Frax Assets Remain Unaffected Amid LayerZero’s Cross-Chain
Photo: Coinfomania
Frax news: LayerZero pauses cross-chain routes after op-reth incident. Users' assets remain safe — here's why it matters. Frax Finance has addressed the recent op-reth incident, confirming that its assets and smart contracts remain unaffected. The protocol emphasized that all user and protocol funds are secure, providing reassurance in a turbulent environment. As a precautionary measure, LayerZero has temporarily paused certain cross-chain routes, which are expected to resume shortly. This incident highlights the ongoing need for vigilance in the crypto space. The crypto market is currently experiencing mixed signals, with various assets showing different momentum.
Source: Coinfomania
