Sonic Labs has launched Sonic Gateway, which allows users to bridge assets from Ethereum to Sonic
On December 25th, Sonic Labs (formerly Fantom), a Layer1 blockchain project, has launched Sonic Gateway, which supports bridging USDC, EURC, and WETH from Ethereum to Sonic. Sonic Labs stated that they are working with the global developer community to enhance the security of the Gateway by offering bug bounties on Immunefi. They will provide a $2 million reward, which will be distributed to Gateway and Sonic chain.
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