Multichain Bridges Experience Unannounced Outflows of Over $130M in Crypto

With information hard to come by, some crypto projects began informing their communities Thursday that they were unaffected by the “potential exploit” of Multichain. “As of right now, Abracadabra is not affected by the possible Multichain exploit, we are investigating with the involved parties to learn more,” the team behind Magic Internet Money stablecoin wrote in the project Discord.

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• Source: https://www.coindesk.com/business/2023/07/06/multichain-bridges-experience-unannounced-outflows-of-over-130m-in-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines