Recent crypto hacks have highlighted security flaws in cross-chain bridges, prompting the exploration of new methods for achieving interoperability. The Hemi Network, founded by Jeff Garzik, a core Bitcoin developer, has introduced a unique feature called 'tunneling' to connect the Bitcoin and Ethereum blockchains. Unlike traditional bridges, tunneling creates a secure environment for both networks to coexist, eliminating potential attack vectors. The Hemi protocol ensures full security inheritance from Bitcoin, enabling safe cross-network interactions. The Hemi Virtual Machine (HVM) facilitates the development of secure Bitcoin interoperability technology, enhancing transaction processing efficiency while maintaining security. Users can transfer assets between Bitcoin and Ethereum through Hemi, expanding secure asset tokenization to the Ethereum ecosystem. Ethereum co-founder Vitalik Buterin also expressed optimism about solving cross-chain interoperability issues. Additionally, the 1inch network recently launched 'Fusion+,' a cross-chain swap solution combining off-chain and on-chain liquidity for efficient swaps. Read more AI-generated news on: https://app.chaingpt.org/news