$126M in Multichain Funds ‘Abnormally’ Moved to Unknown Address, Says Troubled Bridging Project
Cross-chain bridge Multichain has reportedly lost crypto assets worth $126 million after being locked since May. The bridge has $1.25 billion in total liquidity for facilitating cross-chain transfers, per DeFiLlama. The team confirmed the exploit this morning in a tweet that assets locked were…
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