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Connext founder proposes ‘Sovereign Bridged Token’ standard after Multichain incident

EIP-7281 will allow token issuers to list official bridges and limit the rate at which they can mint tokens, potentially limiting losses from bridge hacks.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Connext founder proposes ‘Sovereign Bridged Token’ standard after Multichain incident

EIP-7281 will allow token issuers to list official bridges and limit the rate at which they can mint tokens, potentially limiting losses from bridge hacks.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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