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As Multichain Wobbles, Some Fantom-Based DeFi Projects Flee Bridged Tokens
1.6.2023
The actions showcase how Multichain’s faltering infrastructure and AWOL CEO are sending shockwaves through Fantom, the blockchain most heavily dependent on Multichain’s bridges
Multichain protocol sails through all challenges
1.6.2023
The multichain protocol has been compelled to block all cross-chain services for the sake of safeguarding the interests of connected users. At the present moment in time, the protocol is going through a rough patch of functional interruptions because of factors they were completely unaware of. This...
Gate.io denies liquidity problems after Multichain CEO goes missing
31.5.2023
Some Twitter users posted transactions showing large inflows of MULTI and FTM to Gate.io, leading them to perceive a connection between the two organizations
Multichain team cannot locate CEO, halts service for affected chains
31.5.2023
Cross-chain services are suspended for Kekchain, PublicMint, Dyno Chain, Red Light Chain, Dexit, Ekta, HPB, ONUS, Omax, Findora, and Planq
Crypto Bridging Protocol Multichain ‘Unable to Contact’ CEO Zhaojun
31.5.2023
Multichain has suffered days of issues amid swirling rumors over the fate of its team
FTX 2.0 coming up, Multichain FUD and Worldcoin raises six figures: Hodler’s Digest, May 21-27
27.5.2023
FTX reboot is in the works, Multichain issues spark uncertainty and Sam Altman’s crypto project Worldcoin raises millions of dollars
Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl
26.5.2023
The crypto bridging service Multichain is coming under the microscope from Binance and other important outposts
Multichain Daily Bridging Volume Sees 5x Increase After Alleged Team Arrest, Barely Any Panic for Fantom
26.5.2023
Rumors have been spreading throughout the cryptoverse that the major blockchain bridge Multichain team has been arrested by the Chinese police - with the shockwaves hitting the Fantom (FTM) ecosystem softer than expected.
Per several Twitter accounts, the Chinese community has been reporting...
Chinese TV’s crypto ‘bull run’ report censored, Multichain crisis: Asia Express
26.5.2023
News of HK legalizing crypto exchanges censored by state media after just two days, meanwhile, Multichain token plunges after police arrest rumors
Binance suspends deposits for bridged tokens, seeks clarity from Multichain team
25.5.2023
Transactions on the Multichain protocol have been delayed across multiple cross-chain bridges without a clear explanation
Multichain token plunges 30% on backend upgrade delay
24.5.2023
The MULTI protocol's TVL remains largely unchanged at $1.6 billion despite a large selloff in the token price
Okx Introduces New Ordinals Marketplace Amid Bitcoin Inscription and BRC20 Buzz
16.5.2023
On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still in its early stages, users can take advantage...
China’s wave of ChatGPT rivals, Alibaba goes multichain: Asia Express
28.4.2023
Huawei unveils latest in wave of Chinese ChatGPT rivals, Alibaba’s multichain bridge, Hong Kong crypto exchange regulations imminent
Phantom Wallet CEO explains why wallets must move to be multichain
27.4.2023
Phantom Wallet CEO Brandon Millman argues airdrops may not be worth the hype and self-custody wallets are not off the hook regarding regulation
Connecting DeFi: How multichain token systems can improve liquidity
19.4.2023
Multichain token systems can move tokens between different blockchains, allowing users to access liquidity across multiple markets
Allbridge exploiter returns most of the $573K stolen in attack
4.4.2023
An exploit resulted in around $573,000 in crypto looted from Allbridge, but the hacker has now seemingly accepted the offer of a “white hat bounty.”
‘AI Tools Will Provide Very Interesting Enhancements for the Metaverse’ — Upland Co-Founder
1.4.2023
According to Dirk Lueth, co-founder of the Upland Metaverse, the colonization of the metaverse by tech giants and the building of so-called “walled garden systems” is not sustainable. Lueth argues that instead of “locking users in,” the metaverse should usher in “a...
Multichain Wallet Bitkeep Raises $30 Million From Bitget to Strengthen Links Between Defi and Cefi
23.3.2023
On Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at strengthening the links between decentralized finance (defi) and centralized finance (cefi). Bitget...
Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain
22.3.2023
The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours. Defi Value Swells Close to 2% Higher...
Multichain wallet BitKeep raises $30M at $300M valuation
22.3.2023
The firm previously raised $15 million at a $100 million valuation in May 2022