Multichain inside job? And SOL surges 80% in a month: Finance Redefined
The exploited Multichain bridge briefly opened on Nov. 1, and a trader managed to use this opportunity to buy debugged assets at a discount, allowing them to make more than $1.5 million in profits.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The exploited Multichain bridge briefly opened on Nov. 1, and a trader managed to use this opportunity to buy debugged assets at a discount, allowing them to make more than $1.5 million in profits.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Micron stock surges nearly 700% in a year, and now it’s on the blockchain too
Micron's stock surge and blockchain integration highlight the evolving intersection of traditional finance and digital assets, imp...
Bending Spoons lists on NASDAQ at $25.7B valuation as tokenized shares bridge crypto and traditional equity
Bending Spoons' IPO highlights the growing intersection of crypto and traditional finance, raising regulatory questions for tokeni...
Solana’s RWA market reaches $3.62B after $2B growth in six months
Solana's rapid RWA growth highlights its increasing competitiveness in blockchain finance, potentially reshaping asset management...
DTCC’s tokenization pilot launches this month with Russell 1000 stocks, ETFs, and Treasuries
The DTCC's tokenization pilot could revolutionize financial markets by enhancing liquidity, reducing risks, and enabling decentral...
Step Finance exploiter sells $21M in SOL, buys ETH and launders funds through Tornado Cash
The exploit highlights vulnerabilities in DeFi security, impacting investor trust and emphasizing the need for robust cross-chain...
Tokenized $COIN now available on Robinhood Chain as platform bridges equities and DeFi
The integration of tokenized equities on Robinhood Chain could revolutionize global trading by enabling 24/7 market access and new...