The cross-chain ETH-wETH is supposed to have an exchange ratio of 1:1 against one another. Therefore, the unauthorized minting of wETH leads to significant inflation, which can quickly degrade confidence in the underlying bridge. After the latest “bailout” by Jump Crypto and a patch fix, however, things appear to be back to normal, with Wormhole developers tweeting:
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Source: Cryptocurrency - investing.com
