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