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Connext founder proposes ‘Sovereign Bridged Token’ standard after Multichain incident

The proposal was co-authored by Arjun Bhuptani, founder of the Connext bridging protocol. In a July 7 social media post, Bhuptani claimed the protocol would help prevent issues like the July 6 Multichain incident, which some experts have described as a hack.

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Source: Cryptocurrency - investing.com

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