Morpho Suspends MORPHO's OFT Cross-Chain Bridge on Arbitrum While Investigating RsETH Incident
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Source: moomoo
Morpheo Announcement: Morpheo has announced the suspension of the MORPHO token's OFT cross-chain bridge on Arbitrum following the Kelpie DAO and Layer Zero incident.
Suspension Details: The cross-chain functionality on Arbitrum will remain suspended until the root cause of the recent rSETH incident is fully understood.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
