Alchemix further launched a cross-chain token standard to reduce losses from bridge abuse

The Connext cross-bridging protocol has he announced a new token standard to reduce losses from bridge hacking. 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 each can mint. In addition to Connext, decentralized finance (DeFi) platform Alchemix Finance […]