The post Base–Solana Bridge Goes Live with Chainlink CCIP, Unlocking Massive Cross-Chain Liquidity appeared on BitcoinEthereumNews.com. Key Takeaways: The Base–Solana Bridge is now live on mainnet, secured jointly by Chainlink CCIP and Coinbase. Users and developers can transfer SOL and SPL tokens to Base apps, enabling unified liquidity across both ecosystems. The launch marks one of the most significant cross-chain expansions for Base, strengthening its position as a hub for multichain Web3 activity. The long-anticipated Base–Solana Bridge has officially launched, creating one of the most consequential cross-chain integrations this year. With Chainlink’s CCIP securing message validation and Coinbase providing additional verification, the new bridge enables seamless movement of assets between two of the fastest-growing ecosystems in crypto. Below is a detailed breakdown of what this integration unlocks and why it matters for developers, traders, and the broader Web3 economy. A New Phase of Interoperability Between Base and Solana The launch of the Base–Solana Bridge marks a major milestone in the push toward a more open, interconnected blockchain landscape. For the first time, both ecosystems share unified liquidity, enabling native Solana assets including SOL and popular SPL tokens to be used within Base applications. Read More: Base Now Considering Developing a Network Token How the New Bridge Works The bridge is based on Cross-Chain Interoperability Protocol (CCIP), which is an authentication of messages between Base and Solana. Chainlink node operators and Coinbase respectively authenticate every transfer, forming a two-layer security design. Security Architecture CCIP’s decentralized oracle network ensures the onchain messages are delivered accurately. Coinbase’s verification layer adds a second independent check, reducing the risk of exploits. Purpose-built cross-chain oracle supports high-throughput message delivery required for Solana. The design greatly minimizes the risk of single-point-of-failure that has afflicted most of the cross-chain bridges, which traditionally were one of the most exploited entities in the crypto ecosystem. What the Bridge Unlocks for Users and Developers If interoperability is… The post Base–Solana Bridge Goes Live with Chainlink CCIP, Unlocking Massive Cross-Chain Liquidity appeared on BitcoinEthereumNews.com. Key Takeaways: The Base–Solana Bridge is now live on mainnet, secured jointly by Chainlink CCIP and Coinbase. Users and developers can transfer SOL and SPL tokens to Base apps, enabling unified liquidity across both ecosystems. The launch marks one of the most significant cross-chain expansions for Base, strengthening its position as a hub for multichain Web3 activity. The long-anticipated Base–Solana Bridge has officially launched, creating one of the most consequential cross-chain integrations this year. With Chainlink’s CCIP securing message validation and Coinbase providing additional verification, the new bridge enables seamless movement of assets between two of the fastest-growing ecosystems in crypto. Below is a detailed breakdown of what this integration unlocks and why it matters for developers, traders, and the broader Web3 economy. A New Phase of Interoperability Between Base and Solana The launch of the Base–Solana Bridge marks a major milestone in the push toward a more open, interconnected blockchain landscape. For the first time, both ecosystems share unified liquidity, enabling native Solana assets including SOL and popular SPL tokens to be used within Base applications. Read More: Base Now Considering Developing a Network Token How the New Bridge Works The bridge is based on Cross-Chain Interoperability Protocol (CCIP), which is an authentication of messages between Base and Solana. Chainlink node operators and Coinbase respectively authenticate every transfer, forming a two-layer security design. Security Architecture CCIP’s decentralized oracle network ensures the onchain messages are delivered accurately. Coinbase’s verification layer adds a second independent check, reducing the risk of exploits. Purpose-built cross-chain oracle supports high-throughput message delivery required for Solana. The design greatly minimizes the risk of single-point-of-failure that has afflicted most of the cross-chain bridges, which traditionally were one of the most exploited entities in the crypto ecosystem. What the Bridge Unlocks for Users and Developers If interoperability is…

        Highlights:  US prosecutors requested a 12-year prison sentence for Do Kwon after the Terra collapse. Terraform’s $40 billion downfall caused huge losses and sparked a long downturn in crypto markets.  Do Kwon will face sentencing on December 11 and must give up $19 million in earnings.   US prosecutors have asked a judge to give Do Kwon, Terraform Labs co-founder, a 12-year prison sentence for his role in the remarkable $40 billion collapse of the Terra and Luna tokens. The request also seeks to finalize taking away Kwon’s criminal earnings.  The court filing came in New York’s Southern District on Thursday. This is about four months after Kwon admitted guilt on two charges: wire fraud and conspiracy to defraud. Prosecutors said Kwon caused more losses than Samuel Bankman-Fried, Alexander Mashinsky, and Karl Sebastian Greenwood combined.  U.S. prosecutors have asked a New York federal judge to sentence Terraform Labs co-founder Do Kwon to 12 years in prison, calling his role in the 2022 TerraUSD collapse a “colossal” fraud that triggered broader crypto-market failures, including the downfall of FTX. Sentencing is… — Wu Blockchain (@WuBlockchain) December 5, 2025  Terraform Collapse Shakes Crypto Market Authorities explained that Terraform’s collapse affected the entire crypto market. They said it helped trigger what is now called the ‘Crypto Winter.’ The filing stressed that Kwon’s conduct harmed many investors and the broader crypto world. On Thursday, prosecutors said Kwon must give up just over $19 million. They added that they will not ask for any additional restitution. They said: “The cost and time associated with calculating each investor-victim’s loss, determining whether the victim has already been compensated through the pending bankruptcy, and then paying out a percentage of the victim’s losses, will delay payment and diminish the amount of money ultimately paid to victims.” Authorities will sentence Do Kwon on December 11. They charged him in March 2023 with multiple crimes, including securities fraud, market manipulation, money laundering, and wire fraud. All connections are tied to his role at Terraform. After Terra fell in 2022, authorities lost track of Kwon until they arrested him in Montenegro on unrelated charges and sent him to the U.S. Do Kwon’s Legal Case and Sentencing In April last year, a jury ruled that both Terraform and Kwon committed civil fraud. They found the company and its co-founder misled investors about how the business operated and its finances. Jay Clayton, U.S. Attorney for the Southern District of New York, submitted the sentencing request in November.  TERRA STATEMENT: “We are very disappointed with the verdict, which we do not believe is supported by the evidence. We continue to maintain that the SEC does not have the legal authority to bring this case at all, and we are carefully weighing our options and next steps.” — Zack Guzmán  (@zGuz) April 5, 2024  The news of Kwon’s sentencing caused Terraform’s token, LUNA, to jump over 40% in one day, from $0.07 to $0.10. Still, this rise remains small compared to its all-time high of more than $19, which the ecosystem reached before collapsing in May 2022. In a November court filing, Do Kwon’s lawyers asked for a maximum five-year sentence. They argued for a shorter term partly because he could face up to 40 years in prison in South Korea, where prosecutors are also pursuing a case against him. The legal team added that even if Kwon serves time in the U.S., he would not be released freely. He would be moved from prison to an immigration detention center and then sent to Seoul to face pretrial detention for his South Korea charges.    eToro Platform    Best Crypto Exchange   Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users    9.9   Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.