Multichain MPC bridge saw more than $100 million in outflows, raising concerns about abuse

Abnormally high outflows from the bridge’s Multichain MPC platform on July 6 raised concerns that it could be misused. More than $102 million in cryptocurrency was withdrawn from Multichain’s Fantom bridge on the Ethereum side, as well as $666,000 from Dogechain and $5 million from Moonriver. Multichain probably hacked. Terminate all multichain assets. Good idea […]