Morpho suspends the MORPHO token OFT cross-chain bridge on Arbitrum

ME News update: On April 19 (UTC+8), Morpho recently stated that after recent incidents involving the Kelp DAO and the LayerZero Bridge, out of cautious consideration, the Morpho Association has paused the MORPHO token OFT cross-chain bridge service on the Arbitrum chain. Morpho further explained that Arbitrum’s cross-chain functionality will remain suspended until the specific cause behind the rsETH incident is identified. (Source: MLion)
MORPHO-4.31%
ARB-6.45%
ZRO-8.92%
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