This Time Tether Takes Action In The $126 Million #Multichain Hack!

#Tether, the company behind the USDT #stablecoin, has announced that it has frozen several accounts linked to the theft of more than $2.5 million USDT in the Multichain hack.

Multichain recently reported that it was under a hack attack and $126 million worth of tokens were stolen from its smart contracts.

The #Fantom Foundation, which operates a blockchain platform that supports #DeFi applications, was one of the projects affected by the attack.

However, Multichain has suspended its service and advised users not to use its bridge until further notice. The project did not provide any updates on the hack's status or recovery efforts.