Tangem Wallet Cross-Chain Bridge Security: Risks When Moving Assets Across Multiple Blockchains
A user holding Bitcoin on one blockchain wants to access Ethereum decentralized applications without selling and rebuying. A bridge service wraps the Bitcoin as an ERC-20 token, allowing interaction with Ethereum’s ecosystem. The transaction appears straightforward: send from one chain, receive on another. But the moment assets move across blockchains, the custody model, settlement risk,…