Orbs Joins Forces With Axelar Network to Offer Cross-Chain Token Swaps

Orbs Joins Forces With Axelar Network to Offer Cross-Chain Token Swaps

Orbs, a Layer-3 infrastructure network for decentralized applications,  has teamed up with Axelar Network to provide users an easy and secure option to bridge their ORBS tokens to other popular blockchains like Ethereum and BNB Chain.
Previously, ORBS tokens could be bridged on other networks thanks to the Multichain cross-chain protocol. However, after “unusual activity” caused over $126 million in funds to be removed from its wallets, Multichain stated in June that the company had been forced to halt operations. While the circumstances leading up to Multichain’s fall are a mystery, the Orbs team has been hard at work looking for a solid replacement that would enable users to reliably bridge their ORBS tokens.
Orbs swiftly developed the requirements for a new bridge provider for the community, requiring it to identify a reliable project that supports ORBS across all formerly supported chains and offers the best possible degree of security.
With this criterion in mind, Or

Czytaj więcej

We współpracy z: https://thenewscrypto.com/orbs-joins-forces-with-axelar-network-to-offer-cross-chain-token-swaps/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy