Dfinity’s Internet Computer has launched a cross-chain bridge connecting it to the Ethereum network, allowing ERC-20 tokens to exist natively on its network. Internet Computer is a blockchain built by the Dfinity Foundation to facilitate a “decentralized layer of web infrastructure.”
The total value locked in decentralized applications built on top of the Terra ecosystem has now surpassed $21 billion, making it the second-largest decentralized finance ecosystem behind only Ethereum, which has over $160 billion in total value locked.
Turkey’s President Recep Tayyip Erdoğan is reportedly set to send parliament the country’s draft crypto bill. While Erdoğan hasn’t revealed much about the bill, in September he said the government has “absolutely no intention of embracing cryptocurrencies.”
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Top stories in the Crypto Roundup today:
- Dfinity’s Internet Computer Launches Ethereum Bridge
- Terra Becomes Second-Largest DeFi Network With $21 Billion in TVL
- Turkey’s President to Send Crypto Law to Parliament
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