multichain

Recently hacked multichain router protocol Multichain has announced it will shut down operations, citing a lack of funds and operational information about its CEO Zhaojun, who is in Chinese police custody. The latest…

Involved Share on Twitter Post on LinkedIn Share on Telegram Copy link The link has been copied Geist Finance decided not to reopen it after Multichain confirmed that the funds…

Multichain has now warned that due to the exploit, it will suspend all transactions in the source chains until further notice. The open source Multichain Router (MULTI) protocol has confirmed an exploit in its protocol affecting $130…

Involved Share on Twitter Post on LinkedIn Share on Telegram Copy link The link has been copied Tether Holdings, the USDT stablecoin issuer, has frozen two addresses on the…

Circle, the official issuer of USDC, the second largest stablecoin by supply allocation, has frozen $63 million in the Multichain hack. Etherscan data compiled on July 7 Offers that the stablecoin issuer froze $27.65 million, $30.1…

Involved Share on Twitter Post on LinkedIn Share on Telegram Copy link The link has been copied After detecting significant token traffic from Multichain Bridging Networks to an…

Abnormally large outflows from the MPC Multichain Bridge platform on July 6 raised concerns that an exploit might occur. More than $102 million in cryptocurrency has been withdrawn from the Multichain Fantom Bridge on the Ethereum side, as…

Binance, the world's largest cryptocurrency exchange, has announced that it will stop supporting deposits and withdrawals for a range of multi-currency tokens as of July 7, 2023. On May 25th, Binance suspended…

Rumors of the Multichain Team's arrest sent shockwaves throughout the Fantom ecosystem. Despite the $129 million trading volume, Fear, Uncertainty and Doubt (FUD) led to a 5x increase in daily bridging volumes. However, upon closer…

Involved Share on Twitter Post on LinkedIn Share on Telegram Copy link Link copied In response to a series of transaction issues that have raised concerns regarding the…