Like most bridges, Multichain uses a mint-and-lock mechanism to move assets between the 92 blockchains it interacts with. For example, if a holder of USDC stablecoin bridges the asset from Ethereum to Fantom via Multichain, the token gets locked up in a smart contract on Ethereum and then issued anew on Fantom – in this case, as a “wrapped” token called anyUSDC.
Bitcoin’s Most-Cited Bear Market Indicator Hasn’t Triggered Yet.
Bitcoin’s Most-Cited Bear Market Indicator Hasn’t Triggered Yet. The One Most People Watch Already Has. The Difference Matters.Two different signals,...
