07 Jul 202312:42
Project update
Multichain (MULTI) has been hacked with over $120M in assets stolen

Multichain (MULTI) has been hacked with over $120M in assets stolen

The on-chain data reveals that $102M were extracted from Multichain’s Fantom bridge including $58M in USDC, $31M in WBTC, and $13.6M in WETH. The wallet address of alleged exploiter currently holds more than $126M.