes with significant security risks, especially when relying on trusted roots or bridges. The Nomad Hack in August 2022 is a stark reminder of these vulnerabilities. Let's delve into what happened during the Nomad exploit and explore how Pera’s Zero Trust architecture offers a more secure way to achieve multi-chain interoperability.The Nomad Hack and Its VulnerabilitiesIn August 2022, the Nomad Bridge—a protocol facilitating interactions across Ethereum, Moonbeam, Avalanche, Evmos, and Milkomeda—was exploited, resulting in the loss of over $190 million. This breach occurred due to a critical vulnerability where the "trusted root" was inadvertently set to 0x00. This misconfiguration bypassed all verification checks, allowing any transaction to be considered valid without proper authentication.Attackers quickly exploited this flaw. Without the need for valid proofs to verify operations, malicious actors could replicate a simple exploit transaction to withdraw funds without depositing any assets. This led to a cascade of copy-paste attacks, rapidly draining the bridge's funds.The Nomad Bridge's design followed the Castle and Moat architecture, relying on a fortified central point (the castle) protected by surrounding defenses (the moat). In this context, the trusted root acted as the gatekeeper for verification. However, once the trusted root was compromised, the entire system was left defenseless. The flaw lies in its single point of failure: if the central trust mechanism is breached or misconfigured,—as it was in the Nomad Hack—any and all user assets are at risk.How Pera’s Zero Trust Model Prevents Such ExploitsPera addresses these vulnerabilities by enabling a Zero Trust architecture, eliminating the need for trusted roots or bridges. It enables Zero Trust Protocols (ZTPs) to interact with native assets across chains using dWallets—a programmable blockchain primitive that has addresses in any network while preserving user self-custody and the Zero Trust principles of each network. Here's how this model enhances security:1️⃣User-Controlled Transactions with Zero Trust ProtocolsActive User Participation: Pera's Zero Trust Protocols ensure that users have active control over every transaction. Transactions require cryptographic proofs from both the user and Pera's Signature Network nodes, utilizing the novel 2PC-MPC signature scheme.Dual Verification: Both the user's secret share and the network's secret share are necessary to verify a transaction, preventing unauthorized actions.Collusion Resistance: Even if Pera's network nodes were to be compromised, user assets remain secure because both cryptographic shares are necessary for successful signature generation.2️⃣Elimination of Permissioned Trust PointsNo Central Authority: By not relying on any single entity, Pera's Zero Trust architecture avoids the pitfalls of single points of failure. Without a central trusted root, there's no singular target for attackers to exploit.Native Assets: Assets remain on their native chains, managed by dWallets without the need to route them through vulnerable bridges.By removing reliance on trusted roots and bridging mechanisms, Pera's Zero Trust architecture mitigates the vulnerabilities that led to the Nomad exploit. Without a mis-configurable trusted root or permissioned control points, the specific exploit used against Nomad becomes impossible. The required active user involvement in transaction generation creates self-custody level of security, making unauthorized withdrawals without user consent impossible.Advantages of Pera's Zero Trust Architecture🔐 Security: Removes trusted third parties, eliminating the risk of exploits similar to the Nomad Hack.🌐 Interoperability: Enables seamless interaction with native assets across different blockchains without relying on vulnerable bridges.👤 User Empowerment: Grants users self-custody and control over their assets and transactions within a Zero Trust system.⚙️ Robust Cryptography: Utilizes advanced cryptographic techniques like the novel 2PC-MPC signature scheme to ensure transaction integrity and security.🖧 Massively Decentralized: Removing a single point of failure. Hundreds or even thousands of parties participate with the user in generating signatures.ConclusionThe Nomad Hack highlighted critical weaknesses in protocols that rely on permissioned trust mechanisms for multi-chain interactions. Pera's Zero Trust architecture offers a compelling solution by:Eliminating permissioned trust points and bridges.Utilizing dWallets that manage assets natively through Zero Trust Protocols on different chains.Requiring active user participation and dual cryptographic verification for transactions.By adopting this Zero Trust model, multi-chain asset interoperability becomes significantly more secure, protecting users and networks from the kinds of vulnerabilities that led to the loss of $190 million in the Nomad incident.Secure your assets with Pera's advanced cryptographic solutions in a Zero Trust environment.🛡️
#Layer1
ikadotxyz
Sep 25, 2024
