Fantom Launches Recovery Plan For Funds Lost In Multichain’s $200M Exploit, FTM Soars

The Fantom (FTM) Foundation has taken decisive steps to recover assets lost in the Multichain exploit that devastated various chains, including its own, resulting in a staggering $210 million loss. After failed attempts to engage with the Multichain Foundation, the Protocol has announced that it filed a lawsuit for “breach of contract” and “fraudulent misrepresentations. дальше »

2024-3-6 01:30

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Multichain halts services after $126M exploit

Cross-chain protocol Multichain (MULTI) stopped services today after confirming the abnormal movements of funds from its MPC address. Blockchain security firm Peckshield reported that Multichain was exploited for $126 million, with the attacker moving funds from its  Fantom (FTM) and Moonriver (MOVR) bridge. дальше »

2023-7-7 12:37

Binance suspends support for 8 Multichain-bridged tokens amid cross-chain issues

Crypto exchange Binance will suspend support for eight Multichain-bridged (MULTI) tokens on July 7 till further notice because of the issues with some of the protocol’s cross-chain routes. In a July 5 update, Binance stated that its users would be unable to deposit or withdraw digital assets, including Travala, Alchemy Pay, Harvest Finance, Polkastarter, and […] The post Binance suspends support for 8 Multichain-bridged tokens amid cross-chain issues appeared first on CryptoSlate. дальше »

2023-7-5 15:20