Multichain recovers $2.6M stolen funds, to reimburse losses on condition -Breaking
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Multichain, a cross-chain router protocol, announced that it had recovered nearly half of all the stolen funds. This amount is nearly $2.6million. The team has also released a compensation plan to reimburse the users’ losses.
On Jan. 10, blockchain security expert Dedaub alerted Multichain about two vulnerabilities in its liquidity pool and router contracts — affecting eight cryptocurrencies including wrapped ETH(WETH), Wrapped BNB (WBNB), PolygonMATIC(AVAX).
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