Fantom-based SpiritSwap heads for shutdown after Multichain hack drains treasury
SpiritSwap, a Fantom-based decentralized exchange (DEX), is winding down its operation after Multichain’s (MULTI) hack drained its treasury of all funds, according to an Aug. 9 message on its Telegram channel. On July 14, the Multichain team closed the cross-chain protocol following their inability to reach CEO Zhaojun and effectively maintain its operation. Before then, the...