Symbiotic Cracks Cross-Chain Code With Relay Launch—Just as Bridges Start Burning
Another ’blockchain interoperability solution’ enters the arena—this time with a fancy ’Relay’ label slapped on it. Symbiotic’s team swears this isn’t just another bridge waiting to get drained.
How it works (supposedly): The Relay acts as a neutral highway patrol for cross-chain transactions. No more wrapping, no more sketchy third-party custody. Just pure, unfiltered... trust in middleware?
The timing couldn’t be more ironic. As regulators finally wake up to bridge exploits (only $3 billion late), here comes another protocol promising ’secure’ asset jumps between chains. At least the VCs funding this get their liquidity faster—that’s real interoperability.