In this tutorial, we look at how to create a multi-chain wallet with @NuFi_Official. It's a great wallet that works on #Cardano @Milkomeda_com #Ethereum #Polygon and more! It works perfectly with Blueshift! Full guide via our YouTube channel: https://t.co/lCN3ce1BhQ https://t.co/gUKwkCgQCn
#Layer1
$ADA
blueshiftfi
Apr 8, 2024
🎓 In this guide you will discover how to bridge LP tokens, such as the Cardano Index LP token, from Milkomeda to Cardano. You can try it yourself by simply visiting Blueshift DEX at https://t.co/rvykrIJ5rd https://t.co/tihj0UPIMg
#DeFi
blueshiftfi
Apr 4, 2024
In this guide you will discover how to bridge LP tokens, such as the Cardano Index LP token, from Milkomeda to Cardano. Be sure to check out our YouTube channel as well. We post a lot of educational content around #DeFi on @Milkomeda_com. https://t.co/mTMxg26zfd https://t.co/qfBnz046Mx
#DeFi
blueshiftfi
Feb 28, 2024
This is an old AMA we had @NicoArqueros from @Milkomeda_com. He explains what Wrapped Smart Contracts are and why they decided to create them. #CardanoADA You can experience what it's like directly on our DEX https://t.co/mIH5dxU4bx https://t.co/IbzwPqaEm0 https://t.co/0kdDQNGAG6
#Layer1
blueshiftfi
Feb 27, 2024
🎓 Over the past month, we've been posting a lot of educational content about #DeFi on @milkomeda_com on our YouTube channel. Make sure you subscribe! ✏️ https://t.co/wmjYpDmnia https://t.co/h9LChPp11t
#DeFi
blueshiftfi
Feb 26, 2024
Charles Hoskinson Highlights Cardano's Growth and Bullish Prospects for ADA
#DeFi
$WW
$ADA
ZyCrypto
Feb 14, 2024
Cool to see games in Cardano leveraging Milkomeda (through @PaimaStudios)! Go check out the SNEK game below ↓
#GameFi
Milkomeda_com
Dec 30, 2023
High interest in the @TangleSwap sale overloaded the public endpoints for Milkomeda Unfortunately this caused downtime for Wrapped Smart Contracts (WSC) that allows Cardano wallets to use EVM contracts (ex: Nami, Eternl) We'll make performance improvements as soon as we can Very cool to see that wrapped smart contracts worked as intended to allow EVM dApps to onboard many Cardano users To make it clear, although the network was able to handle all the traffic without any hiccups some of the public endpoints (indexer) on top of it didn’t scale up in time for the spike Appreciate your patience and support during this time and will keep you updated on the progress as we ensure all transactions get processed smoothly going forward.
#Layer2
Milkomeda_com
Dec 15, 2023
Important Update: Mixed News Ahead The Bad News: We must start with some unfortunate developments. Milkomeda A1 (Algorand) is currently not generating sufficient fees to cover the operating expenses of its validators. This shortfall has ...
#Layer1
Milkomeda_com
Dec 1, 2023
🚀 Exciting news! 🌐 The audit for Paribus on-chain governance has kicked off! 🛠️ We're embarking on the journey to create a #DAO, marking a step toward true decentralization while ensuring robust security measures. $PBX holders, get ready to shape the future! You'll play a pivotal role in managing the treasury, shaping fee structures, exploring new markets, and steering the protocol forward. Stay tuned for initial proposals on our governance forum and updates on the audit via our socials. #Governance #Arbitrum #Cardano #Milkomeda #DeFi #ETH
#DeFi
paribus_io
Nov 29, 2023
𝐎𝐜𝐜𝐚𝐦𝐗 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐭𝐨 𝐇𝐮𝐦𝐚𝐧𝐨𝐝𝐞! $OCX token can now cross from @Milkomeda_com C1 to @humanode_io, thanks to the @chain_port! Find out more in the article below ⬇️ https://t.co/jS90f9yFiH
#DeFi
occamDEX
Nov 7, 2023
🔐 AE researchers conducted a security review of the Milkomeda Liquid Staking smart contracts, which enable users to earn Cardano staking rewards while keeping custody of funds.The @Milkomeda_com team addressed all major issues identified. 🛠️https://t.co/p6yojmcr7t https://t.co/C00O2aZZLU
#DeFi
Arbitrary_Exec
Sep 20, 2023
We are thrilled to officially announce that the #Paribus governance system will be deployed on @Milkomeda_com, once complete 🗳️ This decision is a direct result of your valuable input and strong community support. Together, we're shaping the future of Paribus on #Milkomeda 🤝…
$PBX
paribus_io
Sep 19, 2023
Power to the people 💪 Which chain would you like to see the Paribus governance system be on? 🗳️ A) #Milkomeda B) #Arbitrum Before voting here is some More background on the thread 🧵 below 👇 $PBX
$ARB
paribus_io
Sep 5, 2023
AdaSwap operates on the @Milkomeda_com blockchain. Unfortunately, the primary for cross-chain bridging solution for Milkomeda, @MultichainOrg , recently encountered a security breach. To ensure the safety of our users and prevent them from adding liquidity to LP pools involving token pairs bridged from Multichain, we have decided to temporarily halt all LP deposits on our DEX. It's important to note that users will still retain the ability to withdraw their funds from our decentralized exchange. We appreciate your comprehension in this matter, and we will continue to provide you with additional updates as the situation develops.
