Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses Post author:MiamiCrypto Post published:July 24, 2023 Post category:Alchemix / bridge hacks / connext / Cross-chain / exploits The two protocols will implement a standard for issuers to control the “canonical” minting of tokens, helping to reduce losses from unofficial bridges. You Might Also Like Wormhole Releases Solana and Ethereum NFT Bridge — A Bi-Directional Highway for Blockchain Collectibles September 23, 2021 46% of crypto lost from exploits is due to traditional Web2 flaws – Immunefi November 15, 2023 FBI Warns About Decentralized Finance Exploits and the Losses Associated With Them August 31, 2022
Wormhole Releases Solana and Ethereum NFT Bridge — A Bi-Directional Highway for Blockchain Collectibles September 23, 2021