Multichain Losses Reportedly Exceed USD 3M As Critical Vulnerability Remains Unsolved - Aliens: AI Crypto News & Markets Updates

Multichain Losses Reportedly Exceed USD 3M As Critical Vulnerability Remains Unsolved

Thu, Jan 20, 2022

Aliens TLDR

Losses of the cross-chain router protocol (CRP) Multichain have reportedly exceeded USD 3m as the protocol is still prone to additional hacks and exploitation.

On Tuesday, Multichain tweeted that hackers have managed to siphon WETH 445 (USD 1.4m) from users.

"I can’t be the only one who’s incredibly confused by MultichainOrg’s messaging here," tweeted ChainLinkGod.eth 2.0, a commentator and podcaster -- including screenshots of Multichain's posts that claimed that "funds were safe and unsafe at the same time." ____ Learn more: - Crypto Security in 2022: Prepare for More DeFi Hacks, Exchange Outages, and Noob Mistakes - Top Risks for DeFi Users and Investors According to Moody's and Gauntlet - Centralization Caused Most Decentralized Finance Hacks in 2021 - Santa Hackathon?

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