SpiritSwap to Wind Down Operations Due to Multichain Hack SpiritSwap, a decentralized exchange (DEX) built on Fantom, has announced that it will wind down its operations…
SpiritSwap, a decentralized exchange (DEX) on Fantom, will cease operations from Sep.1 SpiritSwap, a popular decentralized exchange (DEX) on the Fantom blockchain, has announced that it…
Fantom-based DEX SpiritSwap Shuts Down Due to Multichain Hack Fallout The Fantom-based decentralized exchange (DEX) SpiritSwap has announced that it will be shutting down due to…
The Closure of Geist Finance Geist Finance has made the decision to permanently close its operations following Multichain’s confirmation that the funds will not be recovered.…
Binance Unaffected by Multichain Exploit Changpeng Zhao (CZ), the CEO and founder of Binance, assured users that the recent hack on the cross-chain router protocol Multichain…
Cryptocurrency Hack Results in Multimillion-Dollar Compensation Ruling The recent ruling by the High Court of Singapore ordered the Multichain Foundation to pay $2.18 million in compensation…
Beluga Protocol Falls Victim to Hacking Attack A recent hacking attack targeted the Beluga protocol deployed on the Arbitrum network. The attackers were able to steal…
Beluga Protocol Falls Victim to Cyber Attack, Losing $238,300 Beluga, a multichain stableswap protocol, has become the latest victim of cyber attacks in the decentralized finance…
The Multichain bridge: A centralized vulnerability The Multichain bridge, a well-established token bridge in the world of DeFi, experienced a significant loss of $126 million in…