#DeFi
adaswapapp
Aug 24, 2023
OccamX is supporting @DjedAlliance by adding Milkomeda-C1 Djed Dollar and ReserveCoin to #OccamX’s default token list, as well as opening a liquidity mining pool on the 7th of June, at 18:00 UTC! Learn more 👉 https://t.co/Urd1NPe9Dx
#DeFi
occamDEX
Jun 8, 2023
March OCX Distribution! 📢OCC Stakers and OCC-ETH/BNB liquidity miners have had their token airdropped on the Milkomeda C1 chain. 📌Attention ADA Delegators! Please claim your tokens via https://t.co/NmNwHS6kNG. Steps on how to claim👇👇: https://t.co/Y8R2ce7d85
#DeFi
occamDEX
Mar 28, 2023
Hey AdaSwap! We are on a very exciting journey to build the @Milkomeda_com ecosystem and raise both traffic and LP. We have been working on our product nonstop to ensure the best trading experience for you! Now we look outwards to start building #defi on #Cardano https://t.co/M9XnSNDUYb
#DeFi
adaswapapp
Mar 8, 2023
🔥 DeFire is developing something unique: a #DEX aggregator that will transform how our DEX partners interact with our technology and streamline how we transfer #tokens on @Milkomeda_com.Stay tuned! https://t.co/42zAmO2ztv
#DeFi
DeFIRE_Fi
Jun 27, 2022
🔥 We are now able to release our updated roadmap; a mix of technical updates, marketing plans and features that culminate in DeFire’s full #DAO governance!DeFire is coming to @Milkomeda_com to make trading on their amazing #DeFi ecosystem simple, and seamless https://t.co/K6OzlxpNXH
#DeFi
DeFIRE_Fi
Jun 17, 2022
🔥 DeFIRE's unique router will enable our users to execute their trades on #Milkomeda at the best possible priceWith so many incredible #DEX platforms available on Milkomeda and #Cardano, DeFIRE has never been more neededWe are bringing the FIRE, and making trading easy! https://t.co/VecKD5WmmC
#DeFi
$ADA
DeFIRE_Fi
Jun 14, 2022
New vote for new and sustainable times ⚔️ Towards sustainable growth to push the @Milkomeda_com ecosystem 🚀 Read more 👇 https://t.co/3jZT24kglO Vote here https://t.co/r9gsmnR9E1
#Layer2
realmilkyswap
Jun 4, 2022
While working on upcoming Partnerships and our Phase 2 roadmap products we are happy to announce the finished 🥳 Audit Report by @peckshield 🥳https://t.co/AYD4J5q7go#audity #milkomeda #cardano #milkydex $MID https://t.co/KeZUnhyAki
#Layer1
milky_dex
May 26, 2022
Get ready for more use cases and products as we are positioning @milky_dex to become a leading DeFi platform on @Milkomeda_com https://t.co/li3T4pVchJ
#DeFi
milky_dex
Apr 28, 2022
Hello there ☺️ Thank you for giving 🥛 some attention🙏 $MID @Milkomeda_com
milky_dex
Apr 24, 2022
🥛Our Faucet is Live🥛The faucet will be filled up daily to help new users joining @Milkomeda_com for a seamless DeFi start. Bridge your assets over via @MultichainOrg @CelerNetwork @nomadxyz_ and start your journey here 👇https://t.co/88bPK0ZauiSee you soon😎$MID https://t.co/oAXicghw0F
#DeFi
milky_dex
Apr 22, 2022
Less than 12h since launch, and we're approaching $5M in TVL.Got some free coins on @Milkomeda_com ? Join our $MID farms at: https://t.co/tiF3ux065A 👈PS: The screenshot has not been photoshopped %_% https://t.co/eGq8zjcvVS
#DeFi
milky_dex
Apr 22, 2022
👉Less than 2 hours after launch👉more than $2m TVLThere is still much room to grow!#milkomeda #cardano #milkydex $MID https://t.co/naktSMtDB9
#DeFi
milky_dex
Apr 21, 2022
⏳Less than 1 hour until farms launch⏳https://t.co/zmPJiXFut5#milkomeda #cardano #milkydex $MID https://t.co/M2cvPGxYbX
#DeFi
milky_dex
Apr 21, 2022
We're thrilled to work with @peckshield on auditing MilkyDEX smart contracts 🥛🔒#audity #milkomeda #cardano #milkydex $MID https://t.co/Cc34AzSvqO
#DeFi
milky_dex
Apr 21, 2022
Amazing to see so many new community members joining our Discord today. Tomorrow is our launch day! GN Fam. $MID #Milkomeda https://t.co/zUXPtHKT0I
milky_dex
Apr 20, 2022
BTC:$117,868+0.17%ETH:$3,579.67+1.49%ssiMAG7:$25.4+1.23%ssiMeme:$22.11+3.50%
SOL:$176.610%DOGE:$0.24115+3.46%TRX:$0.3173-1.98%ADA:$0.8268+2.36%
XLM:$0.4618+1.85%SUI:$3.8264+2.25%LINK:$18.31+3.92%HBAR:$0.26717+5.26%
22:40UK Home Office working towards sale of $7 billion seized BTC stockpile: The Telegraph
22:16US Lawmaker sounds alarm on GENIUS bill, says it's a CBDC Trojan Horse
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
Hi, I'm your crypto AI assistant Socatis. Ask me anything about crypto.
sha512-gmb+mMXJiXiv+eWvJ2SAkPYdcx2jn05V/UFSemmQN07Xzi5pn0QhnS09TkRj2IZm/UnUmYV4tRTVwvHiHwY2BQ==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==