Multichain MPC bridge sees $100M+ outflows, sparking fears of exploit By Cointelegraph

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Abnormally large outflows from the Multichain MPC bridge platform are sparking fears of a multi-million dollar exploit.

On July 6, observers noticed that approximately $102 million worth of crypto has been withdrawn from Multichain’s Fantom bridge on the side, as well as $666,000 from Dogechain and $5 million from Moonriver.

July 6 withdrawals from the Multichain Fantom Bridge contract on Ethereum. Source: Blockchain data