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Bookmarking Crypto InsightsMon, 24 Jul 2023 22:35:04 +0000en-US
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3232Connext, Alchemix launch cross-chain token standard to reduce bridge exploit losses
https://www.digit.info/connext-alchemix-launch-cross-chain-token-standard-to-reduce-bridge-exploit-losses/
Mon, 24 Jul 2023 22:35:04 +0000https://www.digit.info/2023/07/24/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.