Is Oasis joining the wormhole network?

“Oasis joins the Wormhole network at an exciting time as it announces the injection of $160M to kickstart the growth of its DeFi and Metaverse ecosystem,” said Hendrik Hofstadt, Director Special Projects at Jump Crypto and former co-founder of Certus One, the lead contributor to Wormhole.

What happened to wormhole?

Photo by screengrab / Wormhole LONDON — The cryptocurrency arm of Jump Trading said on Thursday it had restored more than $320 million to crypto platform Wormhole after the decentralized finance site was hit with one of the largest crypto heists on record. This advertisement has not loaded yet, but your article continues below.

What is the wormhole network?

The Wormhole Network is a generic message-passing protocol connecting high-value blockchains together, with applications leveraging the messaging layer to facilitate interoperability between ecosystems.

Is Oasis the right choice for Defi?

“Oasis is the leading privacy-enabled and scalable layer-1 blockchain, ideal for DeFi, and the integration with Wormhole will significantly enable us to power more DeFi applications and use cases,” said Jernej Kos, Director of the Oasis Foundation.