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REGULATION
by
2 years ago

Multichain Asks Users To Temporarily Stop Using Its Cross-Chain Bridges

2023-07-07

REGULATION
by
2 years ago


Multichain is being suspect of hacking after on July 6

 

$122 million were withdrew from Fantom’s bridge including

-       214 Wrapped Ether (WETH) tokens ($13.6 million). 
   Ethereum Transaction Hash (Txhash) Details | Etherscan

-      1,024 Wrapped Bitcoin (WBTC) ($31 million) 
   Ethereum Transaction Hash (Txhash) Details | Etherscan

-        $58 million USDC ($58 million)
   
Ethereum Transaction Hash (Txhash) Details | Etherscan
   Ethereum Transaction Hash (Txhash) Details | Etherscan

-        Around $20 million of the altcoins including DAI, LINK and USDT. 
   Multichain Suspicious Address 1 | Address 0x9d5765ae1c95c21d4cc3b1d5bba71bad3b012b68 | Etherscan

 

$666,000 from Dogecoin’s bridge

$5 million from Moonriver.

 

On Twitter, On July 7 Multichain asks users to temporarily stop using its cross-chain bridges.

“The Multichain service stopped currently, and all bridge transactions will be stuck on the source chains. There is no confirmed resume time. Please don’t use the Multichain bridging service now.

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