Did Multichain Use Millions in User Funds Without Permission?
It’s only been a couple weeks since we put out a video covering the hack of Binance’s BNB cross chain bridge and we’re already back with another video on cross-chain bridges. This time though, we’re zeroing in Multichain, the bridging platform with nearly $1.5 billion in total locked. That’s the second-largest bridge after Polygon PoS.
No, Multichain hasn’t just been hacked, but what we ARE seeing is dubious activity on the network that is only fueling more doubt about the vulnerabilities of cross-chain bridges. Defiant reporter Aleks Gilbert broke the news just yesterday so let’s have a little deep dive into Multichain.
0:00 Cross Chain Bridges
0:36 Recent Cross Chain Hacks
1:23 Something Odd at Multichain
2:02 Did the users know?
3:21 Complexities of Cross Chain Bridges
5:05 How bad is the worst case scenario
5:52 Transparency
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5:04
CowboyTrades
1 year agoBinance Accused Of Abusing Customer Funds !!!
13 -
4:03
Katoch Tubes
11 months ago❌ STOP using Multichain bridge | Revoke access Immediately | $100+ million hacked
2 -
3:00
ChainDaemon
11 months agoGeist Finance is shutting down permanently due to losses from the Multichain exploit
56 -
32:16
CryptosRus
11 months ago$30 Trillion Flows Into Bitcoin If This Happens...
5792 -
12:43
CyberHub_Podcast
1 year ago🚨 Cyber News: $91M Paid to LockBit Gang, Microsoft Outs Russia, China Abuses DoH & FCC on Privacy
27 -
4:17
CryptoWendyO
11 months ago $0.01 earned🚨SHOCKING SEC asks for $72 Million to DESTROY crypto 😂
1392 -
2:50
Crypto0nus
1 year agoScammers Earned Millions From The Merge Event On Ethereum
2 -
8:32
Max Maher
2 years ago$2 Million Gone.. Crypto Scammers Took it All
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12:39
Crypto Vagabonds
8 months agoFTX had Many Frauds | Binance Freezes Hamas Accounts
9 -
15:39
BtyeZign
3 months agoI Was Hacked! Hackers Stole 5 Figures of My Crypto! | Personal Account
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