MultiChain

(fikry anshor/Unsplash, modified by CoinDesk)
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.
(fikry anshor/Unsplash, modified by CoinDesk)

Multichain-linked wallet sells over $4 million of altcoins (Towfiqu Barbhuiya/Unsplash)
'Suspicious' Multichain Wallet Dumps $1.8M of WOO Network Tokens; Price Drops 8%
The wallet is actively selling CRV and YFI tokens on Uniswap.
Multichain-linked wallet sells over $4 million of altcoins (Towfiqu Barbhuiya/Unsplash)

(Shutterstock)
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.
(Shutterstock)

Hector Network suffered major losses this month. (H. Armstrong Roberts/ClassicStock/Getty Images)
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.
Hector Network suffered major losses this month. (H. Armstrong Roberts/ClassicStock/Getty Images)

Store sign saying "Sorry we're closed"
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."
Store sign saying "Sorry we're closed"

Multichain's 'Mysterious Withdrawals' Suggest Major Hack or Rug Pull: Chainalysis
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 Chainalys...
Multichain's 'Mysterious Withdrawals' Suggest Major Hack or Rug Pull: Chainalysis

Multichain Bridges Exploited for Nearly $130M Across Fantom, Moonriver and Dogechain
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 p...
Multichain Bridges Exploited for Nearly $130M Across Fantom, Moonriver and Dogechain

Cross-chain router Multichain developers confirm $130M exploit (Clint Patterson/Unsplash)
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.
Cross-chain router Multichain developers confirm $130M exploit (Clint Patterson/Unsplash)

Bridge (Unsplash modified by CoinDesk)
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.
Bridge (Unsplash modified by CoinDesk)

Bridge (Alex Azabache/Unsplash)
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 bridge...
Bridge (Alex Azabache/Unsplash)