The saga started earlier this week when Multichain instructed its users to remove approvals for six tokens, warning that otherwise their assets would be exposed to a security vulnerability. The tokens were WETH, PERI, OMT, WBNB, MATIC and AVAX. Multichain tweeted on Tuesday that hackers had siphoned about $1.4M in wrapped ether from users.
Related posts
-
Coinmetrics Report: Bitcoin Mining Faces Turbulence in Q2 2024
Bitcoin miners experienced a challenging second quarter in 2024, marked by a 7% decline in hashrate... -
Sony Group Planning Launch of Crypto Exchange With Acquisition of Amber Japan: Report
Japanese conglomerate and consumer electronics giant Sony Group is reportedly preparing to unveil a crypto exchange... -
Spot Ether (ETH) Exchange-Traded Funds (ETFs) Are Likely to See Up to $5B of Net Inflows in First Six Months: Gemini
Net inflows into spot ether ETFs below $3 billion would be a disappointment given that bitcoin...