Frax Finance, a decentralized stablecoin protocol, said its assets and user and protocol funds remained safe after LayerZero, a cross-chain messaging protocol, paused selected routes as a precaution.
Frax also said its smart contracts were unaffected. LayerZero provides messaging between blockchain networks.
Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to [email protected].
Frax Finance, a decentralized stablecoin protocol, said its assets and user and protocol funds remained safe after LayerZero, a cross-chain messaging protocol, paused selected routes as a precaution.
Frax also said its smart contracts were unaffected. LayerZero provides messaging between blockchain networks.
Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to [email protected].
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