Multichain’s “mysterious selections” have a whiff of “carpet pull” – Chainalysis

According to blockchain security and analytics firm Chainalysis, the cross-chain bridge Multichain protocol exploit could have been worth many millions of dollars. “On July 6, 2023, the cross-chain bridge protocol Multichain experienced unusually large, unauthorized withdrawals in what appears to be an insider hack or carpet,” the firm wrote in a July 10 blog post. […]