Whitehat Hacker reportedly returns 259 ETH in the Multichain attack
Following the Multichain hack, the cross-chain protocol reported an update stating that a whitehat hacker returned 259 ETH. Users of the cross-chain protocol have expressed their dissatisfaction with the platform’s response to an unsolved security issue that surfaced earlier in the week. However, Multichain later claimed that one whitehat hacker had returned 259 ETH worth […]
Users attack Multichain over security vulnerability leading to losses of over $3M
Cross-chain router protocol (CRP) Multichain, on January 17th first discovered a security breach on its network. However, hackers have continued to take advantage of the weakness in the chain with users having lost over $3M. Multichain asked users to rescind permissions for six tokens earlier this week to protect their funds from fraudulent persons . […]
Cross-chain protocol Multichain raises $60M in a seed funding round led by Binance Labs
Multichain, a cross-chain protocol has raised $60 million in a seed funding round led by Binance Labs, the venture capital arm of the Binance cryptocurrency exchange. The round saw some other investors in the crypto space in attendance. Multichain, which changed its name from Anyswap last week, has raised $60 million in a seed round […]