Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses

The Connext cross-chain bridging protocol has announced a new token standard to reduce losses from bridge hacks. According to a July 24 announcement, the new “xERC-20” standard allows token issuers to maintain a list of official bridges and control how many tokens can be minted by each.

Total views

Submit your press release for only $99 and get your PR placement shown on our website to all our readers.

Get In Touch

Brown Street, Brooklyn New York 11829.

info[at]AssessCrypto.com

Follow Us

Copyright © 2021-2024 AssessCrypto All rights reserved.