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Axelar Network Calls for Strengthening Multi-Layer Security Protections for Cross-Chain Bridges

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ME News Report, April 19 (UTC+8), Axelar Network issued a statement noting that hacker attacks and fund theft incidents weaken users' trust in blockchain systems and impact the global adoption of ledgers. Axelar supports the LayerZero team in facing challenges and rebuilding trust. Regarding the approximately $290 million attack incident, Axelar emphasizes the need to build a multi-layered secure cross-chain bridge before the final forensic results are released. Specific measures include ensuring operational security for bridge operators, validators, and validation nodes, providing proper incentives and training, removing validators without technical capabilities, and ensuring that the number of operators is sufficient, structurally diverse, and geographically dispersed to prevent control by a single entity. (Source: MLion)
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