Cross-chain bridge Multichain has reportedly lost crypto assets worth $126 million after being locked since May.

The bridge has $1.25 billion in total liquidity for facilitating cross-chain transfers, per DeFiLlama.

The team confirmed the exploit this morning in a tweet that assets locked were being “moved to an unknown address abnormally.”

Blockchain security firm PeckShied tracked the stolen tokens, which include Wrapped Bitcoin (WBTC), Chainlink ( Go to Source to See Full Article
Author: Nivesh Rustgi

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