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Breaking: Some Multichain transactions are confirmed as queue unwinds

Published 11/01/2023, 05:39 PM
Updated 11/01/2023, 07:20 PM
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Hacked cross-chain protocol Multichain has confirmed some transactions, and its backlog of queued transactions has declined to only a single transaction, according to data from Multichain's explorer tool. Blockchain data confirms that some of the transactions have been confirmed on the destination chain, while others show as confirmed in the Multichain explorer but not on the destination chain.

Browsers with the Metamask wallet extension currently show a warning when users attempt to view the Multichain explorer, due to the fact that the protocol has been hacked. However, it can be viewed with a browser that does not have a Web3 wallet installed. Cointelegraph does not recommend connecting to Multichain with a wallet app, and the site itself may also be unsafe.

Multichain confirmations on November 11, 2023. Source: Multichain.org.
Caption: A single account on Ethereum making multiple deposits to Multichain on November 1. Source: Etherscan.

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