​​Multichain (MULTI) has suffered an exploit that led to a ~$1 | CryptoDep - IEO & ICO (StandWithUkraine🇺🇦)

​​Multichain (MULTI) has suffered an exploit that led to a ~$127M theft of user-supplied tokens

Multichain has been reportedly hacked with a total outflow of around $130M worth of different tokens across its bridges on blockchain networks Fantom, Moonriver, and Dogechain. According to an on-chain analytics firm Lookonchain, $62M worth of $USDC, $31M in $wBTC, and $13M in $wETH made up the largest stolen amounts.

coindesk.com/tech/2023/07/07/multichain-team-confirms-exploit-across-fantom-moonriver-and-dogechain-bridges

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