Cross-chain DeFi protocol EYWA has completed a $7 million seed round of financing. The round was led by Michael Egorov, founder of Curve Finance, with participation from Fenbushi Capital, GBV Capital, Big Brain Holdings, Marshland Capital, and Mulana Capital.

The cross-chain DEX aggregator THORSwap based on THORChain announced the integration of the cross-chain liquidity platform Chainflip. Through this integration, THORSwap users can access native Bitcoin, Ethereum, USDC (ERC20), FLIP (ERC20), and Polkadot (DOT) through new liquidity channels.

Cross-chain bridge protocol Orbiter Finance announced that it has now integrated Layer2 protocol ZKFair testnet, allowing users to experience transferring ETH & USDC to the ZKFair network.

Wormhole, a messaging protocol startup, has raised $225 million in funding at a $2.5 billion valuation, making it the largest round in the Web3 space this year. The funding round included investors such as Coinbase Ventures, Jump Trading, Multicoin Capital, and Arrington XRP Capital, with their stakes consisting of token warrants for a yet-to-be-unveiled cryptocurrency. The Wormhole team has also announced the launch of Wormhole Labs, an independent company focused on building products and tools to help grow cross-chain development. Despite a slow year for funding in the Web3 sector, this round is exceedingly large and demonstrates continued interest in blockchain technology.

The cross-chain bridge Across will release a new cross-protocol feature "Composable Cross-Chain", aimed at extending intent-based bridging design to the developer community. Ethereum Istanbul developers can experience it first and provide a $10,000 prize pool.

On November 16th, cross-chain trading platform Chainflip announced that its mainnet has been launched and is currently in idle state. The first batch of Genesis validators have started to connect and are waiting for the release of FLIP tokens. The FLIP token generation event (TGE) will take place on November 23rd at 12:00 UTC. According to Chainflip's plan, all end users will receive their tokens at approximately the same time. Until November 23rd, 2023 at 12:00 UTC, no one is allowed to send, trade, or distribute tokens.<br>In addition, Coinlist will be used for token distribution to community sale participants, while the Oxen Foundation will handle the distribution of SN operator airdrops. Chainflip Labs will distribute tokens directly to investors and their affiliated contracts, service providers, and other eligible individuals for FLIP, such as Soundcheck and SmoothOps participants.

On November 15th, cross-chain bridge Owlto Finance officially stated that over 30,000 on-chain addresses have deployed smart contracts through its one-click deployment on the Scroll network.

According to Whale Alert monitoring, 100,000,000 CRO (approximately $7,002,090) was transferred from an unknown wallet to Crypto.com.

According to Whale Alert monitoring, 100,000,000 CRO tokens (valued at 62.12 million USD) were transferred from an unknown wallet to Crypto.com.

LayerZero's interoperability protocol now allows for the transfer of wrapped stETH tokens (wstETH) from Lido Finance's liquid staking protocol across multiple chains, including Ethereum, Avalanche, BNB Chain, and Scroll. The integration of wstETH into LayerZero's omnichain fungible token standard (OFT) aims to mitigate risks associated with wrapped assets in cross-chain native token transfers. OFT uses a decentralized communication protocol to move tokens, rather than minting and burning wrapped tokens. This cross-chain interoperability of wstETH is expected to expand DeFi opportunities beyond Ethereum and into Avalanche, BNB, and Scroll. Lido Finance currently has the highest total value locked (TVL) among liquid staking protocols, with $15.85 billion locked in as of October 25th.