Hashport Expands Integration with GCoin and Bonzo Finance

🌉 Bridges Just Got Cooler

By Hashport
Dec 30, 2024, 3:52 PM
twitter
News article
Photo by Hashport

Hashport has expanded its cross-chain capabilities with two notable integrations:

  • Successfully integrated Gilmore Estates' GCoin ($GC) in December 2024
  • Supporting Bonzo Finance, Hedera's new lending protocol, by enabling asset migration from popular EVM networks

Key Benefits:

  • Users can now port GCoin across supported networks
  • Access to competitive lending rates on Bonzo Finance
  • Seamless asset migration from EVM-compatible blockchains to Hedera

Integration enables broader DeFi participation and enhanced liquidity across networks.​

Sources
Read more about Hashport

⏰ Hashport Shutdown: 6 Weeks Left to Rescue Wrapped Assets

**Hashport, the Hedera network bridge, is shutting down on May 31, 2026 at 12:00 UTC** - leaving users just 6 weeks to act. **Critical Action Required:** - Check ALL wallets (including cold storage) for wrapped assets like WETH[hts] and USDC[hts] - Even small token balances must be "unported" back to native chains (Ethereum, Polygon, etc.) - After May 31, there will be **no automated way** to reclaim your native tokens **Important Notes:** - Original token issuers (Circle, WETH) are NOT handling redemptions - only hashport can process them - SaucerSwap liquidity providers must withdraw wrapped assets from pools first - Wrapped assets will lose their redemption path and value if not moved before deadline **Resources:** - Unport assets: [app.hashport.network](https://app.hashport.network/) - Full token list: [hashport.network/token-list](https://www.hashport.network/token-list/) - Complete guide: [Medium announcement](https://hashport-network.medium.com/the-final-chapter-hashport-to-wind-down-operations-on-may-31-2026-12-00-utc-c2e0aa335c46) *Don't wait - take 5 minutes this weekend to secure your bridged assets.*

Hedera Builds Trustless Digital Identity Infrastructure for Cross-Chain Future

**Hedera is developing core infrastructure for trustless digital identity** as blockchain ecosystems become increasingly interconnected. The network is positioning itself to address a critical need: **verifiable identity across multiple chains**. As users and digital assets move between different blockchain networks, establishing trusted identity becomes essential for security and functionality. **Key developments:** - Hedera assembling digital identity primitives - Focus on cross-chain compatibility - Integration with existing bridge infrastructure [Hashport](http://app.hashport.network) serves as the connecting bridge, enabling asset movement between networks while supporting this emerging identity layer. The timing aligns with growing demand for **seamless cross-chain experiences** without compromising security or user verification standards. *This infrastructure could become foundational as Web3 moves toward true interoperability.*

Hedera and DOVU Partner to Enhance Carbon Credit Transparency

**Hedera** and **DOVU** have launched a new initiative to improve carbon credit tracking and transparency through blockchain technology. Key developments: - DOVU's carbon credits now fully traceable on Hedera network - Enhanced verification system for environmental impact - Integration with existing sustainability frameworks This collaboration marks a significant step toward bringing greater accountability to carbon offset markets. The system allows for real-time tracking and verification of carbon credits, helping organizations better manage their environmental commitments. *Want to learn more about carbon credit tokenization?* Visit Hedera's documentation portal.

DeFi