Attacked by hackers, Multichain lost over 100m worth of tokens😲
Popular cross-chain protocol Multichain saw a new hack responsible for stealing ~$103mm in tokens, after previously reporting a ~125mm theft from earlier in the month. The community suspects that the theft was an "inside-job", especially after the protocol officially confirmed that their CEO had already been taken away by the Chinese police since May. Furthermore, these collective losses have forced Multichain to cease its operations, leaving the beleaguered crypto market to deal with yet another 'rug-pull' from a well-followed project.
