On-chain data revealed a significant outflow of $103 million worth of crypto assets from the Multichain bridge on Monday.
Note: For locking you also will need to factor in a 2% Protocol Fee
If you elect to lock your ACS tokens with The Block, you acknowledge and agree that you will be subject to the terms and conditions of your third party digital wallet provider, any applicable terms and conditions of the Access Foundation, and any applicable terms and conditions ofshall have no responsibility or liability in connection to the provision, access, use, locking, security, integrity, value or legal status of your ACS Tokens or your digital wallet, including any losses associated with...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Circle, Tether freezes over $65M in assets transferred from MultichainOver $65 million in assets tied to the cross-chain router protocol Multichain have been frozen by stablecoin issuers Circle and Tether.
Read more »
Multichain Bridge Drained of Over $100M, Team Investigating Potential Exploit | CoinMarketCapCryptoNews: The Multichain MPC bridge platform has experienced unusually big outflows, raising concerns of a possible exploit worth over $100 million. 👀
Read more »
Connext founder proposes ‘Sovereign Bridged Token’ standard after Multichain incidentThe proposal is intended to limit losses from events like the Multichain incident, where more than $100 million in unexplained withdrawals occurred.
Read more »
Twitter Phishing Scams Users After Multichain Hack | CoinMarketCapCryptoNews: Scammers have started spreading a phishing link on Twitter, falsely linking it to the recent Multichain hack. 🥸
Read more »
Multichain's ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis'Mysterious withdrawals' and potentially compromised administrator keys at Multichain could signal an internal rug pull, according to analytics firm chainalysis.
Read more »
China expands CBDC’s tentacles, Malaysia is HK’s new crypto rival: Asia ExpressChinese president Xi Jinping urges SCO member nations to cooperate on CBDCs, Malaysia attracts projects as Hong Kong crypto exchange licensing costs surge past HK$100M, and more in Asia Express.
Read more »