Big news from Chainflip! The market maker is rolling out a new upgrade to block illicit funds within its protocol, specifically targeting those from the recent Bybit hack. 💰🔒 As one of the largest decentralized cross-chain services, Chainflip is committed to protecting liquidity providers from excessive risk. After detecting suspicious flows on Feb. 22, they swiftly cut off access to their main interface. This upgrade will enhance broker-level screening tools, allowing the rejection of high-risk transactions for BTC, Ethereum, and all ERC20 tokens. Chainflip aims to make its platform unattractive to criminals looking to launder stolen assets. What are your thoughts on these measures to combat crypto crime? Let’s discuss!