Tagged: multichain

July 14, 2023 @ 9:21 am By Omar Faridi  |  

On May 21, 2023, Multichain CEO Zhaojun was taken away by the Chinese police from his home and has been out of contact with the global Multichain team ever since. As noted via social media, the team claims they contacted the MPC node operators and… Read More

July 13, 2023 @ 9:10 am By Omar Faridi  |  

The Multichain hack could potentially be a “rug pull,” as an additional $103 million in funds were recently drained. Multichain, which is described as a cross-chain bridge protocol, reportedly saw another $103 million transferred to other blockchain addresses. This, according to security company Beosin. This… Read More

July 10, 2023 @ 11:44 am By JD Alois  |  

Blockchain security firm CyVers is claiming first in uncovering the Multichain mega hack that saw over $126 million pilfered from the protocol. As was previously reported, Multichain halted its network on the hack just a month after the entity’s CEO disappeared. Cyvers said its AI-driven service… Read More

July 9, 2023 @ 12:55 pm By Omar Faridi  |  

Multichain has reportedly halted its network on a suspected $130 million hack, a move that has come just a month after the initiative’s CEO disappeared. The Multichain service stopped currently, and all bridge transactions will be stuck on the source chains. There is no confirmed… Read More

May 24, 2022 @ 6:41 pm By Omar Faridi  |  

ShareRing, a digital identity blockchain/DLT ecosystem enabling seamless access through a suite of L2 iD protocols, has announced the launch of a Multichain bridge (BEP20 to ERC-20 tokens transfer now live). ShareToken is currently available via Binance Chain, BNB Smart Chain, Ethereum, and ShareLedger. ShareLedger… Read More