Fantom Foundation Remains Resilient as Multichain Faces Crisis
In a startling episode, Multichain recently weathered a hefty outflow of $125 million in multichain assets from its cross-chain protocol. The Fantom Bridge bore the brunt of this exodus, witnessing a $122 million drain from its entire portfolio of wBTC, USDC, USDT, and other altcoins. Consequently, the platform announced a temporary suspension of its services....