Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
The two protocols will implement a standard for issuers to control the “canonical” minting of tokens, helping to reduce losses from unofficial bridges.
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The two protocols will implement a standard for issuers to control the “canonical” minting of tokens, helping to reduce losses from unofficial bridges.
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This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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