Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
TechFlow reports that on April 19, Morpho announced it has proactively suspended the OFT cross-chain bridge for the MORPHO token on Arbitrum, following recent incidents involving Kelp DAO and the LayerZero Bridge. Morpho stated that the Arbitrum cross-chain functionality will remain suspended until the root cause of the rsETH incident is identified.
Morpho announced that, shortly after the recent incidents involving Kelp DAO and the LayerZero Bridge, the Morpho Association has proactively paused the OFT cross-chain bridge for the MORPHO token on Arbitrum. Morpho stated that the cross-chain functionality on Arbitrum will remain suspended until the root cause of the rsETH incident is identified.
Navigating Web3 tides with focused insights
