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Two DeFi giants just solved crypto's $9.3 billion scam problem - here's how

Reading time: 2 min • Jul 31, 2025, 12:52 PM (UTC)

Key Points

  • Ika's new mainnet offers a zero-trust solution for cross-cha...

While most of us were busy arguing about whether Bitcoin will hit $100K, two major DeFi players quietly delivered solutions to problems that have been draining billions from crypto wallets. July 2025 is ending with some actual good news for once.

Cross-Chain Drama Gets a Reality Check

Ika just launched its mainnet, and if you've ever lost sleep over bridge hacks, this might actually help you rest easier. Their zero-trust multiparty computation network on Sui blockchain basically tells traditional bridges to take a seat. Instead of relying on wrapped tokens (which have about as much secur...

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