Multichain Token Crashes Over 20% Amid Reports of Users' Funds Being Stuck

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The delay in the completion of Multichain's backend upgrade has caused users' transactions to be stucked on the protocol for three days.

Multichain Token Crashes Over 20% Amid Reports of Users’ Funds Being StuckThe delay in the completion of Multichain’s backend upgrade has caused users’ transactions to be stucked on the protocol for three days.

Several Multichain users have complained about their funds being stuck in the protocol for as long as 72 hours. Part of the problem seems to stem from a backend upgrade, which the team said is taking longer than usual.The upgrade of the back-end node is taking longer than expected. Most of the routes are working as usual, as some routes are suspended temporarily for now. All the affected transactions will arrive once the upgrade is complete.

 

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