Morpho Pauses MORPHO OFT Cross-Chain Bridge on Arbitrum Following Kelp DAO and LayerZero Events

MORPHO-1.32%
ARB-3.62%

Gate News message, April 19 — Morpho Association has suspended the OFT cross-chain bridge for MORPHO tokens on Arbitrum as a precautionary measure following recent events involving Kelp DAO and LayerZero Bridge.

The Arbitrum cross-chain functionality will remain paused until the root cause of the rsETH incident is confirmed.

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