‘IBC is a serious alternative for secure cross-chain communication,’ says Sunny Aggarwal of Osmosis
So far, Cosmos’ IBC seems to have stayed clear of troubled waters. On August 2, the Nomad Token Bridge became yet another victim of cross-chain hacking after the protocol suffered a $190 million exploit. Joining a list of casualties alongside Axie Infinity’s Ronin Bridge and Solana’s Wormhole, many industry experts have cast doubt on the…
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