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connext – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Fri, 27 Oct 2023 20:15:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png connext – DIGIT INFO https://www.digit.info 32 32 9 protocols criticize LayerZero’s ‘wstETH’ token, claiming it’s ‘proprietary’ https://www.digit.info/9-protocols-criticize-layerzeros-wsteth-token-claiming-its-proprietary/ Fri, 27 Oct 2023 20:15:07 +0000 https://www.digit.info/2023/10/27/9-protocols-criticize-layerzeros-wsteth-token-claiming-its-proprietary/

Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer, and Router issued a joint statement criticizing the new token.

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Connext, 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 +0000 https://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.

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Connext founder proposes ‘Sovereign Bridged Token’ standard after Multichain incident https://www.digit.info/connext-founder-proposes-sovereign-bridged-token-standard-after-multichain-incident/ Mon, 10 Jul 2023 19:50:00 +0000 https://www.digit.info/2023/07/10/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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