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Multichain Bridges Experience Unannounced Outflows of Over $130M in Crypto
6.7.2023
Multichain's bridges for Fantom, Dogechain and Moonriver are seeing major unexplained outflows
What is the ZK industry up to? Rollups, multichain bridges and VCs
6.7.2023
As an emerging technology, how can zero-knowledge proofs remedy many issues across the crypto space?
Binance Halts Transfers of Multichain-Linked Tokens Following May Incident – Here's the Latest
5.7.2023
Starting July 7, 2023, Binance will cease to facilitate deposits and withdrawals of several cross-chain bridge tokens associated with the Multichain project across specified networks.
This suspension will remain in effect until further notice.
The decision to suspend support for these tokens...
Binance ceases support for deposits and withdrawals of suspended Multichain-bridged tokens
5.7.2023
This decision has implications for users who utilize bridged tokens on networks such as BNB Smart Chain, Fantom, Ethereum and Avalanche blockchains
‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World
21.6.2023
Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it's there on a different chain, will go live on Starknet soon
Mysterious Disappearance of Multichain CEO Sends Shockwaves Through Crypto Community
3.6.2023
Four days ago, on May 31, 2023, the cross-chain protocol Multichain announced on Twitter that the team has been unable to locate the firm’s CEO. As a result, controls to several blockchain network routers have been impaired. The project’s native token, MULTI, has experienced a...
Gate.io Clamps Down on Rumors Following Twitter Upheaval Over Multichain
1.6.2023
Cryptocurrency exchange Gate.io disputed rumors of insolvency after tweets were sent alleging a connection between it and Multichain.
“We would like to clarify that our operations are running healthily, withdrawals are functioning properly, and there are no issues with our operations...
As Multichain Wobbles, Some Fantom-Based DeFi Projects Flee Bridged Tokens
1.6.2023
The actions showcase how Multichain’s faltering infrastructure and AWOL CEO are sending shockwaves through Fantom, the blockchain most heavily dependent on Multichain’s bridges
Multichain protocol sails through all challenges
1.6.2023
The multichain protocol has been compelled to block all cross-chain services for the sake of safeguarding the interests of connected users. At the present moment in time, the protocol is going through a rough patch of functional interruptions because of factors they were completely unaware of. This...
Gate.io denies liquidity problems after Multichain CEO goes missing
31.5.2023
Some Twitter users posted transactions showing large inflows of MULTI and FTM to Gate.io, leading them to perceive a connection between the two organizations
Multichain team cannot locate CEO, halts service for affected chains
31.5.2023
Cross-chain services are suspended for Kekchain, PublicMint, Dyno Chain, Red Light Chain, Dexit, Ekta, HPB, ONUS, Omax, Findora, and Planq
Crypto Bridging Protocol Multichain ‘Unable to Contact’ CEO Zhaojun
31.5.2023
Multichain has suffered days of issues amid swirling rumors over the fate of its team
FTX 2.0 coming up, Multichain FUD and Worldcoin raises six figures: Hodler’s Digest, May 21-27
27.5.2023
FTX reboot is in the works, Multichain issues spark uncertainty and Sam Altman’s crypto project Worldcoin raises millions of dollars
Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl
26.5.2023
The crypto bridging service Multichain is coming under the microscope from Binance and other important outposts
Multichain Daily Bridging Volume Sees 5x Increase After Alleged Team Arrest, Barely Any Panic for Fantom
26.5.2023
Rumors have been spreading throughout the cryptoverse that the major blockchain bridge Multichain team has been arrested by the Chinese police - with the shockwaves hitting the Fantom (FTM) ecosystem softer than expected.
Per several Twitter accounts, the Chinese community has been reporting...
Chinese TV’s crypto ‘bull run’ report censored, Multichain crisis: Asia Express
26.5.2023
News of HK legalizing crypto exchanges censored by state media after just two days, meanwhile, Multichain token plunges after police arrest rumors
Binance suspends deposits for bridged tokens, seeks clarity from Multichain team
25.5.2023
Transactions on the Multichain protocol have been delayed across multiple cross-chain bridges without a clear explanation
Multichain token plunges 30% on backend upgrade delay
24.5.2023
The MULTI protocol's TVL remains largely unchanged at $1.6 billion despite a large selloff in the token price
Okx Introduces New Ordinals Marketplace Amid Bitcoin Inscription and BRC20 Buzz
16.5.2023
On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still in its early stages, users can take advantage...
China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express
28.4.2023
Huawei unveils latest in wave of Chinese ChatGPT rivals, Alibaba’s multichain bridge, Hong Kong crypto exchange regulations imminent