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Security Cointelegraph

Multichain MPC bridge sees $100M+ outflows, sparking fears of exploit

Some Multichain contracts on Ethereum experienced withdrawals of more than half of their deposits, causing on-chain sleuths to fear an exploit is underway.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Multichain MPC bridge sees $100M+ outflows, sparking fears of exploit

Some Multichain contracts on Ethereum experienced withdrawals of more than half of their deposits, causing on-chain sleuths to fear an exploit is underway.

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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