The exploiter manipulated price oracles to gain the upper hand on trades executed using the manipulated price.
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Multichain’s ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis
Chainalysis told Cointelegraph that they were “describing it as a possible rug pull,” based on an analysis of Multichain’s spurious transactions and internal problems.
Brazil’s CBDC pilot contains code that can freeze or reduce funds, dev claims
Pedro Magalhães, a blockchain developer who claims to have reverse-engineered Brazil’s pilot CBDC has found code that would allow accounts to be frozen or drained […]
Arkham on-chain ‘Intel Exchange’ labeled ‘snitch-to-earn’ by Crypto Twitter
Users who shared links to a waitlist for the Arkham service had their email addresses exposed on Twitter due to how the references were encoded.
Connext founder proposes ‘Sovereign Bridged Token’ standard after Multichain incident
EIP-7281 will allow token issuers to list official bridges and limit the rate at which they can mint tokens, potentially limiting losses from bridge hacks.
48% fewer new crypto coders last year – developer report
Newcomers account for the highest percentage of developers that have left the industry over the past 12 months.
XRPL grows in Q2 despite SEC lawsuit concerns: Report
The XRP Ledger saw a significant increase in the total new address count, which reached 138,790, representing a growth of 31.8% compared with the same […]
Multichain attack triggers Twitter phishing scheme for FTM distribution
A phishing link was included in the tweet and shared with the affected users of the hack, leading them to believe it is associated with […]
Circle, Tether freezes over $65M in assets transferred from Multichain
Multichain has suspended its operations after an unexplained transfer of crypto assets worth millions of dollars took place on July 6.
What is The Graph, and how does it work?
The Graph is an indexing protocol for Web3 applications that organizes blockchain data to make it easily accessible with GraphQL..