Multichain Says Around $1.4M Ether Siphoned From Users Who Failed to Update Approvals

1/18/2022 2:23:00 PM

The cross-chain bridge urged users to remove approvals for six tokens after it was alerted to a security flaw.

Around $1.4 million worth of ether stolen from MultichainOrg users after the cross-chain bridge instructed users to remove approvals for six tokens, citing security vulnerability. By egreechee

The cross-chain bridge urged users to remove approvals for six tokens after it was alerted to a security flaw.

holds 455 ether as of the time of writing.Because the users have to be the ones to remove the approvals, there isn't much Multichain can do, PeckShield told CoinDesk in a Twitter message.Multichain, formerly Anyswap, is a cross-chain bridge which$60 million in a seed round led by Binance Labs in December 2021.

Read more:Anyswap Rebrands to Multichain, Raises $60M Led by Binance LabsDISCLOSURE

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address holds 455 ether as of the time of writing.has now become slightly cheaper .County residents and tribal members in the designated countries can submit an application to receive funding at or by calling 1-800-621-FEMA (3362).Earlier this month, at least one suspect entered the couple's home through a back bedroom window and stole approximately $1 million worth of jewelry.

Because the users have to be the ones to remove the approvals, there isn't much Multichain can do, PeckShield told CoinDesk in a Twitter message. Multichain, formerly Anyswap, is a cross-chain bridge which $60 million in a seed round led by Binance Labs in December 2021.. Read more: Anyswap Rebrands to Multichain, Raises $60M Led by Binance Labs DISCLOSURE The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a . ©2022 Cox Media Group.