The post Ethena’s Strategic Hold on Bridge Activity Sparks Industry Attention appeared on BitcoinEthereumNews.com. Ethena has prolonged its halt on operations ofThe post Ethena’s Strategic Hold on Bridge Activity Sparks Industry Attention appeared on BitcoinEthereumNews.com. Ethena has prolonged its halt on operations of

Ethena’s Strategic Hold on Bridge Activity Sparks Industry Attention

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Ethena has prolonged its halt on operations of its LayerZero OFT bridge following a vulnerability incident involving rsETH, a liquid staking token aligned with Ethereum. Although Ethena has no direct exposure to the problematic asset, the measure is a precautionary step to safeguard its system and its users.

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Source: https://en.bitcoinhaber.net/ethenas-strategic-hold-on-bridge-activity-sparks-industry-attention

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