**News Flash: Uniswap Labs and Across Protocol Unveil ERC-7683 for Cross-Chain Trades**
Uniswap Labs and Across Protocol have teamed up to introduce ERC-7683, a proposed standard aimed at revolutionizing cross-chain trade execution. This initiative, shared in a recent X post by Uniswap Labs, seeks to create a unified framework for cross-chain intents, enhancing interoperability between decentralized networks.
**Key Highlights:**
- **Public Review:** The proposal is available for public review on the Ethereum Magicians forum, inviting feedback to refine the structure for better user experience and trade efficiency.
- **Vitalik Buterin's Support:** Ethereum co-founder Vitalik Buterin backs ERC-7683, describing it as "an open standard for marking cross-chain orders." He explained that the process involves secure transactions that lock coins on one blockchain and release them on another, incorporating advanced mechanisms like batching and Merkle proving.
- **Technical Details:** ERC-7683 introduces the CrossChainOrder struct code to streamline cross-chain order management and includes the ISettlementContract smart contract interface to boost efficiency.
**Buterin's Wallet Move:**
On Aug. 9, Buterin transferred 3000 Ether (ETH), worth over $8 million, to a new multisignature wallet. Speculation suggests this might be for a charitable donation, though this remains unconfirmed.
Stay tuned for more updates on this evolving story and its impact on the decentralized finance landscape.