Reaction thread #25186
Connext, Alchemix launch cross-chain token standard to reduce bridge exploit lossesThe two protocols will implement a standard for issuers to control the "canonical" minting of tokens, helping to reduce losses from unofficial bridges.
Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
cointelegraph.comBridged tokens have faced greater scrutiny recently after over $100 million was lost in the Multichain exploit.