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MultiChain
Fantom Seeks Money Back From Multichain’s $200M Exploit
The move aims to enable victims to “partially recover” assets lost in one of the biggest exploits in 2023.
'Suspicious' Multichain Wallet Dumps $1.8M of WOO Network Tokens; Price Drops 8%
The wallet is actively selling CRV and YFI tokens on Uniswap.
Crypto Hacks and Exploits Cost Traders $303M in July; Worst Month of 2023
Some $52 million of assets were siphoned from Curve Finance just this weekend.
Hector Network Votes to Liquidate $16M Treasury Following Multichain, Fantom Losses
The vote delivers a pyrrhic victory to activist investors who hounded the Fantom-based project with allegations of mismanagement.
Recently Exploited Crypto Bridge Shuts, Says China Detained CEO and His Sister
Multichain said it has been forced to take this action "due to lack of alternative sources of information and corresponding operational funds."
Multichain's 'Mysterious Withdrawals' Suggest Major Hack or Rug Pull: Chainalysis
Cross-chain router protocol Multichain has been exploited for nearly $130 million after an attacker siphoned capital out of numerous token bridges. A new report from Chainalysis suggests that the withdrawals could potentially point to a hack or rug pull by insiders. "The Hash" panel breaks down the latest developments.
Multichain Bridges Exploited for Nearly $130M Across Fantom, Moonriver and Dogechain
Cross-chain router protocol Multichain has been exploited for nearly $130 million after an attacker siphoned capital out of numerous token bridges. Multichain has been under pressure for over a month because of failing tech and its AWOL CEO. "The Hash" panel weighs in on the latest developments.
Exploit of Fantom, Moonriver and Dogechain Crypto Bridges Confirmed by Multichain Team
“It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain,” developers said early Friday.
Multichain Bridges Exploited for Nearly $130M Across Fantom, Moonriver and Dogechain
Multichain developers told users to revoke smart contract approvals after locked funds had been moved to an unknown address abnormally.
As Multichain Wobbles, Some Fantom-Based DeFi Projects Flee Bridged Tokens
The actions showcase how Multichain’s faltering infrastructure and AWOL CEO are sending shockwaves through Fantom, the blockchain most heavily dependent on Multichain’s bridges.
