Morpho has temporarily halted the OFT cross-chain bridge for its MORPHO token on Arbitrum. This decision follows recent incidents involving Kelp DAO and the LayerZero Bridge. The Morpho Association stated that the suspension is a precautionary measure and will remain in place until the root cause of the rsETH incident is determined.
Morpho Suspends Arbitrum MORPHO OFT Cross-Chain Bridge
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